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Why does Benedictine College have a preferred lender list?

benedictine college Lender list
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Why does Benedictine College have a preferred lender list?

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Benedictine College provides a recommended FFELP lender list based on past experience and qualifications; however borrowers are not limited to only these FFELP options. Should you choose to borrow from a lender not provided, contact your lender of choice regarding promissory note completion. All loans are electronically certified online by the College’s Financial Aid Office prior to disbursement and received via Electronic Funds Transfer (EFT) thru ELM Resources.

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