Financial Aid at Mesa Community College

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Student Financial Services

Federal School Code 001077

2008-2009 Preferred Lender List:

The following is our list of Electronic Fund Transfer (EFT) lenders. You can complete your Master Promissory Note (MPN) once you have been awarded a Stafford loan. To verify that you have been awarded go to your student center at My.maricopa.edu.

Lender	Lender Code	Lender Benefits
Southwest Student Services	830630	1% origination fee and 1% default fee. During repayment a 0.25% reduction in interest rate with auto-debit. 24/7 online loan access.
Wells Fargo	807176	1% origination fee and 1% default fee.
Wachovia	811323	During repayment a 0.25% reduction in interest rate with auto-debit. Free student checking.
Nelnet	833669	During repayment a 0.25% reduction in interest rate with auto-debit. Flexible repayment options.
Compass Bank	828078	During repayment a 0.25% reduction in interest rate with auto-debit.
U.S. Bank	815678	During repayment a 0.25% reduction in interest rate with auto-debit.
Ed America	831453	During repayment a 0.25% interest rate reduction for auto-debit payments.

Non-Electronic Funds Transfer (EFT) Lenders:

Federal Student Loans for Bank of America require extra steps since they are a non-EFT lender. Please click on "Bank of America" in the box below to get started.

Non-EFT Lender

Lender Code

Lender Benefits

Bank of America*

824421

During repayment a 0.25% reduction in interest rate for borrowers with B of A checking or savings account and 1st payment is made on time. Reduction will start at 2nd payment.

*Loan funds for B of A, and other lenders not on our EFT lender list, require a school certification to be completed. School certifications are done by our office after the student has been awarded a Stafford loan. Certifications can be done on using a paper certification form, online, or via fax.

Student loan funds from B of A, and other non-EFT lenders, are sent to us in the form of paper checks. This can take 2-4 extra business days to process.

To ensure that we get your non-EFT loan funds to you as soon as possible, please make sure we have your current email address.

You are not required to use one of these lenders, we will certify a loan from any lender who participates in the Federal Stafford Loan Program.