2003 guide to financial aid lenders. (Special section: financial aid).It's it's 1. Contraction of it is. 2. Contraction of it has. See Usage Note at its. it's it is or it has it's be ~have no secret that today, the largest part of financial aid for college and university students and their families comes in the form of loans from the many providers vying vy·ing v. Present participle of vie. vying vie for the business. In 1991-92, 47 percent of aid was in the form of loans, but by 1997-98, that figure ballooned bal·loon n. 1. a. A flexible bag designed to be inflated with hot air or with a gas, such as helium, that is lighter than the surrounding air, causing it to rise and float in the atmosphere. b. to 60 percent. Though the numbers have come down a few percentage points in the past few years, to today's students and their families, financial aid from lending institutions Noun 1. lending institution - a financial institution that makes loans financial institution, financial organisation, financial organization - an institution (public or private) that collects funds (from the public or other institutions) and invests them in may still mean the difference between timely college attendance or a years-long struggle to complete an education while working full- or part-time part-time adj. For or during less than the customary or standard time: a part-time job. part . With college enrollment numbers soaring soaring: see flight; glider. soaring or gliding Sport of flying a glider or sailplane. The craft is towed behind a powered airplane to an altitude of about 2,000 ft (600 m) and then released. , competition among lenders has become brisk Brisk as a proper name may refer to:
On the ensuing en·sue intr.v. en·sued, en·su·ing, en·sues 1. To follow as a consequence or result. See Synonyms at follow. 2. To take place subsequently. pages, UB presents a look at one of the newest of those technologies, e-signatures, followed by our annual comparison guide to lenders. If your institution is seeking a new lending partnership, here's your start to finding just the right fit.
2003 Guide to Financial Aid Lenders
Company Name and URL Stafford PLUS Consolidation
A+Funds
www.aplusfunds.com X X
Access Group
www.accessgroup.com X X
ALL Student Loan Corp
www.allstudentloan.org X X X
American Education Services/PHEAA
www.aesSuccess.org X X X
AMS Educational Loan Trust
www.tuitionpay.com X X X
ASAP/Union Bank and Trust
www.asapubt.com X X X
Assoc. of American Medical Colleges
www.aamc.org/medloans X X
Bank One
www.studentloannet.com X X X
Bank of America
www.bofa.com/studentbanking X X X
Banknorth Student Loan Program
www.banknorth.com X X X
Beneficial Savings Bank
www.beneficial.savings.com X X X
BorrowSmart-Trust
www.borrowsmart-trust.com X X X
Campus Door
www.campusdoor.com
Chase Manhattan Bank
www.chase.com/educationfirst X X X
Chela Financial
www.loans4students.com X X X
Citibank Student Loans
www.studentloan.com X X X
Citizens Bank
www.citizensbank.com X X X
Class Credit
www.classcredit.com
College Foundation Inc
www.cfnc.org X X X
Collegiate Funding Services
www.2cfs.com X X
COSTEP
www.costep.org X X X
CSLF Student Loan Foundation
