Student Loans
Few students can afford to pay for college without some form of education financing. Private Education Loans can help bridge the gap between financial aid and the total cost of education. Some families turn to private education loans when they need more flexible repayment options. For example, a parent might want to defer repayment until the student graduates or may want to spread educational costs over a longer term to reduce the monthly payment. Many private loans allow the student to be the primary borrower and offer co-borrower release options based on on-time payment history.
Although recent changes in the loan industry have reduced the number of student loan lenders, there are many sound lenders who will continue to offer student loans. Several of these lenders are listed below. When researching lenders, the Office of Student Financial Services staff reviewed interest rates, borrower benefits (e.g. interest rate discounts or cash back for on-time payments), electronic delivery of loan proceeds to ensure the timeliness of the loan process, and easy access to customer service.
We also encourage all borrowers to do their own research and select the lender that is best for them. However, please know that we are here to assist you. If you have questions regarding private student or parent loans or need help deciding which loan may be best for you, please contact us. We can be reached at (617) 735-9938 or via email at financialservices@emmanuel.edu.
Chase Select Loan
Website: www.chasestudentloans.com
Telephone: 1-866-816-0747
Citibank CitiAssist Loan
Website: www.citibank.com
Telephone: 1-800-967-2400
Sallie Mae Signature Loan
Website: www.salliemae.com
Telephone: 1-888-272-5543

