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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
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.

Please check borrowers' benefits with the lender.

 

 

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

 

 

 

 
 

 

© 2004 California Maritime Academy