School Lender List for Thaddeus Stevens College of Technology

Thaddeus Stevens College of Technology

Before you apply for a Private loan, you should first consider all aid alternatives including grants, scholarships and federal loans (Stafford, PLUS, and Grad PLUS).

The lenders listed on this Web page are frequently used by our Private Loan students. These lenders provide multiple benefits and an efficient application process. Additionally, they disburse funds electronically to Thaddeus Stevens College of Technology, 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 as soon as possible. Prior to choosing a lender, we encourage you to review all possible options. If you decide to choose a lender from this list, simply click on the corresponding "Apply Now" button to complete your Private Loan Application.

	Lender		Loan Features		Select

	PNC Resource Loan 800.762.1001 www.pnconcampus.com		0 fees available .25% interest rate reduction for auto debit from ANY bank Co-signer release available after making initial 48 payments on-time Can be used to cover past due balances – no time limit! No check for satisfactory academic progress Easy Online Application E-signature available Life of loan servicing (combined with Federal loans)

	Sallie Mae Signature Loan 888.272.5543 www.salliemae.com		TBD...

	The StuFund Solutions Loan 877.788.4770 www.stufund.com		Rates as low as Prime - .50% (up to Prime + 3.25%) No Fees (regardless of credit tier) On-Line Application Instant credit decision .25% Interest rate reduction for auto- repay No payment while in school 36 month co-signor release On-Line account management

	Academic Answer^®by SunTrust 800.552.3006 suntrusteducation.com/ academicanswer		Competitive interest rates starting as low as 1-month LIBOR Index + 2.50%, currently 4.5326% APR¹ No origination fees² Satisfactory Academic Progress not required; Enrollment in degree or certificate program not required Borrow up to the total Cost of Attendance, minus other aid received up to an aggregate of $225,000 (includes both undergraduate and graduate loan limits) Minimum loan amount is $1,001 Interest is capitalized once only while the loan is in deferment Flexible repayment options allows to choose between immediate repayment, deferring principal repayment, or deferring principal and interest repayment Six-month grace period after graduating or dropping below half-time enrollment Generous repayment terms 0.25% interest rate reduction for enrolling in automatic payments³ Graduation Reward- $300 Principal Reduction per loan with proof of graduation May apply for cosigner release after making 48 initial, consecutive principal and interest payments on-time⁴ Combined billing offered with most federal student loans Forbearance options available after graduating or leaving school No prepayment penalty Qualifies for repayment through UPromise Program

	Campus Door 800.786.0002 www.campusdoor.com/studentloan		Effective May 1,2008: Interest Rate –Prime minus 0.50% to Prime + 7.9%, based on credit and cosigner presence Origination fee is 0% to 9 % based on credit Satisfactory Academic Progress is required; Available for non-degree-seeking students Borrow up to the total Cost of Attendance, minus other aid received up to an aggregate of $250,000 (includes both undergraduate and graduate loan limits) Minimum loan amount is $500 Repayment options allows to choose between deferring principal repayment, or deferring principal and interest repayment Interest is capitalized once at repayment Twelve-month grace period after graduating. Six-month grace period after dropping below half-time enrollment or leaving school Repayment period up to 25 years 0.50% interest rate reduction for enrolling in automatic debit payments 0.50% interest rate reduction after borrower makes 48 consecutive on time payments May apply for cosigner release after making 36 initial, consecutive on-time payments Combined billing offered with most federal student loans Forbearance options available after graduating or leaving school No prepayment penalty Qualifies for repayment through UPromise Program


	¹ LIBOR stands for London Interbank Offered Rate. The one-month LIBOR is the Current Index, as published in the "Money Rates" section of the Wall Street Journal (Eastern Edition). Your variable interest rate and Annual Percentage Rate (APR) may be higher depending upon your credit history and will increase or decrease if the one-month LIBOR index changes. Your variable interest rate is calculated by adding the current one-month LIBOR index (captured on the 25th business day of each month and rounded up to the nearest 1/8th of one percent) to your margin. The current one-month LIBOR index was 2.500% on 6/1/08. This APR example assumes a $10,000 undergraduate, cosigned, loan disbursed over two transactions with a deferment period of 45 months upon initial disbursement and a six month grace period upon graduation, a 25 year repayment term with no repayment finance charge, and a 2.50% margin. Margins can range from 2% to 8% (depending whether you are an undergraduate or graduate, if the loan is co-signed and upon your or your cosigner's credit history) and repayment finance charges can range from 0% to 5.5% (depending upon your or your cosigner's credit history). ² A repayment finance charge may apply based on your or your cosigner's credit history. ³ The 0.25% rate reduction is available to borrowers who arrange with their servicer to automatically deduct monthly payments from their personal bank account. Savings programs are effective for all loans disbursed on or after October 13, 2006. ⁴ Borrowers must meet credit guidelines at the time the cosigner release is requested. 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 Thaddeus Stevens College of Technology and is believed to be correct as of this posting, but this information is not warranted and is subject to change without notice.