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PLUS Loan Lender List
Salve Regina University students are free to choose any lender that participates in the Federal Family Education Loan Program (FFELP). We do provide a list of recommended lenders below for your Federal PLUS Loan. These lenders have been chosen based upon the benefits and service offered to our students.
The interest rate for the Federal PLUS Loan is fixed at 8.5 percent.
Loans are disbursed electronically to our school, allowing funds to be posted directly to the student’s account. Please click on the lender’s name to start the application process.
If you wish to use a lender not on the lender list below, please e-mail the name of that lender and their lender code to us at Financial_aid@salve.edu. If you have any questions, please contact the Office of Financial Aid.
A 3% origination fee will be deducted from the PLUS loan amount.
Lender |
Borrower Benefits |
Servicer |
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.70% interest rate reduction with Auto Debit |
Sallie Mae |
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.50% interest rate reduction at repayment |
Citibank |
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.70% interest rate reduction with Auto Debit |
Nelnet |
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.60% interest rate reduction with Auto Debit |
Edfinancial |
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.60% immediate interest rate reduction and 1 % with Auto Debit |
Nelnet |
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