Borrowers have the right and ability to select the education loan provider of their choice and are not required to use any of the lenders on this list. Niagara receives no incentive or benefit from any lender on this list. All of the listed lenders provide loans for Graduate and Undergraduate students to provide funds beyond what federal programs can offer. Students can borrow up to cost of attendance minus financial aid. All loans are variable interest rates unless otherwise indicated.
Niagara University’s Preferred Lender List is developed by surveying lenders on an annual basis in order to provide a resource to assist our students as they research loan options. Lenders are asked to provide information regarding their benefits and services. This includes:
The information is carefully reviewed by the Financial Aid Office at Niagara University annually to ensure that our students receive the best possible service and benefits associated with their private educational loans.
Lenders order is alphabetical. It is best to contact the lender concerning current rates and benefits.
| Lender | Description of Loan |
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| Chase Select Loan www.chaseselectloans.com/ Ph: 866-306-0868 |
The Chase Select Loan is privately sponsored and serviced by Chase Bank. Students can borrow for less than half time, half time, or full time. A co-borrower release option is also available after 36 consecutive on time payments. It can be used to cover previous balances up to 12 months. No fees. No minimum income or employment requirement. Apply online. |
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CitiAssist Loan from CITIBANK
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The Citiassist Alternative Loan is privately sponsored and serviced by Citibank. Students can borrow for less than half time, half time, or full time. A co-borrower release option after 24 consecutive on-time payments. Past due balances are not covered. 0% or 3% fees may apply. $18,500 minimum income or employment requirement. Apply online. |
| Citizen's Bank www.citizensbank.com/trufitstudentloan Ph: 800-708-6684 Disclosure Information |
The Trufit Student Loan is privately sponsored and serviced by Citizens Bank. Students must be enrolled at least half-time in a degree granting program. Cosigner release option is available after 36 consecutive on-time payments. Zero fees. Easy qualification with minimal income requirements. Can cover past due balances up 180 days. Apply online. |
| Discover Certified Private Loan http://www.discoverstudentloans.com Ph: 877-728-3030 8:00am - 12:00am, Sun-Sat (Eastern Time) |
The Discover Private Loans have zero origination fees, competitive interest rates, a 2% Graduation Reward on outstanding principal balance at graduation, and a 0.25% auto debit reward. No payments are due until 6 months after you graduate or enroll in school less than half-time. You must be enrolled at least half time. Past due balances covered up to 6 months. Co-signer release option is not available. No income or employment requirements. Apply Online. |
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New York Higher Education Loan Program (NYHELPs) |
NYHELPs offers a competitively priced private loan with a fixed interest rate up to a maximum of $10,000 per academic year. Must be a New York State resident for the last 12 months. Cosigner is required and must also be a New York State resident for the last 12 months. Must be enrolled at least half-time in a degree granting program. Interest and/or principal payments may be required. Apply Online. |
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PNC Solution Loan |
The credit application on the PNC Solution Loan is good for 180 days. Zero fees. Past due balances are covered up to 90 days. Must be enrolled at least half time in a degree granting program. Co-signer release option is available after 48 on time payments are made. 0.50% interest rate reduction for payments made with auto debit when in repayment. Minimal income requirements apply. Apply Online. |
| Wells Fargo Collegiate Loan www.wellsfargo.com/student Ph: 800-658-3567 8:00am - 10:00 pm, M-F 7:00am - 12:00 pm, Sat (Eastern Time) Collegiate Disclosure Information Graduate Disclosure Information MedCAP Disclosure Information |
The Collegiate Loan is privately sponsored and serviced by Wells Fargo Bank, NA. Students can be less than half time, half time, or full time in a degree seeking program per semester to qualify. A co-borrower release option is available after 24 consecutive on time payments. Past due balances may be covered. Zero fees. $12,000 minimum income requirements. Loan forgiveness on existing and future Wells Fargo private student loans in the event of the death of permanent disability of the student is now available. The Wells Fargo Private Consolidation loan is not eligible. Apply Online. |
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If you would like to shop around and compare private student loans you can go to http://studentlendinganalytics.com/ratings.html |
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