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Federal Stafford Loans:

SIUE participates in both the Federal Family Education Loan Program (FFELP) and the William D. Ford Direct Loan Program.

If this is your first time borrowing a Federal Stafford Loan, you are required to complete an online Entrance Loan Counseling session before your loan can be disbursed. Visit Mapping Your Future by clicking here or on the icon to the right.


If you are graduating from SIUE - CONGRATULATIONS! Should you have Federal Stafford Loans, we highly encourage you to take part in the online Exit Loan Counseling session. It will not take long to complete the session and in return you will receive valuable information about managing the repayment of your loan.
Entrance Counseling

   Exit Counseling

SIUE has a list of commonly used lenders for you to consider. These lenders were chosen for their good service to our students and their great repayment benefits.  We will, however, process any loan application from any lender the student chooses; students and parents are ALWAYS allowed to choose their own lender.

To apply, please select ONE lender from the list below:


Stafford Loan Lender List (subsidized and unsubsidized)


National Education >> Lender Code 834378 >> 1-800-345-4325

  • 0.25% interest rate reduction for automatic account withdrawal
  • 0% to 1% default fees based on guarantor
  • Fast online loan application process
  • Online account access 24/7
  • No payments required while enrolled in school at least half-time
  • 6-month grace period before payments begin
  • Exceptional personal customer service
  • Choice of repayment plans to fit your budget
  • No prepayment penalties
  • Postpone payments with deferment and forbearance options
  • Combined billing when National Education is your servicer for multiple student loans
  • Student loans are our only business! We've been in business since 1988.
        Apply Now!

     


Citibank » Lender Code 826878 » 1-800-967-2400

              

  • 0.25% interest rate reduction with auto-debit
  • Combined billing available
  • Globally recognized brand with over 50 years student lending experience
  • deferment and forbearance options available
  • Fast online application process
  • Flexible repayment options
  • 6 months grace period before repayment begins
Apply Now!

    


EdAmerica » Lender Code 831453 » 1-800-337-6884

  • 0% to 1% default fees based on guarantor
  • 0.25% interest rate deduction for auto-debit
  • Online access 24/7
  • No payments required while enrolled in school at least half time
  • 6 month grace period before payment begins
  • no prepayment penalties
  • postpone payments with deferment and forbearance options
  • Flexible repayment options
  • 20 years of expertise concentrating solely on student loans
Apply Now!

    



National City now a part of PNC » Lender Code 809921 » 1-800-762-1001

  • 0.25% interest rate reduction for automatic account withdrawal
  • 0% to 1% default fees based on guarantor
  • Fast online loan application process
  • Online account access 24/7
  • No payments required while enrolled in school at least half-time
  • 6 month grace period before payment begins
  • Exceptional personal customer service
  • Choice of repayment plans to fit your budget
  • No prepayment penalties
  • Postpone payments with deferment and forbearance options
Apply Now!


All loans require at least half-time enrollment (5 hours for graduate students, 6 hours for undergraduate students) in ALL terms:  Fall, Spring, AND Summer. This enrollment requirement must be maintained through the end of the 100% refund period for each term.

 * Students and parents are always allowed to choose their lender.





© 2009, SIUE | http://www.siue.edu/financialaid/loans/stafford_loan.shtml | Last modified on 11/05/09 10:05:13