BLINN HOME BRENHAM BRYAN SCHULENBURG SEALY
Blinn College since 1883


Page updated: August 25, 2008

2008-2009 Federal Stafford Lender List Comparative Chart

Lender Name

Lender Code

Servicer

Interest Rates

Origination Fees

Repayment Terms

Other Benefits

Aggieland Credit Union
877-462-4443, ext. 4

830445

Aggieland Credit Union

0% Default Fee

Auto Debit Discount = .25% interest rate reduction for choosing auto debit
Early Loan Forgiveness (ELF) = Up to the final 10% of the original principal balance is forgiven, not to exceed $1,000

 

Bank of America
800-835-0177

832733

ACS

 

0% Default Fees

.25% interest rate reduction after one on time payment with a checking or savings account with Bank of America. Preferred Process is required.

 

Compass Bank
800-366-4372

828078

Higher Education Servicing Corporation (HESC)

 

0% Default Fee

Auto Debit Discount = .25% interest rate reduction for choosing auto debit
Early Loan Forgiveness (ELF) = Up to the final 10% of the original principal balance is forgiven, not to exceed $1,000

 

EdAmerica
888-337-6884

831453

Edfinancial Services

0.25% interest rate reduction with ACH payments

0% Origination and 0% Default Fees

 

 

First National Bank Texas
877-768-0001

810815

Higher Education Servicing Corporation (HESC)

 

0% Default Fee

Auto Debit Discount = 0.25% interest rate reduction for choosing auto debit
Early Loan Forgiveness (ELF) = Up to the final 10% of the original principal balance is forgiven, not to exceed $1,000

 

Franklin Bank / First National Bank of Bryan
800-949-6371

821359

COSTEP

0.25% interest rate reduction with ACH payments

0% Default Fee

0.25 interest rate reduction for ACH

 

PNC Bank
800-835-0177

809921

ACS

0.30% interest rate rduction for ACH payments

0% upfront fees.

0.30% interest rate reduction for ACH at repayment

Free Student Banking, appointments are available for the student and parents to discuss their needs for educational funding

SallieMae Education Trust
888-272-5543

802218

SallieMae

.25% interest rate reduction for ACH payments

0% Default Fee

0.25% interest rate reduction for ACH at repayment (see website for more details)

 

Wells Fargo
800-658-3567

807176

Wells Fargo

 

0% Default Fee

Wells Fargo Student Graduation BenefitSM program interest rate reduction of 0.50% at repayment upon verification of graduation • A 0.25% interest rate reduction when Wells Fargo automatically withdraws payments from a personal checking or savings account any time during repayment. Repayment options if borrowers need to postpone or temporarily lower payments.

 

 

 

 

 

 

 

 

 

 

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