Slippery Rock University
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The lenders listed on this Web page are frequently used by our 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 child's 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 child's loan. If you are considering a lender from our list, we encourage you to look at all the lender information presented for each lender. If you decide to choose a lender from this list, click on the corresponding "Apply Now" button to complete your Federal PLUS Loan Master Promissory Note (MPN).

Lender Info
Interest
Rate
Special Ways You Can Save
Select
Wachovia
Lender Code: 813830
877.689.0763
www.wachovia.com/education
8.50
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.
Citizens Bank
Lender Code: 833880
800.708.6684
www.citizensbank.com/edu
8.50
0.25% interest rate reduction for automatic payment deduction from any bank account

Defer payments while your dependent, undergraduate child is enrolled in school at least half-time
Edamerica
Lender Code: 831453
800.337.1009
www.edamerica.net
8.50
0.25% interest rate reduction for auto-debit with continuous on-time payments

Full deferment of payments while in school at least half time

1% Default fee with AES/PHEAA

If denied, a "second look" can be requested

Benefits guaranteed for the life of the loan
National City Bank
Lender Code: 810148
800.622.5097
www.studentlender.com
8.50
0.25% interest rate reduction for payments automatically deducted from any bank
PNC
Lender Code: 809921
800.762.1001
www.pnconcampus.com
8.50
.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
SunTrust Education Loans
Lender Code: 811304
800.552.3006
suntrusteducation.com
8.50
0.25% Interest Rate Reduction for auto debit payments

KeystoneBESTSM savings!1

Parent PLUS Loan borrowers having trouble making payments can request that their loan payments be postponed for up to five years, including while their student is enrolled in school2

Life of loan servicing (combined with private loans)

E-signature available

Participates in the Grad Gold student loan rebate program

1 Savings programs effective for Parent 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.