List of ISAC's Participating Lenders

It is the Illinois Student Assistance Commission's policy to pay half of the federally-mandated 1% Default Fee on behalf of the borrower. Each lender designated with an asterisk (*) has agreed to pay the other half of the default fee on behalf of the borrower. Paying the Default Fee is just one of the many ways lenders and other Federal Family Education Loan Program (FFELP) participants can defray the costs to a borrower. A borrower and the school should examine the entire loan product to identify which product or lender offers the most desirable loan package to the borrower. Disclaimer

	826878	Citibank
	831453	Edamerica, Inc.
	802218	Sallie Mae
*	807176	Wells Fargo EFS
	830005	Wachovia Education Finance
	802828	National City
	808780	Fifth Third Bank
	831846	Bank of America
	808851	Access Group
*	826351	**IDAPP (Illinois Designated Account Purchase Program)
	807807	JP Morgan Chase
	808857	JP Morgan Chase
*	813979	Commerce Bank, St. Louis
*	806746	Bank of America
	803238	The National Bank
*	803000	JP Morgan Chase
*	824697	Oxford Bank
	829076	Nellie Mae
*	808888	National City Bank
	818334	Bank of America
	808877	National City Bank
	822206	National Bank and Trust
	814548	US Bank
	811735	Bank of America
	824573	Nelnet Academic Loan
	808140	RBS Citizens, NA
*	802844	US Bank
	811925	JP Morgan Chase
*	818590	JP Morgan Chase
	819967	Seaway National Bank
	834119	Goal Financial
	827954	Guaranty Bank
	833067	Wilmington Trust Co.
	812205	LaSalle Talman Bank
	823790	LaSalle Bank
	819628	JP Morgan Chase
	808732	JP Morgan Chase
	813760	Key Bank
	810612	Regions Bank
	831455	Student Loan Funding
	833669	National Education Loan Network
	834240	Collegiate Solutions
*	807772	Five Star Bank
	833079	AMS Education Loan Trust
	811930	US Bank
	812216	Deere Harvester Credit Union
	833953	CHELA Educational Funding
	833669	National Ed Loan Network INC
	803185	People's National Bank
	826884	JP Morgan Chase
	833962	Studentloans.com
	822908	US Bank
	830868	ASAP/Union Bank and Trust
*	802913	US Bank CO Nelnet Denver
	820043	Washington Mutual Bank
	826688	Kentucky Higher Education
*	834059	Bank of New York
	806733	SmartFunds
	833361	Student Loan Funding
	833860	Fifth Third Bank
	811949	M & I Bank
	833599	Wachovia Education Finance
*	830344	Montana Higher Ed
	830630	Southwest Student Services Trust
	809081	Stillwater National Bank & Trust
	815961	United Missouri Bank
	819873	Suntrust Bank
	802812	1st Midwest Bank
	833820	Education Solutions Trust
	803050	Harris Trust and Savings Bank
	811323	Wachovia Education Finance
	828478	Associated Bank
	833471	AMS Education Loan Trust
	827931	Healthcare Associates CU
	833067	Wilmington Trust Co.
	830548	Citibank
	817987	Citizens State Bank
	817999	First National Bank
	821338	Great Lakes Credit Union
	829603	First Federal Bank
	831495	Bank of America
	802445	Wachovia Education Finance
	801871	Bank of America
	803279	Midamerica National Bank
	831036	Independence Federal Savings
	814668	MCM Savings Bank
	813830	Wachovia Education Finance
	803238	The National Bank
	803694	Old National Bank
	812216	Deere Harvester Credit Union
	803223	South Shore Bank
*	809921	PNC Bank
	824943	Harris Bank Aurora
	833702	Nelnet Student Loan Corp
	829988	Nellie Mae
	830308	Nellie Mae
	830151	Southwest Student Services
	833081	Student Loan Funding
	803688	Fifth Third Bank
	802731	Aurora National Bank
	802786	CP Burnett & Sons Bankers
	802843	Deere & Company Credit Union
	802978	First National Bank
	802983	Watseka 1st National Bank
	802991	1st National Bank Chicago Heights
	803017	First Bank and Trust
	803032	Harris Bank Frankfort
	803061	Herrin Security Bank
	803070	Illinois Guaranty Savings & Loan Assn
	803128	1st Community Credit Union
	803242	State Bank of Blue Mound
	803799	Terre Haute First National Bank
	804860	M & I Bank
	805974	JP Morgan Chase
	807510	Wachovia Education Finance
*	808588	Bank One Education Finance
	810509	Wells Fargo EFS
	811078	Zion's First National Bank
	811111	Suntrust Bank
	811353	Suntrust Bank
	821211	Land of Lincoln Credit Union
	814076	Argonne Credit Union
	817781	Erie State Bank
	817845	Bank of O'Fallon
	817987	Citizen's State Bank
	819648	University National Bank
	820175	Standard Bank & Trust
	820564	Suntrust Bank
	820759	Oakbrook Bank
	821338	Great Lakes Credit Union
	822660	Comerica Bank
	824690	Bank One Education Finance
	824756	Citibank
	825265	Harris Bank Glencoe-Northbrook
	826688	Kentucky Higher Education
	827116	Student Loan Fund of Idaho
	827438	Midland Savings and Loan
	827511	SIU Credit Union
	827826	Jacksonville Savings Bank
	828654	Success National Bank
	828801	The Bank of Carbondale
	829503	AES/PHEAA
	829631	Danville Bell Credit Union
	829691	Zion's First National Bank
	829806	Chicagoland Federal Credit Union
	829856	People's National Bank
	830288	Members Choice Credit Union
	830525	LaSalle Bank
	830725	First Federal Bank, FSB
	830931	Missouri Higher Education Loan
	831300	Nelnet
	831593	JP Morgan Chase
	832057	JP Morgan Chase
	832339	JP Morgan Chase
	832482	Kemba Peoria Credit Union
	832775	Bank One Education Finance
	832876	Community Bank of Elmhurst
	832934	JP Morgan Chase
	833086	Bloomington Postal Emp CU
	833100	Southwest Student Services
	833127	Premier Financial Services
	833153	Lincoln Park Savings Bank
	833171	Peoria Postal Employees CU
	833174	JP Morgan Chase
	833207	Student Loan Funding
	833211	JP Morgan Chase
	833212	Student Loan Funding
	833214	Student Loan Funding
	833218	Champaign Bell Credit Union
	833260	First Northwest Bank
	833405	Student Loan Finance Corp
	833408	Principal Bank
	833487	JP Morgan Chase
	833495	EMT Corp
	833501	NHELP
	833526	First Chicago
	833570	Access Group
	833666	Wells Fargo Bank
	833721	Wells Fargo Bank
	833751	JP Morgan Chase
	833789	Zion's First National Bank
	833796	Bank of Quincy
	833810	Carnegie Student Loans
	833820	Education Solutions Trust
	833910	Bankers Trust Company
	833911	Bankers Trust Company
	833918	Bankers Trust Company
	833925	Lehman Brothers Bank
	833960	Access Group
	834072	SLM Education Loan Corp
	834349	Student HELP Foundation
	803258	JP Morgan Chase
	832919	JP Morgan Chase
	834173	Deutsche Bank

