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STAMFORD, CT Loyola College or university il revealed today they’ve chosen The fresh Education loan Agency, a part out of Citibank, once the somebody getting Loyola’s University since the Lender program. Less than this method, Citibank will offer Loyola which have lifetime of financing servicing, money and you can additional field help so that Loyola helps make Government Stafford funds so you can their pupils.
“Our company is extremely pleased to-be coping with Citibank while the all of our mate in our School once the Lender system,” states Expenses Laird, Master Financial Manager on Loyola College Chi town. “Our very own union that have Citibank brings all of us to the experience of an effective federal bank and offers you a thorough studies capital solution to have the fresh new university’s graduate and you may professional children.”
Below this method, Loyola will pay, on the part of the new borrower, the 3% origination percentage that’s normally charged into the scholar, saving children currency and you will allowing them to found a hundred% of the loan loans.
Citibank’s union having Loyola will offer innovative products and services you to can benefit one another Loyola as well as pupils by offering:
Loyola College Chicago
* Extraordinary financing servicing * Outstanding deals no credit check payday loans Galva IL * Designed from Bank Affairs gurus * Faithful program executives * Much easier online access for college students to-do forms
“Citibank’s College since Financial solution allows Loyola and then make financing in order to its graduate and professional pupils, providing important educational funding,” states Michael Reardon, Ceo and you may Chairman of the Student loan Enterprise. “New program’s turnkey method to lending equips them with Citibank’s confirmed build and you will assistance and then make this course of action productive and you can successful. This program is yet another example of just how Citibank understands and you can meets consumer need”
A member of Citigroup, new earth’s largest economic company, Brand new Student loan Company is one of the state’s top originators out-of figuratively speaking. seven million users and over 3,one hundred thousand schools all over the country.
Throughout the Loyola College Chicago Dedicated to planning individuals lead outrageous lives, Loyola School il is created during the 1870 and that is among the biggest away from Jesuit universities and colleges in the usa. Loyola provides a total registration out-of fourteen,100000 children, that has 8,five-hundred undergraduates, hailing out of the 50 says, along with 82 overseas regions. New University have five campuses, three throughout the greater Chi town town plus one for the Rome, Italy. Loyola’s nine colleges and colleges were: arts and you will sciences, company government, studies, grad knowledge, rules, drug, breastfeeding, elite degree, and social performs. Loyola even offers 52 undergraduate discipline, 59 master’s stages and you may doctoral stages. Recognizing Loyola’s excellence in training, You.S. News and you may World Declaration has rated Loyola consistently one of several “most readily useful national universities” and you will “best beliefs” within the annual courses. For more information, please go to site in the .
About Citibank Citibank, Letter.A beneficial. was a member of Citigroup (NYSE: C), new preeminent around the world financial characteristics company with many 200 mil customers levels much more than simply a hundred regions. Citigroup provides people, companies, governments and you may institutions which have an over-all listing of lending products and you can properties, and additionally user financial and you can borrowing from the bank, corporate and you will resource banking, insurance policies, bonds brokerage, and you may investment government. Major brand names below Citigroup’s trademark reddish umbrella is Citibank, CitiFinancial, Primerica, Smith Barney, Banamex, and Website visitors Lifestyle and Annuity. Much more information may be bought at: citigroup.
New Student loan Business (NYSE: STU) is one of the nation’s top originators and you may proprietors from covered college loans delivering an entire list of knowledge financing products and qualities in order to satisfy the requirements of college students, parents, universities and you may loan providers. The firm was previously a division out-of Citibank and you can turned an excellent NYSE-indexed agency in the 1992. Citibank, N.An excellent. is the majority stockholder. Citibank is one of the primary finance companies to invest in advanced schooling, originating in 1958. 7 billion consumers and over step 3,100000 colleges across the country. Informative Mortgage Center, Inc. try a part of one’s Education loan Organization.
To possess guidance or issues regarding student loan account, please telephone call step one-800-967-2400. Customers having Telecommunication Products with the Deaf (TDD) will get call step 1-800-846-1298. College or university planning and capital data is including offered at studentloan.