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Lender Suggestions


The following is a listing of lenders that UNC students have used, along with the associated lender codes. Links are to the given organizations' home pages when available.

You are not obligated to use a lender from this list; however, UNC will need the lender code if you choose a lender not on the list. These lenders are committed to providing excellent service and offer many electronic services which will enable you to receive your loan funds quickly. It is not necessary that you have a business relationship or previous accounts with these banks in order to borrow from them.

Lender Name Lender Code Stafford Loan Fees ** Are Repayment Savings Available?
ASAP / Union Bank & Trust 803909 1.5% Yes
Chase 820622 0% Yes
CitiBank 826878 1.5%
(as of 1/1/08)
Yes
College Invest 827866 0% Yes
US Bank 801890 0% Yes
Graduate Students only: UNC 834047 0% Yes

** Lenders may charge up to 1.5% origination fees on Stafford and 3% on PLUS loans.**


Whom can I contact if I have questions about processing?

Questions about processing your Federal Stafford Loan can be addressed to the College Assist at 1-800-727-9834 if UNC has already certified your loan with one of the above lenders. Their staff is prepared to answer a range of questions. Otherwise, you may want to contact the Office of Financial Aid or your lender.
Note: If you have previously received a Stafford Loan we recommend that you continue to process future Stafford Loans through the same lender.

Financial Resources/Scholarships
Students may have other resources available to assist their educational costs, such as scholarships, Veterans Educational Benefits, or Vocational Rehabilitation Benefits. In order to ensure your financial aid award is accurate, students must notify the Office of Financial Aid if receiving any of these other resources.

Unusual/ Special Circumstances
Students may submit any unusual or extenuating circumstances not reflected on the FAFSA that may affect aid eligibility. Contact a Financial Aid Counselor at the Office of Financial Aid for information and assistance.

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Last updated on: 12/17/2007 9:10:01 AM

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