SimpleTuition, Inc., a company dedicated to helping students and parents make sense of education financing choices, today announced the addition of ten leading U.S. institutions of higher education to its growing list of partners. All of SimpleTuition's school partners - now numbering in the dozens - are committed to delivering independent, up-to-date and accurate student loan financing information to students.
NEWTON, Mass. (BusinessWire EON) April 25, 2007 --
SimpleTuition, Inc., a
company dedicated to helping students and parents make sense of
education financing choices, today announced the addition of ten leading
U.S. institutions of higher education to its growing list of partners.
All of SimpleTuition’s school partners –
now numbering in the dozens – are committed to
delivering independent, up-to-date and accurate student loan financing
information to students.
With hundreds of thousands of high school seniors in the midst of
receiving college acceptance letters and making decisions by May 1st,
top of mind is not only which school to attend, but also how to cover
the costs. Financial aid professionals are tasked with helping families
navigate the complex landscape of scholarships, work study, loans and
other aspects of the financial aid package. SimpleTuition assists
financial aid officers by providing families with self-service,
user-friendly tools for making these critical financing decisions.
SimpleTuition, an independently-managed platform, is fast becoming the
resource of choice to help financial aid officers deliver this
information.
For students entering DigiPen Institute of Technology (WA), California
State University at Chico (CA), University of Portland (OR), Willamette
University (OR), New England School of Communication (ME), Mount Hood
Community College (OR), Oregon Institute of Technology (OR), Sheldon
Jackson College (AK), Southwest Oregon Community College (OR), and St.
Joseph’s College (ME) the process for
evaluating and applying for student loans is straightforward with the
help of SimpleTuition.
“More and more students and families are
turning to loans to fund their education. As an office we strive to be
knowledgeable and to provide our students and families with the tools to
make educated decisions about borrowing,” said
Tracey Lehman, Director of Financial Aid at Oregon Institute of
Technology. “Having a resource like
SimpleTuiton.com to share with parents and students is tremendously
helpful and allows us to provide valuable information to students and
their families so they can make the best student loan choice for their
specific needs.”
Students can research and compare information for Private,
PLUS, Stafford, GradPLUS,
Federal
Consolidation and Private
Consolidation loans, depending on which are appropriate to a given
campus/program. Results can be sorted by monthly payment, total cost of
the loan, number of payments, first payment due date and APR, and
results contain detailed information about loan pricing, borrower
benefits and other attributes.
“We continue to support financial aid
professionals from Alaska to Maine and all points in between in their
number one goal: helping students and parents find the right resources
to make the investment in a college education possible,”
said Kevin Walker, president and CEO of SimpleTuition. “Paying
for college is a confusing and daunting process for millions of
families. SimpleTuition is committed to working with our partner schools
to make the process a smoother, more transparent experience.”
SimpleTuition offers an independent, online resource to help families
analyze, assess and apply for student loans. The company currently
supports its school clients with research and comparison information on
more than 100 education loan products from dozens of lenders.
SimpleTuition is not a lender.
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 offers the leading independent and objective
solution for researching and comparing private, PLUS, Stafford,
GradPLUS, Federal Consolidation and Private Consolidation loans. The
company currently offers over 50 student loan options from over 25 top
lenders. SimpleTuition is headquartered in Newton, Massachusetts and is
funded by Atlas Venture, IDG Ventures Boston and North Hill Ventures.
For more information, visit www.SimpleTuition.com.
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