Graduate Leverage(R), an educational debt advisory service, announced today that it will be launching its undergraduate division, Collegiate Leverage at the annual National Association of Financial Aid Administrators (NASFAA), July 8-11 in Washington D.C.. Graduate Leverage will also unveil a new analytic platform, Insight(TM), and the company's co-founders, Andrew Solomon and Dan Thibeault, will present an informational session on "Demystifying Borrower Benefits."
WALTHAM, Mass. (BusinessWire EON) July 5, 2007 --
Graduate Leverage®, an educational debt
advisory service, announced today that it will be launching its
undergraduate division, Collegiate Leverage at the annual National
Association of Financial Aid Administrators (NASFAA), July 8-11 in
Washington D.C.. Graduate Leverage will also unveil a new analytic
platform, Insight™, and the company’s
co-founders, Andrew Solomon and Dan Thibeault, will present an
informational session on “Demystifying
Borrower Benefits.”
Graduate Leverage (GL) has established itself as the premier student
loan advisory service by utilizing custom analytics and debt management
tools to help more than 65,000 graduate students identify the
lowest-cost lender based on their individual circumstances. Due to the
increased need for transparency and information, Graduate Leverage
expands its services to meet the specific needs of undergraduate
students, their parents, and financial aid officers. The Collegiate
Leverage website, www.collegiateleverage.com,
will feature analytical tools that will enable users to easily research
and compare loan options on their own. Collegiate Leverage also has a
dedicated team of advisors that will provide free consultations directly
to borrowers.
GL is also excited to introduce Insight™, a
new analytics platform, available at both www.collegiateleverage.com
and www.graduateleverage.com.
This proprietary program provides users with clear visibility across a
variety of lender benefits, incentives and loan offerings. Insight™
is the only multi-lender evaluation tool provided without funding or
payment from any third-party lender, providing clear, objective analysis
to empower financial aid officers, students, and parents to make the
most cost-effective and educated debt decisions.
“Students today –
whether graduate or undergraduate – face the
same three challenges in paying for their education: tuition costs are
already extremely high, and continue to rise; there are myriad of
complicated borrowing options available; and there is little objective,
clear information to help borrowers figure out the loan options that are
right for them individually,” said Mike
Tassone, president of Collegiate Leverage. “By
launching Collegiate Leverage and enhancing the analytical tools
available to both our graduate and undergraduate students, we are
helping students find the lowest cost loans, thereby mitigating the
financial strain associated with obtaining an education.”
Graduate Leverage to present at NASFAA
Graduate Leverage co-founders Andrew Solomon and Dan Thibeault will
present at the NASFAA conference on “Demystifying
Borrower Benefits.” The sessions will be held
on Monday, July 9, 4:15 p.m. – 5:30 p.m. and
Tuesday, July 10, 10:45 a.m. – 12:00 pm. The
goal of the presentation will be to inform financial aid professionals
with an understanding of discounted cash flow analysis that drives APRs
and the five questions to ask all lenders. As the demands of the
financial aid professional become increasingly complex, financial
literacy of lenders' borrower benefit programs becomes extremely
important in understanding a loan’s true cost
and in turn, advising students on the appropriate loan for their
personal portfolio.
To learn more about Collegiate Leverage or Graduate Leverage, or to
receive a personalized loan assessment please visit www.collegiateleverage.com
or www.graduateleverage.com.
About Graduate Leverage
Founded in 2003 by Harvard MBA students, Graduate Leverage is a free
educational debt advisory service that was created to help students
manage their debt effectively. The first student loan intermediary,
Graduate Leverage helps students, parents and financial aid officers
better understand borrowing options in an increasingly complex market by
providing analytical tools, APR analyses and advisory services that
mitigate the cost of borrowing. In its goal to secure the best deals for
all students, Graduate Leverage has helped more than 65,000 students and
originated more than $2.8 B in loans. For more information, visit www.graduateleverage.com.
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