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
SunTrust Education Loans
Lender Code: 819873
800.552.3006
www.suntrusteducation.com
6.80%
Stafford Savings with SunTrust:1

ZERO Default Fees2

1.5% Principal Reduction after making the first 12 on-time monthly payments

0.25% Interest Rate Reduction for auto debit payments3

Easy on-line application

E-signature available
Wachovia
Lender Code: 830005
800.338.2243
www.wachovia.com/education
6.80
Overall save up to 7.03% with Wachovia off the original loan amount when you combine subsidized fees with the principal and interest rate reductions

  • Instant 0.5% savings on the federal origination fee

  • Instant 1% savings with zero default fees when using a guarantor that does not charge the fee

  • Automatic 1% principal reduction at disbursement. The benefit is retained when the first 12 month payments are made on time. Late is defined as any payment received 15+ days beyond the payment due date.

  • Benefit Rehabilitation – A borrower who misses one of the first 12 payments can re-earn the principal reduction benefit by completing a financial tutorial and making the remainder of the first 12 payments on time

  • 0.25% interest rate reduction with auto debit payments - The ACH benefit can be turned on or off (repeatedly if applicable) at the borrower’s discretion.
College Foundation, Inc.
Lender Code: 807037
888.234.6400
www.cnfc.org
6.80
No origination or default fees

Immediate interest rate reduction of 1% for on-time payment when repayment starts

Interest rate reduction of 1.5% if you make monthly payments by automatic draft and elect to receive electronic statements

1 Savings programs effective for new Stafford loans guaranteed and/or first disbursed on or after January 1, 2008. An origination fee of 1.5% and a default fee of 1% will be calculated based on, and deducted from, each disbursement.

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.


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.