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FFELP STAFFORD LOANS

This lender list was determined by a committee which chose these lenders based on benefits for the students. Due to recent federal legislation, the benefits are identical at the present time. These lenders have a history of lending to CMA students.

Recent legislation demands that the following take place for all FFELP loans:

  • All of these lenders except for Bank of America have .25% interest rate reduction for auto-debit on repayment of the loans. Bank of America has .25% interest rate reduction based on having a Bank of America account.
  • All of the lenders charge 1% in Origination Fee;

        the guarantor charges 1% default fee.

  • This means that 2% will be deducted from all borrowed amounts before the funds arrive at Cal Maritime.

Please contact the Financial Aid Office if you would like a lender not on this list.

Apply for Stafford Loans on the Stafford Loan Reply Sheet.

 

 

Bank of America

Lender Code: 824421

Student Loan Originations

PO Box 7987

Madison, WI 53707-7987

 

Chase Education Finance

Lender Code: 803000

1 East Ohio Street, 14th Floor

Indianapolis, IN 46277

 

U.S. Bank

Lender Code: 827269

PO Box 2710

Spokane, WA 99220-2710

 

All Student Loan

Lender Code: 833752
6701 Center Dr. West, Suite 500
Los Angeles, CA 90045

 

FFELP PLUS (Parent) Loans

Parents: For first-time borrowers with any lender, please visit lender's website to complete and sign PLUS Loan Master Promissory Note electronically. This is a list of lenders with which Cal Maritime is confident your borrowing experience should be excellent. Please remember, you may choose other lenders for your FFELP Parent PLUS Loan.

These lenders have a history with Cal Maritime.

 

 

U.S. Bank

Lender Code:  827269

PO Box 2710

Spokane, WA 99220-2710



Bank of America

Lender Code: 824421

PO Box 7987

Madison, WI 53707-7987

 

ALL Student Loan

Lender Code: 833752
6701 Center Dr. West, Suite 500

Los Angeles, CA 90045



 

Chase Education Finance

Lender Code: 803000

1 East Ohio Street, 14th Floor

Indianapolis, IN 46277

 

 

 

 
 

 

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