Private Schooling Direct Forms Strategic Marketing Partnership with Wachovia
Online private school resource and tuition lender to join forces in assisting parents with locating and financing elementary and secondary private education.
Boca Raton, FL (PRWEB) September 12, 2006 -- Private Schooling Direct, the premier online resource for parents seeking private education choices for their children, today announced the formation of a strategic marketing partnership with Wachovia.
Wachovia assists parents in financing their children's private education with a loan designed specifically for private K-12 programs. Wachovia offers up to $20,000 annually with an interest rate as low as the Prime rate for qualified borrowers.
As part of a continued effort to expand and increase awareness of this Wachovia loan product, parents using the Private Schooling Direct online resource will have the option of requesting financing information from the moment they begin researching their choices of schools. Wachovia will also provide educational financing information directly within the Private Schooling Direct website.
"Other than information regarding specific schools, tuition financing information continues to be the number one request we receive from both parents and schools on a daily basis," said James Reilly, President, Private Schooling Direct. "We are encouraged that this partnership will help to address the concerns of our visitors seeking private education as well as our private school clients."
The Private Schooling Direct online resource is currently used by over 25,000 families per month as they research PreK -- 12th grade private schools across the nation. Parents using this resource can request admissions information directly from schools they deem to be a possible fit for their children. For client schools, the resource provides the ability to immediately increase their reach to both local families and those currently in the process of relocating.
In addition, Wachovia and Private Schooling Direct will conduct a joint marketing campaign to private schools across the nation to announce the partnership and increase awareness of the various services offered.
About Wachovia Corporation
Wachovia Corporation is one of the nation's largest diversified financial services companies, providing 13.4 million household and business relationships with a broad range of banking, asset management, wealth management and corporate and investment banking products and services. Wachovia has retail and commercial banking operations in 16 states with 3,109 offices from Connecticut to Florida and west to Texas and California. Two core businesses operate under the Wachovia Securities brand name: retail brokerage in 49 states and in Latin America, and corporate and investment banking in selected industries nationwide. Globally, Wachovia serves clients through more than 40 international offices. Online banking is available at wachovia.com; online brokerage products and services at wachoviasec.com, and investment products and services at evergreeninvestments.com. Wachovia had assets of $553.6 billion, market capitalization of $86.0 billion and stockholders' equity of $48.9 billion at June 30, 2006.
About Private Schooling Direct
Private Schooling Direct, LLC operates the premier online resource designed to assist parents in locating and researching private, parochial, and religious schools grades PreK-12, in a desired area. For private schools, Private Schooling Direct is the most effective way to attract attention from families searching for alternatives to public education. For more information, please visit www.privateschoolingdirect.com or contact Jesse Josephson, Vice President of Marketing - via telephone at 561-417-7768.
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