Most schools have a preferred lender list.
Provide attractive loan terms and benefits to borrowers. Provide excellent service to the borrower. You do not have to pick a lender from the list, but it's a good idea to do so if you want to ensure that your application is processed in a timely and accurate manner. Remember, you do not have a choice of lenders for loans under the FDLP and federal Perkins loan programs. Inc. All rights reserved.