Stafford Loan - Lender List
For your convenience, we have compiled a list of lenders for the 2009-2010 academic year. These lenders are committed to providing students with strong borrower benefits and excellent service. These lenders meet or exceed criteria that are valuable to our students and college and were chosen via an annual evaluation process where they were scored based on a model provided by the National Association of Financial Aid Administrators (NASFAA). Please know that Hanover College does not have agreements with any lenders to provide financial incentives to the college based on guaranteed loan volume or any other metric. We have always and will continue to honor the student's right to choose any lender. If you choose to utilize a lender other than one listed below, we recommend that you contact the Office of Financial Assistance to ensure timely processing of your loan. Please remember that your lender is your choice.
Scroll down to review all lenders and apply for your loan.
Benefits are subject to change at any time. Please consult the lender website for the most up to date information.
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Lender: |
Discover Student Loans | Fifth Third | |
| Servicer: | Great Lakes | Sallie Mae | |
| Guarantor: | TG | TG | |
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Lender Code: |
831312 | 808780 | |
| Interest Rate: | 5.6% Sub/ 6.8% Unsub |
5.6% Sub/ 6.8% Unsub |
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Fees Deducted: |
0.5% deducted from loan proceeds | 0.5% deducted from loan proceeds | |
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Additional Benefits & Info: |
0.25% interest rate reduction for automatic debit of payments |
0.25% interest rate reduction for automatic debit of payments | |
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Borrower Hotline: |
1-877-728-3030 |
1-800-222-7192 |
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Lender Website: |
Discover | ||
| Online Application: | Apply Now | Apply Now |
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Lender: |
Charter One |
PNC | |
| Servicer: | Sallie Mae | ACS | |
| Guarantor: | TG | TG | |
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Lender Code: |
808140 | 809921 | |
| Interest Rate: | 5.6% Sub/ 6.8% Unsub | 5.6% Sub/ 6.8% Unsub | |
|
Fees Deducted: |
0.5% deducted from loan proceeds | 0.5% deducted from loan proceeds | |
|
Additional Benefits & Info: |
0.25% interest rate reduction for automatic debit of payments |
0.25% interest rate reduction for automatic debit of payments | |
|
Borrower Hotline: |
1-800-721-3969 |
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1-800-658-3567 |
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Lender Website: |
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| Online Application: | Apply Now | Apply Now |
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Lender: |
Sallie Mae Education Trust | Nelnet | EdAmerica |
| Servicer: | Sallie Mae | Nelnet/DOE | EdFinancial |
| Guarantor: | TG |
TG |
TG |
| Lender Code: | 802218 |
824573 |
831453 |
| Interest Rate: | 5.6% Sub/ 6.8% Unsub | 5.6% Sub/ 6.8% Unsub | 5.6% Sub/ 6.8% Unsub |
|
Fees Deducted: |
0.5% deducted from loan proceeds | 0.5% deducted from loan proceeds | 0.5% deducted from loan proceeds |
|
Additional Benefits & Info: |
0.25% interest rate reduction for automatic debit of payments |
0.25% interest rate reduction for automatic debit of payments |
0.25% interest rate reduction for automatic debit of payments |
|
Borrower Hotline: |
1-888-272-5543 |
1-888-486-4722 |
1-800-337-1009 |
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Lender Website: |
Nelnet | EdAmerica | |
| Online Application: | Apply Now | Apply Now | Apply Now |
|
Lender: |
Wells Fargo | Wachovia | |
| Servicer: | Wells Fargo | Wachovia/ACSl | |
| Guarantor: | TG |
TG |
|
| Lender Code: | 807176 | 830005 | |
| Interest Rate: | 5.6% Sub/ 6.8% Unsub | 5.6% Sub/ 6.8% Unsub | |
|
Fees Deducted: |
0.5% deducted from loan proceeds | 0.5% deducted from loan proceeds | |
|
Additional Benefits & Info: |
|
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Borrower Hotline: |
1-800-658-3567 | 1-800-338-2243 |
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Lender Website: |
Wells Fargo | Wachovia |
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| Online Application: | Apply Now | Apply Now |
