|
Lender |
Benefits |
Application Links |
|
Capital One
Lender Code: 829030
Servicer: Sallie Mae |
- Borrowers can receive a 0% default fee.
- Borrowers can receive a 1.0% interest rate reduction after making 24 on-time monthly payments and an additional 1% interest rate reduction after 48 on-time payments.
- Borrowers can also receive a .25% point interest rate reduction for auto-debit service.
- Borrowers can receive a 1% origination fee rebate at repayment
|
Apply Now |
|
Chase Bank
Lender Code: 805156
Servicer: Sallie Mae |
- Borrowers can receive a 0% default fee.
- Borrowers can receive 0.25% point interest rate reduction for auto debit service.
|
Apply Now |
|
Citibank
Lender Code: 826878
Servicer: Citibank |
- Borrowers can receive a 0% default fee.
- Borrowers can receive a 0.75% automatic interest rate reduction at repayment.
- Borrowers can also receive a 0.50% interest rate reduction for E-Z Pay auto-debit payments.
- Borrowers can receive a zero payment plan the last 6 months when all payments are made on time.
- Borrowers can defer payments up to 48 months while your child is in school.
- Extended repayment plans of up to 25 years are available for PLUS loans with accumulated loan balances in excess of $30,000.
|
Apply Now |
|
Edamerica
Lender Code: 831453
Servicer: EdFinancial |
- Borrowers can receive a 0% default fee.
- Borrowers can receive an immediate 1% interest rate reduction at disbursement for PLUS loans.
- Borrowers can receive a .25% interest rate reduction for auto-debit service for plus loans.
|
Apply Now |
|
Hancock Bank
Lender Code: 806689
Servicer: Education services Foundation |
- Borrowers can receive a 0% default fee.
- Borrowers can receive a 2% interest rate reduction after the first 48 on-time monthly payments.
- Borrowers can also receive 0.25% point interest rate reduction for auto-debit service.
|
Apply Now |
|
Louisiana Education Loan Authority (Lela)
Lender Code: 805113
Servicer: EdFinancial Services |
- Borrowers can receive a 0% default fee.
- Parents can receive a rebate for 6 months interest (over a 4% savings) via loan principal reduction.
- Borrowers can receive a 3% interest rate reduction after making 36 consecutive and timely payments.
- Borrowers can also receive 0.25 percentage point interest rate reduction for auto-debit service.
|
Apply Now |
|
Nellie Mae
Lender Code: 829076
Servicer: Sallie Mae |
- Borrowers can receive a 0% default fee.
- Borrowers can receive .50% interest rate reduction after first on-time payment for parent plus loans.
- Borrowers can receive a 2.4% loan credit based on the original loan at 24 on-time payments for parent plus loans.
|
Apply Now |
|
Nelnet
Lender Code: 833669
Servicer: Nelnet |
- Borrowers can receive 3% interest credit applied 210 days after loan is fully disbursed.
- Borrowers can receive 3.33% reduction of original principal loan balance after making 30 initial, on time payments.
- Borrowers can also receive 0.25 percentage point interest rate reduction for auto-debit service.
|
Apply Now |
|
Regions Bank
Lender Code: 810612
Servicer: Sallie Mae |
- Borrowers can receive a 0% default fee.
- Borrowers can also receive 0.50% point interest rate reduction for auto debit of loan payments from a checking or savings account.
- Borrowers can receive a .50% interest rate reduction after first on-time payment on parent plus loans.
- Borrowers can receive 3% loan credit after first 18 on-time payments for parent plus loans and 1.5% loan credit after first 18 on-time payments for grad plus loans.
|
Apply Now |
|
Sallie Mae Education Trust
Lender Code: 802218
Servicer: Sallie Mae |
- Borrowers can receive a 0% default fee.
- Borrowers can receive a .75% interest rate reduction for auto-debit service for parent plus loans.
- Borrowers can receive a .25% interest rate reduction after first on-time payment for parent plus loans.
- Borrowers can also receive a 1.5% loan credit after making the first 36 payments by due dates according to that schedule.
- Borrowers can also receive a $500 credit on closing costs on a new loan from Sallie Mae Home Loans.
|
Apply Now |
|
Wachovia
Lender Code: 830005
Servicer: Wachovia |
- Borrowers can receive a 1% rebate after the first 12 on-time payments and a 1.5% rebate after the first 24 on-time payments.
- Borrowers can receive a .50% interest rate reduction for auto-debit service.
- Borrowers can receive a 1% rebate at the start of repayment.
|
Apply Now |