Welcome to the Office of Financial Aid and Scholarship's Lender
Comparison Calculator. Selecting the right lender is an important
decision. You can save hundreds of dollars by choosing a lender with
the lowest up front fees and greatest repayment incentives. Use the calculator to compare fees,
interest payments and the total loan repayment amount. Prospective
borrowers should also read and understand the lender's benefits and
requirements.
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The lender comparison defaults to the student Stafford loan. Parent
borrowers should select PLUS to view lender benefits related to the Parent
PLUS federal loan type.
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The calculator assumes a standard 10-year loan repayment and
defaults to the new fixed interest rates for Stafford (6.8%) and
PLUS (8.5%) loans.
It is also assumed, for the comparison, that the interest rate
remains constant throughout the life of the loan.
New borrowers should estimate using the total or lifetime loan
balance that they plan on securing while enrolled at YSU.
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The following are lenders currently represented on Youngstown State's
preferred lender list. Borrowers will have the opportunity
to select one of the following lenders as part of the loan
application process. The lenders provided by YSU have been chosen due to
historical loan volume or local affiliation. In addition, YSU tries to maintain a preferred lender list of
student loan companies that charge zero fees. However, lenders on our list may charge an origination fee.
YSU will process a loan for any lender the student wishes to use.
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