OGSLP NewsFlash

8/5/2008

OGSLP Offers SimpleTuition Loan Comparison Tool for Schools and Families

A simpler way to compare education loans is now available for Oklahoma students and families. Thanks to a partnership between the Oklahoma Guaranteed Student Loan Program (OGSLP) and SimpleTuition, schools have new options to help students navigate the lender selection process.

As a result of this new partnership, Oklahoma schools will have two new lender list options for students and families. Schools can direct students to a master OGSLP lender list or opt to have a customized lender list created. Both options allow students and families to compare education loans and loan providers.

“We’re excited about providing this tool to our school customers,” said Mary Mowdy, OGSLP Executive Director. “We feel it’s a helpful resource that empowers schools to simplify the loan selection process for students and parents who are seeking the best fit for their current circumstances and future plans,” she said.

Founded in 2005, SimpleTuition allows users to compare, analyze and apply for student loans. Search results can be sorted by a variety of factors, like monthly payment, total loan cost, number of payments, date of first payment or annual percentage rate, allowing users to compare loan options based on the criteria that are most important to them.

What does this mean for you as an OGSLP customer? Contact your School/Lender Support Services representative for more information and/or plan to participate in one of the upcoming SimpleTuition Webinars offered by OGSLP:

Operational Webinar for Lenders
Thursday, August 21, 2008
10:00 AM – 11:00 AM CST
Click here to register


Platform Demonstration Webinar for Schools
Thursday, September 4, 2008
2:00 PM – 3:00 PM CST
Click here to register


Platform Demonstration Webinar for Schools
Thursday, September 11, 2008
9:00 AM – 10:00 AM CST
Click here to register

Lenders will soon receive additional information and forms, and can contact School/Lender Support Services at 405.234.4329 or schoolandlendersupportservices@ogslp.org with questions about this project.

We look forward to working with you through this exciting partnership!




Angela O. Caddell
Director for Communications, Financial Education, and Outreach
OGSLP
P.O. Box 3000
Oklahoma City, OK 73101-3000
acaddell@ogslp.org
www.ogslp.org