La Salle University





Federal Graduate PLUS Loan Lender List for 2008-2009

Student Loans are an important part of any college financing plan. You have the right to select any lender with any guarantee agency.

At La Salle University, we realize that there are many lenders and many different types of loans. To help our families make good financial choices we recommend the following lenders. How did we arrive at this list? We asked over twenty national and local lenders to submit proposals of their 2008-2009 borrower benefits. After a thorough review of these proposals, the La Salle Lender Selection Committee selected these lenders on the basis of price, borrower benefits and customer service. These lenders are only recommended: La Salle University will process any loan from any lender or guarantee agency.
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LENDER INFORMATION

BORROWER BENEFITS


Citizens Bank

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Customer service:888-272-5543

Lender code: 810240
  • 8.75% interest rate
  • 4% origination fee will charged. For example: if you take out a $10,000.00 loan only be $9,600.00 will be disbursed to the school.
  • Default fee will be paid on the borrower’s behalf on Graduate PLUS Loans for academic year 2008-2009.
  • .7% Interest rate reduction for sign up for Direct Repayment (ACH) option.
  • 1% loan Credit based upon making the first 12 payments as initially scheduled. To qualify, borrowers must also, prior to first payment due date, sign up for Manage Your Loans.

Fifth Third Bank

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Customer service:888-272-5543

Lender code: 808780
  • 8.75% interest rate
  • 4% origination fee will charged. For example: if you take out a $10,000.00 loan only be $9,600.00 will be disbursed to the school.
  • Default fee will be paid on the borrower’s behalf on Graduate PLUS Loans for academic year 2008-2009.
  • .7% Interest rate reduction for sign up for Direct Repayment (ACH) option.
  • 1% loan Credit based upon making the first 12 payments as initially scheduled. To qualify, borrowers must also, prior to first payment due date, sign up for Manage Your Loans.

Sallie Mae Education Trust

Apply Now

Customer service:888-272-5543

Lender code: 802218
  • 8.75% interest rate
  • 4% origination fee will charged. For example: if you take out a $10,000.00 loan only be $9,600.00 will be disbursed to the school.
  • Default fee will be paid on the borrower’s behalf on Graduate PLUS Loans for academic year 2008-2009.
  • .7% Interest rate reduction for sign up for Direct Repayment (ACH) option.
  • 1% loan Credit based upon making the first 12 payments as initially scheduled. To qualify, borrowers must also, prior to first payment due date, sign up for Manage Your Loans.
 

You may borrow from any FFELP lender of your choice. The lender you select does not have to be one of the lenders listed above. Please contact the Student Financial Services Office if selecting a lender not listed.

Additional qualification requirements apply for each benefit listed above. Visit each lender’s web site to learn how to earn their benefits.

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We love questions. E-mail us at finserv@lasalle.edu.