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In addition to completing the FAFSA, there are three steps that must be completed when applying for a Federal Stafford or PLUS loan:
- Select a lender
- Sign a Master Promissory Note (MPN)
- Complete the Loan Entrance Quiz
DeVry's Preferred Lenders
There are many reasons why students choose to work with a particular lender, including; previous experience, other financial relationships, combined servicing with other loans, better terms or the recommendation of friends or the school. DeVry works with hundreds of lenders each year and will honor a student's request to use the lender of their choice.
DeVry does provide a preferred lender list for those students unsure of whom to use. Lenders appearing on this list were selected from responses to a DeVry-issued Request for Proposals. All have demonstrated the ability to quickly and reliably deliver student loan funds. Additionally, preferred lenders were selected based on their commitment to:
- Timely and accurately deliver student loan funds (this included an assessment of prior performance)
- Develop and deliver financial literacy information and materials for DeVry students,
- Provide supplemental assistance (Private Loans) to students needing additional funding to meet their educational expenses,
- Reduce the costs of student borrowing,
- Develop and deliver professional training for student finance staff.
Selecting Your Lender
To select a lender, all you have to do is notify your student finance advisor of the lender you wish to work with or provide a lender code in the award information on your financial aid award at my.devry.edu. For more information on participating lenders, visit Finaid.Org. If you would like to work with one of our preferred lenders, simply click on one the links below:
Undergraduate Students Loan Applications
Graduate Students Loan Applications
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