SCHREINER UNIVERSITY

The following lenders were chosen based on volume usage by current and previous students. Schreiner University does not wish to limit your lender choice-but to educate students on the lenders that are being chosen.
Schreiner University encourages all students to investigate a lender before making a choice to borrow from them. A student is never required to use only the lenders on our lender comparison list. SU will guarantee/certify a loan with any lender of your choice. SU does not accept any financial benefits from our listed lenders.
Please contact your chosen lender for the most up to date information concerning benefits for your loan(s)

Choosing a lender not on our list may result in slower processing. If you choose a lender that is not on this list, contact your lender directly to apply for your loan and complete your promissory note. Please ask that the results be sent to Schreiner University via AdvanTG Web.

 

 
Schreiner University strongly suggests students maximize their borrowing by using all federal loan options before borrowing from private/alternative sources.  Most students will need a credit-worthy co-signer to qualify for the loan products listed below.
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Benefits

  • 0% origination fee-depending on credit history
  • Pre-pay your loan without penalty
  • Variable interest rates depending upon credit history
  • May extend repayment terms
  • Co-signer release after 24 consecutive on-time payments of principal and interest
 

Benefits

  • 0% origination and repayment fees!
  • Lower interest rates available with a qualified cosigner
  • 0.25% interest rate reduction for automatically debited payments
  • See web site or call for important terms and conditions

Services

  • Can be used to cover past due balances
  • Online pre-approval and application, including e-signature
  • Loans are originated and serviced internally by Chase
  • All Chase-serviced loans, including private loans, are combined into a single bill
  • Choice of repayment options
  • Cosigner release option
  • Loans are not sold
 

Benefits

  • Wells Fargo Collegiate® Loan
  • 0.50% interest rate reduction at repayment upon verification of graduation with the Wells Fargo Student Graduation BenefitSM Program
  • 0.25% interest rate reduction at repayment when Wells Fargo automatically withdraws payments from a personal checking or savings account - discount is removed if automatic payments are cancelled
  • Loan has no origination, disbursement, or repayment fees.
  • Cosigner release after the first 24 consecutive on-time monthly payments.
  • Prime + (0% to 5.99%)

Services

  • Combined billing of Federal Stafford, Federal PLUS, and private loans.
  • One place for all your financial needs. Wells Fargo offers banking products and services, such as the College Combo®, a suite of banking accounts and services designed for college students.
  • With Wells Fargo, you’ll get high quality service throughout your borrowing experience. Wells Fargo reserves the right to discontinue or modify our rewards for future disbursements at any time without notice.
 
This is a list of Federal Stafford loan lenders.
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Benefits

  • 0.25 percentage point interest rate reduction for automatic debit.
  • "Borrowers who authorize the automatic debit of funds from their checking or savings account to cover their monthly education loan payments will receive an interest rate reduction of 0.25 percentage point on eligible Stafford, Parent PLUS and Graduate PLUS Loans. Assuming the loan is serviced by Sallie Mae, this benefit remains available during active repayment for as long as the borrowers monthly payment is successfully deducted from the borrowers account. If the loan is not serviced by Sallie Mae, other restrictions may apply as determined by the U.S. Department of Education."
  • "SALLIE MAE RESERVES THE RIGHT TO MODIFY OR DISCONTINUE LOAN PROGRAMS AND BORROWER BENEFITS AT ANY TIME WITHOUT NOTICE. APPLICANTS SHOULD CHECK THE SALLIE MAE WEBSITE (SALLIEMAE.COM) CLOSE TO THEIR LOAN DISBURSEMENT DATE TO OBTAIN THE MOST UP-TO-DATE INFORMATION REGARDING LOAN PROGRAMS, INCLUDING BORROWER BENEFITS."
  • "Subject to the above, borrower benefits are effective for Stafford, Parent PLUS and Graduate PLUS Loans guaranteed June 9, 2008 through June 30, 2009."

Services

  • Several repayment options are available.
  • No prepayment penalty.
  • 24/7 online account management.
  • "Expert servicing from Sallie Mae, the nations leading student loan company"
  • Sallie Maes Upromise Loan Link service can help students and families pay down their eligible Sallie Mae-serviced student loans. Visit www.upromise.com/loanlink To view whether or not a student loan is eligible to participate in the Upromise Loan Link program. Access to Upromise is not limited to Sallie Mae loan customers.
  • Combined monthly billing when you have multiple Sallie Mae-services student loans. Certain restrictions apply.
 

Benefits

  • 0% Origination Fee
  • Will forgive up to the last $500 of your account balance with qualifed on-time payments during life of the loan

Services

  • Students speak with Loan Specialists located in Texas
 

Benefits

  • Free Campusedge Checking
  • Easy Savings with Keep the Change
  • Free Online Banking Service

Services

  • Mobile Banking for students on the go
  • To set up a checking or savings account please visit https://www.bankofamerica.com/index.jsp
  • Free bill pay with a Bank of America checking or savings account
 

Benefits

  • No payments while in school at least half time and for six months after the student leaves school.
  • Repayment options if borrowers need to postpone or temporarily lower payments.

