The National Student Clearinghouse is a consortium of schools, guarantors, lenders, servicers, and secondary markets whose goal is to simplify student enrollment status. As part of that goal, the Clearinghouse standardizes and automates the reporting of enrollment information. After choosing to participate, a school sends its enrollment information to the Clearinghouse. The Clearinghouse then fields all requests for the enrollment status of student financial aid recipients, providing information to guaranty agencies, lenders, servicers, and secondary markets on behalf of the school.
Membership is open to all schools, guarantors, lenders, servicers, and secondary markets.