Bank of America
The Bank of America Student Banking Group is a full-service, nationwide provider of government-guaranteed and private education loans for kindergarten through graduate school. One of the top education lenders in the nation, Bank of America has been helping students and families meet the costs of education for more 30 years. We offer low interest rate loans, low or no fees, money-saving repayment incentives, and personalized borrower services. In addition, Bank of America’s more than 13,000 ATM’s and 4,000 banking centers nationwide provide students and parents with a one-stop-shop for a variety of banking products and services.
Bank of America has partnered with MOHELA to provide UMSL students with state of the industry borrower benefits. Bank of America/MOHELA Stafford and PLUS Loan borrowers will automatically receive a .5% interest rate reduction immediately upon repayment. Also, all borrowers who choose to have their payments electronically deducted from their checking account will receive a 2% interest rate reduction. Borrowers whose loans are guaranteed by MOSTARS, the Missouri guarantee agency, will receive an additional .5% interest rate reduction.
Choose Bank of America for your Stafford, PLUS and private loans, and let us help you make your education work for you. Visit www.bankofamerica.com/studentbanking to learn more.
Our lender code is 818334. To apply for a PLUS now.