Welcome to the PLUS Loan page for Greensboro College.

Students have the right to choose any lender that participates in the federal student loan program and we will process your loan accordingly. The following are recommended lenders and have been included after an extensive review of information provided by numerous lenders. Our review included the following criteria: borrower benefits, customer service; ease of processing and whether or not the lender sells its loans. Student borrowers should carefully compare borrower benefits and determine the best loan for themselves even if a banking relationship does not already exist with the lender.

When you have decided on a lender, click on the name to proceed to the next step:

CFIThis link will open in a new browser window. 807037

Benefits on a PLUS Loan from CFI made on or after October 1, 2008 are:

  • No federal default fee
  • Interest rate reduction of .25% if you make monthly payments by automatic draft
ChaseThis link will open in a new browser window. 803000

Effective for loans with a guarantee date on or after June 1, 2008:

  • 3% 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.
WachoviaThis link will open in a new browser window. 830005

Effective for all loans disbursed on or after July, 1 2008:

  • 0.25% interest rate reduction for ACH
  • Instant credit decisions and credit review when applicable
  • No pre-payment penalties 
  • Parents can postpone repayment until six months after student leaves school 
    (student must be enrolled at least half time)