Central Christian College - Prefered Lender List

2008-2009 CCC Prefered Lender List

Steps to borrowing a Stafford, PLUS or Private Alternative Loan

1) Sign an award letter, accepting the loan awarded from the Central Christian College Financial Aid Office. This step must be completed every year.

2) Complete Entrance Loan Counseling. (stafford loan borrowers only) Click to complete it now!

3) Select any lender who participates in the FFELP program or choose one of the following FFELP lenders on our Prefered Lender List. You are not required to choose a lender from this list. Make sure to compare fee's, service, and borrower benefits as you select your lender. You need to be aware that origination fee's (charged by the lender), default fee's (charged by the guarentee agency), and repayment benefits (given by the servicer) may be different for each lender.

4) Click Apply Now below and complete the MPN (Master Promisary Note) on your chosen lenders' website. Please complete all required fields and do not forget to sign it. You may need to create a user name and password on their website that you can use to manage your loans during and after school when you are in repayment. You may need the following information to complete your application.

2 References with Address/Phone	-	Both references must have different addresses
Social Security Number		For dependant students: 1st reference should be one of your parents
Driver License Number
Student's Pin Number from FAFSA	-	Your Pin # can be used to sign the MPN
Loan Period Dates for 2008-2009	-	9/3/2008 - 5/21/2009

5) Once your MPN is complete with the lender then the Financial Aid office at CCC will certify your loan and make it ready for disbursement for your terms of attendance.

Choose your Lender...

What type of loan would you like to borrow?

Stafford Loan
PLUS - Parent Loan
Private Alternative Loan

Stafford Entrance Loan Counseling

Every Stafford Loan borrower is required to complete Stafford Entrance Loan Counseling. Click here to get started

Stafford Loans		2008-2009 Interest Rates	6.0% for Subsidized 6.8% for Unsubsidized
Choose from one of the following lenders. For more information regarding up-to-date loan fee's, borrow benefits, and servicing, please contact the lender.

Stafford Loan Lenders	Lender Code	Loan Fees	Servicer & Borrower Benefits	Apply on Lender's Website

	824421	2%	Great Lakes Educational Loan Services - Maddison, WI 1-888-839-8309 No borrower benefits are offered at this time

	803000	1%	US Department of Education 0.25% interest rate reduction for borrowers who enroll in an auto-debit ACH repayment program 2008-2009 Chase Loan Info

	833669	1%	Nelnet Service Center - Lincoln, NE 1-877-804-3603 0.25% interest rate reduction for making payments using auto-debit

	802218	1%	Sallie Mae Loan credit equal to 4% of the monthly payment amount of first 12 payments

	804609	1%	US Bank Student Loan Center - Spokane, WA 0.25% interest rate reduction to borrowers who sign-up for automatic payments.

PLUS Loans (Parent Loans)		2008-2009 Interest Rates	8.5%
Choose from one of the following lenders. For more information regarding up-to-date loan fee's, borrow benefits, and servicing, please contact the lender.

PLUS Loan Lenders	Lender Code	Loan Fees	Servicer & Borrower Benefits	Apply on Lender's Website

	824421	4%	Great Lakes Educational Loan Services - Maddison, WI 1-888-839-8309 No borrower benefits are offered at this time

	803000	3%	US Department of Education 0.25% interest rate reduction for borrowers who enroll in an auto-debit ACH repayment program 2008-2009 Chase Loan Info

	833669	3%	Nelnet Service Center - Lincoln, NE 1-877-804-3603 0.25% interest rate reduction for making payments using auto-debit

	802218	3%	Sallie Mae Loan credit equal to 4% of the monthly payment amount of first 12 payments

	804609	3%	US Bank Student Loan Center - Lawrence, KS 0.25% interest rate reduction to borrowers who sign-up for automatic payments.

Private Alternative Loans		2008-2009 Interest Rates	Varies
Choose from one of the following lenders. For more information regarding up-to-date loan fee's, borrow benefits, and servicing, please contact the lender.

Private Alternative Loan Lenders	Lender Code	Loan Fees	Servicer & Borrower Benefits	Apply on Lender's Website

	824421	0%	AES - Pennsylvania

	803000	0%	Chase

	833669	0%	AES - Pennsylvania

	802218	0%	Sallie Mae

Lender criteria for placement on this list was based on borrower customer service in repayment, borrower benefits in repayment, diversification of lended choices, and smooth processing for the borrower and the school.

Do you have questions? Email Mike at Mike.Reimer@centralchristian.edu