|
|
Article: Ohio Wesleyan University to Leave Direct Lending for Sallie Mae School Represents $7.5 Million in Annual Loan Volume.
- Article from:
- PR Newswire
- Article date:
- July 6, 2000
CopyrightCOPYRIGHT 2000 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)
|
RESTON, Va., July 6 /PRNewswire/ --
Ohio Wesleyan University, a Direct Lending school with $7.5 million in annual loan volume, will return to the Federal Family Education Loan Program (FFELP) and direct 100 percent of its loans to Sallie Mae.
The school will use Sallie Mae's Internet-based loan delivery system, Laureate(R), as well as the company's Parent Answer(SM) Service to assist parents in applying and qualifying for Parent Loans for Undergraduate Students (PLUS). Sallie Mae also will offer a customized private loan solution, the Signature Ohio Wesleyan University Loan, to the school's 1,400 students.
"This is a key win in a state that has ...