VIST Financial announced today that it has partnered with CampusDoor to offer the CB Student HELP Smart Option Student Loan made by Sallie Mae to help their customers meet the rising cost of college while helping them graduate with less debt and pay it off faster after graduation. By simply applying through a secure web site, students can find options available to them to help pay for college expenses not covered by scholarships or federal loans.
“As the cost of attending college continues to rise, we are pleased to partner with Sallie Mae and the CB Student HELP Program to be able to help students and their families within our communities tap into millions of dollars of private educational loans”, stated Tina McDonald, Executive Vice President, Chief Retail Banking Officer.“
Unlike other longer-term private loan alternatives in which no payments are made until after graduation, with the VIST Financial Smart Option Student Loan, students make payments while in school and graduate with less debt, compared to other longer-term private loan alternatives in which no payments are made until after graduation. With the loan’s shorter repayment period, a customer can pay off the loan five to eight years faster after graduation, compared to a standard 15-year interest deferred private student loan. The customer may select either a fixed monthly in-school payment plan or opt to pay interest-only payments while in school. A typical freshman can save 30 to 50 percent on finance charges over the life of the loan.
Designed to supplement a student’s federal student loans and other financial aid, the VIST Financial Smart Option Student Loan can help students cover up to 100 percent of their education expenses. The Smart Option Student Loan features market-leading interest rates that reward responsible borrowers as they pursue their graduate or undergraduate degrees. Also available are benefits such as an on-time payment reward and interest rate discounts for enrolling to make automatic payments.
VIST Financial recommends private student loans to help bridge the college financing gap after exploring scholarships, grants and federal student loans. By offering the Smart Option Student Loan, VIST Financial can help its customers pay for necessary college expenses including tuition, room and board, books, and even a computer while building a credit history.
Students may access a secure web site directly through VIST Financial website, www.vistfc.com, apply online and receive a credit result in less than 15 minutes. Applicants may also apply with a creditworthy cosigner in order to help qualify and receive a lower interest rate. Students gain the option to borrow up to 100% of school-certified education costs and can also receive rewards for paying on-time, in addition to 24/7 online account management.
As part of the CB Student HELP program, CampusDoor will assist with the development and implementation of the loan program, in addition to providing specialized call center support to VIST Financial customers where representatives may be reached at 1-877-458-8285 if assistance or additional information is needed. To offer the Smart Option Student Loan to community banks nationwide, CampusDoor created the CB Student HELP program and partnered with Sallie Mae, the nation’s leading saving, planning, and paying for college company. Since its founding nearly 40 years ago, Sallie Mae has helped more than 31 million people make the investment in a higher education. “Sallie Mae is delighted to partner with VIST Financial and CampusDoor to assist families seeking responsible solutions to make the investment in a college education,” commented Jerry Maher, senior vice president, Sallie Mae.
About VIST Financial
VIST Financial is a 101-year-old, diversified financial services company with $1.4 billion in assets and is headquartered in Wyomissing, Berks County, PA. VIST provides trusted advisors in banking, insurance and wealth management to businesses and individuals throughout Berks, Southern Schuylkill, Montgomery, Delaware and Philadelphia Counties. At VIST Financial, our name tells you exactly what you can expect when you do business with us. We built our values – Vision, Integrity, Solutions and Trust – right into the name of our company. Learn more at www.vistfc.com.
About CampusDoor
CampusDoor provides innovative student loan solutions, systems and processing to lenders enabling them to help their customers pay for college. CampusDoor created CB Student Higher Education Loan Program (CB Student HELP) so that community banks can offer private student loans to their customers and help them to achieve their higher education dreams. More information is available online at www.campusdoor.com and www.cbstudenthelp.com.
This release may contain forward-looking statements with respect to the Company's beliefs, plans, objectives, goals, expectations, anticipations, estimates, and intentions that are subject to significant risks and uncertainties, and are subject to change based on various factors, some of which are beyond the Company's control. The Company does not undertake to update any forward-looking statement, whether written or oral, that may be made from time to time by or on behalf of the Company.