www.cslf.com X X X
edsouth
www.edsouth.org X X X
Educaid, a First Union Corp
www.educaid.com X X X
Educational Credit Management Corp
www.ecmc.org X X X
Educational Funding Services Inc
www.efsi.net X X X
First Tennessee Bank
www.firsttennessee.com X X X
First Virginia Bank
www.firstvirginia.com X X
Firststar Bank
www.firstarstudentfinance.com X X X
FLEET
www.fleet.com/education X X X
Hibernia National Bank
www.hibernia.com X X X
HSBC Bank USA
us.hsbc.com/personal/student X X X
IDAPP
www.idapp.com X X X
International Education Finance Corp
www.iefc.com X X
Iowa Student Loan Liquidity Corp
www.studentloan.org X X X
Key Education Resources
www.key.com X X X
Louisiana Educationloan Authority
www.lela.org X X X
Marquette Bank
www.loansforcollege.com X X X
Medsolutions
www.mymedsolutions.com X X
Mellon Bank
www.mellon.com/edu X X X
Michigan Higher Ed SLA
www.michigan.gov/mistudentaid X X X
National City
www.studentlender.com X X X
National Education (Corus)
www.corusslc.com X X X
National Education (IDAPP)
www.nationaleducation.com X X X
Navy Federal Credit Union
www.navyfcu.org X X X
Nellie Mae
www.nelliemae.com X X X
Nelnet
www.nelnet.net X X X
New Hampshire HE Loan Corp
www.nhheaf.org X X X
NorthStar Total Higher Education
www.northstar.org X X X
NowLoan$
www.nowloans.org X
PNC Bank
www.eduloans.pncbank.com X X X
Sallie Mae
www.salliemae.com X X X
SLND-Bank of North Dakota
www.mystudentloanonline.com X X X
smartFUNDS
www.smartfunds.net X X
South Carolina Student Loan Corp
www.slc.sc.edu X X X
Southwest Student Loan Services
www.sssc.com X X X
Student Loan Funding Resources
www.studentloanfunding.com X X X
StaffordLoan.com
www.staffordLoan.com X X X
SunTrust Education Loans
www.suntrusteducation.com X X X
TCF Bank
www.tcfbank.com X X
The College Board
www.collegeboard.com X X X
US Education Finance Corporation
www.usefc.com X X X
U.S. Bank
www.usbank.com/studentloans X X X
Vermont Student Assistance Corp
www.vsac.org X X X
Washington Mutual
www.wamu.com X X
Wells Fargo
www.wellsfargo.com X X X
Private/ Origination
Company Name and URL Alternative Fee (%)
A+Funds
www.aplusfunds.com X 2
Access Group
www.accessgroup.com X 0
ALL Student Loan Corp
www.allstudentloan.org X 3
American Education Services/PHEAA
www.aesSuccess.org 0
AMS Educational Loan Trust
www.tuitionpay.com X 3
ASAP/Union Bank and Trust
www.asapubt.com X 3
Assoc. of American Medical Colleges
www.aamc.org/medloans 3
Bank One
www.studentloannet.com X 3
Bank of America
www.bofa.com/studentbanking X 3
Banknorth Student Loan Program
www.banknorth.com 3
Beneficial Savings Bank
www.beneficial.savings.com 3
BorrowSmart-Trust
www.borrowsmart-trust.com X 3
Campus Door
www.campusdoor.com X N/A
Chase Manhattan Bank
www.chase.com/educationfirst X 3
Chela Financial
www.loans4students.com X 3
Citibank Student Loans
www.studentloan.com X 3
Citizens Bank
www.citizensbank.com 3
Class Credit
www.classcredit.com
College Foundation Inc
www.cfnc.org X 3
Collegiate Funding Services
www.2cfs.com X 3
COSTEP
www.costep.org 3
CSLF Student Loan Foundation
www.cslf.com X 3
edsouth
www.edsouth.org X 2
Educaid, a First Union Corp
www.educaid.com X 3
Educational Credit Management Corp
