Federal Stafford Loan Lender List
ECU will certify a Federal Stafford Loan for any lender you select, assuming you meet all other eligibility requirements.
These lenders offered a variety of borrower benefits such as reduced origination and federal default fees, interest rate reductions for making on-time payments or participating in automatic draft or credit to principal amounts for making on-time payments. You might want to ask the lender how many of their borrowers actually benefit from their repayment benefits before determining which lender offers the best benefits for you. You might want to call these lenders or visit their websites for more information and to evaluate how they treat you as a customer.
First Time Stafford Loan Borrowers: If this is the first time you are borrowing a Federal Stafford Loan, you have to select a lender. After you make your lender selections, first time borrowers record the lender code and email the lender's code, lender name and your ECU Banner ID from your ECU email account to faques@ecu.edu. Your lender will direct you to a website to complete the Master Promissory Note on-line or mail a Master Promissory note to you. Please follow your lender's instruction. If you have any questions about your loan paperwork, please contact your lender. You must also complete Stafford Loan Entrance Counseling about your Federal Stafford Loan debt. Select "Student Loan Counseling Interview" and then select " Stafford Entrance." You must complete your Master Promissory Note and Entrance Loan Counseling before we can disburse loan funds to you.
Previous Federal Stafford Loan Borrowers: ECU will certify your loan eligibility through the same lender you used previously, unless you specifically instruct us otherwise. This is a "best practice" so you have to work with only one lender. If you wish to switch lenders, you may do so by contacting our office in writing.
Lenders You Might Consider: