BOWLING GREEN STATE UNIVERSITY

January 9, 2006
Spacer

  Monitor Logo
A weekly publication for the BGSU community

Partnership with Sallie Mae produces new student loan program

Through a new loan agreement between BGSU and the SLM Corp. (“Sallie Mae”), the average Bowling Green student who borrows over four years can save $7,000 in repayment over the life of the loan, compared to the lowest rate offered previously by the University, Student Financial Aid officials estimate.

BGSU chose Sallie Mae to assist in providing private loan financing for its students based on the comprehensive financing and a service package that provides student borrowers with one-stop-shopping simplicity, according to financial aid Director Craig Cornell.

Last year, the University awarded $26.5 million in alternative loans to more than 3,800 students.

"We are very excited to have partnered with Sallie Mae in the development of our new BGSU Signature Loan," Cornell said. “Through the RFP (request for proposal) process, Sallie Mae was able and willing to meet our specific campus population needs in developing a program for us. We will now be able to offer our students and their families the best private alternative loan program I am aware of.”


[READ MORE]
Spacer

Spacer Spacer
More News

BGSU students add color to historic Hayes home
It was called the Red Parlor, but historically, it has existed in black and white. Thanks to interior design students at BGSU, however, the room in President Rutherford B. Hayes’ Fremont home is showing its true, late 19th-century colors.
[READ MORE]

AIMS Program endorsed by Marathon Pipe Line
Students and staff of the AIMS (Academic Investment in Math and Science) Program on Dec. 16 received an affirmation of the program’s quality when Marathon Pipe Line presented AIMS with a $5,000 check.
[READ MORE]

Students, staff ‘mobilize’ to help Katrina survivors
Fifty-two BGSU students, along with four staff members, put the holiday spirit into action last month in Mobile, Ala., helping residents recover from Hurricane Katrina.
[READ MORE]