Carnegie Mellon Lenders

A complete list of Carnegie Mellon's recommended lending partners, including borrower benefits, will be available online after May 15, 2008. Regardless of our recommended lenders, we will process any loan from any lender, federal or alternative. Some lenders participate in the KeystoneBEST Program and offer repayment incentives and interest rate reductions.

KeystoneBEST Benefits:

Benefits for Loans First Disbursed PRIOR
to November 1, 2007

Benefits for Loans First Disbursed on or AFTER
November 1, 2007

  • No up-front fees *

  • AES will pay the 1% federal default fee

  • Immediate .25% interest rate reduction for automatic debit payments for borrowers who maintain elgibility

  • 1% credit of principal loan balance upon graduction

  • Additional credit of .5% of the original principal loan balance after 24 on-time, consecutive monthly payments

  • 2% interest rate reduction after 36 on-time, consecutive monthly payments

  • Flexibility of combined or separate billing for multiple loans.

  • Single point of contact for customer service for the life of the loan.

  • Easy online application process (see the AES website).

  • Easy online access to your loan account (see the AES website).

  • No up-front fees*

  • AES will pay the 1% federal default fee

  • Immediate .25% interest rate reduction for automatic debit payments for borrowers who maintain elgibility

  • Flexibility of combined or separate billing for multiple loans.

  • Single point of contact for customer service for the life of the loan.

  • Easy online application process (see the AES website).

  • Easy online access to your loan account (see the AES website).

* This may be subject to change based on regulatory changes and lender participation.

Reminder: The interest rate is fixed at 6.8%