State Fair Community College

Welcome to LoanConnect!

You have a choice

Students and parents have a choice when selecting a lender for their educational loans. The National Lender List link below is designed to give you access to the thousands of banks, credit unions and lending institutions from around the country who participate in the Federal Family Education Loan Program (FFELP). A student has the right to choose any lender who participates in this program.

Below you will also find a list of commonly used FFELP lenders who have been found to offer enhanced online services, streamlined loan processes and high levels of customer service. These lenders may also choose to partner with MOHELA in offering benefits like interest rate reduction, loan forgiveness and professional or academic award programs to eligible borrowers.

You may enter a different loan amount than the one below and hit the ‘Next, Display Lenders’ button. You may further compare selected lenders by checking the box next to the particular lenders and hit the ‘Compare’ button. You may also sort the list by clicking on the item heading. Once you have made your decision, select the ‘Apply’ button next to the lender to start the application process.

    (used for calculation purposes only)   Minimum monthly payment is $50.00
 






     Stafford Loan Commonly Used Lenders

Current Interest Rate for:
Undergrad Unsub Stafford & All Graduate Stafford Loan = 6.8%
Undergrad Sub Stafford Loan = 6.0%
Lender   Servicer Monthly Payment # of Payments Total Cost of Loan
U.S. Bank Undergrad Unsub Stafford & All Graduate Stafford MOHELA 57.54 119 6,847.25
Undergrad Sub Stafford MOHELA 55.51 119 6,610.33
View Benefit Details
Undergrad Unsub Stafford & All Graduate Stafford
Fee Savings: 50.00
Reduction Savings: 107.63
# Payments Saved: 1
Total Savings: 157.63
Undergrad Sub Stafford
Fee Savings: 50.00
Reduction Savings: 100.94
# Payments Saved: 1
Total Savings: 150.94
Lender   Servicer Monthly Payment # of Payments Total Cost of Loan
Commerce Bank Undergrad Unsub Stafford & All Graduate Stafford MOHELA 57.54 119 6,847.25
Undergrad Sub Stafford MOHELA 55.51 119 6,610.33
View Benefit Details
Undergrad Unsub Stafford & All Graduate Stafford
Fee Savings: 50.00
Reduction Savings: 107.63
# Payments Saved: 1
Total Savings: 157.63
Undergrad Sub Stafford
Fee Savings: 50.00
Reduction Savings: 100.94
# Payments Saved: 1
Total Savings: 150.94
Lender   Servicer Monthly Payment # of Payments Total Cost of Loan
MOHELA Undergrad Unsub Stafford & All Graduate Stafford MOHELA 57.54 119 6,847.25
Undergrad Sub Stafford MOHELA 55.51 119 6,610.33
View Benefit Details
Undergrad Unsub Stafford & All Graduate Stafford
Fee Savings: 50.00
Reduction Savings: 107.63
# Payments Saved: 1
Total Savings: 157.63
Undergrad Sub Stafford
Fee Savings: 50.00
Reduction Savings: 100.94
# Payments Saved: 1
Total Savings: 150.94
Lender   Servicer Monthly Payment # of Payments Total Cost of Loan
smartFUNDS Undergrad Unsub Stafford & All Graduate Stafford MOHELA 57.54 119 6,847.25
Undergrad Sub Stafford MOHELA 55.51 119 6,610.33
View Benefit Details
Undergrad Unsub Stafford & All Graduate Stafford
Fee Savings: 50.00
Reduction Savings: 107.63
# Payments Saved: 1
Total Savings: 157.63
Undergrad Sub Stafford
Fee Savings: 50.00
Reduction Savings: 100.94
# Payments Saved: 1
Total Savings: 150.94

Haven't found your lender?

MOHELA Lender Partner List

By selecting a MOHELA Lender Partner from the dropdown, you can eSign the Master Promissory Note right now! This makes processing your loan faster and easier!

National Lender List

Search thousands of lenders who participate in the FFEL program by clicking on the link above. If you select a MOHELA Lender Partner (highlighted in green) from this list, you can complete & eSign the MPN now. If you select a Non-MOHELA lender you will have to download and print the MPN, fill it out, and return it to the Financial Aid Office.

It is each lender’s responsibility to notify MOHELA when the above benefits change. MOHELA is not responsible for determining the validity of the information the lenders supply. The lenders listed have the right to modify, expand, or discontinue borrower benefits at any time without notice.

Rates are reviewed annually on July 1. Rate Relief and Public Service Benefits are offered exclusively by MOHELA in conjunction with its Lender-Partners and are available to eligible borrowers in repayment whose loans are owned and serviced by MOHELA. These benefits are not applicable to loans placed in Consolidation. These benefits do not lower the monthly payment, but rather reduce the amount of interest that accrues and results in more dollars being applied to the principal balance of the loan. MOHELA may discontinue offering these benefits to any borrower whose account becomes delinquent or in the event an auto debit is terminated for any reason. Loans guaranteed by Missouri state guarantee agency may qualify for an increased level of Rate Relief.

©2008 MOHELA - Missouri Higher Education Loan Authority - Privacy Policy - Site Disclaimer