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Grad PLUS Loan

Grad PLUS Loan Lenders
Please Note: Borrowers have the right and ability to select the education loan provider of their choice, are not required to use any of the lenders on this suggested lender list, and will suffer no penalty for choosing a lender that is not on this suggested lender list.

The following is our Grad PLUS Preferred Lender List. This list of established lenders has been provided to assist you with choosing a lender. These lenders have been chosen by our institution because of their superior customer service and borrower benefits. However, you may choose a lender that is not listed. For more information, please visit the specific lender’s website. To apply, click on the Apply Now link; this will take you to the New York State Higher Education Services Corporation (HESC) website where you can complete the electronic Master Promissory Note (e-MPN). IMPORTANT: You must complete the FAFSA at www.fafsa.ed.gov to receive a Grad PLUS Loan.

Manage Your Loans
Retain copies of all your loan documents and record any payments you might make.

LENDER INFORMATION
BORROWER BENEFITS
Bank of America
1.800.835.1161
Lender Code: 831495
Apply Now
0.25%  interest rate reduction after the first on-time payment for Bank of America checking or savings customers
Once earned, the interest rate reduction remains for the life of the loan.
Auto-debit payments are not required.
Chase Bank
1.888-487-4404
Lender Code: 803000
Apply Now
0.25% automatic interest rate reduction at repayment, valid for remainder of loan term
Citibank
1.800.967.2400
Lender Code: 826878
Apply Now
Earn 0.50% interest rate reduction at repayment
Earn 0.25% interest rate reduction with auto-deduct
Effective January 1, 2008
Citizens Bank
1.800.708.6684
Lender Code: 807745
Apply Now
Earn 0.70% interest rate reduction with auto-deduct
1.00% loan credit after making the first 12 monthly payments as initially scheduled
Edamerica
1.800.337.1009
Lender Code: 831453
Apply Now
0.25% interest rate reduction with auto-debit
Key Bank
(800) 539-5363
Lender Code: 811025
Apply Now
1.00% interest rate reduction for direct debit of payments
Nellie Mae
1.877.332.7028
Lender Code: 829076
Apply Now
0.70% percentage point rate reduction for auto-debit
Loan credit equal to 1% of the monthly payment amount of first 12 payments
PNC Bank
1.800.762.1001
Lender Code: 809921
Apply Now
0.60% interest rate reduction at repayment
0.30% interest rate reduction with auto deduct
Sallie Mae Education Trust
1.888.272.5543
Lender Code: 802218
Apply Now
0.70% percentage point rate reduction for auto-debit
Loan credit equal to 1% of the monthly payment amount of first 12 payments
Other Lender
If you wish to borrow with a lender not listed above, please apply here.
Apply now
n/a
 

 

updated 3/26/08

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