Wednesday, August 3, 2011
Thursday, March 17, 2011
CampusDoor to Showcase New Private Label Education Loan Program, Community Banks’ Premier Solution for Private Student Lending, on the Interactive 2011 ICBA Mobile App
CampusDoor, one of the leading providers in education funding solutions announced today that they will showcase the Private Label Education Loan Program at the 2011 Independent Community Bankers Association (ICBA) National Convention in San Diego, California. Leveraging CampusDoor’s state-of-the-art technology, infrastructure and experience in private student lending, the Private Label solution provides community banks with the opportunity to offer branded, highly competitive private higher education loans.
Details on the Private Label Education Loan Program will be provided to ICBA National Convention attendees electronically via the ICBA 2011 Mobile App. Powered by Follow Me and created by Core-Apps LLC, the mobile app is available for iPhone, iPod Touch or iPad users in the app store by searching “ICBA 2011”. A version for Blackberry, Android and all web-enabled mobile phones is downloadable by directing the phone’s browser to m.core-apps.com/icba2011. CampusDoor’s information is located under Exhibitors on the mobile app.
By offering The Private Label Education Loan Program powered by CampusDoor, community banks can attract and retain Gen-Y customers and their families by helping them meet the rising cost of college. Designed to supplement a student’s grants, scholarships, federal student loans and other financial aid, undergraduate and graduate private student loans can help students pay for college expenses including tuition, room and board and books while initiating a positive credit history.
According to Damien Q. Elias, Chairman and CEO of CampusDoor, “The Private Label Education Loan Program provides community banks with the premier solution to help their customers pursue their dreams of a college education.”
CampusDoor’s Private Label Education Loan Program provides community banks with loan program design, strategic marketing and branding, program management, a fully automated and compliant origination process and knowledgeable customer service. Drawing upon 15 years of private student lending success, CampusDoor has developed the most robust application processing platform in the industry allowing borrowers and their cosigners to apply online 24/7 and get a decision in less than 60 seconds. The in-house Customer Contact Center guides applicants through the process and leverages CampusDoor’s proprietary pull-through methodology to assure every qualified applicant converts to a funded loan. CampusDoor’s programs are fully compliant with all applicable student lending regulations.
Interested Community Bankers can visit CampusDoor’s at booth #742 in the Techworld area during the 2011 ICBA National Convention to learn more. Representatives can also be reached at 877.392.8562, Option 3 or by email at experts@campusdoor.com. Attendees and the public can follow CampusDoor, username “@campusdoorpsl”, and the 2011 ICBA National Convention by searching for “#ICBASD11” on Twitter.
About CampusDoorCampusDoor provides innovative student loan solutions, systems and processing to lenders enabling them to help their customers pay for college. We understand the education finance marketplace, and leverage our knowledge and technology to help our clients achieve their goals.
CampusDoor was founded in 1995 to deliver student loans to borrowers and their families via web-based application systems. The Company pioneered the first on-line private student loan application with a live underwriting and response system. CampusDoor has processed over $10 billion in completed loan applications representing over 1.2 million unique borrowers. More information is available at www.campusdoor.com.
CampusDoor, one of the leading providers in education funding solutions announced today that they will showcase the Private Label Education Loan Program at the 2011 Independent Community Bankers Association (ICBA) National Convention in San Diego, California. Leveraging CampusDoor’s state-of-the-art technology, infrastructure and experience in private student lending, the Private Label solution provides community banks with the opportunity to offer branded, highly competitive private higher education loans.
Details on the Private Label Education Loan Program will be provided to ICBA National Convention attendees electronically via the ICBA 2011 Mobile App. Powered by Follow Me and created by Core-Apps LLC, the mobile app is available for iPhone, iPod Touch or iPad users in the app store by searching “ICBA 2011”. A version for Blackberry, Android and all web-enabled mobile phones is downloadable by directing the phone’s browser to m.core-apps.com/icba2011. CampusDoor’s information is located under Exhibitors on the mobile app.
By offering The Private Label Education Loan Program powered by CampusDoor, community banks can attract and retain Gen-Y customers and their families by helping them meet the rising cost of college. Designed to supplement a student’s grants, scholarships, federal student loans and other financial aid, undergraduate and graduate private student loans can help students pay for college expenses including tuition, room and board and books while initiating a positive credit history.
According to Damien Q. Elias, Chairman and CEO of CampusDoor, “The Private Label Education Loan Program provides community banks with the premier solution to help their customers pursue their dreams of a college education.”
