Nelnet to find Great Lakes Instructional Financing Services
- The brand new iA Institute
Stephanie Eidelman
Nelnet (NYSE: NNI) established last night which features registered with the a decisive and joining arrangement with Great Lakes Advanced schooling Company to get a hundred% of your own inventory of the student loan servicing providers, Higher Lakes Instructional Loan Services, Inc. (Higher Lakes).
“We’re bringing together 90 many years of business experience, also delivering outstanding service to federal and private student loan borrowers, lenders, and you may universities. With these mutual tips, we will take a strategy that has had most readily useful-in-group tech options, proven functional opportunities, and you will customers feel innovations, which will make a superior experience one guarantees all of the individuals select the ideal repayment options for the personal activities. Higher Lakes and you may Nelnet actually have the chance to change pupil mortgage repair getting an incredible number of individuals, bringing a frequent and you will unmatched debtor feel together with most useful technical to possess student loan servicing.”
Based inside Madison, Wisconsin, Higher Lakes and its particular parent associated category had been permitting children accessibility higher education given that 1967. Today, Great Lakes provides 1,800 teams. High Ponds Ceo Jeff Crosby said,