Graduate PLUS Loan Comparison Chart

The Office of Student Financial Services is committed to securing and sharing with our students and their families accurate information about the best available rates, benefits and service.  Our research indicates that the lenders and loan products listed below offer our students excellent customer service, competitive interest rates and borrower benefits. Georgetown students are not, however, required to select a lender from this loan comparison chart; students are free to select any eligible lender for their loans and will not be penalized by the University for doing so.  If you encounter a loan program that you would like us to review for potential inclusion here, please provide the information to the Office of Student Financial Services.  Please see the text below for information about loan processing.*

• 0.00% Default Fee
• 3.00% Origination Fee
• 0.25% interest rate reduction for payments made by auto debit

Sallie Mae Education Trust
Lender code: 802218

• 0.00% Default Fee
• 3.00% Origination Fee
• 0.25% interest rate reduction for payments made by auto debit
• Upromise Loan Link^SM**

SunTrust Bank
Lender code: 820564

• 0.00% Default Fee
• 3.00% Origination Fee
• 0.25% interest rate reduction for payments made by auto debit
• Upromise Loan Link^SM**

Other Lender

• Please consult these lenders for the specific details pertaining to their current rates and benefits. Please read the text below for processing instructions.

*The Office of Student Financial Services is committed to providing the students and parents of Georgetown University the best customer service, regardless of your choice of lender.  Students who choose to utilize a lender specifically named on the loan comparison chart will be able to complete all of their loan processes on-line.  Students who choose to utilize a lender not in any way referenced on the comparison chart will need to contact the lender directly to complete an application with them.
 
The Office of Student Financial Services has recently increased the number of lenders from which it can receive funds in the form of an electronic transfer.  If you select your lender from the “Other Lender” section, you will be directed to Sallie Mae’s Opennet website.  On this site, you will be able to complete an electronic master promissory note with your designated lender.  Sallie Mae is merely acting as an electronic disbursing agent for your funds and does not have any involvement with the terms and conditions of your loan.  Sallie Mae’s relationship with these lenders has been established solely to facilitate the on-line processing of your master promissory note and the electronic transfer of your funds.

If your lender is not listed on our loan comparison chart or referenced in the "Other Lender" section, we are unable to process any aspect of your loan electronically.  You will need to complete your application directly with the lender. The lender will send us a paper certification request and your funds will disburse in the form of a paper check that is mailed to the Office of Student Financial Services. With the paper process, the estimated financial aid will remain on the student account, but the deposit of actual funds may be delayed.  We will process your loan as expeditiously as possible.

This chart and the accompanying lenders are reviewed and updated annually.

Your student loan may be resold at any point after disbursement. Please contact your lender directly for additional information.

**Students and parents who join Upromise^® can link their eligible Sallie Mae-serviced loan account to their Upromise account and designate all or a percentage of the rewards earned through Upromise to help pay down their student loan balances.