University of North Carolina - Pembroke
Please select a lender from our list of recommended lenders below for your Federal Stafford Loan. The following lenders disburse funds electronically to our school. This allows funds to be posted directly to your account. Choose a lender below and select the apply now option to complete your Federal Stafford Loan Master Promissory Note (MPN).

Lender Info
Interest
Rate
Special Ways You Can Save
Select
College Foundation, Inc
Lender Code: 807037
888.CFI.6400
6.80
No origination or default fees

Interest rate reduction of 0.25% if you make monthly payments by automatic draft

Citibank
Lender Code: 826878
800.967.2400
6.80%
0.25% interest rate reduction when you enroll in auto-debit payment program and agree to receive only electronic statements

Federal Default Fee as low as 0.00% depending on the guarantor of the loan

Make no payments while in school

Free student checking account and online banking

Financial Education: at http://students.usecreditwisely.com

ThankYouŽ Network: points for everyday banking can be used to pay down a student loan
SunTrust Education Loans
Lender Code: 819873
800.552.3006
6.80%
Stafford Savings with SunTrust:1

ZERO Default Fees2

0.25% Interest Rate Reduction for auto debit payments3

Easy on-line application

E-signature available


1 Savings programs effective for Stafford loans first disbursed on or after 6/9/08. Effective 7/1/09, an origination fee of 0.50% 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 rate reduction in effect.

2 New Stafford loans guaranteed through Education Credit Management Corporation (ECMC)before July 1, 2009 will not be charged the 1% default fee.

3 Borrowers must make all payments as scheduled and maintain enrollment in automatic debit to keep the rate reduction in effect.

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.

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.


The information on this Web page was gathered on behalf of the Financial Aid Office at University of North Carolina - Pembroke and is believed to be correct as of this posting, but this information is not warranted and is subject to change without notice.