Lenders Used by Augustana Students
|
Lender |
Loan |
Phone |
Website |
Anheuser-Busch Employee Credit Union |
Credit Union Student Choice Loan |
1-800-325-9905 |
http://www.abecu.org |
AlaskAdvantage Program |
Alaska Supplemental Education Loan |
1-800-441-2962 |
http://akaadvantage.alaska.gov |
United Southwest Bank |
Brainbucks Alternative Loan |
Website Only |
http://www.frontiernet.net/~uswbank/student.html |
Baxter Credit Union |
Baxter Credit Union Priv. Ed. Loan |
1-866-614-7815 |
https://www.bcu.org |
Boeing Employees Credit Union |
BECU Private Student Loan |
1-800-233-2328 |
http://www.becu.org |
CEFCU |
CEFCU Private Student Loan |
1-800-858-3400 |
https://www.cefcu.com/loans/private-student-loan |
Charter One |
Tru Fit Student Loan |
1-800-721-3969 |
http://charterone.com/trufitstudentloan |
Chase |
Chase Select Private Student Loan |
1-866-306-0868 |
http://www.chaseselectloans.com |
Citi |
CitiAssist Loan |
1-800-STUDENT |
https://www.studentloan.com/citiassist |
CompleteEd Student Loan |
Complete Ed Loan |
1-800-798-1660 |
http://www.completeed.com/psl/home |
cuStudentLoans |
cuScholar Private Student Loan |
1-888-549-9050 |
http://www.cuStudentLoans.org |
Discover |
Discover Student Loan |
1-877-728-3030 |
http://www.discoverstudentloans.com |
Fifth Third Bank |
Smart Option Loan |
1-800-222-7192 |
http://web.53educationlending.com/smart-option.asp |
IH Mississippi Valley Credit Union |
IH Mississippi Valley CU Private Ed |
1-877-344-6085 |
http://www.ihmvcu.studentchoice.org |
International Harvester Employee CU |
Intl Harvester ECU PELOC |
1-800-576-IHCU |
http://ihecu.com |
Iowa Student Loan |
IA Partner Alternative Loan |
1-800-243-7552 |
http://www.studentloan.org |
Motorola Credit Union |
Credit Union Student Choice Loan |
1-877-270-6392 |
http://www.mecunet.org |
National Education |
Smart Option Student Loan |
1-800-345-4325 |
http://www.NationalEd.net |
Bank of North Dakota |
BND Student Loan |
1-800-472-2166 |
http://www.mystudentloanonline.nd.gov |
Nelnet |
Nelnet Alternative Loan |
1-888-486-7422 |
https://www.nelnet.com |
Minnesota Office of Higher Education |
Student Educ. Loan Fund Loan |
1-651-265-7666 |
http://www.ohe.state.mn.us/self/self.cfm |
Motorola Employees Credit Union |
Motorola Employees CU Priv. Ed. Ln. |
1-800-644-2067 |
http://mecu.studentchoice.org |
PNC Bank |
PNC Solution Loan |
1-888-762-2265 |
https://www.pnc.com |
RBS Citizens Bank |
TruFit Student Loan |
1-800-708-6684 |
http://www.citizensbank.com |
Rock Valley Credit Union |
Credit Union Student Choice Loan |
1-877-639-7607 |
http://www.rvfcu.studentchoice.org |
Sallie Mae |
Smart Option Student Loan |
1-888-2-SALLIE |
http://www.salliemae.com/augustana |
Suntrust |
Custom Choice Private Student Ln |
1-866-763-6350 |
http://academicanswer.suntrusteducation.com |
Union Federal Savings Bank |
Union Federal Private Student Loan |
1-866-513-8445 |
http://www.unionfederalstudentloans.com |
Wells Fargo |
Wells Fargo Collegiate Loan |
1-877-437-3029 |
https://www.wellsfargo.com/student |
Wright Patt Credit Union |
Credit Union Student Choice Loan |
1-800-762-0047 |
http://wpcu.coop |
Augustana College does not promote, recommend, or endorse any lender noted above. The college does not have a preferred lender list and has not entered into a preferred lender arrangement with any lender. The chart above consists of a list of all lenders who have made private/alternative loans to Augustana students over the past three years. Augustana College will process private/alternative loans through any lender of your choice; you are not limited to the lenders listed above.
Augustana College strongly encourages students to take advantage of all Federal Direct Stafford Loan options before pursuing a private/alternative loan due to the fixed interest rates and borrower benefits associated with Federal Stafford Loans. Students deciding to obtain a private/alternative loan are encouraged to spend time researching the various options available. Interest rates, terms, fees, benefits to borrowers and repayment schedules can vary greatly among private loans and often are determined by the students' credit rating and whether or not they have a co-signer. Augustana will be notified of loan certification once the loan application is complete with the lender.
Here are a few items to consider when choosing a private/alternative loan:
1) What is the current interest rate of the loan, the highest potential interest rate and how often is the rate
adjusted?
2) What fees are associated with the loan?
3) What is the repayment schedule for the loan and are there any penalties for paying the loan off early?
Although the interest rate is an important factor, we advise you to consider the entire list of borrower benefits when choosing a lender.
