Welcome to the PLUS Loan page for North Carolina Wesleyan College.

Please read and follow all instructions.

The following are preferred lenders for North Carolina Wesleyan College. Parents and students have the right to choose any lender that participates in the federal student loan program and we are required to accommodate the parent or student if he/she chooses a lender not on our list. However, we feel that a preferred list is a helpful tool for students because the Financial Aid Office has investigated and determined that its lenders are top-notch and will service our students with excellence during all stages of the student loan process. The Financial Aid Office at North Carolina Wesleyan College has selected a diverse list of lenders that offer the highest level of service and other benefits for our students. We base our decision on who makes this list on a number of considerations which include: Ease of processing, borrower benefits, customer service and whether or not the lender sells its loans. Student borrowers should carefully compare borrower benefits offered by each lender before making a selection. Choose your lender based on the benefits that are the best fit for you, even if you do not have an existing relationship with that lender.

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

Wachovia 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)

 

Chase 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.
College Foundation Inc. 807037
  • 3% credit of the amount borrowed (in the year following loan disbursement)
  • No Federal default fee
  • 0.75% interest rate reduction for on-time payments as soon as your repayment period starts*
  • 1.25% interest rate reduction for payment by automatic debit and selection of electronic statements

Benefits on loans, once received by a borrower, remain in effect for the life of those loans as long as the borrower continues to meet the associated eligibility requirements. Check CFNC.org for more details on borrower benefits.

*The on-time benefit starts immediately at repayment and allows you a full year to get on track.