University of Bridgeport Preferred Stafford Lender List
Federal guidelines regulate the primary features of the Stafford Loan programs, such as interest rates and repayment terms. However, there are differences in borrower benefits and incentives provided by individual lenders. While UB will process loans from any lender that you choose to work with, the lenders that are listed below have demonstrated that they not only provide the most competitive borrower benefits, but also provide optimal customer service.
Please take the time to review this chart of lender's program to help you find the lender best suited for you and your family's borrowing needs.
Preferred Lender Selection Process
The Financial Aid Office annually monitors the student lending market to ensure that our students are receiving the best student loan interest rates and benefits possible; therefore we have developed our preferred lender list with these objectives in mind. The University of Bridgeport Preferred Lenders list was selected through a competitive bid process, in which the following factors were considered and are listed in the order of importance:
* Low interest rates with strong borrower benefits including: zero fees and additional reductions in interest rates or cash back to borrowers for timely payments and payments made via direct deposit.
* Excellent customer service to borrowers.
* Availability of lender representatives to quickly resolve loan issues.
* Full electronic processing of loans including electronic transfer of funds.
Neither University of Bridgeport nor its employees who select the Preferred Lenders has a revenue-sharing interest in any of the lending agreements.
All students and their parents have the right and ability to select the education loan provider of their choice and are not required to use any of the lenders on the preferred lender list, and will suffer no penalty from the University of Bridgeport for choosing a lender that is not on said preferred lender list.
Preferred Lender Chart
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