Stafford Lender List

Note: Any student who is borrowing a Stafford loan for the first time at the University of Wyoming is required to choose a lender before their loan can be certified. Your loan(s) must also be accepted on WyoWeb. 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: 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.

Please complete the Stafford Loan Lender Form which will link you to the Master Promissory Note (MPN) for the lender of your choice. If your choice of lender is not listed, please contact the Student Financial Aid office for guidance on completing a Master Promissory Note for that lender.

Lender	Servicer	Interest Rates	Loan Fees	Borrower Benefits*
Discover	Great Lakes	Subsidized: 5.6% Unsubsidized: 6.8% Fixed Rate	Default fee: 1.0% Origination Fee: 0.5% Total Fee**: $82.50 Fee payment at disbursement.	0.25%
First Education FCU	Western States Learning Corp.	Subsidized: 5.6% Unsubsidized: 6.8% Fixed Rate	Default fee: 1.0% Origination Fee: 0.5% Total Fee**: $82.50 Fee payment at disbursement.	N/A
Nelnet	Nelnet	Subsidized: 5.6% Unsubsidized: 6.8% Fixed Rate	Default fee: 1.0% Origination Fee: 0.5% Total Fee**: $82.50 Fee payment at disbursement.	0.25%
Sallie Mae	Sallie Mae	Subsidized: 5.6% Unsubsidized: 6.8% Fixed Rate	Default fee: 1.0% Origination Fee: 0.5% Total Fee**: $82.50 Fee payment at disbursement.	0.25%
Wells Fargo	Wells Fargo	Subsidized: 5.6% Unsubsidized: 6.8% Fixed Rate	Default fee: 1.0% Origination Fee: 0.5% Total Fee**: $82.50 Fee payment at disbursement.	N/A
Wyoming Student Loan	Western States Learning Corp.	Subsidized: 5.6% Unsubsidized: 6.8% Fixed Rate	Default fee: 1.0% Origination Fee: 0.5% Total Fee**: $82.50 Fee payment at disbursement.	N/A

Important: The lender reserves the right to modify, extend, or discontinue these benefits at any time without notice. Borrower benefits may be terminated in the event of a default or failure to meet qualification criteria.

Warning: Federal 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