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Like the Stafford Loan Program for students, Champlain College has provided a list of preferred lenders for the Parent PLUS Loan Program for families to consider based on a variety of criteria that include superior borrower benefits and customer service.
Champlain considered several factors when constructing its lender lists; we have highlighted some of the factors below:
- Lenders that provide superior borrower benefits to the parent
- Timely and responsive processing with excellent customer service
- Ease of application process
- Service to borrowers regarding default prevention
- Source and stability of capital used in providing loans
Please note that you are not required to use one of these lenders. The Financial Aid Office will process your loan with any lender you choose. Choosing a lender other than those suggested by Champlain will not cause unnecessary certification delays.
| Lender Information |
Lender Code |
Benefits |
Click Here to Apply |
Vermont Student Assistance Corporation (VSAC)
800-798-8722
www.vsac.org/applyonline |
830075 |
- 3% Origination Fee
- 0% Default fee
- 100% Borrowers Qualify
- .25% Interest rate reduction with Auto Debit (automatic payments from a checking or savings account)
|
APPLY |
Keybank
800-539-5363
www.key.com/plus |
813760 |
- 3% Origination Fee
- 0% Default Fee
- .25% interest rate reduction with Auto Debit (automatic payments from a checking or savings account)
|
APPLY |
Wachovia Education Finance
877-689-0763
www.wachovia.com/education |
830005 |
- 3%Origination Fee
- 0% Default Fee
- .25% interest rate reduction with Auto Debit (automatic payments from a checking or savings account)
|
APPLY |
Edamerica
800-337-1009
www.edamerica.net
|
831453 |
- 3% Origination Fee
- 0% Default
- 100% of Borrowers Qualify
- .25% interest rate reduction with Auto Debit (automatic payments from a checking or savings account)
|
APPLY |
Chase Education Finance
800-487-4404
www.chasestudentloans .com |
803000 |
- 3% Origination Fee
- 0% Default Fee
- 100% of Borrowers Qualify
- .25% interest rate reduction with Auto Debit (automatic payments from a checking or savings account)
|
APPLY |
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