UsingThird-PartyWebsitesAsResourcesForPrivateStudent.pptVIP

Overture’s Student Loan Marketplace Allows borrowers to compare upfront, accurate private education loan rates and terms from multiple lenders side-by-side Borrower will still need to submit application directly with lender Currently have seven lenders participating, including for-profit lenders and credit unions Currently have Marketplaces established in eleven states including the following: Alabama Student Loan Marketplace (AL) () California Student Loan Marketplace (CA) () HESC Student Loan Marketplace (NY) ( ISM Student Loan Marketplace (IN) () KHEAA Student Loan Marketplace (KY) () Maryland Student Loan Marketplace (MD) () Overture Student Loan Marketplace (National) () Ohio Private Loan Marketplace (OH) () SLA Private Student Loan OptionsFocus on Compliance  Broad in scope: Identified leading lenders based on SLA analysis of over 400 school lender lists Added other national/regional lenders upon request Does not endorse or recommend any of the lenders on the list: Comparative table lists terms and conditions of loans Dynamic list changes order of lenders each time page is refreshed No lender advertisements on site No payments between lenders and SLA: Lenders on the list do not pay SLA to be placed on the list Lenders do not pay SLA a fee based on any loan volume generated Removing all references to “Ratings” from this page, including the navigation bar  SLA Private Student Loan OptionsFeatures Website: /alternative_loan_options.html Over 100 schools currently linking to SLA private loan sites (it’s free!) Includes language to encourage responsible borrowing: Exhaust all federal grants and loans available to you before considering a private (alternative) loan You are free to borrow from any lender of your choice Captures the following information on loans: Interest rate ranges Fees Borrower benefits Terms of cosigner release Interest capitalization Provides link with details on state/non-profit private loan programs Updated frequently with