Recommended Lenders
A Central Pennsylvania College Recommended Lender should provide a reliable contact person to assist with problem resolution and provide current information about products on a regular timely basis.
Students have the right and ability to select the lender of their choice.
| Recommended Lenders |
Central Pennsylvania College Recommended Lender Criteria: |
Stafford Lenders
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Stafford Loans:
- Participate in PHEAA's Keystone Best Program
- Offer low origination fee
- Disburse funds electronically (EFT) through PHEAA's Fund Transfer Origination System
- Participate in e-signature
- Provide excellent customer service
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PLUS Lenders
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- Disburse funds electronically (EFT) through PHEAA's Fund Transfer Origination System
- Provide an optional forbearance which would allow parent to defer PLUS payment
- Offer On-line per-approval process
- Offer competitive fees and interest rates
- Provide excellent customer service
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Private/Alternative Loans
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- On-line application process
- Provide the option for EFT Disbursement
- Offer competitive fees and interest rates
- Provide excellent customer service
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For additional information on loans, contact Central Penn's Financial Aid Office at
financial-aid@centralpenn.edu or call 1-800-759-2727.