Oklahoma Christian University

Stafford
PLUS
Private Loans (School Certified)
Considerations

Stafford Loans

If you are a first-time Oklahoma Christian borrower, you must complete a loan entrance interview (LEI) and a master promissory note (MPN) before loans will be disbursed to your student account.
Stafford Loan Entrance Interview - For first-time OC borrowers only

Lender	Lender ID	Benefits
	833669	Apply Now
	803000	0.25% interest rate reduction for for borrowers who enroll in auto-debit ACH repayment program. Apply Now
	829076	Borrower Benefit You may qualify for a 0.25 percentage point interest rate reduction when you make payments on your Sallie Mae Stafford loan by automatic debit.¹ Why More Students And Families Choose Sallie Mae Unwavering commitment and stability for more than 35 years—we have helped over 21 million students realize their dream of a higher education Easy online application and 24/7 online account management Combined billing is available for Sallie Mae-serviced student loans Join Upromise® at www.upromise.com and use the rewards you earn on your everyday purchases to help automatically pay down your eligible Sallie Mae-serviced loans with Upromise Loan Link^®2 Tuition payment plans to help make college costs more affordable Sallie Mae’s Education Investment Planner^SM—an interactive tool that can help you plan for education expenses based on your family’s own unique financial situation ^1,2 Visit www.SallieMae.com/StaffordTerms to learn how to earn the borrower benefit and other important information. Apply now
	802218	Borrower Benefit You may qualify for a 0.25 percentage point interest rate reduction when you make payments on your Sallie Mae Stafford loan by automatic debit.¹ Why More Students And Families Choose Sallie Mae Unwavering commitment and stability for more than 35 years—we have helped over 21 million students realize their dream of a higher education Easy online application and 24/7 online account management Combined billing is available for Sallie Mae-serviced student loans Join Upromise® at www.upromise.com and use the rewards you earn on your everyday purchases to help automatically pay down your eligible Sallie Mae-serviced loans with Upromise Loan Link^®2 Tuition payment plans to help make college costs more affordable Sallie Mae’s Education Investment Planner^SM—an interactive tool that can help you plan for education expenses based on your family’s own unique financial situation ^1,2 Visit www.SallieMae.com/StaffordTerms to learn how to earn the borrower benefit and other important information. Apply now
	809081	0.25% interest rate reduction for electronic, automatic debit of funds for monthly payments A Feature of Sallie Mae Servicing, available to all SNB borrowers is the Upromise Loan Link. To get more information and Free Registration visit: www.banksnb.com/studentloans and then click on the Upromise link. Apply now
	820238	0.5% default fee 0% origination fee .25% interest rate reduction for auto-debit payments Apply Now

PLUS Loans

Lender	Lender ID	Benefits
	833669	Apply Now
	803000	0.25% interest rate reduction for for borrowers who enroll in auto-debit ACH repayment program. Apply Now
	829076	Borrower Benefit You may qualify for a 0.25 percentage point interest rate reduction when you make payments on your Sallie Mae Parent PLUS loan by automatic debit.¹ Why More Students And Families Choose Sallie Mae Unwavering commitment and stability for more than 35 years—we have helped over 21 million students realize their dream of a higher education A streamlined Parent PLUS application experience for parents, including an online endorser process to help applicants who are not approved on the basis of their own credit Easy online application and 24/7 online account management Combined billing is available for Sallie Mae-serviced student loans Join Upromise® at www.upromise.com and use the rewards you earn on your everyday purchases to help automatically pay down your eligible Sallie Mae-serviced loans with Upromise Loan Link^®2 Tuition payment plans to help make college costs more affordable Sallie Mae's Education Investment Planner^SM—an interactive tool that can help you plan for education expenses based on your family's own unique financial situation ^1,2Visit www.SallieMae.com/ParentPLUSTerms to learn how to earn the borrower benefit and other important information. Apply now
	802218	Borrower Benefit You may qualify for a 0.25 percentage point interest rate reduction when you make payments on your Sallie Mae Parent PLUS loan by automatic debit.¹ Why More Students And Families Choose Sallie Mae Unwavering commitment and stability for more than 35 years—we have helped over 21 million students realize their dream of a higher education A streamlined Parent PLUS application experience for parents, including an online endorser process to help applicants who are not approved on the basis of their own credit Easy online application and 24/7 online account management Combined billing is available for Sallie Mae-serviced student loans Join Upromise® at www.upromise.com and use the rewards you earn on your everyday purchases to help automatically pay down your eligible Sallie Mae-serviced loans with Upromise Loan Link^®2 Tuition payment plans to help make college costs more affordable Sallie Mae's Education Investment Planner^SM—an interactive tool that can help you plan for education expenses based on your family's own unique financial situation ^1,2Visit www.SallieMae.com/ParentPLUSTerms to learn how to earn the borrower benefit and other important information. Apply now
	809081	0.25% interest rate reduction for electronic, automatic debit of funds for monthly payments A Feature of Sallie Mae Servicing, available to all SNB borrowers is the Upromise Loan Link. To get more information and Free Registration visit: www.banksnb.com/studentloans and then click on the Upromise link. Apply now
	820238	0.5% default fee 3.0% origination fee .25% interest rate reduction for auto-debit payments Apply Now

