FFELP STAFFORD LOANS
These lenders are lenders Cal Maritime has worked with and the benefits are virtually identical at the present time due to new federal legislation.
New legislation demands that the following take place for all FFELP loans:
- All of these lenders have .25% interest rate reduction for auto-debit on repayment of the loans.
- All of the lenders charge 1% in Origination Fee;
the guarantor may charge 1% default fee.
- This means that 1% or 2% will be deducted from all borrowed amounts before the funds arrive at Cal Maritime.
Please click on the lender name to apply.
Students: PLEASE DO NOT COMPLETE A
MASTER PROMISSORY NOTE UNTIL DIRECTED TO
IN AN E-MAIL OR LETTER FROM ED FUND.
Bank of America
Lender Code: 824421
Student Loan Originations
PO Box 7987
Madison, WI 53707-7987
- 0% Default (Guarantor) Fee with Ed Fund
Chase Education Finance
Lender Code: 803000
1 East Ohio Street, 14th Floor
Indianapolis, IN 46277
- 0% Default (Guarantor) Fee with Ed Fund
U.S. Bank
Lender Code: 827269
PO Box 2710
Spokane, WA 99220-2710
- 0% Default (Guarantor) Fee with Ed Fund.
All Student Loan
Lender Code: 833752
6701 Center Dr. West, Suite 500
Los Angeles, CA 90045
- 1% Default (Guarantor) Fee is charged.
- Life of Loan Servicing.
- Not-for-profit Lender
|
