Preferred Lenders List for Stafford Loans

Please note the student may choose any eligible lender and the University will process the student's request. The University Preferred Lenders list is reviewed quarterly, to include lenders that offer additional borrower benefits, have exceptional operating standards, possess technology wherewithal, and are committed to providing outstanding service and expedited processing by meeting or exceeding established performance standards. For additional information on method and criteria for selecting a preferred lender, please click here.

Lender:	Bank of America (888) 875-0024 Lender Code: 831495	Citibank (800) 967-2400 Lender Code: 826878	Fifth Third Bank (888) 777-9959 Lender Code: 808780	Nelnet (888) 486-4722 Lender Code: 833669	Sallie Mae® Education Trust (888) 777-9959 Lender Code: 802218	Wachovia (800) 338-2243 Lender Code: 830005	Wells Fargo (800) 658-3567 Lender Code: 807176
Guarantor:	EdFund	Educational Credit Management Corporation	USA Funds	College Assist	USA Funds	Texas Guaranteed Student Loan Corporation	EdFund
Servicer:	ACS	Citibank	Sallie Mae®	Nelnet	Sallie Mae®	ACS	Wells Fargo
Preferred Lender Affiliations	None	None	Sallie Mae®	None	Fifth Third Bank	Wells Fargo	Wachovia
Federal Default Fee	1%	1%	0.50%	0.50%	0.50%	0%	1%
Origination Fee	0.50%	1%	0.50%	0.50%	0.50%	0.50%	0.50%
Total Fee if Amount Borrowed is $10,000:	$150	$200	$100	$100	$100	$50	$50
ACH	None	0.25% interest rate reduction for payments automatically deducted from a bank account	0.25% interest rate reduction for ACH automatic payment	0.25% interest rate reduction for ACH automatic payment	0.25% interest rate reduction for ACH automatic payment	None	None
Electronic Statements Required		Yes	No		No
The lender reserves the right to modify, extend, or discontinue these benefits at any time without notice. Borrower benefits may be terminated in the event of a default or failure to meet qualification criteria.