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Chester College of New England offers a variety of student loan options.
2010-2011 Direct Subsidized/Unsubsidized and Direct PLUS Loans.
All Direct Stafford and Direct PLUS loans must be processed via the government website: www.studentloans.gov you must utilize your FAFSA pin number to process. Before a PLUS loan is requested you must fill out a PLUS loan request and mail back to the financial aid office (the PLUS loan request should be available with your financial aid package mailing). If you encounter difficulties with the website please contact financial aid immediately. financialaid@chestercollege.edu
2010-2011 Direct Loan Switch, CCNE will processing all Subsidized/Unsubsidized and PLUS loans via Federal DIRECT loan program. This new program will end processing via lenders. We will require every student who wants to continue receiving a Subsidized or Unsubsidized loan to complete a DIRECT loan promissory note.
2010-2011 Alternative Loans
Here is a list of commonly used Alternative loans that will use the US Prime rate, 91-day T-Bill or the 3 month London LIBOR rate as their base rate for the interest rate they charge. For example, the lender may say that for "excellent credit" they offer LIBOR plus 1%. See the latest Key Market Rates.
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Chester College of New England offers a variety of student loan options.