www.ecmc.org 3
Educational Funding Services Inc
www.efsi.net X 3
First Tennessee Bank
www.firsttennessee.com 3
First Virginia Bank
www.firstvirginia.com 3
Firststar Bank
www.firstarstudentfinance.com X 3
FLEET
www.fleet.com/education X 3
Hibernia National Bank
www.hibernia.com 3
HSBC Bank USA
us.hsbc.com/personal/student 3
IDAPP
www.idapp.com X 3
International Education Finance Corp
www.iefc.com X 3
Iowa Student Loan Liquidity Corp
www.studentloan.org X 0
Key Education Resources
www.key.com X 3
Louisiana Educationloan Authority
www.lela.org 0
Marquette Bank
www.loansforcollege.com X 0
Medsolutions
www.mymedsolutions.com X 0
Mellon Bank
www.mellon.com/edu 1
Michigan Higher Ed SLA
www.michigan.gov/mistudentaid X 3
National City
www.studentlender.com X 3
National Education (Corus)
www.corusslc.com X 3
National Education (IDAPP)
www.nationaleducation.com X 3
Navy Federal Credit Union
www.navyfcu.org X 3
Nellie Mae
www.nelliemae.com X 3
Nelnet
www.nelnet.net 3
New Hampshire HE Loan Corp
www.nhheaf.org X 3
NorthStar Total Higher Education
www.northstar.org X 0
NowLoan$
www.nowloans.org X 0
PNC Bank
www.eduloans.pncbank.com X 3
Sallie Mae
www.salliemae.com X 0
SLND-Bank of North Dakota
www.mystudentloanonline.com X 3
smartFUNDS
www.smartfunds.net X 3
South Carolina Student Loan Corp
www.slc.sc.edu X 0
Southwest Student Loan Services UP TO
www.sssc.com X 3
Student Loan Funding Resources
www.studentloanfunding.com X 3
StaffordLoan.com
www.staffordLoan.com 3
SunTrust Education Loans
www.suntrusteducation.com X 3
TCF Bank
www.tcfbank.com X 3
The College Board
www.collegeboard.com X 3
US Education Finance Corporation standard fed.
www.usefc.com X rates
U.S. Bank
www.usbank.com/studentloans X 3
Vermont Student Assistance Corp
www.vsac.org X 3
Washington Mutual
www.wamu.com 3
Wells Fargo
www.wellsfargo.com X 3
Guarantee In-school
Company Name and URL Fee (%) interest (%)
A+Funds
www.aplusfunds.com 0 3.46
Access Group
www.accessgroup.com 0 3.46
ALL Student Loan Corp
www.allstudentloan.org 0 3.46
American Education Services/PHEAA
www.aesSuccess.org 0 3.46
AMS Educational Loan Trust
www.tuitionpay.com 1 3.46
ASAP/Union Bank and Trust
www.asapubt.com 1 3.46
Assoc. of American Medical Colleges
www.aamc.org/medloans 0 3.46
Bank One
www.studentloannet.com V 3.46
Bank of America
www.bofa.com/studentbanking 1 3.46
Banknorth Student Loan Program
www.banknorth.com 0 3.46
Beneficial Savings Bank
www.beneficial.savings.com 0 3.46
BorrowSmart-Trust UP TO
www.borrowsmart-trust.com 1 3.46
Campus Door
www.campusdoor.com N/A
Chase Manhattan Bank
www.chase.com/educationfirst 0 3.46
Chela Financial
www.loans4students.com 0 3.46
Citibank Student Loans
www.studentloan.com 0 3.46
Citizens Bank
www.citizensbank.com 0 3.46
Class Credit
www.classcredit.com
College Foundation Inc
www.cfnc.org 0 3.46
Collegiate Funding Services
www.2cfs.com 0 N/A
COSTEP
www.costep.org 0 3.46
CSLF Student Loan Foundation
www.cslf.com 0 2.99
edsouth
www.edsouth.org 1 3.46
Educaid, a First Union Corp
www.educaid.com 1 3.46
Educational Credit Management Corp
www.ecmc.org 0 3.46
Educational Funding Services Inc
www.efsi.net 0 3.46
First Tennessee Bank PRIME
www.firsttennessee.com 0 -1
