HOMEW & M HOME
Site Administration The College of William and Mary

Financial Aid
218 Blow Mem. Hall
P.O. Box 8795
Williamsburg, VA 23187

Phone: 757-221-2420
Fax: 757-221-2515
Email:  

Please allow 48 hours for a response, and always include your full name and student ID # with your request.

Financial Aid: Educational Loans

Graduate Student PLUS Loan
2008-09 Lender Information
-

The Grad PLUS Loan will help bridge the gap between the financial aid awarded a student and their cost of attendance. The Grad PLUS loan has a fixed interest rate of 8.5% and can be consolidated with federal Stafford and Perkins loans upon graduation. Unlike the federal Stafford and Perkins loans, however, the Grad PLUS loan requires a credit approval and charges a 3% origination fee.

  • Compare (PDF) the Grad PLUS loan to a Private student loan.
  • Compare the benefits and incentives offered by our preferred lenders, and apply using the links provided on our lender page.

You may borrow from any lender you wish.

In order to serve you best, we have researched and selected lenders through a competitive bidding process that emphasized pricing, customer service and the processing experience of the lender.  These lenders are Nellie Mae, Access Group, and SunTrust.  Students and parents are free to select any lender of their choosing and we will provide the same level of processing regardless of lender choice.  If you would like to borrow through a lender other than one of the listed lenders, please inform our office as soon as possible to ensure timely processing.


2007-08 Lender Information
- THIS IS FOR 2007-2008 ONLY!! Borrowers for 2008-2009 CANNOT use this link!

The Grad PLUS Loan will help bridge the gap between the financial aid awarded a student and their cost of attendance. The Grad PLUS loan has a fixed interest rate of 8.5% and can be consolidated with federal Stafford and Perkins loans upon graduation. Unlike the federal Stafford and Perkins loans, however, the Grad PLUS loan requires a credit approval and charges a 3% origination fee.

  • Compare (PDF) the Grad PLUS loan to a Private student loan.
  • Compare the benefits and incentives offered by our preferred lenders, and apply using the links provided on our lender page.

You may borrow from any lender you wish.

In order to serve you best, we have researched and selected lenders through a competitive bidding process that emphasized pricing, customer service and the processing experience of the lender.  These lenders are Access Group and Citibank.  Students and parents are free to select any lender of their choosing and we will provide the same level of processing regardless of lender choice.  If you would like to borrow through a lender other than one of the listed lenders, please inform our office as soon as possible to ensure timely processing.

 
©2008 The College of William and Mary