Hampton University - Financial Aid

Welcome to the PLUS loans page for Hampton University.

Please read and follow instructions carefully.

Since there are over 3,000 eligible lenders, many offering different terms and conditions, choosing a lender can be very confusing. As a service to our student loan borrowers, Hampton University recommends borrowing from one of the following lenders. The Financial Aid Office at HU 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: borrower benefits, customer service and stability in the student loan program. 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 which means they will not only process your loan quickly now but will also willingly work with you throughout the repayment process.

When you have decided on a lender, click on the "Apply Now" button to proceed to the next step.

Edamerica 831453	Effective for loans guaranteed on or after May 15, 2008: 0.25% interest rate reduction for auto-debit with continuous on-time payments Instant credit decision and easy application process online and by phone Parents may postpone payment while student is enrolled at least half time No pre-payment penalties One point of contact for life-of-loan servicing Non-profit funded company 20 years of experience concentrating solely on student loans
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.
SunTrust 811353	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 - 8.25% Option to defer payments while in-school 24/7 Online account access No pre-payment penalties Flexible repayment options

Please note: If you do not wish to select one of our preferred lenders, please click here for a list of additional participating lenders. You will be responsible for the terms and conditions set forth by your lender.

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.