Click on other tabs above for Stafford, Parent PLUS, and Alternative Loans.
The lenders listed on this Web page are frequently used by our Grad PLUS Loan borrowers. These lenders provide excellent benefits and an efficient application process. Additionally, they disburse funds electronically to Slippery Rock University, which allows us to post funds directly to your account.
We provide this list as a guide to you; however, you are free to choose another lender without penalty. If you choose another lender, please inform us so that we may process your loan. If you are considering a lender from our list, we encourage you to look at all the lender information presented for each lender.
Postponed payments for up to five years while student is enrolled at least half-time (borrower must request forbearance annually)
Free on-line account access available 24 hours a day
With our special PLUS services, we offer instant approval notifications, assist with credit issues during the application process, and provide immediate repayment options.
.25% interest rate reduction for automatic debit from ANY bank account
Pre-approval in seconds either on-line or over the phone
Full deferment eligibility
Endorsers accepted
Second look credit review is available
Easy Online application
E-signature available
"Live" customer service representative is available
PNC Bank reserves the right to modify the discount terms of this program at any time without notice
1 Savings programs effective for Grad PLUS loans first disbursed on or after 7/1/08. An origination fee of 3% and a default fee of 1% will be calculated based on, and deducted from, each disbursement. Borrowers must make all payments as scheduled and maintain enrollment in automatic debit to keep the rate reduction in effect.
2 Interest will accrue during each approved 12-month forbearance period and will be capitalized (added to the loan balance) at the end of each forbearance period. Borrowers must meet certain eligibility requirements in order to request forbearance.
SunTrust Bank may sell your Stafford, PLUS or Grad PLUS Loan to the U.S. Department of Education or to another education loan provider. The interest rate and term of the loan will not change if your loan is sold.
SunTrust does not currently sell its Academic Answer private loans.
Brochures containing additional information on lenders are available in the Student Financial Aid Office.
Check with the lender for details and conditions regarding eligibility for special benefits or incentives.
The information on this Web page was gathered on behalf of the Financial Aid Office at Slippery Rock University and is believed to be correct as of this posting, but this information is not warranted and is subject to change without notice.
