Collegiate Funding Services, Inc., Signs Agreement with Kentucky Higher Education Student Loan Corporation Through 2008
November 28 2005 - 8:30AM
PR Newswire (US)
FREDERICKSBURG, Va., Nov. 28 /PRNewswire-FirstCall/ -- Collegiate
Funding Services, Inc. (NASDAQ:CFSI) today announced a new
partnership with the Kentucky Higher Education Student Loan
Corporation (KHESLC), also known as The Student Loan People, under
which CFS will market co-branded Zero Fee Federal Stafford loan
products and PLUS (Parent) education loans to educational
institutions. (Logo:
http://www.newscom.com/cgi-bin/prnh/20050714/DCTH039LOGO )
Partnering with CFS will provide The Student Loan People with the
opportunity to further expand their services into markets outside
of Kentucky, Alabama and Mississippi. Adding these new loan
products to its existing array of education financing solutions
allows CFS to meet the needs of post- secondary educational
institutions specifically interested in the services and program
benefits offered through The Student Loan People. "As a company, we
continue to seek out opportunities to offer our school partners the
best educational financing options for their students," said J.
Barry Morrow, president and chief executive officer of Collegiate
Funding Services, Inc. "The Student Loan People are highly regarded
in the educational arena, and we look forward to helping their
customers realize their educational goals." The Student Loan People
are a nationally recognized education student loan provider, which
includes origination, disbursement and servicing of FFELP loan
products. "Partnering with CFS is an excellent opportunity to
expand our student loan market beyond traditional service areas,"
said Dr. Joe L. McCormick, executive director of The Student Loan
People. "The Student Loan People are committed to providing
top-quality student loan servicing to all borrowers, regardless of
where they reside or attend college." 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 September 30, 2005, Collegiate
Funding Services had facilitated the origination of more than $21
billion in education loans and was servicing $12 billion in student
loans for more than 476,000 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: Ann Collier, Senior Vice President,
Corporate Communications, +1-540-368-5970, Fax: +1-540-368-5963, ,
or Investor Contact: 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/
Copyright
Collegiate Funding Services (NASDAQ:CFSI)
Historical Stock Chart
From May 2024 to Jun 2024
Collegiate Funding Services (NASDAQ:CFSI)
Historical Stock Chart
From Jun 2023 to Jun 2024