TuitionU Expands Its Network of Resources and Tools for Students, Schools, and Lenders
SCOTTSDALE, Ariz. – March 23, 2010 – TuitionU.com, the complete online resource center for low-cost college financing solutions, and BridgeSpan Financial, the company that provides students with specialized knowledge and tools to help them successfully repay their federal and private loans, today announced a relationship that will make BridgeSpan’s debt management and loan repayment protection products available for students, schools and lenders through TuitionU.com.
Offered as part of TuitionU.com’s school resource center, BridgeSpan’s SafeStartSM delinquency prevention program provides schools and lenders with cost-efficient tools to improve student retention and completion, as well as to reduce the likelihood of borrower delinquency and default. SafeStartSM includes a student loan repayment counseling service providing one-on-one access to actual financial aid professionals and a no-interest repayment assistance plan for private and federal student loan borrowers experiencing financial hardship.
“We are excited to be a part of the TuitionU network,” said Carlo Salerno, EVP of External Relations for BridgeSpan Financial. “Our services are valuable to higher learning institutions by assisting their students in becoming more financially literate, better consumers of student loans and ultimately more successful at achieving repayment success. TuitionU.com is the ideal vehicle to put our debt management tools in the hands of students, schools and lenders nationwide.”
“BridgeSpan’s suite of delinquency prevention programs is a perfect fit for TuitionU,” said Brian Cox, Chief Business Development Officer for TuitionU.com. “Our resource center is committed to providing students with the tools they need to make responsible borrowing decisions for college, as well as helping students with repayment tools post graduation.”
Students can use BridgeSpan’s SafeStart program both while in school to help plan their financial future and after leaving school to help with loan repayment.
For more information on how to participate in TuitionU.com, visit www.tuitionu.com/info.
About BridgeSpan Financial
BridgeSpan Financial LLC assists postsecondary educational and financial institutions in graduating students who can successfully repay their federal and private student loans. BridgeSpan’s SafeStartSM delinquency prevention program intervenes at critical points in the borrower lifecycle to ensure successful loan repayment. SafeStartSM provides borrowers with customized financial literacy training during school, independent guidance from aid professionals unaffiliated with lenders on repaying loans after leaving school, and access to a no-interest loan repayment protection program during periods of financial hardship.
About TuitionU.com
TuitionU.com is an education finance resource center for students, giving them access to multiple low-cost college financing options available from lenders, credit unions, donors, sponsors, friends and family. The TuitionU.com solution creates a seamless integration of students, providers, schools and local communities to make the process of understanding and obtaining money to pay for college fast, fair and transparent for students and their families.
TuitionU.com is offered by Cology, Inc. For more information on TuitionU.com or any of Cology’s education finance solutions, including GreenNote, visit: www.Cology.com.
All registered or unregistered trademarks are the sole property of their respective owners.
Media Contacts:
Evie Smith
FortyThree, Inc.
831.401.3175
Cology@fortythreepr.com