First Virginia Bank
www.firstvirginia.com 1 3.46
Firststar Bank
www.firstarstudentfinance.com 1 3.46
FLEET
www.fleet.com/education 1 3.46
Hibernia National Bank
www.hibernia.com 0 3.46
HSBC Bank USA
us.hsbc.com/personal/student 0 3.46
IDAPP
www.idapp.com 3.46
International Education Finance Corp
www.iefc.com 0 3.46
Iowa Student Loan Liquidity Corp
www.studentloan.org 0 3.46
Key Education Resources
www.key.com 0 3.46
Louisiana Educationloan Authority
www.lela.org 0 3.46
Marquette Bank
www.loansforcollege.com 0 3.46
Medsolutions
www.mymedsolutions.com 0 3.46
Mellon Bank
www.mellon.com/edu 0 3.46
Michigan Higher Ed SLA
www.michigan.gov/mistudentaid 0 3.46
National City
www.studentlender.com 0 3.46
National Education (Corus)
www.corusslc.com 0 3.46
National Education (IDAPP)
www.nationaleducation.com 0 3.46
Navy Federal Credit Union
www.navyfcu.org 1 3.46
Nellie Mae
www.nelliemae.com 1 3.46
Nelnet
www.nelnet.net 1 3.46
New Hampshire HE Loan Corp
www.nhheaf.org 0 3.46
NorthStar Total Higher Education
www.northstar.org 0 3.46
NowLoan$
www.nowloans.org 0 3.46
PNC Bank
www.eduloans.pncbank.com 0 3.46
Sallie Mae
www.salliemae.com 0 3.46
SLND-Bank of North Dakota
www.mystudentloanonline.com 0 3.46
smartFUNDS
www.smartfunds.net 0 3.46
South Carolina Student Loan Corp
www.slc.sc.edu 0 3.46
Southwest Student Loan Services
www.sssc.com 0 3.46
Student Loan Funding Resources
www.studentloanfunding.com 0 3.46
StaffordLoan.com
www.staffordLoan.com 0 3.46
SunTrust Education Loans
www.suntrusteducation.com 1 3.46
TCF Bank
www.tcfbank.com 0
The College Board
www.collegeboard.com 1 3.46
US Education Finance Corporation
www.usefc.com 3.46
U.S. Bank
www.usbank.com/studentloans 0 3.46
Vermont Student Assistance Corp
www.vsac.org 1 3.46
Washington Mutual
www.wamu.com 1 3.46
Wells Fargo
www.wellsfargo.com 0 3.46
Phone/Web
Company Name and URL Interest (%) pre-approval
A+Funds
www.aplusfunds.com 4.06
Access Group
www.accessgroup.com 4.06 X
ALL Student Loan Corp 2.06
www.allstudentloan.org (CA) X
American Education Services/PHEAA
www.aesSuccess.org 4.06 X
AMS Educational Loan Trust
www.tuitionpay.com 4.06 X
ASAP/Union Bank and Trust
www.asapubt.com 4.06 X
Assoc. of American Medical Colleges
www.aamc.org/medloans 4.06 X
Bank One
www.studentloannet.com 4.06 X
Bank of America
www.bofa.com/studentbanking 4.06 X
Banknorth Student Loan Program
www.banknorth.com 4.06 X
Beneficial Savings Bank
www.beneficial.savings.com 4.06
BorrowSmart-Trust
www.borrowsmart-trust.com 4.06 X
Campus Door PRIME
www.campusdoor.com +1
Chase Manhattan Bank
www.chase.com/educationfirst 4.06 X
Chela Financial
www.loans4students.com 4.06 X
Citibank Student Loans
www.studentloan.com 4.06 X
Citizens Bank
www.citizensbank.com 4.06 X
Class Credit
www.classcredit.com
College Foundation Inc
www.cfnc.org 4.06 X
Collegiate Funding Services
www.2cfs.com N/A
COSTEP
www.costep.org 4.06 X
CSLF Student Loan Foundation
www.cslf.com 3.56 X
edsouth
www.edsouth.org 4.06 X
Educaid, a First Union Corp
www.educaid.com 4.06 X
Educational Credit Management Corp
www.ecmc.org 4.06 X
Educational Funding Services Inc
www.efsi.net 4.06 X
First Tennessee Bank PRIME
www.firsttennessee.com -1 X
