Private Lender Options

Lender Selection Criteria
The Hobart and William Smith Colleges Request for Information (RFI) procedure consists of using the New York State HESC RFI Generator and e-mailing it to lenders who were selected by the HWS Assistant Director based on availability in NYS, participation in NYSFAAA and past lender/school meetings. In addition to loan availability and communication, the 60+ question RFI covers eight (8) parameters including interest rates, customer service, product availability, repayment options, electronic processing, front end fees, reputation and benefits. When reviewing the responses, these parameters were evaluated and given scores ranging from 1-5, with 5 being the highest.

We also considered the stability of the lenders and the flexibility of the loan programs to meet student needs. We believe the lenders selected have a history of demonstrating their commitment to offering students and families the best private loan options.

Please note that you may borrow from any lender you choose, including others not listed here. We recommend that you thoroughly investigate multiple student loan lenders as the loan terms and conditions may vary. The loan application is completed directly through the lender of your choice, most often on their website. Upon credit approval the lender will send your loan request to Hobart and William Smith Colleges for certification of eligibility.