Eastern Mennonite University

Welcome to the Stafford Loan page for Eastern Mennonite University.

Listed below is EMU′s lender list for federal Stafford loans. After carefully reviewing the features offered by a wide range of lenders, we have chosen the lenders on this list because they offer a superior combination of savings, customer service, and loan processing reliability.

You may select a lender of your choice that is not on this list. Please contact the Financial Assistance Office and we will provide instructions on how to apply for a loan with other lenders that are not listed.

If a student or parent decides to borrow, the EMU Stafford Loan and PLUS Loan Request Form sent with the EMU award letter must be completed and returned to the Financial Assistance Office.

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

Sallie Mae ED Trust	802218	Effective for loans guaranteed on or after June 9, 2008 0.25% Interest Rate Reduction for automatic debit
Wachovia	830005	Effective for all loans disbursed on or after July, 1 2008: 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
SunTrust	820564	Effective for loans disbursed on or after June 9, 2008: 0.25% interest rate reduction for borrowers who sign up for ACH. Easy online application process and e-signature option Fixed Interest Rate - 6.0% for subsidized undergraduate and 6.8% for unsubsidized 24/7 Online account access No pre-payment penalties Flexible repayment options
Park View Federal Credit Union	832203	Effective August 11, 2008: 1% origination fee 0.25% discount on loan rate after 36 on-time payments 0.25% interest rate reduction for automatic debit Online application process and e-signature option Fixed interest rate, no pre-payment penalties and flexible repayment options PVFCU membership required - $25 minimum savings balance