SimpleTuition Delivers the Resources Financial Aid Administrators Need to Help Parents and Students Find and Compare the Best Student Loan Options
Newton, MA, April 24, 2007 -- SimpleTuition, Inc., a company dedicated to helping students and parents make sense of education financing choices, today announced the addition of ten leading U.S. institutions of higher education to its growing list of partners. All of SimpleTuition's school partners - now numbering in the dozens - are committed to delivering independent, up-to-date and accurate student loan financing information to students.
With hundreds of thousands of high school seniors in the midst of receiving college acceptance letters and making decisions by May 1st, top of mind is not only which school to attend, but also how to cover the costs. Financial aid professionals are tasked with helping families navigate the complex landscape of scholarships, work study, loans and other aspects of the financial aid package. SimpleTuition assists financial aid officers by providing families with self-service, user-friendly tools for making these critical financing decisions. SimpleTuition, an independently-managed platform, is fast becoming the resource of choice to help financial aid officers deliver this information.
For students entering DigiPen Institute of Technology (WA), California State University at Chico (CA), University of Portland (OR), Willamette University (OR), New England School of Communication (ME), Mount Hood Community College (OR), Oregon Institute of Technology (OR), Sheldon Jackson College (AK), Southwest Oregon Community College (OR), and St. Joseph's College (ME), the process for evaluating and applying for student loans is straightforward with the help of SimpleTuition.
"More and more students and families are turning to loans to fund their education. As an office we strive to be knowledgeable and to provide our students and families with the tools to make educated decisions about borrowing," said Tracey Lehman, Director of Financial Aid at Oregon Institute of Technology. "Having a resource like SimpleTuiton.com to share with parents and students is tremendously helpful and allows us to provide valuable information to students and their families so they can make the best student loan choice for their specific needs."
Students can research and compare information for Private, PLUS, Stafford, GradPLUS, Federal Consolidation and Private Consolidation loans, depending on which are appropriate to a given campus/program. Results can be sorted by monthly payment, total cost of the loan, number of payments, first payment due date and APR, and results contain detailed information about loan pricing, borrower benefits and other attributes.
"We continue to support financial aid professionals from Alaska to Maine and all points in between in their number one goal: helping students and parents find the right resources to make the investment in a college education possible," said Kevin Walker, president and CEO of SimpleTuition. "Paying for college is a confusing and daunting process for millions of families. SimpleTuition is committed to working with our partner schools to make the process a smoother, more transparent experience."
SimpleTuition offers an independent, online resource to help families analyze, assess and apply for student loans. The company currently supports its school clients with research and comparison information on more than 100 education loan products from dozens of lenders. SimpleTuition is not a lender.
For more information visit www.SimpleTuition.com/fap.
About SimpleTuition, Inc.
Founded in 2005, SimpleTuition is dedicated to helping students and parents make sense of education financing options. Recently featured as one of Fast Company's Top 12 Web 2.0 sites, SimpleTuition offers the leading independent and objective solution for researching and comparing private, PLUS, Stafford, GradPLUS, Federal Consolidation and Private Consolidation loans. The company currently offers over 50 student loan options from over 25 top lenders. SimpleTuition is headquartered in Newton, Massachusetts and is funded by Atlas Venture, IDG Ventures Boston and North Hill Ventures. For more information visit www.SimpleTuition.com.
