Office of Financial Aid

Choosing a Lender

If you accept a Federal Stafford Loan, you must choose a lender that participates in the Stafford program. Please choose your lender carefully. Your choice of lender can impact the amount you will repay, usually due to disparities in repayment benefits. Lenders typically sell the loans for servicing during repayment. Certain companies have made it a point to try to compete and excel in servicing student loans, and as a result have made different benefits available to borrowers. These benefits may include interest rate reductions and origination fee reimbursements, and are usually received if you authorize automatic payment methods and if you make on-time payments for a specified period of time.

Lender Websites

UHEAA: www.uheaa.org

Access Group: www.accessgroup.org