NASFAA Seeks Feedback on Preferred Lender List
In an effort to help students interested in borrowing private education loans, schools may elect to provide a list of lenders from which to choose based on the institution’s screening for good lending practices and customer service. Schools that do so must adhere to all requirements surrounding lender lists, and take steps to ensure that the resulting list is objective and transparent. Code of Federal Regulations section 601.10.d2 specifies that there cannot be "less than two lenders of private education loans that are not affiliates of each other included on the preferred lender list," but there is no cap on how many may be listed.
Please answer the questions below to share your school's policies on preferred lender lists by 5:00 p.m. ET Monday, February 10, 2020.
Related Content
2024 NAO Training: How to Find Answers to Regulatory Questions Handout
2024 National Student Aid Profile
Robert P. Huff Golden Quill Award
Poll the Pros: Gainful Employment and Financial Value Transparency
Student Aid Index Modeling Tool
Poll the Pros: 2024-25 Aid Offers Results
Original Research - Highlighted Projects
Student Aid Index Modeling Instructions: Version 9.1
The College Completion Crisis Fuels the Student Debt Crisis
Evaluating Student and Institutional Experiences With HEERF
Impacts of COVID-19 Relief Funding on Higher Education
College Board Trends Report Paints Changing Picture of College Cost
NASFAA 2023 Benchmarking Report
Student Aid Index Modeling Tool
2023 National Student Aid Profile
NASFAA Benchmarking Survey Databook
Evaluating Student and Institutional Experiences With HEERF
Protecting Borrowers & Advancing Equity
2022 National Student Aid Profile
Financial Aid Offices Face Intensifying Staffing Challenges Amid Pandemic
2021 National Student Aid Profile
Associate Member Advisory Board Survey Results
Findings from NASFAA & Oracle Survey on Implementation of the Consolidated Appropriations Act (CAA)
Half of US Colleges Surveyed Have Not Started Preparations for the New Student Aid Requirements
Reducing the Burden of Proof: FAFSA Verification and Improving Access to Federal Financial Aid
Report: Majority of Undergraduates Relied on Some Form of Federal Aid
NASFAA & NCAN Verification Survey
NASFAA Member Survey Professional Judgement May 2021
New Study Highlights Evidence to Support Free College Proposals
2021 NASFAA Benchmarking: Salary Update Brief
2021 NASFAA Benchmarking: Salary Update Brief
NASFAA Launches Open-Access ‘Student Aid Reference Desk’ Database
An Analysis of Existing Short-Term Postsecondary Programs
2020 National Student Aid Profile
FAFSA and the Free College Movement
Borrowers' Experience With Student Loan Debt Varies Greatly by Neighborhood, Report Finds
COVID-19 Pandemic Significantly Dampened Students’ Job Prospects and Future Earnings, Survey Finds
2020 Administrative Burden Report
International Study Suggests Tuition, Financial Aid Have Little Impact on Completion Rates
NASFAA’s Golden Quill Award: Robert Kelchen’s Advice to Aspiring Authors
Advertisement