CampusDoor’s Private Label Education Loan Program provides community banks with loan program design, strategic marketing and branding, program management, a fully automated and compliant origination process and knowledgeable customer service. Drawing upon 15 years of private student lending success, CampusDoor has developed the most robust application processing platform in the industry allowing borrowers and their cosigners to apply online 24/7 and get a decision in less than 60 seconds. The in-house Customer Contact Center guides applicants through the process and leverages CampusDoor’s proprietary pull-through methodology to assure every qualified applicant converts to a funded loan. CampusDoor’s programs are fully compliant with all applicable student lending regulations.
Interested Community Bankers can visit CampusDoor’s at booth #742 in the Techworld area during the 2011 ICBA National Convention to learn more. Representatives can also be reached at 877.392.8562, Option 3 or by email at experts@campusdoor.com. Attendees and the public can follow CampusDoor, username “@campusdoorpsl”, and the 2011 ICBA National Convention by searching for “#ICBASD11” on Twitter.
About CampusDoorCampusDoor provides innovative student loan solutions, systems and processing to lenders enabling them to help their customers pay for college. We understand the education finance marketplace, and leverage our knowledge and technology to help our clients achieve their goals.
CampusDoor was founded in 1995 to deliver student loans to borrowers and their families via web-based application systems. The Company pioneered the first on-line private student loan application with a live underwriting and response system. CampusDoor has processed over $10 billion in completed loan applications representing over 1.2 million unique borrowers. More information is available at www.campusdoor.com.
Wednesday, March 2, 2011
CampusDoor to Showcase the Private Label Education Loan Program:
Community Banks’ Premier Solution for Private Student Lending
CampusDoor, one of the leading providers in education funding solutions will showcase its Private Label Education Loan Program at the 2011 Independent Community Bankers Association (ICBA) National Convention in San Diego, California. Leveraging CampusDoor’s state-of-the-art technology, infrastructure and experience in private student lending, the Private Label solution provides community banks with the opportunity to offer branded, highly competitive private higher education loans.
By offering The Private Label Education Loan Program powered by CampusDoor, community banks can attract and retain Gen-Y customers and their families by helping them meet the rising cost of college. Designed to supplement a student’s grants, scholarships, federal student loans and other financial aid, undergraduate and graduate private student loans can help students pay for college expenses including tuition, room and board and books while initiating a positive credit history.
According to Damien Q. Elias, Chairman and CEO of CampusDoor, “The Private Label Education Loan Program provides community banks with the premier solution to help their customers pursue their dreams of a college education.”
CampusDoor’s Private Label Education Loan Program provides community banks with loan program design, strategic marketing and branding, program management, a fully automated and compliant origination process and knowledgeable customer service. Drawing upon 15 years of private student lending success, CampusDoor has developed the most robust application processing platform in the industry allowing borrowers and their cosigners to apply online 24/7 and get a decision in less than 60 seconds. The in-house Customer Contact Center guides applicants through the process and leverages CampusDoor’s proprietary pull-through methodology to assure every qualified applicant converts to a funded loan. CampusDoor’s programs are fully compliant with all applicable student lending regulations.
Visit CampusDoor’s at booth #742 in the Techworld area during the 2011 ICBA National Convention to learn more. Representatives can also be reached at 877.392.8562, Option 3 or by email at experts@campusdoor.com to schedule a brief demonstration prior to the event.
About CampusDoor
CampusDoor provides innovative student loan solutions, systems and processing to lenders enabling them to help their customers pay for college. We understand the education finance marketplace, and leverage our knowledge and technology to help our clients achieve their goals.
CampusDoor was founded in 1995 to deliver student loans to borrowers and their families via web-based application systems. The Company pioneered the first on-line private student loan application with a live underwriting and response system. CampusDoor has processed over $10 billion in completed loan applications representing over 1.2 million unique borrowers.
www.campusdoor.com
Tuesday, March 1, 2011
CampusDoor Launches the New CU Student HELP College Planning Service
CampusDoor Launches the New CU Student HELP College Planning Service with a Free Webinar for Credit Unions Nationwide
CampusDoor, the leading provider of education funding solutions is pleased to announce a new product designed to help families pay for education. CampusDoor has partnered with Collegiate Funding Services, an integrated college planning solutions provider to offer the CU Student HELP College Planning Service. This service provides a web-based college planning solution for credit unions as the perfect complement for a credit union’s private student loan product from CampusDoor. By delivering a comprehensive college planning and funding solutions credit unions are able to support their communities and attract new Gen Y customers and their families. Credit unions that offer the college planning service can help members avoid using their credit union deposits and investments, providing customized suggestions to the credit union’s products to achieve the goals of the member!
