Federal Family Education Loan Program Participating Lenders (2008-2009 Academic Year)
The lenders listed below are those lenders who use AES/PHEAA as a guarantor. You are not limited to these lenders for the Federal Family Education Loan Programs (Stafford, PLUS, and Graduate PLUS). If you wish to use a lender not listed below or a guarantor other than AES/PHEAA, please contact them directly to apply.
PLEASE REMEMBER THAT CREDIT UNIONS REQUIRE THAT THE BORROWER OF THE LOAN BE A CURRENT MEMBER TO TAKE OUT A LOAN.
Federal Stafford Participating Lenders
- 2008-2009 KeystoneBEST Participating Lenders (See below about benefits)
- Stafford Lenders who use AES/PHEAA as Guarantor
Federal PLUS (Undergraduate Students) Participating Lenders
- 2008-2009 KeystonePLUS Participating Lenders for Parents (See below about benefits)
- Parent PLUS Lenders who use AES/PHEAA as Guarantor
Federal Graduate PLUS (Graduate Students) Participating Lenders
- 2008-2009 KeystonePLUS Participating Lenders for Graduates (See below about benefits)
- Gradudate PLUS Lenders who use AES/PHEAA as Guarantor
Benefits for the 2008-2009 KeystoneBEST & KeystonePLUS Loan Program
- The KeystoneBEST/PLUS loan program offers a zero Default Fee to all
Stafford and PLUS borrowers and the 1% normally charged will be
underwritten by AES/PHEAA.
NOTE: Effective for loans guaranteed on or after January 1, 2009, the Pennsylvania Higher Education Assistance Agency (PHEAA) will suspend paying the Federal Default Fee on behalf of all borrowers. The Federal Default Fee is the one-percent fee required under federal guidelines as a reserve against potential loan defaults and is normally deducted from the proceeds of a Federal Stafford or PLUS loan disbursement made to student and parent borrowers. - Each KeystoneBEST/PLUS participating lender may offer additional up-front and repayment benefits such as reduced Origination Fees.