Lender Comparison for Graduate Students

Lender	Lender Type	Real-Time Processing	Life of Loan Ownership*	Life of Loan Servicing**	Stafford Up-Front Fee Deduction	Stafford Repayment Benefits	Graduate PLUS Up-Front Fee Deduction	Graduate PLUS Repayment Benefits
800-282-1550	Not-For-Profit	YES	YES	YES	1%	.25% interest rate reduction with bank draft	3%	.25% interest rate reduction with bank draft
800-315-6203	For-Profit	NO	NO	NO	1%	None	3%	None
800-487-4404	For-Profit	YES	YES	YES	1%	.25% interest rate reduction with bank draft	3%	.25% interest rate reduction with bank draft
800-487-4404	For-Profit	YES	YES	YES	1%	50% interest rate reduction at repayment; .25% interest rate reduction for payment by bank draft; last six payments waived when all payments have been made on time.	3%	50% interest rate reduction at repayment; .25% interest rate reduction for payment by bank draft; last six payments waived when all payments have been made on time.
800-337-1009	Not-For- Profit	NO	YES	YES	1%	.25% interest rate reduction for payment made by bank draft	3%	.25% interest rate reduction for payment made by bank draft
800-986-4322	Not-For- Profit	YES	NO	NO	1.5%	None	3.5%	None
800-858-7822	For-Profit	YES	NO	YES	1%	.25% interest rate reduction with bank draft	3%	.25% interest rate reduction with bank draft
877-349-4347	For-Profit	YES	NO	NO	1.5%	None	3.5%	None
888-278-5549	For-Profit	YES	YES	YES	2%	.25% interest rate reduction with bank draft	4%	.25% interest rate reduction with bank draft
800-844-2000(5960)	For-Profit	YES	NO	NO	1.5%	None	3.5%	None
800-338-2243	For-Profit	YES	YES	YES	1%	.25% interest rate reduction with bank draft	3%	.25% interest rate reduction with bank draft

* Life-of-Loan Ownership means the lender does not sell the loans it originates.

** Life-of-Loan Servicing means that the same entity that originates the loan continues to service the loan through repayment.