The University of Kansas utilizes the following list of lenders to process loans for
Graduate/Professional/Law students. When choosing your lender, you should compare
the fees and borrower benefits listed in the chart below (subject to change). We
encourage students to research which lender best suits their needs. You may visit
the Web sites listed below for additional information.
| Lender Contact Information |
Federal Default Fee |
Origination Fee |
Total Fees |
Borrower Benefits Prior to October 1, 2007 |
Updates to Borrower Benefits |
Federal Direct Loans
www.ed.gov/DirectLoan
(800) 848-0979 |
N/A |
2.5% (less 1.5% rebate when disbursed) |
1% |
- .25% interest rate reduction for auto debit
- 1.5% Loan Fee Rebate at Disbursement
- Income Contingent Repayment Plan option
|
Same |
US Bank
www.usbank.com/studentloans
(785) 865-0278 or (800) 377-5626
Lender Code: 804609 |
0% |
0% |
0% |
- .25% interest rate reduction with auto debit
- 5% credit of your original loan amount after 36 on time payments
|
Same |
New Stafford Loan borrowers and continuing borrowers who have changed
lenders are required to complete a Master Promissory Note (MPN)
with their lender. The Master Promissory Note is a legal, binding
contract of your promise to repay the loan according to the terms listed on the
note.
You are not required to choose a lender from the above list. If you choose a
lender that is not on the above list, please submit a written request to the
OSFA, including your
full name, email address, 7-digit KUID, the 6-digit lender ID code, and the full
name and address of the lender.
