Blue Ridge Community College

Blue Ridge Community College provides student loan borrowers with a list of recommended Stafford and PLUS Loan lenders. These lenders have established themselves as quality institutions based upon efficiency in loan origination, responsiveness to questions, quality of servicing, and long-term participation and commitment in the federal loan program. The basic provisions for loans offered by these suggested lenders are consistent with all federally insured educational loans. In addition, these recommended lenders participate in BRCC's electronic application and fund transfer process. This participation provides a superior service in terms of processing and delivery of funds. Although the College provides a suggested lender list, borrowers are free to choose any lender participating in the Federal Family Education Loan Program. Visit www.ecmc.org/student/participating_lenders.html to view an up to date listing of participating lenders and their repayment incentives

*To proceed with one of the lenders below, please click on the lender name to continue.

If you do not wish to borrow funds from one of the lenders listed below. Please click here to complete our loan request form where you will be able to list the lender of your choice.

How did BRCC develop their recommended lender list? Scroll down to page two of the Loan Request Form.

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

Origination Fee 3%

SunTrust Education Loans

819873

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

Origination Fee 3%

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)

Origination Fee 3%

Sallie Mae Education Trust

802218

Effective for loans guaranteed on or after June 9, 2008

0.25% Interest Rate Reduction for automatic debit

Origination Fee 3%

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.

Welcome to the PLUS Loan page for Blue Ridge Community College.