Arvest 200 E Main Norman, OK 73069 Lender Code: 809094
1-888-677-8711 www.osla.org
· 0.25% interest rate deduction when you enroll in auto debit program · no origination fee, no default fee
BancFirst P.O. Box 1608 Shawnee, OK 74802 Lender Code: 820238
1-800-940-9404 www.bancfirst.com
Nelnet Academic Loan P.O. Box 82596 Lincoln, NE 68501 Lender Code: 833669
1-877-804-3603 www.nelnet.com
· 0.25% interest rate deduction when you enroll in auto debit program · 1% origination fee, 0.50% default fee
Sallie Mae Education Trust P.O. Box 147020 Gainesville, FL 32614 Lender Code: 802218
1-888-272-5543 www.salliemaeedtrust.com
Simmons P.O. Box 7408 Pine Bluff, AR 71611 Lender Code: 815745
1-800-527-1625 www.simmonsfirststudentloans.com
Stillwater National Bank P.O. Box 147020 Gainesville, FL 32614 Lender Code: 809081
1-888-272-5543 www.banksnb.com
Wachovia P.O. Box 13667 Sacramento, CA 95853 Lender Code: 830005
1-800-338-2243 www.wachovia.com
Borrower benefits programs described herein are based on information available at the time of publication. Borrowers are strongly advised to contact each lender to determine the exact terms, conditions, and availability of individual incentive programs.
Northeastern State University is dedicated to providing the most efficient customer service to our students. In an effort to achieve this goal, we issue formal information requests to student loan lenders based on the National Association of Student Financial Aid Administrators (NASFAA) best practices to recommend lenders that provide the most competitive pricing, reliable technology, and dedication to quality customer service. Students may choose from our recommended list or any lender they believe best meets their needs. NASFAA recommends these sites for analyzing, calculating and comparing loan products: www.finaid.org/calculators/loananalyzer.phtml or www.finaid.org/calculators/loandiscounts.phtml. Please contact the Financial Aid Office if you wish to select a lender that is not represented on our Recommended Lender List above.
Northeastern State University has provided you with a list of lenders who have a history of providing exceptional service and benefits to NSU students. This list is provided as a service to assist you in selecting your lender; however you are free to choose from any participating lender who may not be included in this list.
Up to 1% Federal Default Fee and up to 1% Origination Fee for loans disbursed after July 1, 2008 may be deducted from your loan proceeds.
The amount you are able to receive in Stafford loan funding is determined by a number of factors. Your grade level in school will affect the amount you may receive. As you progress in academic standing, you are allowed to borrow more. Additionally, your financial need and other financial aid you receive will determine the amount you may borrow. Consult your award letter or the financial aid office for additional information.
You are required to begin repayment of your Stafford loan six months after you graduate or six months after your last date of at least half-time enrollment. While you are in school, you are not required to make any payments on your loan. If you receive a subsidized Stafford loan, you will not have any interest accrue while you are in school. However, if you receive an unsubsidized Stafford loan, interest will begin to accrue following the date of disbursement. You may choose to make interest payments on your unsubsidized Stafford loan while you are in school. This will help reduce the amount you will repay when you get out of school.
If you are a first-time borrower at NSU, you must complete an online loan entrance counseling session prior to your first student loan disbursement.
The office of Student Financial Services is located on campus between Seminary Hall and the John Vaughn Library in a red brick building. We are open Monday – Friday, 8 a.m. to 5 p.m.
Northeastern State University Office of Student Financial Services 715 North Grand Ave. Tahlequah, OK 74464-2300