Preferred Federal Loan Lenders
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Frequently Asked Loan Questions & Answers
WSU Preferred Federal Loan Lenders
for Stafford, Graduate PLUS & Parent PLUS Loans
The purpose of the federal
student loan program is to provide opportunities for students and
families to fund higher education on optimal terms. The list below has been
compiled to help Washington State University students and parents negotiate the array of available loan providers
and loan products, and to simplify the loan process. While these lenders have been
evaluated closely on the basis of performance, customer service,
cost and borrower benefits, borrowers are strongly encouraged to
conduct their own consumer research.
Students and parents have the
right to select the lender of their choice and are not required to
use lenders on this list. No student or parent borrower will be
penalized for choosing a lender not on this list.
Washington
State University
utilizes electronic
processes that require participation by lenders. Lenders on this list have
agreed to comply with the methods necessary for timely delivery of
student and parent loan funds. If
your lender of choice does not participate in, or is not familiar
with, the WSU loan process, the disbursement of the loan funds could
be delayed as a result of that lender’s process.
Please note: Some lenders may have their loans serviced by another entity, which does not alter any borrower
benefits associated with that loan, and is not the same as selling the loan. Borrowers are encouraged to research the terms and
conditions of a lender before making a selection.
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