Alternative Loan Information
Recent legislation has required changes in the requirements for placing banks on colleges’ Suggested Lender List. Borrower benefits vary from bank to bank and are subject to change. If a bank sells a student’s loan to another bank, benefits may change. Students are encouraged to contact the bank of their choice for full details concerning loan provisions and benefits. Interest rates and repayment provisions are federally controlled.
The lenders on the following list have been selected because the number of borrowers who have used or are currently using the bank, the ease of contact in dealing with the bank, and the prompt attention to servicing problems. The lenders presented offer competitive borrower benefits and flexible repayment options. The list may be updated as and when adjustments are deemed necessary.
It is advisable to continue to use the same lender through out student’s college career. This will make the process of repaying the loan simpler and easier.
Chase 866-661-3877
CitiBank 800-967-2400
Nelnet 800-922-6352
Sallie Mae 888-272-5543
TuitionBids.com 866-289-9566
Wells Fargo 800-658-3567
Wachovia 877-689-0763
The above list represents a small number of banks that may offer alternative loans. There are many other banks that may offer similar or better loan programs. Our college does not endorse any of the above banks. The list is provided for quick reference only and students are encouraged to shop and secure the best terms from any bank on their own.