Why do we list these lenders?
Parent PLUS Loan and Graduate PLUS Loan borrowers choose a lender to provide the capital for their loans. Since there are hundreds of potential lenders willing to make PLUS loans, to assist families in making an informed decision the University culls from the pool a small number of lenders designated as "preferred". Such a designation does not constitute an endorsement by Bradley University. Further, the designation is in no part influenced by any special financial arrangement between the university and lenders or any inducements offered to the institution or its representatives by the lenders. The decision to designate "preferred" lender status is regularly evaluated by the Office of Financial Assistance and is based solely on the merits of the lenders' products (using information provided by the lenders in an RFI process) combined with their proven levels of customer service. The information used to determine "preferred" status is retained in the Office of Financial Assistance and is available for viewing upon request. You are under no obligation to use a Bradley-preferred lender and may freely choose among any loan provider approved by the U.S. Department of Education to fund and/or service PLUS and Graduate PLUS loans. Preferred lenders are listed on the web site ordered by the best borrower benefit package.
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