Private Lender List

IMPORTANT NOTICE: Students should exhaust all Federal student loan eligibility before considering private loans.  Private student loans are not subsidized and not guaranteed by the federal government.  Private loans are based on the applicant’s credit worthiness determined by the lender and may cost more than federal loans.  Amounts are limited to the cost of attendance minus any other aid that the applicant is receiving.  Contact the lender of your choice for specific terms and conditions.  For further information on private loan borrowing, please click here.  

To make the process of selecting a lender easier for you, the following lenders have been chosen to be on the University of Wyoming’s lender list after consideration of the following major criteria: loan cost, loan approval rates, borrower benefits, customer service and technology.  This list is reviewed annually and updated as needed.  For further information on method and criteria for the University’s selection of lenders, please click here.  Students are not required to select a lender on the list provided and the University of Wyoming will not deny, impede or cause unnecessary delays in certifying a loan if a student chooses a lender that is not included on the list.

 

Lender	Origination Fees	Repayment Fees	Borrower Benefits*	Other Benefits
Discover	None	None	0.25%	None
Sallie Mae	0% to 3%	None	0.25%	0.25% interest rate reduction for receiving all communications electronically
SunTrust Bank	None	0% to 6%	0.25%	$300 principal reduction per loan.
U.S. Bank	None	None	0.50%	None
UniWyo FCU	None	None	0.25%	None
Wells Fargo	None	None	0.25%	0.5% interest rate reduction at repayment upon verification of graduation.

Important: Additional conditions may apply, and lenders may change loan benefits without notice. Borrowers should rely solely on the information each lender provides regarding loan terms, interest rates, and benefits and are encouraged to seek details about them.

Warning: Private student loans may not be dischargeable under the Bankruptcy Code.

* Interest Rate Reduction for Borrowers Who Authorize the Automatic Debit of Funds from Checking or Savings Accounts to Cover Their Education Loan Payments

**Total Fee paid if amount Borrowed is $5,500