<p>Our local paper today had a full page ad for Student Lending Works (studentloancountdown.com) My husband saw it and quickly deposited into my lap to check into. We go to orientation in 2 weeks and will then apply for loans - I'm still pretty confused on the whole process - anyone know anything about this loan source?</p>
<p>Anyone else with more info - I"m totally not getting this one...</p>
<p>Chandler has it right...from what I can tell Student Lending Works is a nonprofit that lends out federal loans. According to the rep there, they get tax-free money from the State of Ohio to lend out Stafford loans and PLUS loans at discounted rates. It seems that the discounts are only available to Ohioans so it may be a special program created by the state...might be worth looking into</p>
<p>Sure wish I knew someone who REALLY has the insight into this....</p>
<p>We're going to orientation next Friday - maybe they will tell us something...</p>
<p>I know the answer to this - sorry it took me so long to find this forum and answer your question. Here is the scoop - Student Lending Works is a non profit and does have the support of the state of Ohio to get tax exempt funding which allows them (Student Lending Works) to pass the savings directly to the consumer - OHIO consumers. To qualify for their loans and this discount you must either live in Ohio regardless of where you got to school or attend an Ohio college regardless of where you live. That's it!! Even if you have already borrowed from other lenders in the past you can always switch to them when and if you need some more stafford, plus, grad plus and consolidation loans.</p>
<p>How do I know all this? I used to work for them, I've also worked for Sallie Mae but now I am out of the business but I did that for the past 30 years so I know the inside scoops!!</p>