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 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 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


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  2. Because the government does not subsidize private student loans, the rates and terms are not regulated the way they are for federal loans, which makes private loans more risky and expensive. However, this is already a nice option if students really don't have other financial assistance. Will this need relationship banking?

  3. Education loans also are valuable for those learners who are as well economical weedy. They don't experience adequate cash to analysis overseas to satisfy their fantasy of improved education. Loans are also as well offered for expert education, primary education or for a specialized education. No matter what course, economical institutions gives loan at the learners for his or her shiny profession.

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  4. Today's time financial institutions and Banking organizations are ready to pay financial loans for college. The university student who needs the loan should first calculate how much is required and then apply. Good record of credit is very important.

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