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FEDERAL PLUS LOAN RECOMMENDATIONS

In response to requests from families seeking guidance on selecting a lender for the Federal PLUS Loan, we are offering the following recommendations. Borrowers are not limited to these lenders but may choose any lender that participates in the Federal PLUS Loan program. In order to apply for a Federal PLUS Loan, the borrower must initiate the process. You may go to the website Etown Financial Aid office, click on “Loan Information”, “Parent Loans” and scroll down to Federal PLUS Loans to apply through any of the lenders below. To apply through a different lender, go to www.aessuccess.org, click on “Parent PLUS Loans” under the “Student Loans” section and click on “Apply Now”.

We recommend that you utilize lower cost Federal student loans and Parent PLUS Loans before considering a private student loan. See a side by side comparison of Parent PLUS v. Alternative Loans

LENDER INFORMATION/
HOW TO APPLY

SPECIAL BENEFITS AND
INCENTIVES CURRENTLY AVAILABLE

(Subject to change at lenders’ discretion)

CITIZENS BANK

(P) 1-800-708-6684

Apply online now

  • 0.25% interest rate reduction to any customer who makes automatic payments on their loan account from any bank account
  • Delay Repay Option: Postpone payments for at least 48 months

PNC BANK

(P) 1-800-762-1001, Ext. 5

Apply online now

  • 0.25% interest rate reduction to any customer who makes automatic payments on their loan account from any bank account
  • Delay Repay Option: Postpone payments for at least 48 months

EDAMERICA

(P) 1-800-337-1009

Apply online now

 

  • 0.25% interest rate reduction to any customer who makes automatic payments on their loan account from any bank account
  • Full payment deferral for up to four years while student is in school