Recommended Lender List
Federal Stafford Loan Recommended Lender List Our list of recommended lenders for your Federal Stafford Loan is listed below. The following lenders disburse funds electronically to our school. This allows funds to be posted directly to your student 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 website, HESC.com to begin the eSignature process for the Stafford MPN (Master Promissory Note). If you have any questions, you are encouraged to contact the Financial Aid Office. 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 | Loan Servicer | Borrower Benefits | Select |
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Chase (JPMorgan Chase Bank, N.A.)
www.ChaseStudentLoans.com
800.487.4404
Lender Code: 803000
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- All Chase-serviced loans, including private loans, are combined into a single bill
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- 0.25% interest rate reduction for borrowers who elect to have their monthly payments automatically deducted from a bank account.
- Flexible repayment terms.
- 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.
- Borrowers may be able to defer payments while in college, unemployed or experiencing economic hardship.
- Chase has more than 40 years of experience in the student loan industry.
- See web site or call for important terms and conditions. Benefits apply to loans originated and serviced under lender code 803000.
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Citibank
www.studentloan.com
800.967.2400
Lender Code:826878 |
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- 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.
- Deferments and flexible repayment options available.
- Citi Identity Theft protection services free to all Citibank borrowers.
- Life of loan servicing with Citibank from origination to repayment.
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Edamerica
www.edamerica.net
800.337.1009
Lender Code:831453
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- 0% to 1% default fees based on guarantor.
- .25% interest rate reduction with auto-debit.
- One point of contact for life of loan servicing.
- Combined billing available.
- 20 years of expertise concentrating solely on student loans.
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PNC Bank
www.pnconcampus.com
800.762.1001 option 1
Lender Code:809921
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- Affiliated Computer Services (ACS)
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- 25% interest rate reduction for auto debit from any bank account.
- Easy Online application.
- E-signature available.
- Life of loan servicing.
- "Live" customer service representative for each call.
- Flexible repayment terms.
- Deferment and forbearance options during repayment of your loan.
- PNC Bank reserves the right to modify the discount terms of this program at any time without notice.
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Sallie Mae
www.salliemae.com
888.272.5543
Lender Code:802218
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- You may qualify for a 0.25% point interest rate reduction when you make payments on your Sallie Mae Stafford loan by automatic debit.
- Easy online application and 24/7 online account management.
- Combined billing is available for Sallie Mae-serviced student loans.
- Join Upromise at www.upromise.com and use the rewards you earn on your everyday purchases to help automatically pay down your eligible Sallie Mae-serviced loans with Upromise Loan Link.
- Tuition payment plans to help make college costs more affordable.
- Sallie Mae's Education Investment Planner - an interactive tool that can help you plan for education expenses based on your family's own unique financial situation.
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| Other Lender |
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- If you wish to borrow with a lender not listed above, please apply here.
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