Collegiate Funding Services, Inc. Offers New Educational Finance Solutions for American Medical Association Members
October 13 2005 - 10:00AM
PR Newswire (US)
FREDERICKSBURG, Va., Oct. 13 /PRNewswire-FirstCall/ -- Collegiate
Funding Services, Inc. (NASDAQ:CFSI) announced today the addition
of new educational finance and debt management solution programs
for American Medical Association members and their families through
its long-time partnership with the AMA. (Logo:
http://www.newscom.com/cgi-bin/prnh/20050714/DCTH039LOGO )
Collegiate Funding Services recognizes the increasing need for
healthcare professionals in the United States as well as the
substantial increase in the cost of higher education, particularly
for medical students. "As a company, it is our mission to
continually develop innovative solutions for today's students and
our partners," said John Fees, executive vice president of
Collegiate Funding Services, Inc. "Through this extension of our
partnership with the American Medical Association, we are offering
its members and employees access to education financing programs
and services customized to meet the requirements of medical and
health professional students." CFS Affinity Services has created
The Education Loan Marketplace(TM) for the AMA, a comprehensive
online resource that enables members and their families to learn
about the cost of higher education and financing options. The site,
AMA.Ed-Loans.com, includes a suite of education finance products
such as private education loans, residency and relocation loans,
medical board loans and consolidation loans that meet the needs of
members throughout their medical career. Members can access a
comprehensive database of scholarships and grants through the
AMA.BrokeScholar.com scholarship search engine, as well as track
and compare various education finance options through the Ed-Loans
Wizard. As the education finance partner of the AMA, CFS has worked
closely with the association to create products and services that
address debt management, an extremely important topic for the AMA.
In addition to offering federal and private student loan
consolidation products, CFS has created interactive, customizable
websites that complement the existing processes, such as face-to-
face entrance and exit counseling services, currently in place
within financial aid offices. MedEntrance(TM) and MedExit(TM) are
interactive websites created to counsel students on requirements
associated with paying for a medical school education upon entering
or exiting school. The Medical Education and Debt Management Guide,
available in print and electronically, walks medical school
students through the complicated world of financing a medical
school education. CFS also has coordinated through the AMA and
state medical societies to offer debt management seminars for
medical school students. "The AMA is committed to ensuring that
future physicians are able to afford the cost of medical
education," said AMA board of trustees chair Duane M. Cady, M.D.
"The products that Collegiate Funding Services provides to our
members are valuable tools that can help our next generation of
doctors consolidate their student loans and better manage their
medical school debt." About Collegiate Funding Services Collegiate
Funding Services is a leading education finance company dedicated
to providing students and their families with the practical advice
and loan solutions they need to help manage and pay for the cost of
higher education. Collegiate Funding Services also offers a
comprehensive portfolio of education loan products and services --
including loan origination, loan servicing and campus-based
scholarship and affinity marketing tools -- to the higher education
community. As of June 30, 2005, Collegiate Funding Services had
facilitated the origination of more than $20 billion in education
loans and was managing almost $12 billion in student loans for more
than 460,000 borrowers. For additional information, visit
http://www.cfsloans.com/ or call 1-888-423-7562.
http://www.newscom.com/cgi-bin/prnh/20050714/DCTH039LOGO
http://photoarchive.ap.org/ DATASOURCE: Collegiate Funding
Services, Inc. CONTACT: Media: Ann Collier, Senior Vice President,
Corporate Communications, +1-540-368-5970, Fax: +1-540-368-5963, ,
or Investors: Gary Tiedemann, Vice President, Investor Relations,
+1-540-735-1235, fax: +1-540-735-1239, , both of Collegiate Funding
Services, Inc. Web site: http://www.cfsloans.com/
http://ama.ed-loans.com/ http://ama.brokescholar.com/
Copyright
Collegiate Funding Services (NASDAQ:CFSI)
Historical Stock Chart
From Aug 2024 to Sep 2024
Collegiate Funding Services (NASDAQ:CFSI)
Historical Stock Chart
From Sep 2023 to Sep 2024