Ed Fund
EdFund is the United States' second largest provider of student loan guarantee services under the Federal Family Education Loan Program (FFELP). It is organized as a non-profit public benefit corporation. EdFund offers students and their families a wide range of information on the value of higher education, how to pursue it, how to pay for it, and debt management. In addition, EdFund supports schools with advanced loan processing solutions and default prevention techniques. EdFund is a trusted source of information for students and their families
Operating as an auxiliary corporation of the California Student Aid Commission, EdFund processes more than $9.3 billion in student loans in the United States annually (including Consolidation loans) and manages a portfolio of outstanding loans valued at $29 billion.
EdFund is headquartered in Rancho Cordova, California with regional offices located throughout the United States.
Read more about Ed Fund: History, Governance, Criticisms
Famous quotes containing the word fund:
“I am advised that there is an unexpended balance of about $45,000 of the fund appropriated for the relief of the sufferers by flood upon the Mississippi River and its tributaries, and I recommend that authority be given to use this fund to meet the most urgent necessities of the poorer people in Oklahoma.”
—Benjamin Harrison (1833–1901)