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Applying for a Student Loan

  1. Complete the Free Application for Federal Student Aid
  2. Determine how much you will need to borrow
  3. Determine whether you will need to borrow from a private loan program
  4. Select a lender
    1. Have you previously borrowed a student loan?
    2. Do you want combined servicing with your federal loans and any private loans?
    3. Do you want to borrow from a bank where you have other financial relationships?
    4. Do you want the lowest costing loans possible?
  5. Complete the loan applications and sign your promissory notes.
  6. Complete the Loan Entrance Quiz

 

Selecting a Lender

There are many lenders participating in the Federal Stafford and PLUS programs. Chamberlain College of Nursing respects a student’s right to select a lender and will process all applications without bias.

Students choose to work with a particular lender for many reasons, including; previous experience, other financial relationships, combined servicing with other loans, better terms or the recommendation of friends or the school. Chamberlain works with numerous lenders each year and will honor a student's request to use the lender of their choice.

Chamberlain provides a list of recommended financial service providers for those students unsure of whom to use. Recommended financial service providers include:

 CHASE SallieMae  Wachovia Wells Fargo 

Providers appearing on this list were selected from responses to a DeVry-issued Request for Proposal. All have demonstrated the ability to quickly and reliably deliver student loan funds. Additionally, the recommended providers were selected based on their commitment to:

  • Timely and accurately deliver student loan funds (this included an assessment of prior performance)
  • Lifetime servicing of your student loan
  • Develop and deliver financial literacy information and materials for students
  • Provide supplemental assistance (Private Loans) to students needing additional funding to meet their educational expenses
  • Reduce the costs of student borrowing

To select a lender, all you have to do is notify your student finance advisor of the lender you wish to work. For more information on participating lenders, lender codes, and to select a different lender, visit Finaid.Org. If you would like to work with one of our recommended providers, simply click on the link below.

Chamberlain College of Nursing Recommended Financial Service Providers


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