First Virginia Bank
www.firstvirginia.com 4.06 X
Firststar Bank
www.firstarstudentfinance.com 4.06
FLEET
www.fleet.com/education 4.06 X
Hibernia National Bank
www.hibernia.com 4.06
HSBC Bank USA
us.hsbc.com/personal/student 4.06 X
IDAPP
www.idapp.com 4.06 X
International Education Finance Corp
www.iefc.com 4.06
(ALT
Iowa Student Loan Liquidity Corp LOANS
www.studentloan.org 4.06 ONLY)
Key Education Resources
www.key.com 4.06
Louisiana Educationloan Authority
www.lela.org 4.06 X
Marquette Bank
www.loansforcollege.com 4.06 X
Medsolutions
www.mymedsolutions.com 4.06 X
Mellon Bank
www.mellon.com/edu 4.06
Michigan Higher Ed SLA
www.michigan.gov/mistudentaid 4.06 X
National City
www.studentlender.com 4.06 X
National Education (Corus)
www.corusslc.com 4.06
National Education (IDAPP)
www.nationaleducation.com 4.06 X
Navy Federal Credit Union
www.navyfcu.org 4.06
Nellie Mae
www.nelliemae.com 4.06 X
Nelnet
www.nelnet.net 4.06 X
New Hampshire HE Loan Corp
www.nhheaf.org 4.06 X
NorthStar Total Higher Education
www.northstar.org 4.06 X
(ALT
NowLoan$ LOANS
www.nowloans.org ONLY) X
PNC Bank
www.eduloans.pncbank.com 4.06 X
Sallie Mae
www.salliemae.com 4.06 X
SLND-Bank of North Dakota
www.mystudentloanonline.com 4.06 X
smartFUNDS
www.smartfunds.net 4.06 X
South Carolina Student Loan Corp
www.slc.sc.edu 4.06 X
Southwest Student Loan Services
www.sssc.com 4.06 X
Student Loan Funding Resources
www.studentloanfunding.com 4.06 X
StaffordLoan.com
www.staffordLoan.com 4.06 X
SunTrust Education Loans
www.suntrusteducation.com 4.06 X
TCF Bank
www.tcfbank.com 4.06 X
The College Board
www.collegeboard.com 4.06
US Education Finance Corporation
www.usefc.com 4.06 X
U.S. Bank
www.usbank.com/studentloans 4.06 X
Vermont Student Assistance Corp
www.vsac.org 4.06 X
Washington Mutual
www.wamu.com 4.06 X
Wells Fargo
www.wellsfargo.com 4.06 X
Web acct
Company Name and URL access E-payment
A+Funds
www.aplusfunds.com X X
Access Group
www.accessgroup.com X X
ALL Student Loan Corp
www.allstudentloan.org X X
American Education Services/PHEAA
www.aesSuccess.org X X
AMS Educational Loan Trust
www.tuitionpay.com X X
ASAP/Union Bank and Trust
www.asapubt.com X X
Assoc. of American Medical Colleges
www.aamc.org/medloans X X
Bank One
www.studentloannet.com X X
Bank of America
www.bofa.com/studentbanking X X
Banknorth Student Loan Program
www.banknorth.com X X
Beneficial Savings Bank
www.beneficial.savings.com X
BorrowSmart-Trust
www.borrowsmart-trust.com X X
Campus Door
www.campusdoor.com
Chase Manhattan Bank
www.chase.com/educationfirst X X
Chela Financial
www.loans4students.com X X
Citibank Student Loans
www.studentloan.com X X
Citizens Bank
www.citizensbank.com X
Class Credit
www.classcredit.com
College Foundation Inc
www.cfnc.org X X
Collegiate Funding Services
www.2cfs.com
COSTEP
www.costep.org X X
CSLF Student Loan Foundation
www.cslf.com X
edsouth
www.edsouth.org X X
Educaid, a First Union Corp
www.educaid.com X X
Educational Credit Management Corp
www.ecmc.org X X
Educational Funding Services Inc
www.efsi.net X X
First Tennessee Bank
www.firsttennessee.com X
First Virginia Bank
www.firstvirginia.com X X
Firststar Bank
www.firstarstudentfinance.com X X
FLEET