** The Illinois Designated Account Purchase Program (IDAPP) is an affiliate of the Illinois Student Assistance Commission's guarantor program as follows:

The Illinois Student Assistance Commission (ISAC) is created by the Higher Education Student Assistance Act (110 ILCS 947,
et. seq.).

ISAC is a ten member Commission that is responsible for administering guarantor and secondary market functions of the Federal Family Education Loan Program (FFELP) for the State of Illinois, among other higher education financial aid programs. Each of these FFELP functions is administered by staff as a distinct division of ISAC. The FFELP secondary market does business as the Illinois Designated Account Purchase Program (IDAPP) and the FFELP guarantor is commonly referred to as "ISAC."

Disclaimer

This is not a recommendation of lenders. The Illinois Student Assistance Commission (ISAC) provides this list as a public service to those interested  in choosing ISAC as its guarantor. The list contains the names of lenders that have applied to participate in ISAC's guaranty program and have been determined to be qualified to participate in the program pursuant to federal regulations. ISAC was not offered by, and did not solicit or receive from, the lenders included on this list, financial or other benefits in exchange for inclusion on this list. 

Schools are not required to recommend these lenders or ISAC as guarantor to students, and students remain free to choose the lender and/or guarantor of their choice. No adverse action, including the assessment of additional costs or the denial of benefits, will be taken against a school that chooses to recommend lenders other than those listed here. Nor will any adverse action be taken against students who choose lenders other than those listed here. Please note, however, that ISAC would not be able to guarantee the loans in that case.