Credit union members use the college planning service free-of-charge to help them make informed college planning and funding decisions and save on their out-of-pocket college costs. Customized college planning and funding reports are dynamically generated through a branded online interface from the credit union's website. The customized reports contain actionable information, strategies and tips to help the family make informed college planning and funding decisions.
A highlight of the CFS generated reports is that it provides much needed context and rationale for college savings and funding options available through the credit union. This helps the families choose the option that meets their needs and circumstances. The customized report content also highlights the lending products available through the institution, including the credit unions CU Student HELP private student loan with links directly into online loan applications.
On Tuesday, March 8th at 2:00pm EST, CampusDoor will be hosting an informational webinar to provide further details about the program for credit unions nationwide. Those wishing to participate in the webinar or looking for further information are encouraged to call 877.392.8562 Option 3, or email info@custudenthelp.com.
About CampusDoor
CampusDoor provides innovative student loan solutions, systems and processing to lenders enabling them to help their customers pay for college. We understand the education finance marketplace, and leverage our knowledge and technology to help our clients achieve their goals.
CampusDoor created CU Student HELP so that credit unions can offer private student loans and college planning service to their members and help them to achieve their higher education dreams. More information is available at www.campusdoor.com and www.custudenthelp.com.
About Collegiate Funding Solutions
Collegiate Funding Solutions Collegiate Funding Solutions (CFS) is a leading provider of innovative and integrated web-based college funding solutions and college planning software for financial institutions and financial services professionals. For additional information on Collegiate Funding Solutions, visit the company's Website at www.collegiatefundingsolutions.com.
CampusDoor, the leading provider of education funding solutions is pleased to announce a new product designed to help families pay for education. CampusDoor has partnered with Collegiate Funding Services, an integrated college planning solutions provider to offer the CU Student HELP College Planning Service. This service provides a web-based college planning solution for credit unions as the perfect complement for a credit union’s private student loan product from CampusDoor. By delivering a comprehensive college planning and funding solutions credit unions are able to support their communities and attract new Gen Y customers and their families. Credit unions that offer the college planning service can help members avoid using their credit union deposits and investments, providing customized suggestions to the credit union’s products to achieve the goals of the member!
Credit union members use the college planning service free-of-charge to help them make informed college planning and funding decisions and save on their out-of-pocket college costs. Customized college planning and funding reports are dynamically generated through a branded online interface from the credit union's website. The customized reports contain actionable information, strategies and tips to help the family make informed college planning and funding decisions.
A highlight of the CFS generated reports is that it provides much needed context and rationale for college savings and funding options available through the credit union. This helps the families choose the option that meets their needs and circumstances. The customized report content also highlights the lending products available through the institution, including the credit unions CU Student HELP private student loan with links directly into online loan applications.
On Tuesday, March 8th at 2:00pm EST, CampusDoor will be hosting an informational webinar to provide further details about the program for credit unions nationwide. Those wishing to participate in the webinar or looking for further information are encouraged to call 877.392.8562 Option 3, or email info@custudenthelp.com.
About CampusDoor
CampusDoor provides innovative student loan solutions, systems and processing to lenders enabling them to help their customers pay for college. We understand the education finance marketplace, and leverage our knowledge and technology to help our clients achieve their goals.
CampusDoor created CU Student HELP so that credit unions can offer private student loans and college planning service to their members and help them to achieve their higher education dreams. More information is available at www.campusdoor.com and www.custudenthelp.com.
About Collegiate Funding Solutions
Collegiate Funding Solutions Collegiate Funding Solutions (CFS) is a leading provider of innovative and integrated web-based college funding solutions and college planning software for financial institutions and financial services professionals. For additional information on Collegiate Funding Solutions, visit the company's Website at www.collegiatefundingsolutions.com.
