Because you may be entering into a long-term relationship with your Federal Stafford lender, you should consider their commitment to the student loan program and service quality as well as interest capitalization policies and special fee discounts. In addition, maintaining all student loan borrowing through a single lender usually simplifies future management of your loan portfolio.

The lenders listed below all offer zero fees, and a variety of repayment incentives or benefits. One of the lenders provides a bonus return to non-defaulted borrowers during the repayment period (over 95% of our potentially eligible borrowers through this lender are receiving this benefit). Other lenders also offer repayment incentives, but we anticipate under 20% of borrowers will qualify for and/or retain benefits conditioned on maintaining timely payments. See the links below for more information and online applications.

Please file only one Federal Stafford Loan Master Promissory note with the lender of your choice. If you submit an electronic note, print a copy and submit it to the LSUHSC-NO Student Financial Aid Office.

Choosing a lender and student loan guarantor is your right and your responsibility. The LSUHSC-NO Student Financial Aid Office will process loan applications for any participating lender of your choice, including but not limited to those listed below. While we cannot pick a lender for you, we will be glad to discuss your options and try to answer any specific questions.

Notice: Lenders face a reduction in federal Special Allowance payments, along with other changes that will cut financial margins, beginning October 1 2007, due to recent federal legislation. Therefore, many lenders will be reducing borrower benefits, and some that have been offering zero fee Federal Stafford loans may discontinue coverage of loan fees, passing the cost along to the borrowers. We will attempt to ensure that lenders keep the information at the links below accurate and up to date. However, please check with your chosen lender regarding their borrower benefits and fees before finalizing your lender selection.