As part of an ongoing effort to assist families to "make sense" of the ever-complex college loan options, TuitionCoach, a personalized internet-based service that provides families with professional guidance through the financial aid process, and SimpleTuition, a company dedicated to helping students and parents make sense of education financing choices, announced today that they have entered into a strategic partnership to provide families with a simple-to-use online comparison tool, Compare Student Loans.
SAN MATEO, Calif.& BOSTON (BusinessWire EON) April 4, 2007 --
As part of an ongoing effort to assist families to “make
sense” of the ever-complex college loan
options, TuitionCoach, a personalized internet-based service that
provides families with professional guidance through the financial aid
process, and SimpleTuition, a company dedicated to helping students and
parents make sense of education financing choices, announced today that
they have entered into a strategic partnership to provide families with
a simple-to-use online comparison tool, Compare Student Loans.
The new Compare Student Loans tool instantly gathers and presents
loan data from private lenders and provides them in an “easy-to-use”
visual side-by-side comparison format, enabling consumers to compare and
choose loans that best meet their needs. By providing a wide choice of
lenders, rather than an offer from a single financial institution,
TuitionCoach maintains its high standards of transparency and
independent guidance. TuitionCoach users will find the Compare
Student Loans tool on their MyTuitionCoach page upon logging in.
“The process is simple to use and consumer
friendly. Fashioned with a familiar look and feel, much like that of an ‘Orbitz
tool,’ loans are arrayed so consumers can
pick the loan that works best for them,” said
Dr. Wrubel, co-founder and educational expert for TuitionCoach. “We
have found that online consumers are instantly drawn to any tool that
simply puts the facts in front of people and lets them make decisions on
their own. The Compare Student Loans tool fills that role in the college
loan marketplace.”
“Students and families are confused by the
whole process of applying to college, applying for financial aid, making
sense of the components of aid – and they’re
often most confused by the fragmented landscape of education loan
options,” said Kevin Walker, president and
CEO of SimpleTuition. “TuitionCoach –
like SimpleTuition – is dedicated to bringing
transparency and user-friendliness to the paying-for-college process.
And that makes for a great partnership: for SimpleTuition, TuitionCoach,
and the families who use our services. TuitionCoach’s
loan comparison engine will be a powerful tool for parents and students.”
About TuitionCoach
TuitionCoach is a personalized, internet-based program, founded by The
College Company, which de-mystifies the college financial aid process
for students and their families. TuitionCoach’s
step-by-step concept is based on the more than two decades of experience
of its co-founder Dr. Paul Wrubel, who has counseled thousands of
students and given hundreds of workshops arming families with the right
information to manage their financial resources and dramatically upgrade
their college choices with a focus on fit rather than cost. Go to http://www.TuitionCoach.com
for more information.
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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