Monday, January 10, 2011
CampusDoor partners with Benchmark Community Bank
BENCHMARK COMMUNTIY BANK PARTNERS WITH CAMPUSDOOR’S CB STUDENT HELP PROGRAM TO OFFER PRIVATE STUDENT LOANS AND HELP CUSTOMERS PAY FOR COLLEGE!
Benchmark Community Bank announced today that it has partnered with CampusDoor to offer the CB Student HELP Smart Option Student Loan made by Sallie Mae to help their customers meet the rising cost of college while helping them graduate with less debt and pay it off faster after graduation.
“With the recent regulatory changes restricting the ability of banks to make traditional student loans, this product will fill the void for many of the college bound students and their families in Southside Virginia. Benchmark is very pleased to offer this new product,” remarked Benchmark’s Senior Vice President of Retail Operations, Jay Stafford.
Unlike other longer-term private loan alternatives in which no payments are made until after graduation, with the Benchmark Community Bank Smart Option Student Loan, students make payments while in school and graduate with less debt, compared to other longer-term private loan alternatives in which no payments are made until after graduation. With the loan’s shorter repayment period, a customer can pay off the loan five to eight years faster after graduation, compared to a standard 15-year interest deferred private student loan. The customer may select either a fixed monthly in-school payment plan or opt to pay interest-only payments while in school. A typical freshman can save 30 to 50 percent on finance charges over the life of the loan. Designed to supplement a student’s federal student loans and other financial aid, the Benchmark Community Bank Smart Option Student Loan can help students cover up to 100 percent of their education expenses. The Smart Option Student Loan features market-leading interest rates that reward responsible borrowers as they pursue their graduate or undergraduate degrees. Also available are benefits such as an on-time payment reward and interest rate discounts for enrolling to make automatic payments. Benchmark Community Bank recommends private student loans to help bridge the college financing gap after exploring scholarships, grants and federal student loans. By offering the Smart Option Student Loan, Benchmark Community Bank can help its customers pay for necessary college expenses including tuition, room and board, books, and even a computer while building a credit history.
As part of the CB Student HELP program, CampusDoor will assist with the development and implementation of the loan program and provide specialized call center support to Benchmark Community Bank customers. To offer the Smart Option Student Loan to banks nationwide, CampusDoor created the CB Student HELP program and partnered with Sallie Mae, the nation’s leading saving, planning, and paying for college company. Since its founding nearly 40 years ago, Sallie Mae has helped more than 31 million people make the investment in a higher education. “Sallie Mae is delighted to partner with Benchmark Community Bank and CampusDoor to assist families seeking responsible solutions to make the investment in a college education,” commented Jerry Maher, senior vice president, Sallie Mae.
About Benchmark Community Bank
Founded in 1971 and headquartered in Kenbridge, Benchmark Community Bank is a $417 million locally owned and operated full service bank serving Southside Virginia. Branch offices are located in Kenbridge, Victoria, Farmville, South Hill, Crewe, Lawrenceville, Clarksville, Chase City, Blackstone, South Boston, and Halifax. It has been named one of the top 200 community banks in the nation by U.S. Banker magazine for 3 years running. Additional information about Benchmark, including how to access the Smart Option Student Loan application, can be found at www.BCBonline.com.
About CampusDoor
CampusDoor provides innovative student loan solutions, systems and processing to lenders enabling them to help their customers pay for college. CampusDoor created CB Student Higher Education Loan Program (CB Student HELP) so that banks can offer private student loans to their customers and help them to achieve their higher education dreams. More information is available online at www.campusdoor.com and www.cbstudenthelp.com.
Benchmark Community Bank announced today that it has partnered with CampusDoor to offer the CB Student HELP Smart Option Student Loan made by Sallie Mae to help their customers meet the rising cost of college while helping them graduate with less debt and pay it off faster after graduation.
“With the recent regulatory changes restricting the ability of banks to make traditional student loans, this product will fill the void for many of the college bound students and their families in Southside Virginia. Benchmark is very pleased to offer this new product,” remarked Benchmark’s Senior Vice President of Retail Operations, Jay Stafford.
