NSU Preferred Lender List

The Office of Student Financial Assistance (OFSA) is committed to ensuring the integrity of the student loan process at Nova Southeastern University (NSU).  In order to provide student borrowers with the opportunity to select a lender that offers the best overall cost savings, quality customer service, and competitive front- and back- end borrower benefits, a list of NSU preferred lenders has been selected through a Preferred Lender List Selection Process. The preferred lenders are and their associated benefits are listed below.

The preferred lender list is a guide prepared for your benefit as a student borrower.  Please be aware that you are NOT required to select a lender from the NSU Preferred Lender List but may provide a lender of your own choice when completing the Lender Change Request Form.

lender name code program benefits
Access Group
General and MPN questions
888-272-5543
808851
  • 0.5% origination fee 1
  • 1% Federal default fee 2
  • 0.25% interest rate reduction with auto-debit with continuous on-time payment
Citibank
General and MPN questions
1-800-967-2400
826878
  • 0.5% origination fee 1
  • 1% Federal default fee 2
  • 0.25% interest rate reduction with auto-debit and agreement to only receive statements electronically
Edamerica
General and MPN questions
888-272-5543
831453
  • 0.5% origination fee 1
  • 1% Federal default fee 2
  • 0.25% interest rate reduction with auto-debit
Sallie Mae Education Trust
General and MPN questions
888-272-5543
802218
  • 0.5% origination fee 1
  • 1% Federal default fee
  • 0.25% interest rate reduction with auto-debit with continuous on-time payments

1 The Lender Origination Fee is a fee paid by the borrower to the lender to cover administrative fees. This percentage will be deducted from your loan disbursements.

2 The Federal Default Fee is a fee charged by the department of education to cover the cost of student borrowers who default on their student loans. This percentage will be deducted from your loan disbursements.