As you are well aware, one of the biggest challenges to the student loan financing process has been the myriad of players involved in education loans. In addition, as loans are shifted from one funding source to another, there is often a great deal of confusion and extra paperwork for students and unexpected administrative burdens for schools. NorthStar , a respected leader in the student loan industry, eliminates the confusion related to funding and ownership of loans by using a central administrator and tapping the generic financial markets for the most efficient funding source possible. When schools partner with us, you are taking on a role unique to any other you have played in past loan programs.
Schools have an active role in how our programs are run.
Schools set the overall policies for the T.H.E. loan program and decide how best to utilize the residual funds, or profits. All of this is without any risk to your institution.