Emmanuel College

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Loans & Student Employment

Student Loans

If the student will be the primary borrower, we recommend that the student first apply for financial aid and borrow with federal student loans. If additional financing is needed, you may want to consider one of the loans below. These loans require a co-signer (and offer a co-signer release after a series of consecutive on-time payments) and the option of deferring payments during enrollment. A summary of loan information is below. For more information or to apply, please visit www.afford.com/emmanuel.


MEFA Student Alternative Loan

  • Interest Rate: 8.29% Fixed
  • Fees: 4%
  • Repayment Period: 15 years
  • Co-signer Release: 48 on-time payments
  • Apply Online: MEFA's website
  • Phone Number: 1-800-449-MEFA (6332)

Chase Select Loan

  • Interest Rate: Variable Rate (3 month LIBOR plus 3.90% - 8.50%)
  • Fees: None
  • Repayment Period: 25 years
  • Co-signer Release: 36 on-time payments
  • Apply Online: Chase Select's website
  • Phone Number: 1-866-306-0868.


Citibank CitiAssist Loan

  • Interest Rate: Variable Rate (3 month LIBOR plus 4.75% - 11.50%)
  • Fees: 0 or 3%
  • Repayment Period: 15 years
  • Co-signer Release: 24 on-time payments
  • Apply Online: Citibank CitiAssist's website
  • Phone Number: 1-800-STUDENT (788-3368).


Citizens TruFit Loan

  • Interest Rate: Variable Rate (1 month LIBOR plus 3% - 13%)
  • Fees: None
  • Repayment Period: 15 years
  • Co-signer Release: 36 on-time payments
  • Apply Online: Citizens TruFit's website
  • Phone Number: 1-800-708-6684.

For a list of additional lenders and their contact information, please click here.