Articles & News About Student Loans & School

SimpleTuition Signs More New College Partners: SimpleTuition is the Resource of Choice to Help Families Find and Compare the Best

NEWTON, Mass. (Business Wire EON) October 16, 2007 -- More than 100 schools now work with SimpleTuition, including recently signed on partners: Seattle University (WA), Warner Pacific College (OR), Western Piedmont Community College (NC), Kirkwood Community College (IA), Lake Forest College (IL), and Shepherd College (WV). The process of evaluating and applying for student loans is now more straightforward with the help of SimpleTuition.

"In today's world, where students are bombarded with loan advertisements, there needs to be a place where they can go that will help them make educated decisions on which loan is right for them. Ideally, this tool would be readily accessible and simple enough that even those who have no borrowing experience could understand the terms and conditions to which they are applying," said LaToshia Everson, Assistant Director of Financial Aid at Wabash College. "I feel that our partnership with SimpleTuition provides exactly this resource. In our commitment to offering a wide range of student loan options, SimpleTuition allows students to efficiently research, select, and apply for a loan without making it a burden."

SimpleTuition provides an online resource to help families compare, analyze and apply for student loans. Students can use an apples-to-apples comparison for evaluating Private, PLUS, GradPLUS, Stafford and Federal Consolidation loans, depending on which are appropriate for a given campus/program. Results can be sorted by monthly payment, total cost of the loan, number of payments, first payment due date and APR, and results contain detailed information about loan pricing, borrower benefits and other attributes. SimpleTuition is not a lender.

"Our student loan research and comparison tool can be tailored for each of the institutions we work with," said Kevin Walker, CEO, SimpleTuition, Inc. "We are pleased that so many schools are selecting SimpleTuition to simplify the search for the best student loans. Families now have the ability to choose a student loan after carefully interacting with the numbers, costs, and details involved, resulting in a better decision making process."

About SimpleTuition, Inc.

Founded in 2005, SimpleTuition is dedicated to helping students and parents make sense of education financing options. SimpleTuition offers the leading independent and interactive solution for researching and comparing over 100 private, PLUS, Stafford, GradPLUS and Federal Consolidation loans from more than 45 lenders. The site has been recently featured as one of Kiplinger's Best Student Loan Website for Financial Services and Fast Company's Top 12 Web 2.0 sites and holds awards for exceptional website development from the Interactive Media Council and the Web Marketing Association. SimpleTuition is headquartered in Newton, Massachusetts and is funded by Atlas Venture, IDG Ventures Boston and North Hill Ventures. For more information, visit www.SimpleTuition.com.

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