Loans At Mount St. Mary’s University, we believe families should have as much information as possible to make individual loan decisions that are in their best interest. Many families rely on the Financial Aid Office to help them in making this decision by providing information and guidance. In an effort to provide the same personal service as we have in the past, we have worked to stay up do date regarding current Stafford, PLUS, and Alternative information so that we can provide borrowers with the tools to make an informed decision. Last fall, the Financial Aid Office sent an RFI (request for information) to several lenders. From the data we gathered we have chosen 5 lenders for you to compare and choose from, which should make your decision process less cumbersome. We evaluated the lenders in the following three areas and made our selections accordingly. 1. Quality customer service;
2. Loan products, including interest rates, origination fees and life-of-loan servicing; and
3. Post-graduate borrower benefits, including interest rate reductions and other repayment options. We carefully considered our lender selections to provide you with a comprehensive list of lenders so that you can make an informed decision. Furthermore, we will continue to review and improve our practices so that we can better serve you. Our list of lenders will be updated within 24 business hours after we are notified of any changes from the lender. If you prefer to use another lender that does not appear on ous list, it is your right to do so. You should notify your lender that Mount St. Mary's certifies its loans through the ELM Network. Please contact the Financial Aid Office and let us know who your lender will be so that we can expedite the processing of your loan. To begin the application process, select the type of loan for which you wish to apply. | 