www.fleet.com/education X X
Hibernia National Bank
www.hibernia.com
HSBC Bank USA
us.hsbc.com/personal/student X X
IDAPP
www.idapp.com X X
International Education Finance Corp
www.iefc.com X X
Iowa Student Loan Liquidity Corp
www.studentloan.org X X
Key Education Resources
www.key.com X
Louisiana Educationloan Authority
www.lela.org X
Marquette Bank
www.loansforcollege.com X X
Medsolutions
www.mymedsolutions.com X X
Mellon Bank
www.mellon.com/edu X
Michigan Higher Ed SLA
www.michigan.gov/mistudentaid X X
National City
www.studentlender.com X X
National Education (Corus)
www.corusslc.com X X
National Education (IDAPP)
www.nationaleducation.com X
Navy Federal Credit Union
www.navyfcu.org X X
Nellie Mae
www.nelliemae.com X X
Nelnet
www.nelnet.net X
New Hampshire HE Loan Corp
www.nhheaf.org X X
NorthStar Total Higher Education
www.northstar.org X X
NowLoan$
www.nowloans.org X X
PNC Bank
www.eduloans.pncbank.com X
Sallie Mae
www.salliemae.com X X
SLND-Bank of North Dakota
www.mystudentloanonline.com X
smartFUNDS
www.smartfunds.net X X
South Carolina Student Loan Corp
www.slc.sc.edu X X
Southwest Student Loan Services
www.sssc.com X X
Student Loan Funding Resources
www.studentloanfunding.com X X
StaffordLoan.com
www.staffordLoan.com X X
SunTrust Education Loans
www.suntrusteducation.com X X
TCF Bank
www.tcfbank.com X X
The College Board
www.collegeboard.com X
US Education Finance Corporation
www.usefc.com X X
U.S. Bank
www.usbank.com/studentloans X X
Vermont Student Assistance Corp
www.vsac.org X X
Washington Mutual
www.wamu.com X X
Wells Fargo
www.wellsfargo.com X X
OTP OTP Years in
Company Name and URL Deduction Rebate business
A+Funds
www.aplusfunds.com X 14
Access Group
www.accessgroup.com X 20
ALL Student Loan Corp
www.allstudentloan.org X 23
American Education Services/PHEAA
www.aesSuccess.org X 37
AMS Educational Loan Trust
www.tuitionpay.com X 33
ASAP/Union Bank and Trust
www.asapubt.com X 25
Assoc. of American Medical Colleges
www.aamc.org/medloans X X 17
Bank One
www.studentloannet.com X 38
Bank of America
www.bofa.com/studentbanking X 38
Banknorth Student Loan Program
www.banknorth.com X N/A
Beneficial Savings Bank
www.beneficial.savings.com X 150
BorrowSmart-Trust
www.borrowsmart-trust.com X 4
Campus Door
www.campusdoor.com 8
Chase Manhattan Bank
www.chase.com/educationfirst X X 30
Chela Financial
www.loans4students.com X 24
Citibank Student Loans
www.studentloan.com X 132
Citizens Bank
www.citizensbank.com X X 13
Class Credit
www.classcredit.com
College Foundation Inc
www.cfnc.org X X 48
Collegiate Funding Services
www.2cfs.com 5
COSTEP
www.costep.org X 31
CSLF Student Loan Foundation
www.cslf.com X 35
edsouth
www.edsouth.org X 16
Educaid, a First Union Corp
www.educaid.com X X 19
Educational Credit Management Corp
www.ecmc.org X X 9
Educational Funding Services Inc
www.efsi.net X 25
First Tennessee Bank
www.firsttennessee.com X X 35
First Virginia Bank
www.firstvirginia.com X N/A
Firststar Bank
www.firstarstudentfinance.com X 1
FLEET
www.fleet.com/education X 38
Hibernia National Bank
www.hibernia.com X X N/A
HSBC Bank USA
us.hsbc.com/personal/student X 150
IDAPP
www.idapp.com X 26
International Education Finance Corp
