Blue Ridge Community College
students

 


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

Choosing a Lender for your Federal Student Loan

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
  • No pre-payment penalties
  • One point of contact for life-of-loan servicing
  • Flexible repayment options
  • Non-profit funded company
  • 20 years of experience concentrating solely on student loans
Origination Fee 1% for loans disbursed on or after 7/1/08
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 - 6.0% for subsidized undergraduate and 6.8% for unsubsidized
  • 24/7 Online account access
  • No pre-payment penalties
  • Flexible repayment options
Origination Fee 1% for loans disbursed on or after 7/1/08
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
Origination Fee 1% for loans disbursed on or after 7/1/08
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 1% for loans disbursed on or after 7/1/08

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.
Blue Ridge Community College Blue Ridge Community College, Box 80, One College Lane, Weyers Cave, VA 24486
Local Exchanges: (540) 234-9261(540) 213-7002 (540) 943-7002  Other VA Toll Free: (888) 750-2722