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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.

 

Lender:
Discover Student Loans Fifth Third
Servicer: Great Lakes Sallie Mae
Guarantor: TG TG
Lender Code:
831312 808780
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:
1-877-728-3030
1-800-222-7192
 
Lender Website:
Discover
Online Application: Apply Now Apply Now

Lender:
Charter One
 PNC
Servicer: Sallie Mae ACS
Guarantor: TG TG
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
 
1-800-658-3567 
Lender Website:
 
PNC 
Online Application: Apply Now Apply Now

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
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:
 
 
 
Borrower Hotline:
1-800-658-3567 1-800-338-2243
 
Lender Website:
Wells Fargo Wachovia
 
Online Application: Apply Now Apply Now