Office of Financial Aid

University of Mississippi

Lender Comparison for Graduate Students

Lender
Lender Type
Real-Time Processing
Life of Loan Ownership*
Life of Loan Servicing**
Stafford Up-Front Fee
Stafford Repayment Benefits
Graduate PLUS    Up-Front Fee
Graduate PLUS Repayment Benefits
access
800-282-1550
Not-For- Profit
YES
YES
YES
0.5%
.25% auto-debit
3%
.25% auto-debit
citi
800-788-9968
For-Profit
YES
NO
NO
0.5%
.25% auto-debit
3%

.25% auto-debit

discover
877-728-3030
For-Profit
NO
NO
YES
1.5%
.25% auto-debit
4%

.25% auto-debit

edamerica
800-337-1009
Not-For-Profit
NO
NO
NO
0.5%
.25% auto-debit
3%

.25% auto-debit

esf
800-986-4322
Not-For- Profit
YES
NO
NO
1.0%
None
3.5%
None
For-Profit
YES
NO
NO
0.5%
.25% auto-debit
3%
.25% auto-debit
salliemae
888-272-5543
For-Profit
YES
NO
NO
1.5%
.25% auto-debit
4%

.25% auto-debit

wachovia
800-338-2243
For-Profit
YES
NO
NO
0.5%
None
3%

None

* Life-of-Loan Ownership means the lender does not sell the loans it originates.

** Life-of-Loan Servicing means that the same entity that originates the loan continues to service the loan through repayment.