Stafford Loans

Welcome to the Stafford Loan page for Kendall College. Please read and follow all instructions.

Choosing a Stafford Loan Lender is an important part of the financial aid process. Borrowers often ask our financial aid advisors for help in selecting a reliable lender. We encourage all borrowers to research lenders by visiting their websites and contacting them directly for more information regarding their products and services. Below is a listing of Stafford Loan Lenders who are leaders in the education loan industry. Students are not required to use any of the lenders listed below.

Complete the Application Process

When you decide on a lender from the list below, click on the lender's name to proceed to the next step to complete the on-line application process.

	833067	Effective for loans guaranteed on or after June 9, 2008:  0.25% Interest Rate Reduction for automatic debit
	824421	Effective November 1, 2008, Bank of America will cease offering borrower benefits on FFEL Loans.
	803000	Effective for loans with a guarantee date on or after June 1, 2008: 1% Origination Fee 0.25% interest rate reduction for borrowers in repayment who have enrolled in and make payments through an auto-debit/ACH repayment program.
	831453	0% federal default fee with ECMC guarantee 0.25% interest rate reduction with auto-debit from any bank account Unsubsidized interest capitalized only once at repayment, saving you money Fast and easy online application and e-sign process Text chat via Edlive with dedicated customer service reps One point of contact for life-of-loan servicing Combined billing available for repayment simplicity 24/7 online account access 20 years of experience and a top-ten nationwide lender
	808780	0% Default Fee 0.25 percentage point interest rate reduction with auto-debt Deferred repayment Combined billing for Sallie Mae serviced loans 24x7, online account access

The information in this list has been provided by each lender and is subject to change at any time. Accordingly, neither ECMC nor the school can verify the accuracy of the information or how current it may be.

The Financial Aid Office at Kendall College has selected a diverse list of lenders that offer the highest level of service and other benefits for our students. We selected lenders for this list based on a number of considerations which include ease of processing, borrower benefits, customer service and whether or not the lender sells its loans. Students have the right to choose any lender that participates in the federal student loan program and we are required to accommodate the student if he/she chooses a lender not on our list. However, we feel that a suggested list is a helpful tool for students because the Financial Aid Office has selected these lenders after careful consideration of a number of lenders, and believes they will service our students with excellence during all stages of the student loan process. If you would prefer to use a lender who is not on our lender list, please:

1. Print a blank Stafford Loan Master Promissory Note online at http://www.ecmc.org/esign/images/staff.pdf , complete it, and mail it to the Financial Aid Office.

2. Complete a Stafford Loan Entrance Counseling session. Please access this session online at http://mapping-your-future.org/ .