Alternative/Private Loans

(Preferred Lenders)

 

Lender Code:  810612

1-888-272-5543

Educational Loans borrowed from Regions Bank are serviced by Sallie Mae.  Regions Bank was formerly 


Lender Code:  831453

1-800-337-6884

Educational Loans borrowed from Edamerica are serviced by Edfinancial Services


SunTrust

Lender Code:  810691

1-800-457-8243


Lender Code:  826878

1-800-967-2400


Lender Code:  810563

1-800-337-6884

Educational Loans borrowed from First Tennessee are serviced by Edfinancial Services.

 

You may request your student/parent loan through any lender. 

Please be aware that the benefits offered by lenders to student loan borrowers vary and are subject to change.  Before selecting a lender, please contact various lenders of interest and review their borrower benefits to determine which lender best meets your educational borrowing needs.

ETSU does not receive any monetary benefit from any lender.

HOW DOES ETSU SELECT ITS PREFERRED LENDERS?  Our preferred lenders are selected on the basis of:

·        Ability to transmit/process loan information electronically

·        Advantages offered to students

·        General student feedback, student preferences over time

·        Track record of performance with ETSU

·        General input from the business community; professional contacts in the student financial aid community, and ongoing review of appropriate professional business and trade journals

·        Determinations are made on an annual basis by the Director in close consultation with the Assistant Directors

Federal regulations require all first-time student loan borrowers to participate in Entrance Loan Counseling before receiving the first disbursement of your loan proceeds.
Federal regulations require all student loan borrowers to participate in Exit Loan Counseling whenever you drop below half-time enrollment status, withdraw, or graduate.