Unlike other longer-term private loan alternatives in which no payments are made until after graduation, with the Benchmark Community Bank Smart Option Student Loan, students make payments while in school and graduate with less debt, compared to other longer-term private loan alternatives in which no payments are made until after graduation. With the loan’s shorter repayment period, a customer can pay off the loan five to eight years faster after graduation, compared to a standard 15-year interest deferred private student loan. The customer may select either a fixed monthly in-school payment plan or opt to pay interest-only payments while in school. A typical freshman can save 30 to 50 percent on finance charges over the life of the loan. Designed to supplement a student’s federal student loans and other financial aid, the Benchmark Community Bank Smart Option Student Loan can help students cover up to 100 percent of their education expenses. The Smart Option Student Loan features market-leading interest rates that reward responsible borrowers as they pursue their graduate or undergraduate degrees. Also available are benefits such as an on-time payment reward and interest rate discounts for enrolling to make automatic payments. Benchmark Community Bank recommends private student loans to help bridge the college financing gap after exploring scholarships, grants and federal student loans. By offering the Smart Option Student Loan, Benchmark Community Bank can help its customers pay for necessary college expenses including tuition, room and board, books, and even a computer while building a credit history.
As part of the CB Student HELP program, CampusDoor will assist with the development and implementation of the loan program and provide specialized call center support to Benchmark Community Bank customers. To offer the Smart Option Student Loan to banks nationwide, CampusDoor created the CB Student HELP program and partnered with Sallie Mae, the nation’s leading saving, planning, and paying for college company. Since its founding nearly 40 years ago, Sallie Mae has helped more than 31 million people make the investment in a higher education. “Sallie Mae is delighted to partner with Benchmark Community Bank and CampusDoor to assist families seeking responsible solutions to make the investment in a college education,” commented Jerry Maher, senior vice president, Sallie Mae.
About Benchmark Community Bank
Founded in 1971 and headquartered in Kenbridge, Benchmark Community Bank is a $417 million locally owned and operated full service bank serving Southside Virginia. Branch offices are located in Kenbridge, Victoria, Farmville, South Hill, Crewe, Lawrenceville, Clarksville, Chase City, Blackstone, South Boston, and Halifax. It has been named one of the top 200 community banks in the nation by U.S. Banker magazine for 3 years running. Additional information about Benchmark, including how to access the Smart Option Student Loan application, can be found at www.BCBonline.com.
About CampusDoor
CampusDoor provides innovative student loan solutions, systems and processing to lenders enabling them to help their customers pay for college. CampusDoor created CB Student Higher Education Loan Program (CB Student HELP) so that banks can offer private student loans to their customers and help them to achieve their higher education dreams. More information is available online at www.campusdoor.com and www.cbstudenthelp.com.
CampusDoor partners with Heartland Federal Credit Union
HEARTLAND FEDERAL CREDIT UNION PARTNERS WITH CAMPUSDOOR’S CU STUDENT HELP PROGRAM TO OFFER PRIVATE STUDENT LOANS AND HELP MEMBERS PAY FOR COLLEGE!
Heartland Federal Credit Union announced today that it has partnered with CampusDoor to offer the CU Student HELP Smart Option Student Loan made by Sallie Mae to help their members meet the rising cost of college while helping them graduate with less debt and pay it off faster after graduation.
Unlike other longer-term private loan alternatives in which no payments are made until after graduation, with the Heartland Federal Credit Union Smart Option Student Loan, students make payments while in school and graduate with less debt, compared to other longer-term private loan alternatives in which no payments are made until after graduation. With the loan’s shorter repayment period, a customer can pay off the loan five to eight years faster after graduation, compared to a standard 15-year interest deferred private student loan. The customer may select either a fixed monthly in-school payment plan or opt to pay interest-only payments while in school. A typical freshman can save 30 to 50 percent on finance charges over the life of the loan.
Designed to supplement a student’s federal student loans and other financial aid, the Heartland Federal Credit Union Smart Option Student Loan can help students cover up to 100 percent of their education expenses. The Smart Option Student Loan features market-leading interest rates that reward responsible borrowers as they pursue their graduate or undergraduate degrees. Also available are benefits such as an on-time payment reward and interest rate discounts for enrolling to make automatic payments.
