Preferred Lender List
Steps to Obtaining Your Loan: Stafford Loan Limits:
- Complete the Student Loan Counseling Dependent Interview (Entrance Interview) at Students Students www.mappingyourfuture.org
- Select a lender from the below list.
- Complete the Stafford Loan Request Form on the list of forms for the appropriate year and list your preferred lender.
- Contact your selected lender to receive Instructions on e-signing your MasterPromissory Note (MPN).
In making your lender choice for either a Federal Stafford Loan or a Federal Parent Loan for Undergraduate Students (PLUS Loan), you may wish to consider the following lenders. You have the right to choose your lender. However, these lenders have served our students and parents very well. We have selected these lenders for their service, benefits, and customer service. Birmingham-Southern receives no financial incentives as a result of this listing.
This is a rotating list; each time the list is accessed the order is changed.
Lender Name |
Lender Code |
Benefit Info |
Contact |
Website |
Alabama Student Loan Program |
834281 |
1-888-678-4625 |
Chase |
818590 |
1-800-487-4404 |
Citibank
|
826878 |
1-800-967-2400 |
EdAmerica |
831453 |
1-800-337-1009 |
Regions Education Lending |
810612 |
1- 800-858-7822 |
Wells Fargo |
807176 |
1-888-511-6364 |
Federal Stafford Annual Loan Maximums |
|||
| DEPENDENT UNDERGRADUATES | |||
|
Subsidized |
Unsubsidized |
Total |
Freshman |
$3,500 |
$2,000 |
$5,500 |
Sophomore |
$4,500 |
$2,000 |
$6,500 |
Junior/Senior |
$5,500 |
$2,000 |
$7,500 |
| INDEPENDENT UNDERGRADUATES (and dependents whose parents are unable to borrow under the PLUS program) | |||
Subsidized |
Unsubsidized |
Total |
|
Freshman |
$3,500 |
$6,000 |
$9,500 |
Sophomore |
$4,500 |
$6,000 |
$10,500 |
Junior/Senior |
$5,500 |
$7,000 |
$12,500 |