| Complete the Electronic Loan Application or Master Promissory Note (MPN). Please skip STEP 2 if you received a PLUS loan at Mott after April 2006.
Preferred Lenders:
The following lenders are on Mott’s preferred list:
Preferred Lender |
For additional borrower benefit information, please contact: |
The lenders' borrower benefits consist of:
|
Charter One Bank |
1-800-721-3969 |
(1) .25% interest rate reduction for making payments using auto-debit.
(2) the 1% default fee is paid by the lender on behalf of the borrower. |
Nelnet Academic Loan |
1-877-804-3603 |
Selecting a Lender:
Although you are not required to select one of the lenders from our preferred lender list, we encourage you to do so to ensure timely electronic processing of loan funds to your student account at Mott. Choosing to borrow from a lender not on our preferred list will extend the processing time and receipt of funds for your loan due to the manual process involved with outside lenders.
If you choose to borrow a PLUS loan from one of Mott's preferred lender's, complete STEP 2 by entering your information into our 
If you choose to borrow from a lender not on our preferred lender list, please contact the lender directly to initiate the completion of an electronic loan application or Master Promissory Note (MPN). |