www.iefc.com X N/A
Iowa Student Loan Liquidity Corp
www.studentloan.org X 21
Key Education Resources
www.key.com X 41
Louisiana Educationloan Authority
www.lela.org X X 19
Marquette Bank
www.loansforcollege.com X N/A
Medsolutions
www.mymedsolutions.com X N/A
Mellon Bank
www.mellon.com/edu X N/A
Michigan Higher Ed SLA
www.michigan.gov/mistudentaid X X 28
National City
www.studentlender.com X 36
National Education (Corus)
www.corusslc.com X 30
National Education (IDAPP)
www.nationaleducation.com X 14
Navy Federal Credit Union
www.navyfcu.org X 63
Nellie Mae
www.nelliemae.com X 20
Nelnet
www.nelnet.net X X 31
New Hampshire HE Loan Corp
www.nhheaf.org X 40
NorthStar Total Higher Education
www.northstar.org X 12
NowLoan$
www.nowloans.org X X 15
PNC Bank
www.eduloans.pncbank.com X 38
Sallie Mae
www.salliemae.com X 31
SLND-Bank of North Dakota
www.mystudentloanonline.com 36
smartFUNDS
www.smartfunds.net X N/A
South Carolina Student Loan Corp
www.slc.sc.edu X 30
Southwest Student Loan Services
www.sssc.com X 20
Student Loan Funding Resources
www.studentloanfunding.com X X 21
StaffordLoan.com
www.staffordLoan.com X N/A
SunTrust Education Loans
www.suntrusteducation.com X X 30
TCF Bank
www.tcfbank.com X N/A
The College Board
www.collegeboard.com X 103
US Education Finance Corporation
www.usefc.com X X N/A
U.S. Bank
www.usbank.com/studentloans X X N/A
Vermont Student Assistance Corp
www.vsac.org X 37
Washington Mutual
www.wamu.com X 30
Wells Fargo
www.wellsfargo.com X X 30
Company Name and URL Sample clients
A+Funds
www.aplusfunds.com Did not disclose
Access Group Graduate and professional
www.accessgroup.com schools/students
ALL Student Loan Corp Cal Poly, Pomona;
www.allstudentloan.org San Diego; USC
American Education Services/PHEAA
www.aesSuccess.org Did not disclose
AMS Educational Loan Trust Yale, Carnegie Mellon,
www.tuitionpay.com U Michigan
ASAP/Union Bank and Trust Pepperdine, Stanford,
www.asapubt.com Mt. St. Mary's College
Assoc. of American Medical Colleges Medical schools,
www.aamc.org/medloans teaching hospitals
Bank One
www.studentloannet.com Did not disclose
Bank of America Business schools,
www.bofa.com/studentbanking law schools, med schools
Banknorth Student Loan Program
www.banknorth.com New England schools
Beneficial Savings Bank
www.beneficial.savings.com Pennsylvania schools
BorrowSmart-Trust
www.borrowsmart-trust.com Did not disclose
Campus Door Private loans to students at
www.campusdoor.com 1,600 colleges
Chase Manhattan Bank Colleges, universities,
www.chase.com/educationfirst students nationwide
Chela Financial
www.loans4students.com 800,000 students
Citibank Student Loans
www.studentloan.com Did not disclose
Citizens Bank
www.citizensbank.com New England schools
Class Credit
www.classcredit.com Did not disclose
Company Name and URL
College Foundation Inc U North Carolina and
www.cfnc.org NC community colleges
Collegiate Funding Services
www.2cfs.com 16,000 students
COSTEP Any school in US, Puerto
www.costep.org Rico, and Mexico
CSLF Student Loan Foundation Regional throughout
www.cslf.com Northwest
edsouth 450,000 students
www.edsouth.org in 18 states
Educaid, a First Union Corp
