Private College Student Loan

What stafford loan lender would be the best?

Sallie Mae Education Trust 802218 Effective for loans guaranteed on or after June 9, 2008 0.25% Interest Rate Reduction for automatic debit Nelnet 833669 0.25% interest rate reduction for borrowers who make payments using our auto-debit process. KeyBank 811025 Zero Default Fee .25% interest rate reduction for direct debit payments from any checking or savings account Interest is only capitalized once at the time of repayment Easy online application with e-Signature feature PNC 809402 0 Default Fees with participating guarantors .25% interest rate reduction for auto debit from ANY bank account SunTrust Bank 820564 Effective for loans disbursed on or after June 9, 2008: 0.25% interest rate reduction for borrowers who sign up for ACH Easy online application process and e-signature option Fixed Interest Rate - 6.0% for subsidized undergraduate and 6.8% for unsubsidized 24/7 Online account access No pre-payment penalties Flexible repayment options Wachovia Education Finance 830005 Effective for all loans disbursed on or after July, 1 2008: 0.25% interest rate reduction for ACH No pre-payment penalties Flexible repayment options Free “Money Smart” financial literacy program on line Free Checking, Savings, ATM cards AMS 833067 Effective for loans guaranteed on or after June 9, 2008: 0.25% Interest Rate Reduction for automatic debit

Public Comments

1. Oof...there are lots of horror stories about people paying off student loans 10 years after they graduate...go for scholarships if you can. To me, all the loans look pretty similar...dunno if there's a clear winner.