Welcome to the Stafford Loan Page for Piedmont Baptist College and Graduate School

The Financial Aid Office at Piedmont Baptist College and Graduate School 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 frequency of particular lenders used by our students. Students have the right to choose any lender that participates in the Federal Stafford 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 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. If you choose a lender that is not on our list, you will need to contact your lender to find out if they are willing to make a Stafford loan available to you.

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

• No origination fee
• Waiver of 1% Federal default fee
• Immediate 1% reduction of your interest rate for on-time payments once repayment begins*
• 1.5% interest rate reduction for making payments by automatic draft and selecting electronic payments**

The on-time benefit starts immediately at repayment and allows you a full year to get on track. The automatic on-time benefit will be cancelled retroactively for any Stafford or PLUS Loan borrower who reaches 210 days past due during the first year of repayment without making a payment or taking any other preventative action to avoid default. A PLUS Loan borrower who reaches 210 days past due at any time during repayment will also be held responsible for repayment of any credits previously applied under the North Carolina Advantage.

The automatic draft and electronic statement benefit for a Stafford or PLUS Loan borrower will be cancelled in the event a total of three automatic drafts are rejected for insufficient funds.

Effective for loans guaranteed on or after June 9, 2008

• 0.25% Interest Rate Reduction for automatic debit

Effective for loans guaranteed on or after June 9, 2008

• 0.25% Interest Rate Reduction for automatic debit

• 0.25% interest rate reduction for ACH 
• No pre-payment penalties
• Flexible repayment options 
• Free “Money Smart” financial literacy program on line 
• Free Checking, Savings, ATM cards