NextStudent Jumps to No. 15 on Top 100 Consolidating Lenders List

NextStudent, one of the nation’s premier education funding companies, is listed No. 15 on the Top 100 Consolidating Lenders for fiscal year 2004, advancing from the No. 23 spot in fiscal year 2003.

(PRWEB) November 12, 2005 -- The company moved up the list a total of 46 spots from its No. 61 position in fiscal year 2002. The Top 100 Consolidating Lenders is released yearly by the Department of Education. The list can be found at http://www.fp.ed.gov/PORTALSWebApp/fp/pubs.jsp.

"The company continues to grow, and we hope to do more loan volume next year and to help more students consolidate," said Don Fenstermaker, chief executive officer at Phoenix-based NextStudent.

The company daily generates more loans due to better customer service, more benefits to borrowers, and new technologies that make the student loan process easier for students.

"It has been amazing to see and be a part of the strides that NextStudent has taken over the last year to get where we are today," said Jason Benedict, director of sales.

NextStudent started as a scholarship search engine in 1991. In 2001 the company evolved into a one-stop shop for all education finance needs.

About NextStudent

NextStudent is dedicated to helping students and their families find affordable ways to pay for college. NextStudent offers one-on-one education finance counseling and has a portfolio of highly competitive education lending products and services, including a free online scholarship search engine, low and no-cost federal student loans, parent PLUS loans, private student loans, and federal student loan consolidation programs.

The NextStudent Scholarship Search Engine, one of the nations’ oldest and largest scholarship search engines, is updated daily, available free of charge, completely private – and represents more than 800,000 scholarships worth more than $2.8 billion. For more information about NextStudent’s consolidation loan program, please visit the company’s Web site at http://www.nextstudent.com/consolidation_loans/consolidation_loans.asp.

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