All student loans are divided into at least two disbursements. Federal regulations require that the second disbursement be made at least half way through the time period. Trinity University determines what dates your loan will be disbursed by the semester start dates. Students who have had previous student loans through a bank should remain with the same lender. Stafford Loans are federal loans.
All lenders have federally mandated interest rates therefore the rate is the same for all lenders.
Different lenders use different secondary markets to process your loan. The lenders we have suggested are all processed through Sallie Mae Processing in Killeen, TX or through their own internal processing, as in the case of Educaid. Lenders will differ as far as the services they provide. We suggest these lenders because they provide our students with the best service. Trinity University will notify you of the maximum amount you may borrow through the loan programs.