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CU Student Choice adds consolidation grad program loans
WASHINGTON (11/5/10)--Credit Union Student Choice will begin offering private consolidation and graduate business loan programs to all its credit union clients in 2011, according to a company announcement. The private consolidation loan will allow college graduates to consolidate multiple private student loans into a single loan. Scott Patterson, executive vice president, said the surge in private student lending activity in the last decade creates significant opportunity for this market. The graduate business loan will be available to students attending an approved business school and will be structured similar to undergraduate loans. Credit Union Student Choice is a turnkey private student lending service serving more than 165 credit unions nationwide. Participating credit unions make school-certified private student loans that are held on their own balance sheets.


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