Services

  • Combined billing of Federal Stafford, Federal PLUS, and private loans.
  • One place for all your financial needs. Free Wells Fargo College Checking® account*, Online Banking, and Bill Pay. 
  • With Wells Fargo, you’ll get high quality service throughout your borrowing experience.
  • * Eligibility for this account is subject to approval and students must provide proof of enrollment at a qualifying accredited institution when the account is opened. Wells Fargo reserves the right to discontinue or modify our rewards for future disbursements at any time without notice.
 

Benefits

  • 100% of Chase Stafford loan borrowers receive these benefits:
  • 0% origination fee
  • 0% default fee
  • 0.10% automatic interest rate reduction immediately at repayment
  • See web site or call for important terms and conditions. Benefits apply to loans originated and serviced under lender code 803000

Services

  • Loans are originated and serviced internally by Chase
  • All Chase-serviced loans, including private loans, are combined into a single bill
  • Chase does not sell its Stafford loans originated under this lender code
 
This is a list of Parent PLUS loan lenders.
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Benefits

  • Postponed payments for up to five years while their student is enrolled at least half-time (borrower must request forbearance annually).

Services

  • With Wells Fargo, you’ll get high quality service throughout your borrowing experience.
  • One place for all your financial needs.
  • Wells Fargo reserves the right to discontinue or modify our rewards for future disbursements at any time without notice.
 

Benefits

  • 100% of Chase PLUS loans borrowers receive these benefits:
  • 0% default fee
  • 0.10% automatic interest rate reduction immediately at repayment
  • See web site or call for important terms and conditions. Benefits apply to loans originated and serviced under lender code 803000.

Services

  • Pre-approval in seconds online or over the phone
  • Loans are originated and serviced internally by Chase
  • Repayment can be postponed while student is enrolled in school
  • All Chase-serviced loans, including private loans, are combined into a single bill
  • Chase does not sell its PLUS loans originated under this lender code
 

Benefits

  • Free Campusedge Checking
  • Easy Savings with Keep the Change
  • Free Online Banking Service

Services

  • Mobile Banking for students on the go
  • To set up a checking or savings account please visit https://www.bankofamerica.com/index.jsp
  • Free bill pay with a Bank of America checking or savings account
 
Please contact the Office of Financial Aid to discuss options and procedures in applying for this loan.
Compare Lenders Lender Information Borrower Benefits & Customer Service Apply Now

Benefits

  • Free Campusedge Checking
  • Easy Savings with Keep the Change
  • Free Online Banking Service

Services

  • Mobile Banking for students on the go
  • To set up a checking or savings account please visit https://www.bankofamerica.com/index.jsp
  • Free bill pay with a Bank of America checking or savings account
 

Benefits

  • No payments while in school at least half time and for six months after the student leaves school.
  • Repayment options if borrowers need to postpone or temporarily lower payments

Services

  • Combined billing of Federal Stafford, Federal PLUS, and private loans.
  • One place for all your financial needs. Wells Fargo offers banking products and services, such as the College Combo®, a suite of banking accounts and services designed for college students.
  • With Wells Fargo, you’ll get high quality service throughout your borrowing experience. Wells Fargo reserves the right to discontinue or modify our rewards for future disbursements at any time without notice.
 

Benefits

  • 100% of Chase Grad PLUS borrowers receive these benefits:
  • 0% default fee
  • 0.10% automatic interest rate reduction immediately at repayment
  • See web site or call for important terms and conditions. Benefits apply to loans originated and serviced under lender code 803000.

Services

  • Pre-approval in seconds online or over the phone
  • Loans are originated and serviced internally by Chase
  • Repayment is automatically deferred while student is enrolled in school
  • All Chase-serviced loans, including private loans, are combined into a single bill
  • Chase does not sell its Grad PLUS loans originated under this lender code
 
Additional Resources
 

ELMSelect is hosted and maintained by ELM Resources to provide student and parent borrowers with information supporting their ability to choose the educational lender of their choice.

Information on this site regarding educational loans has been provided exclusively through institutions of higher education (“schools”) that have elected to post their preferred lender lists on this site. ELM Resources is not involved in any way with the endorsement of lenders or specific loan products of educational institutions and does not receive compensation as a result of a lender being placed on a preferred lender list or a school using ELMSelect as a means of providing loan information to students.

ELM Resources is not responsible for the accuracy of the information available through ELMSelect. Students and parents are encouraged to contact lenders to confirm the accuracy of the loan terms posted on the site. Students and parents are also reminded of the right of borrowers seeking loans through the Federal Family Education Loan Program to choose their lender and that the choice of a lender is not in any way limited to the lenders on a school’s preferred lender list. Additionally, if a borrower chooses another lender, they will suffer no penalty for selecting their lender of choice.

ELM Resources notes that additional information on student loans is available from the U.S. Department of Education on a variety of sites including www.studentaid.ed.gov and www.mymoney.gov. Useful information on financial literacy may be found at http://www.mymoney.gov/, a website maintained by the U.S. Financial Literacy and Education Commission. For New York schools, additional information can be found at http://www.oag.state.ny.us/family/student_lending/information.html.

ELM Resources welcomes comments on ELMSelect. Comments may be sent to: info@elmresources.com.