www.educaid.com 4,000 schools in 50 states
Educational Credit Management Corp
www.ecmc.org Virginia schools
Educational Funding Services Inc California Baptist U; Devry
www.efsi.net Inst of Tech, Chapman U
First Tennessee Bank
www.firsttennessee.com Tennesee schools
First Virginia Bank
www.firstvirginia.com Virginia schools
Firststar Bank
www.firstarstudentfinance.com N/A
FLEET St. John's (NY); Northeastern
www.fleet.com/education (MA); Georgetown (DC)
Hibernia National Bank
www.hibernia.com N/A
HSBC Bank USA
us.hsbc.com/personal/student Schools nationwide
IDAPP
www.idapp.com N/A
International Education Finance Corp
www.iefc.com International students
Iowa Student Loan Liquidity Corp
www.studentloan.org Iowa Colleges
Key Education Resources
www.key.com Schools nationwide
Louisiana Educationloan Authority
www.lela.org Louisiana schools
Marquette Bank
www.loansforcollege.com Did not disclose
Medsolutions
www.mymedsolutions.com Medical schools
Mellon Bank
www.mellon.com/edu N/A
Michigan Higher Ed SLA
www.michigan.gov/mistudentaid Michigan schools
National City
www.studentlender.com Schools nationwide
National Education (Corus)
www.corusslc.com Did not disclose
National Education (IDAPP)
www.nationaleducation.com Did not disclose
Navy Federal Credit Union
www.navyfcu.org Military personnel
Nellie Mae
www.nelliemae.com Schools nationwide
Nelnet
www.nelnet.net Schools nationwide
New Hampshire HE Loan Corp New Hampshire
www.nhheaf.org schools
NorthStar Total Higher Education
www.northstar.org N/A
NowLoan$ US schools w/osteopathic
www.nowloans.org med, MA, PT, OT programs
PNC Bank
www.eduloans.pncbank.com N/A
Sallie Mae
www.salliemae.com EDMC; UCLA; USC
SLND-Bank of North Dakota 11 ND U system schools,
www.mystudentloanonline.com 2 ND private schools
smartFUNDS
www.smartfunds.net N/A
South Carolina Student Loan Corp
www.slc.sc.edu S. Carolina students
Southwest Student Loan Services
www.sssc.com Schools nationwide
Student Loan Funding Resources
www.studentloanfunding.com Ohio schools
StaffordLoan.com
www.staffordLoan.com Students nationwide
SunTrust Education Loans
www.suntrusteducation.com N/A
TCF Bank Serves clients in MN, IL,
www.tcfbank.com WI, MI, CO and IN
The College Board
www.collegeboard.com Students nationwide
US Education Finance Corporation
www.usefc.com N/A
U.S. Bank
www.usbank.com/studentloans N/A
Vermont Student Assistance Corp
www.vsac.org Vermont schools
Washington Mutual Washington State U; Gon-
www.wamu.com zaga U; Pacific Lutheran U
Wells Fargo
www.wellsfargo.com N/A
NOTE: Interest rates are set by Congress and vary annually based
on 91-day Treasury Bills, plus 1.7 percent during school. All lenders
offer the same rate for the Stafford Loan, although some give
discounts for on-time and electronic payment of the loan after
graduation. Stafford loans disbursed between July 1, 2002, and
une 30, 2003, receive an in-school interest rate of 3.46 percent,
as well as in grace and deferment periods. During all other periods,
the interest rate is 4.06 percent. Information was provided by
lending institutions. Please send corrections to
editorial@universitybusiness.com.
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