Welcome
This comparison tool will help you to determine a lender who will best suit your needs as a student loan borrower. You will find comparisons for the following student loan programs:
- Federal Stafford Loans
- Parent PLUS Loans
- Private Alternative Loans
- Consolidation Loans
All new students who haven't already completed a loan entrance interview online should do so before continuing. You can do this online at: Entrance Interview Online
You have the right to use any lender you prefer when taking out student loans.
You will have the opportunity to select a lender from the comparison list that will be provided or you may choose to research other lenders.
Financial Aid Office Contact Info:
The Financial Aid Office is open from 9:00am till 6:00pm Monday through Thursday and 9:00am till 5:00pm on Friday.
You can also reach us by:
Phone 1-800-589-1979 ext. 2222
Email Finaid@clearly.edu
Fax 1-517-522-8022
Lender List Rationale
Cleary University reviews lenders on an annual basis. While Cleary University does not choose lenders for borrowers, we have provided a list of lenders and their loan servicing agencies that are used most often by Cleary Students.
Other things considered:
- Customer service record - We look for lenders who have a proven customer service record in servicing loans and helping students during repayment.
- Automation capability - Lenders who are automated in their processes by using electronic signatures and internet certifications are more likely to process loan disbursements in a timely manner, enabling student to get their loan funds when needed without unnecessary paper delays.
A wide variety of information is available online to assist you in educating yourself regarding loans and lenders. We urge you to consider the following when making your lender of choice:
- Do they provide good customer service?
- Do they participate in electronic transfer of funds?
- Do they offer to pay any loan fees such as the 1% Federal Default Fee?
- Are there benefits offered for on-time payments?
- Do you lose any benefits if you consolidate?
- How long has the lender been in business? Do they have a proven track record?
