SimpleTuition, Inc., a company dedicated to helping students and parents make sense of their education financing choices, today announced that the IEEE, the world's leading professional association for the advancement of technology, has selected SimpleTuition to help its members compare, analyze, and apply for education financing direct from the IEEE website. Beginning in April, the service will be available to members attending or planning to attend U.S institutions of higher education.
BOSTON (BusinessWire EON) March 5, 2007 --
SimpleTuition, Inc., a
company dedicated to helping students and parents make sense of their
education financing choices, today announced that the IEEE, the world’s
leading professional association for the advancement of technology, has
selected SimpleTuition to help its members compare, analyze, and apply
for education financing direct from the IEEE
website. Beginning in April, the service will be available to members
attending or planning to attend U.S institutions of higher education.
IEEE, with more than 365,000 members worldwide, including over 70,000
students, is the world’s largest technical
professional society and a leading authority on a wide variety of areas
ranging from aerospace systems, computers and telecommunications to
biomedical engineering, electric power and consumer electronics. To
foster an interest in the engineering profession, IEEE serves student
members in colleges and universities around the world with more than
1,500 active student branches. By partnering with SimpleTuition (www.simpletuition.com),
IEEE gives members access to the most up-to-date, objective student loan
information available.
“We are committed to providing resources and
information to members attending universities and colleges. As our
student member population continues to grow, we want them to be able to
focus on their studies instead of the time-consuming process of
determining which loan offers the best value for their personal
situation,” said Mirelle White, senior
administrator, marketing & affinity partnerships, IEEE, “SimpleTuition
offers an independent student loan comparison resource that allows our
student members attending U.S. schools to select the right loan options
to finance their degree.”
Since its launch in May 2006, SimpleTuition has helped thousands of
families determine the best loans for their needs. The company currently
offers research and comparison information for more than 50 student loan
products from 25 lenders.
“SimpleTuition is dedicated to helping parents
and students understand the process of finding the best student loan. By
working with organizations like IEEE, we can help its members who are
planning to further their education, by offering an independent student
loan resource,” said Kevin Walker, President
and CEO, SimpleTuition, Inc.
Student loan information, including Private,
PLUS, Stafford, GradPLUS,
Federal
Consolidation loans and Private
consolidation, can be sorted by monthly payment, total cost of the
loan, number of payments, first payment due date and APR. With direct
links to the financial institution’s online
application, the entire process can be completed online or via a toll
free call. SimpleTuition is not a lender itself.
About SimpleTuition, Inc.
Founded in 2005, SimpleTuition is dedicated to helping students and
parents make sense of education financing options. Recently featured as
one of Fast Company’s Top 12 Web 2.0
sites, SimpleTuition is the leading company to offer an independent and
objective solution for researching and comparing private, PLUS,
Stafford, GradPLUS, federal consolidation and private consolidation
loans. SimpleTuition is headquartered in Boston, Massachusetts and is
funded by Atlas Venture, IDG Ventures Boston and North Hill Ventures.
For more information visit www.SimpleTuition.com.
About the IEEE
The IEEE (Institute of Electrical and Electronics Engineers, Inc.) is
the world’s largest technical professional
society. Through its 365,000 members in 160 countries, the society is a
leading authority on a wide variety of areas ranging from aerospace
systems, computers and telecommunications to biomedical engineering,
electric power and consumer electronics. Dedicated to the advancement of
technology, the IEEE publishes 30 percent of the world’s
literature in the electrical and electronics engineering and computer
science fields, and has developed more than 900 active industry
standards. The organization also sponsors or co-sponsors nearly 400
international technical conferences each year.
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