Now, Brand new Education loan Corporation caters to step 1

College or university Newsroom

STAMFORD, CT Loyola University Chicago established today they have chosen The brand new Education loan Corporation, a part of Citibank, while the a partner getting Loyola’s School as Lender program. Around this method, Citibank offers Loyola with life of loan servicing, capital and secondary field support so Loyola produces Federal Stafford finance to help you the people.

“Our company is extremely pleased becoming handling Citibank since the lover inside our University since Bank system,” says Bill Laird, Master Economic Officer during the Loyola College Chi town. “All of our commitment having Citibank provides you to your exposure to an excellent national financial and offers united states an intensive education financial support solution to possess brand new university’s graduate and you will elite group college students.”

Significantly less than this option, Loyola will pay, on the behalf of the fresh borrower, the three% origination commission that is normally recharged toward beginner, protecting students money and you will allowing them to discover 100% of the loan financing.

Citibank’s commitment with Loyola will give creative products that can benefit each other Loyola and its own children by providing:

Loyola College Chicago

* Over the top loan servicing * Exceptional discounts * Customized from Lender Affairs masters * Loyal system managers * Convenient on the web availability for college students accomplish variations

“Citibank’s University given that Lender service lets Loyola and also make money to their graduate and you will professional people, taking essential educational funding,” says Michael Reardon, Chief executive officer and you will President of your Education loan Enterprise. “The new program’s turnkey way of credit supplies these with Citibank’s proven design and you can https://guaranteedinstallmentloans.com/payday-loans-tn/lavergne/ support and make this process successful and profitable. This option is yet another exemplory instance of exactly how Citibank understands and meets customers need”

A person in Citigroup, the latest world’s biggest financial team, The fresh new Student loan Firm is just one of the state’s best originators away from student education loans. seven mil users as well as over step 3,100 universities all over the country.

Regarding the Loyola School il Committed to planning visitors to head outrageous lives, Loyola University Chicago are centered inside 1870 and that’s one of many biggest away from Jesuit universites and colleges in america. Loyola have an entire subscription out-of fourteen,100 children, which has 8,500 undergraduates, hailing out of most of the fifty says, also 82 foreign countries. The fresh University has four campuses, three about deeper Chi town city and another in the Rome, Italy. Loyola’s nine colleges and you may universities include: arts and sciences, company administration, education, grad education, rules, medication, breastfeeding, top-notch education, and social works. Loyola now offers 52 student majors, 59 master’s degree and you will doctoral grade. Acknowledging Loyola’s brilliance when you look at the knowledge, U.S. Reports and you may World Statement has ranked Loyola consistently among the many “most useful national colleges” and you may “most readily useful philosophy” within the annual courses. To find out more, please visit webpages in the .

In the Citibank Citibank, N.A beneficial. are a person in Citigroup (NYSE: C), new preeminent international monetary characteristics company with a few 2 hundred mil consumer profile much more than just a hundred places. Citigroup brings users, companies, governing bodies and you may organizations which have a broad a number of lending products and attributes, and additionally consumer banking and you may credit, corporate and you will money banking, insurance coverage, securities brokerage, and you will investment government. Major companies around Citigroup’s trademark reddish umbrella tend to be Citibank, CitiFinancial, Primerica, Smith Barney, Banamex, and you will Guests Life and Annuity. Additional information could be discovered at: citigroup.

The newest Student loan Company (NYSE: STU) is amongst the state’s best originators and you will proprietors off insured college loans taking the full set of training financial support products and properties to satisfy the needs of youngsters, parents, colleges and you can loan providers. The business was previously a division out of Citibank and turned a great NYSE-noted firm inside the 1992. Citibank, N.A great. ‘s the vast majority shareholder. Citibank is actually among the first banking companies to finance higher education, originating in 1958. 7 million users as well as step 3,one hundred thousand colleges nationwide. Educational Loan Cardio, Inc. is a part of one’s Student loan Agency.

For recommendations otherwise issues regarding student loan account, delight label 1-800-967-2400. Consumers that have Telecommunication Products into the Deaf (TDD) could possibly get call step 1-800-846-1298. School think and you will financing info is and additionally offered at studentloan.