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OU-COM PREFERRED LENDER LIST |
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Lender Name |
Yrs in business |
* Servicer / Guarantor |
On-line app & tracking |
Fees & Benefits |
Private Loans |
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Access group |
25 years |
Access/TGLC |
Yes |
.5% oriigination fee; .25% reduction for
direct debit |
Yes |
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Charter One Bank |
25 tears |
Sallie Mae/TGLC |
Yes |
.5% oriigination fee; 25% reduction for
direct debit |
Yes |
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Chase |
50 years |
Dept. of Ed/TGLC |
Yes |
.5% oriigination fee; .25% reduction for
direct debit |
Yes |
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Discover Financial |
23 years** |
Great Lakes/TGLC |
Yes |
.5% origination fee; .25% reduction for
direct debit *** |
Yes |
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EdAmerica |
21 years |
EdFinancial/TGLC |
Yes |
.5% oriigination fee; .25% reduction for
direct debit |
Yes |
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Key Education |
50 years |
Great Lakes/TGLC |
Yes |
.5% oriigination fee; .25% reduction for
direct debit |
Yes |
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PNC Bank |
44 years |
Great Lakes, etc/TGLC |
Yes |
.5% oriigination fee; .25% reduction for
direct debit |
Yes |
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Sallie Mae |
35 years |
Sallie Mae/TGLC |
Yes |
.5% oriigination fee; .25% reduction for
direct debit |
Yes |
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* If Sallie Mae is not listed, they are not
a servicer. |
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TGLC = Texas Guarnteed Loan Corporation with
0% guarantee fee |
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**In business 23 years, new to student loan
industry |
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*** Special Note: Discover
Financial offered a 0% origination fee on all
Stafford Loan Applications completed before Sept. 1,
2009. |
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| After this, they will charge a .5%
origination fee. |
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