Loans

Federal Parent PLUS Loan Lenders

Lender	Details
Citibank 826878	Orig. Fee: 3%, Default Fee: 0%
	0.25% int. rate reduction with E-Z Pay (auto-debit from bank account) Parents can defer loan payments (principal and interest) for up to 48 months with Forbearance option
SallieMae Educational Trust 802218	Orig. Fee: 3%, Default Fee: 1%
	0.70% int.rate reduction for automatic debit
Chase Bank 803000	Orig. Fee: 3%, Default Fee: 1%
	0.25% int. rate reduction for borrowers who enroll in auto-debit ACH repayment program.
Arvest 800301	Orig. Fee: 3%, Default Fee: 1%
	Secondary Market Servicer: Oklahoma Student Loan Authority 2.00% int. rate reduction for automatic payment during repayment of Loan "No payment" option for up to 48 months while student is at least ? time
Liberty Bank 147509	Orig. Fee: 3%, Default Fee: 1%
	Secondary Market Servicer: Arkansas Student Loan Authority 0.25% int. rate reduction for auto debit participation
Commerce Bank 813979	Orig. Fee: 3%, Default Fee: 1%
	Secondary Market Servicer: Oklahoma Student Loan Authority 0.25% int. rate reduction for signing up for auto-debit of monthly payments
Other Lender If you wish to use a lender that is not on this list complete the application by clicking on the above link ("other lender"). Then contact Eric Walter, EWalter@jbu.edu or 877-528-4636 ext. 22, to provide him with your lender choice.