Bullsh|t! You can apply for anything you want to apply for. PRIVATELY funded means just that...NOT TAXES!!! It is a private loan. If you qualify, you qualify, if you don't you don't and the criteria is up to the lender and not mandated by the government.<quoted text>
It allows illegal aliens to apply for privately funded assistance. Assistance that I, as a legal resident, do not qualify for.
ALL universities have financial aid, some public (all "University of....'s" rely on tax dollars because they are public (read: not privately) funded so that everyone has access to an education, but even uber private universities (e.g Princeton) offer financial aid packages if they want you badly enough. I know this because no way no how can I pay the 65K per year they want, but they are offering me full private (read: not taxes) funding for grad school.
Did you even go to college?