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Article: Purdue University to Become School-as-Lender Participant in 2006.
- Article from:
- PR Newswire
- Article date:
- March 20, 2006
CopyrightCOPYRIGHT 2006 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)
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RESTON, Va., March 20 /PRNewswire/ -- Sallie Mae today announced that Purdue University's West Lafayette campus will become a Federal Family Education Loan Program (FFELP) lender for its graduate and professional students beginning March 2006.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030617/SLMLOGO-a )
Purdue has selected Sallie Mae to be the servicing partner for the FFELP School-as-Lender program. School as Lender allows eligible institutions to make loans and receive federal subsidies and secondary loan market proceeds, as well as provide competitive FFELP borrower benefits and need-based grant aid to students. Proceeds earned through the FFELP ...