Please Note: Borrowers have the right and ability to select the education loan provider of their choice, are not required to use any of the lenders on this suggested lender list, and will suffer no penalty for choosing a lender that is not on this suggested lender list.

Taylor University

The first step to take in requesting a Federal Loan is to select your lender. Taylor University selected the following lenders based on these reasons: 1. Nationally recognized lenders who have an intent to remain in the education loan business long-term. 2. They offer a high level of customer service both to us as the school and to our students and their families. 3. The benefits they offer result in excellent total value to the borrower. 4. All the necessary procedures have been established for electronic application and high-speed electronic transfer of funds so that dollars are available as quickly as possible.

We suggest you use one of the lender choices shown but will certify a Stafford or PLUS Loan for another lender of your choice if you prefer. If you do not choose one of our suggested lenders you must complete and mail a paper loan application AND the School Certification Page to the Financial Aid Office at 236 W Reade Ave, Upland, IN 46989-1001. You will need to complete the borrower information on the School Certification Page, including your requested loan amount. Also, be sure the lender name, address and phone number are included so we are able to mail the loan application upon completion of our school certification.

In addition to the lender names, lender codes, and contact information, this list provides you with the benefits offered by each, the savings you might receive based on the specific benefits offered by that lender. Note that a 1% Default Fee and 1.5% Stafford Origination Fee or 3% PLUS Origination Fee may be deducted from the original loan proceeds. To start the application process, click “Apply Now”, for the lender of your choice. The lenders are listed in random order, not in the order of Taylor’s recommendation.

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LENDER SAVINGS CALCULATOR

Stafford Loan Calculator

The savings comparisons are for reference only. Student Loan Xpress does not warrant nor imply the accuracy of information obtained from other lenders as the information may only represent an historical snapshot or a certain period in time in which this information was made available. The lenders listed have the right to discontinue borrower benefits at any time without notice. Please check with your chosen lender for more specific information.

Loan Lender Rates

6.8%

Standard Rate

Total Loan Balance


LENDER INFORMATION BORROWER BENEFITS LENDER SAVINGS

Returning Borrowers



  • Returning borrowers that want to continue with their previous lender. The Apply Now link will take you to the OpenNet online process where you will be asked for a password. If you do not remember your OpenNet password, please call 800-544-7562.
$0
Estimated Savings


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Phone: 800-337-1009

Servicer: Edfinancial


Lender Code: 831453

  • 0% Origination Fee
  • 0.25% interest rate reduction for auto-debit
  • One point of contact for life of the loan service
  • Benefits guaranteed for the life of the loan
  • 20 years of experience and service concentrating solely on student loans
  • Combined billing with private loans and flexible repayments options available
  • Please click here for an explanation of why these benefits are valuable to you the borrower
$0
Estimated Savings


Apply Now



Phone: 800-967-2400

Servicer: Citibank


Lender Code: 826878

  • 0.50% automatic interest rate reduction at repayment for all borrowers
  • 0.25% interest rate reduction when a borrower signs up for our auto-debit payment program and agrees to only receive statements electronically
  • Please click here for an explanation of why these benefits are valuable to you the borrower
$0
Estimated Savings


Apply Now



Phone: 800-487-4404

Servicer: Sallie Mae


Lender Code: 811925

  • Zero Default Fee and Origination Fee
  • 3.3% principal reduction after 33 on-time payments
  • Please click here for an explanation of why these benefits are valuable to you the borrower
$0
Estimated Savings


Apply Now