NYUCD students, plz help

[luvkami]

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I'm trying to choose a lender for Grad Plus loan but there's just too many lenders to choose from..Which lender do you think is the best? 😕

 

[714guy]

Which kind of loans are guys/gals getting a fixed loan rate or variable (currently lower)? How many loans are you getting beside the federal stafford loans?

OP I am was think about the citibank as a lender. I think for the Grad Plus the interest is fixed 8.50% so you really only have to look at the loan fees, citibank is 0% with excellent credit. Also the terms of the loan like how long you have to repay it, the longer the better just in case.

good luck.

 

[luvkami]

Which kind of loans are guys/gals getting a fixed loan rate or variable (currently lower)? How many loans are you getting beside the federal stafford loans?

OP I am was think about the citibank as a lender. I think for the Grad Plus the interest is fixed 8.50% so you really only have to look at the loan fees, citibank is 0% with excellent credit. Also the terms of the loan like how long you have to repay it, the longer the better just in case.

good luck.

I'm getting stafford sub&unsub and grad plus. i prefer fixed rate because variable rate really depends on your credit/your co-signer's credit-from my understanding it can be much lower than 8.5% but it can also go over 8.5%..please correct me if i'm wrong.
I'm leaning toward nellie mae and citibank since they're NYU's preffered lenders but i found out that citibank charges origination fee when nellie mae has no fees...

 

[Phamdh23]

I'm getting stafford sub&unsub and grad plus. i prefer fixed rate because variable rate really depends on your credit/your co-signer's credit-from my understanding it can be much lower than 8.5% but it can also go over 8.5%..please correct me if i'm wrong.
I'm leaning toward nellie mae and citibank since they're NYU's preffered lenders but i found out that citibank charges origination fee when nellie mae has no fees...

You are right about the interest rate depending on the credit. Why dont you try applying without a co signer and one with a cosigner. You can compare the interest rate between the two than choose.

 

[udonzilla]

I'm getting stafford sub&unsub and grad plus.

i was wondering if anyone filled out the online application for sub and unsub stafford loans and their grad plus on www.hesc.com yet. i think we have to decide which lender we want to borrow from before accepting the sub/unsub stafford loans. i tried to do the stafford sub and unsub first but hesc.com didn't let me continue.

i also think we are suppose to wait for info from hesc.com but i just wanted to try early.

 

[luvkami]

i was wondering if anyone filled out the online application for sub and unsub stafford loans and their grad plus on www.hesc.com yet. i think we have to decide which lender we want to borrow from before accepting the sub/unsub stafford loans. i tried to do the stafford sub and unsub first but hesc.com didn't let me continue.

i also think we are suppose to wait for info from hesc.com but i just wanted to try early.

i filled out the application for stafford loans a week ago and didn't have any problems continuing the process. however, after submitting the application i decided to look for lenders that offer zero fees so i called hesc and cancelled my application..i'm just going to wait til i get info from hesc. anyone received info packet from them yet?

 

[Cymbidium]

Nothing from HESC yet. The "Award Letter" - if that's what you want to call it - siad we should have received something by May 15? At least that's what I wrote on my calendar.

 

[udonzilla]

Nothing from HESC yet. The "Award Letter" - if that's what you want to call it - siad we should have received something by May 15? At least that's what I wrote on my calendar.

yeah, may 15th. nyu's financial aid website said we should receive information from hesc within 3 weeks of our award letter.