Plus Loan

Recommended Lender List

Federal PLUS Loan Recommended Lender List

Please select a lender from our list of lenders below for your Federal PLUS Loan. The following lenders disburse funds electronically to our school. This allows funds to be posted directly to your students' account. Please make note of your selected lender’s name and lender code and then click on the “Apply Now!” button. You will be directed to the guarantor’s web site, HESC.com to begin the pre-approval and eSignature process for the PLUS MPN (Master Promissory Note). As a borrower, you should know that you have the right and ability to select the lender of your choice regardless of the recommended lender list referenced below.Borrower benefits are subject to change solely at the discretion of the lender.

Lender Information	Lender Code	Interest Rate	Borrower Benefits
Chase (JPMorgan Chase Bank, N.A.) www.ChaseStudentLoans.com 800.487.4404	803000	8.50%	0.25% interest rate reduction for borrowers who elect to have their monthly payments automatically deducted from a bank account. Pre-approval in seconds online or over the phone. Repayment term of up to 10 years. Flexible repayment terms. Parents may delay repayment for loans first disbursed after June 30, 2008 until 6 months after the student ceases to be enrolled at least half-time in school. Chase has more than 40 years of experience in the student loan industry. Chase may sell its loans to the U.S. Department of Education and the U.S. Department of Education may continue to honor the automatic payment interest rate reduction. See web site or call for important terms and conditions. Benefits apply to loans originated and serviced under lender code 803000.
Citibank www.studentloan.com 800.967.2400	826878	8.50%	0.50% automatic interest rate reduction when you enter repayment. 0.25% interest rate reduction when you enroll in our auto-debit payment program. Unlimited opportunities to earn back the automatic rate reduction benefit if it is ever lost due to late payment. No payments while in school. Parents can ask for up to 48 months of forbearance to delay payment while the student is still enrolled in school. Citi Identity Theft protection services free to all Citibank borrowers. Life of loan servicing with Citibank from origination to repayment.
Edamerica www.edamerica.net 800.337.1009	831453	8.50%	0% to 1% default fees based on guarantor. 0.25% interest rate reduction for auto-debit with continuous on-time payments. Interest only or postponement of payment options available. One point of contact for life of loan servicing. 20 years of expertise concentrating solely on student loans. Fast and easy online application with instant credit decision.
PNC Bank www.pnconcampus.com 800.762.1001 option 1	809921	8.50%	0.25% interest rate reduction for auto debit from any bank account. Easy Online application. Pre-approval in seconds online. Endorsers accepted. E-signature available. Life of loan servicing. "Live" customer service representative for each call. Full deferment eligibility. Flexible repayment terms. PNC Bank reserves the right to modify the discount terms of this program at any time without notice.
Sallie Mae www.salliemae.com 888.272.5543	802218	8.50%	You may qualify for a 0.25% point interest rate reduction when you make payments on your Sallie Mae Parent PLUS loan by automatic debit. Unwavering commitment and stability for more than 35 years-we have helped over 21 million students realize their dream of a higher education. 24/7 online acount management. Combined billing is available for Sallie Mae-serviced student loans.
Other Lenders	0	8.50%	If you wish to borrow your PLUS Loan with a lender not listed above please apply here.

Helpful Links/Resources

Recommended Lender List

Federal PLUS Loan Recommended Lender List