For information regarding using these funds for summer school, please
see the summer
financial aid page.
Apply online through any participating lender. TCU's lender recommendations
are listed below. Unless you are not satisfied with the service you
receive, you should choose the same lender for each loan you borrow
while enrolled in school. Federal law states that a borrower
may choose any lender participating in the FFELP program for a federal
loan.
How
do I choose a lender?
This loan is available for the parents (natural or adoptive parent,
or the spouse of a parent whose information is included on the FAFSA)
of dependent undergraduate students only. FAFSA is required, and students
will be offered Stafford loan eligibility before additional loans will
be certified. The maximum of the PLUS loan is TCU's cost of attendance
minus other financial aid. PLUS loans have an 8.5% fixed simple interest
rate. Interest accrues immediately; most lenders offer forbearance of
the loan while the student is enrolled at least half time. The lender
you choose will check your credit for eligibility. We recommend that
you electronically sign (e-sign) your loan application.
A credit denial on the PLUS loan may create additional Stafford loan
eligibility for the student. Contact Financial Aid Office for details.
TCU Lender Recommendations
| Name
of Lender |
Lender
Code |
Servicer's
Address/Phone |
| |
807176 |
Wells Fargo
P. O. Box 5185
Sioux Falls, SD 57117
(800) 658-3567 |

(former Bank of America borrowers with lender code 806746,
former Chase borrowers with lender code 807807, and other
students whose former lenders used Sallie Mae for servicing
can use Sallie Mae Education Trust to retain Sallie Mae
servicing)
|
802218 |
Sallie Mae Loan Servicing
P. O. Box 12229
Killeen, TX 76547
(888) 272-5543 |
| |
833669 |
Nelnet, Inc.
PO Box 82596
Lincoln, NE 68501
(877) 804-3603
|

(former
Frost borrowers can select Compass Bank to retain NTHEA/
HESC servicing & benefits)
|
833443 |
NTHEA/ HESC
1250 East Copeland Road, St 200
Arlington, TX 76011-4921 (800) 813-4372
|
|
803000 |
Chase Education Finance
Priority Processing
1 E. Ohio St., IN1-0104
Indianpolis , IN46277
(800) 487-4404 |