Heartland Federal Credit Union recommends private student loans to help bridge the college financing gap after exploring scholarships, grants and federal student loans. By offering the Smart Option Student Loan, Heartland Federal Credit Union can help its members pay for necessary college expenses including tuition, room and board, books, and even a computer while building a credit history.
As part of the CU Student HELP program, CampusDoor will assist with the development and implementation of the loan program and provide specialized call center support to Heartland Federal Credit Union members. To offer the Smart Option Student Loan to credit unions nationwide, CampusDoor created the CU Student HELP program and partnered with Sallie Mae, the nation’s leading saving, planning, and paying for college company. Since its founding nearly 40 years ago, Sallie Mae has helped more than 31 million people make the investment in a higher education. “Sallie Mae is delighted to partner with Heartland Federal Credit Union and CampusDoor to assist families seeking responsible solutions to make the investment in a college education,” commented Jerry Maher, senior vice president, Sallie Mae.
About Heartland Federal Credit Union
Heartland Federal Credit Union, a full-service financial institute open since 1935, offers the best in banking services and is open to everyone in Clark, Greene, Miami, and Montgomery Counties. Visit thinkheartland.com to experience financial success...today and tomorrow.
About CampusDoor
CampusDoor provides innovative student loan solutions, systems and processing to lenders enabling them to help their customers pay for college. CampusDoor created CU Student Higher Education Loan Program (CU Student HELP) so that credit unions can offer private student loans to their members and help them to achieve their higher education dreams. More information is available online at www.campusdoor.com and www.custudenthelp.com.
Heartland Federal Credit Union announced today that it has partnered with CampusDoor to offer the CU Student HELP Smart Option Student Loan made by Sallie Mae to help their members meet the rising cost of college while helping them graduate with less debt and pay it off faster after graduation.
Unlike other longer-term private loan alternatives in which no payments are made until after graduation, with the Heartland Federal Credit Union Smart Option Student Loan, students make payments while in school and graduate with less debt, compared to other longer-term private loan alternatives in which no payments are made until after graduation. With the loan’s shorter repayment period, a customer can pay off the loan five to eight years faster after graduation, compared to a standard 15-year interest deferred private student loan. The customer may select either a fixed monthly in-school payment plan or opt to pay interest-only payments while in school. A typical freshman can save 30 to 50 percent on finance charges over the life of the loan.
Designed to supplement a student’s federal student loans and other financial aid, the Heartland Federal Credit Union Smart Option Student Loan can help students cover up to 100 percent of their education expenses. The Smart Option Student Loan features market-leading interest rates that reward responsible borrowers as they pursue their graduate or undergraduate degrees. Also available are benefits such as an on-time payment reward and interest rate discounts for enrolling to make automatic payments.
Heartland Federal Credit Union recommends private student loans to help bridge the college financing gap after exploring scholarships, grants and federal student loans. By offering the Smart Option Student Loan, Heartland Federal Credit Union can help its members pay for necessary college expenses including tuition, room and board, books, and even a computer while building a credit history.
As part of the CU Student HELP program, CampusDoor will assist with the development and implementation of the loan program and provide specialized call center support to Heartland Federal Credit Union members. To offer the Smart Option Student Loan to credit unions nationwide, CampusDoor created the CU Student HELP program and partnered with Sallie Mae, the nation’s leading saving, planning, and paying for college company. Since its founding nearly 40 years ago, Sallie Mae has helped more than 31 million people make the investment in a higher education. “Sallie Mae is delighted to partner with Heartland Federal Credit Union and CampusDoor to assist families seeking responsible solutions to make the investment in a college education,” commented Jerry Maher, senior vice president, Sallie Mae.
About Heartland Federal Credit Union
Heartland Federal Credit Union, a full-service financial institute open since 1935, offers the best in banking services and is open to everyone in Clark, Greene, Miami, and Montgomery Counties. Visit thinkheartland.com to experience financial success...today and tomorrow.
About CampusDoor
CampusDoor provides innovative student loan solutions, systems and processing to lenders enabling them to help their customers pay for college. CampusDoor created CU Student Higher Education Loan Program (CU Student HELP) so that credit unions can offer private student loans to their members and help them to achieve their higher education dreams. More information is available online at www.campusdoor.com and www.custudenthelp.com.
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