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Make an Informed ChoiceIf your college participates in the Federal Family Education Loan Program (FFELP), your student loans will come from a private lender, like a bank or credit union. Make an informed choice when choosing a lender. You will be entering into a long-term relationship. Before choosing a lender, be aware that all lenders are not alike. You should consider the following:
Loan ServicingIowa Student Loan will service your student loan(s) through repayment. Student loans are Iowa Student Loan’s business so you can be assured of receiving knowledgeable service. Iowa Student Loan received a customer satisfaction rating in 2007 of 8.65 on a scale of 1 to 10 (with 10 being the highest)! Iowa Student Loan works with our Serviced Lenders to offer you Borrower Benefits that will help you get more out of your student loans and save you money. By selecting an Iowa Student Loan serviced lender, you will work with Iowa Student Loan and receive our outstanding service and benefits. Iowa Schools or Schools NationwideWhether you are attending college inside or outside of Iowa, you can choose an Iowa Student Loan lender. You will simply need to indicate the lender name and code on the college’s loan information sheet and/or Master Promissory Note. If you’re attending school outside of Iowa, check out these loan packets to make working with Iowa Student Loan easier for you and your school.Choose your Federal Stafford, Federal PLUS or Federal Grad PLUS Loan lender from our list of Serviced Lenders. Remember, the Federal Direct and Federal Perkins loan programs are funded directly through the Department of Education, so you will not need to choose a lender for either of those programs. |
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