Federal PLUS Loan Lender Denial Rate
If you have a checking or savings account at a financial institution and you have established a good relationship with that institution, you may consider contacting your bank to see if they offer student loans. If you have a lender in mind and would like to receive their contact information, click the following link to go to the Lender Search page.
The Federal PLUS Loan Lender Denial Rate Chart provides a basic summary of the credit denial rates of lenders for Santa Clara University families. It is not intended to be used as a guide.
Federal PLUS Loan Denial Rate Chart 2009-10
| Lender | Total Credit Denied | Total Certified | Total Loan Applications per Lender | Percentage Credit Denied by Lender |
| All Signature Student Loan | 4 | 27 | 31 | 13% |
| AMS | 2 | 5 | 7 | 29% |
| Chase JPM | 11 | 27 | 38 | 29% |
| Chela/USA | 7 | 27 | 38 | 29% |
| Citibank SLC | 22 | 67 | 89 | 25% |
| Nellie Mae | 3 | 14 | 17 | 18% |
| PNC | 1 | 0 | 1 | 100% |
| Sallie Mae Loan | 20 | 99 | 119 | 17% |
| US Bank | 4 | 6 | 10 | 40% |
| Wachovia | 3 | 8 | 11 | 27% |
| Wells Fargo | 24 | 64 | 88 | 27% |
Updated October 31, 2009
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