Private Loan Lender List


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   The lenders in the Lenders List below are listed because they meet two or more of the following criteria:

  • They offer low origination fees.
  • They offer the lowest interest rates available.
  • They offer incentive repayment programs and/or other benefits.
  • They have local branches and/or local representatives.
  • They have established a good working relationship with Westminster over the years.

   Please be sure to compare the fees and terms of all student loan products and determine which are best suited to your needs.

    Disclaimer: The private Loan information presented in the table is as of April 14 2010. Please read carefully the disclosure statement provided by your lender to verify that this information has not changed.

 LENDERS LIST

Bank Name and Loan NameOrigination FeesDefault Fees Deferred Payments Interest Rates for Subsidized and Unsubsidized loans Interest Rate Reductions For Automatic Debit PaymentsBranches 
National City Bank/PNC0.5 %1 %While attending at least half time6.8 % 0.25 % after Jan. 15, 2009 Local Representative 
PNC Bank0.5 %  after July 1, 20091 % after July 1, 2009 While attending at least half time 6.8 % 0.25 %Local Representative and Local Branch 
Suntrust0.5 % 1 % afterJan. 09 While attending at least half time 6.8 %0.25 % Local Representative and Local Branch