Private Loans (School Certified)

Lender	Benefits
	Chase Select Private Loan Student with qualified cosigner lowest possible interest rate: LIBOR + 3.65% Student with qualified cosigner highest possible interest rate: LIBOR + 10.25% Student only: LIBOR +9.00% No payments required while in school No origination or repayment fees 0.25% Interest rate reduction for having monthly payments automatically deducted from a bank account Cosigner release after making 36 consecutive on-time payments of principal and interest Loans from $500 up to your cost of attendance (minus other aid) each year Apply Now
	Wells Fargo Private Collegiate Loan Borrower or cosigner must have an established positive credit history, acceptable debt-to-income ratio, and minimum income of $12,000 Most students will require a cosigner, however some may qualify without one Cosigner release option during repayment for borrowers that qualify .50% interest rate reduction at repayment upon verification of graduation with the Wells Fargo Student Graduation Benefit Program Payments deferred for 6 months after leaving school No origination, disbursement or repayment fees! Interest rates available at: http://wfefs.wellsfargo.com/jump/rates.html#medcap Apply Now
	Wells Fargo MedCAP Alternative Loan - For Nursing Students Borrower or cosigner must have an established positive credit history, acceptable debt-to-income ratio, and minimum income of $12,000 Most students will require a cosigner, however some may qualify without one Cosigner release option during repayment for borrowers that qualify .50% interest rate reduction at repayment upon verification of graduation with the Wells Fargo Student Graduation Benefit Program Payments deferred for 6 months after leaving school No origination, disbursement or repayment fees! Interest rates available at: http://wfefs.wellsfargo.com/jump/rates.html#medcap Apply Now
	Sallie Mae Smart Option Student Loan^SM Borrower Benefits Pricing that rewards good credit Applying with a creditworthy cosigner may help you qualify and/or receive a lower interest rate The borrower may apply for cosigner release after successful completion of their education¹ A 0.25 percentage point interest rate reduction is available for automatic debit² A 0.25 percentage point interest rate reduction is available if the borrower provides a valid e-mail address and elects to receive all servicing communications via e-mail³ Why More Students And Families Choose Sallie Mae Pay a little now, save a lot later—students graduate with less debt with the Sallie Mae Smart Option Student Loan which features interest-only payments while the borrower is in school to avoid capitalized interest Unwavering commitment and stability for more than 35 years—we have helped over 21 million students realize their dream of a higher education Easy online application and 24/7 online account management Combined billing is available for Sallie Mae-serviced student loans Available for U.S. citizens in study abroad programs and U.S. citizens studying at medical schools outside the U.S. You may be able to deduct the interest you pay on a qualified student loan. Consult your financial advisor for more information or visit http://www.irs.gov/pub/irs-pdf/p970.pdf. Join Upromise^® at www.upromise.com and use the rewards you earn on your everyday purchases to help automatically pay down your eligible Sallie Mae-serviced loans with Upromise Loan Link^® ⁴ Tuition payment plans to help make college costs more affordable Sallie Mae's Education Investment Planner^SM—an interactive tool that can help you plan for education expenses based on your family's own unique financial situation Apply now

1,2,3,4 Visit www.SallieMae.com/SmartTerms for important information about these benefits.

Considerations

Oklahoma Christian University regularly uses a select group of lenders for expedient disbursements of student and parent loans. Lender lists are very common among higher education institutions. Such lists provide a convenient way for institutions to help students navigate their way through a large number of student loan options.

Reasons for selecting a particular lender vary from person to person. Some choose a lender based on name recognition. Others prefer the immediate benefit of lower origination fees. For some, the deciding factor is the long-term advantage of repayment savings programs, like an interest rate reduction as a reward for making payments on time.

To assist families in this decision, the Office of Student Financial Services at Oklahoma Christian University has compiled a list of institutions whom we consider excellent in the education lending field. We have found each of these lenders to provide prompt reconciliation of loan issues. They also provide fast electronic payment of loan funds directly to your OC account and offer a variety of savings programs during loan repayment.

Please note that you are not required to use one of these lenders. The Office of Student Financial Services will process your loan with any lender you choose.