Federal Stafford Loan Lender List

Federal Stafford Loan Lender List

Loyola Marymount University participates in the Federal Family Education Loan Program (FFELP), which allows student borrowers to select a private lender to service their federal student loans.

The alphabetical list of lenders provided below represents all lenders at LMU that students have elected to borrow from over the past three years. The use of a lender on this list is not required. LMU will process loans from any eligible lender a student selects. LMU may not deny or otherwise impede the borrower's choice of a lender or cause unnecessary delay in the loan certification for those borrowers who choose a lender that is not included on the lender list below.

Before selecting a lender, we recommend that you use the Loan Discount Analyzer to determine your monthly payment, interest accruals, and loan savings discount. We encourage you to review each lender’s loan terms and conditions carefully to make an informed decision.

Once you have made your selection, please complete your lender’s online loan application (also called a Master Promissory or MPN). Please allow 7 – 10 business days for processing. Our office will be contacted to certify your loan once the application has been fully processed and approved with the lender.

Disclaimer:

In accordance with federal regulations, the Financial Aid Office cannot select a lender for you, nor does LMU endorse or recommend specific lenders. We have listed these lenders in alphabetical order and by no means have we ranked them by price, benefits and/or service. Although every effort is made to provide the most accurate and up-to-date information, the content of this publication is subject to change due to alteration in federal, state, university or lender policy or procedure. The LMU Financial Aid Office cannot be held liable for the consequences of such changes in policy or procedure. The most current information can be found by contacting the lenders directly at the customer service numbers provided below.

 

Lender Name

Lender Code

Lender Phone Number

Servicer

Access Group

808851

(800) 282-1550

EdFund

Citibank

826878

(800) 967-2400

EdFund

Discover

831312

(877) 728-3030

Great Lakes

EdAmerica

831453

(800) 337-1009

EdFund

Nellie Mae*

802218

(800) 367-8848

EdFund

Nelnet

829076

(877) 804-3603

EdFund

Sallie Mae

802218

(888) 272-5543

EdFund

Wachovia**

830005

(800) 338-2243

EdFund

Wells Fargo

807176

(800) 658-3567

EdFund

 
*An affiliated Sallie Mae Company.
**An affiliated Wells Fargo Company.