|
|
Article: Indiana University's Bloomington and South Bend Campuses to Use Sallie Mae as Exclusive Federal and Private Loan Provider in AY 2003-2004; - Interim Arrangement to Commence with Summer Session -.
- Article from:
- PR Newswire
- Article date:
- February 10, 2003
CopyrightCOPYRIGHT 2003 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
SLM Corporation , commonly known as Sallie Mae, today announced that Indiana University's (IU) Bloomington and South Bend campuses have chosen the company to be the exclusive provider of federally guaranteed and private student loans for their students, beginning with the summer session in June 2003.
IU Bloomington and IU South Bend had previously announced their plans to transition out of the Federal Direct Lending Program to the Federal Family Education Loan Program, which is administered by Sallie Mae and other private- sector providers. Today's announcement means that these two schools will bring, on an interim basis, their federal Stafford and PLUS loan ...