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Federal Stafford Loan Preferred
Lender List
When completing your application for any of the Federal Family
Education Loan Programs, you will be asked to select a bank or lending
institution to provide the funding for your loan. Since the
interest rate and terms are standardized by the federal government, we
encourage you to use a highly service-oriented lender. You
have the right to select any lender you wish.
Below is a list of banks with which Albion
College has a positive borrowing history. We have found these
institutions to provide efficient, timely, and quality customer
service. The lenders listed below transmit funds via electronic
wire deposit directly to the College to allow for immediate posting into
the students' accounts. If you choose to have the funds disbursed
to us via paper check, the check will be mailed to your home address for
endorsement before funds can be posted to your student's account.
| Lender Name |
Lender
Number |
Loan
Servicing Agency |
Contact
Information |
Borrower
Benefits |
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| AMS |
833079 |
Great Lakes Higher Education Corp. |
800-377-9095 |
Borrower benefits can sometimes change unexpectedly. Please
visit our loan web page (www.albion.edu/financialaid/loans.asp)
for the most up-to-date interest rates, fees, and benefits.
Follow the loan link to our FASTChoice web site to compare
lenders. |
| Bank of
America |
802176 |
| Chase |
805069 |
| Charter
One |
808140 |
| Fifth
Third |
808780 |
| Key
Bank |
813760 |
|
National City |
808888 |
| Wells
Fargo |
807176 |
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Citibank |
826878 |
Citibank |
800-967-2400 |
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Sallie Mae |
802218 |
Sallie Mae Education Trust
|
888-272-5543
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