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Lender Information
Choosing a Lender
McMurry University is not endorsing any particular lender listed below. Borrowers are free to use any FFELP lender who will make loans for attendance at McMurry University. McMurry Financial Aid Office will certify any eligible FFELP loan with any participating FFELP lender. As of 04/01/09, lenders still involved in FFELP and indicating available funding, willingness to lend, organization and servicing capabilities and customer service dedication to all McMurry borrowers will remain listed for the 2009-2010 academic year. Additional lenders will be added as needed in an attempt to assist McMurry borrowers in limiting the number of lenders/servicers holding their loans at repayment.
Choosing a lender is an important decision. You will want to ask yourself many questions when deciding which lender to use:
| • Does the lender offer any discounts, rebates or interest reduction programs? |
| • Does the lender hold any prior student loans that I may have? If you already have a student loan, it is best to continue borrowing from the same lender. |
| • Does the lender sell its student loans? Many lenders sell their loans to secondary markets. |
| • Some credit unions require credit union membership, even to borrow student loan. |
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