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DIVISION OF STUDENT FINANCIAL AID |
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Preferred Lenders Students can choose any lender that participates in the FFEL Program. By law, staff members in the Division of Student Financial Aid can not make this important personal decision for any student. Although the basic terms of the loan are the same, lenders offer a variety of services to families. We would urge everyone who is borrowing for the first time visit each lender's Internet site and find the "right match" for their needs. The Division of Student Financial Aid works with a number of major lenders to provide a streamlined electronic application process for Federal Stafford and PLUS Loans. If you are interested in participating in this streamlined process, we can electronically certify your loan eligibility with one of the following participating lenders. You will be able to complete their Master Promissory Note online once we certify the loan. Students without Internet access can call 1-888-272-5543 and request their lender mail a pre-printed paper MPN to their address. Students must complete a MPN before funds can be disbursed. Funds will be disbursed via an electronic funds transfer from the lender to the University where it is posted to the student's account. We encourage families to visit each lender's web site to check on the benefits that they offer. These lenders have historically provided excellent service to our families. We have not received any incentives from these lenders nor do we have any agreements with them in exchange for listing them on this website. Lenders are listed in alphabetical order. An updated list of lenders will be available for the 2008-2009 academic year by May 2008.
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