School Lender List for Waynesburg University

Waynesburg University

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 Waynesburg 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 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

	Academic Answer^®by SunTrust 800.552.3006 suntrusteducation.com/ academicanswer		Competitive interest rates starting as low as the 1-month LIBOR Index + 2.50%, currently 4.5326% APR¹ No up-front fees - repayment fees may apply based on your or your cosigner's credit history Satisfactory Academic Progress not required; Enrollment in degree or certificate program not required; at least half-time attendance required International students may apply with qualified US cosigner Borrow up to the total Cost of Attendance, minus other aid received up to an aggregrate 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 payments² 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-time³ Combined billing offered with most federal student loans Forbearance options available after graduating or leaving school

	Campus Door 800.786.0002 www.campusdoor.com/studentloan		Effective May 1, 2008: Interest Rate - Prime minus 0.50% to Prime + 6.9% for loans with a cosigner, based on credit Prime minus 0.50% to Prime + 7.9% for loans without a cosigner, based on credit Origination fee is 0% to 9 % based on credit Satisfactory Academic Progress is required; Available for non-degree-seeking students International students may apply with qualified US cosigner 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 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

	Citizens Bank Signature Loan 800.708.6684 www.salliemae.com/signature/citizens		Benefits: Rates range from LIBOR + 2.5% to LIBOR + 9.5% Zero Fees A 0.50 percentage point interest rate reduction with auto debit No income requirement No payments required while in school Cosigner Release available after the first 24 on time payments of principal and interest 6 month grace period Flexible repayment options Services: Upromise® - Rewards service allows members to earn rewards when they shop online, buy gas or groceries, dine out, or purchase other goods and services from more than 500 participating companies Manage Your Loans - online account management tool serves as a borrower’s single source to find information about their education loans

	Key Alternative Loan^® 800.539.5363 www.key.com/alternative		Interest Rate: Cosigned--As low as 3 Month LIBOR +2.49%, but may be up to 3 Month LIBOR + 5.99% Non-cosigned--As low as 3 Month LIBOR + 3.49%, but may be up to 3 Month LIBOR + 6.99% No application, loan or processing fees Minimum loan amount: $500 Annual loan limit: Borrow up to the cost of attendance less other financial aid received Up to 20 years to repay depending on amount borrowed Make no payments for up to 6 months after graduation Cosigner release option available after 48 consecutive on-time monthly payments Applicant must be 17 or older Satisfactory academic progress is not required.


	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 The 0.25% rate reduction is available to borrowers who arrange to automatically deduct monthly payments from their bank account. Savings programs are effective for all loans disbursed on or after October 13, 2006. ³Borrowers must meet credit guidelines at the time the cosigner release is requested. ⁴Approval, interest rates and fees are based on a borrower’s credit score and credit history. Cosigners are not required, but are encouraged in order to obtain the best pricing. ⁵Approval, interest rates and fees are based on a borrower’s credit score and credit history. Cosigners are not required, but are encouraged in order to obtain the best pricing. 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 Waynesburg University and is believed to be correct as of this posting, but this information is not warranted and is subject to change without notice.