Madison, Wis. -The previous Great Lakes Advanced schooling Organization & Associates (Great Ponds) has relaunched as Ascendium Studies Group. The newest renamed team usually make with the High Lakes’ 51-12 months reputation of help postsecondary accessibility and you can achievement and effective college student mortgage repayment.
Earlier this season, student loan servicer Nelnet, Inc. gotten the mortgage upkeep part of great Ponds. Pursuing the buy, the rest Higher Ponds organizations were reorganized as the Ascendium Knowledge Group. With everything 250 personnel, Ascendium, still the most significant guarantor from federal student education loans, will continue taking recommendations, systems and you can counseling to three million borrowers to assist them effortlessly pay its money.
Educational philanthropy will also remain many out of Ascendium’s mission having a focus on advanced schooling and overcoming the traps so you’re able to postsecondary availability and you may achievements. Much of Ascendium’s features are made to teams you to definitely research otherwise use techniques to render victory to possess underserved communities and college students off color, people of reduced-income backgrounds and you can pupils who will be the initial within household to pursue postsecondary education. It philanthropic really works comes from the newest organizations trust that degree is just one of the keys to a better existence which men and women underserved pupils provides usually experienced top pressures and yet feel the extremely attain out of doing postsecondary degree.
Great Ponds Higher education Will get Ascendium Training Group
Among the country’s prominent degree grantmakers, Higher Lakes provided almost $75 million from inside the offers from inside the 2017 to analyze top how to get students to help you and you may as a result of postsecondary training. Ascendium is actually poised so you’re able to quickly improve you to definitely count so you’re able to $one hundred mil per year.
“Everything we create, from our services to your philanthropy, was designed to make sure the success of pupils and help her or him reach the knowledge desires you to number very to them,” said Richard D. George, chairman, chairman and you may President regarding Ascendium. “The fresh new transition from loan maintenance will allow Ascendium to get results only for the those people methods and you will offerings that help you to mission.”
High Ponds Higher education Will get Ascendium Studies Class
Including philanthropy and you will guarantor properties, Ascendium also offers a collection of products for borrowers and school campuses entitled Attigo. cash loan advance Arizona Attigo factors become an educatonal loan payment help service, a monetary fitness studies training and students obligations letter communications bundle to aid universities adhere to county guidelines and you may improve scholar outcomes.
Madison, Wis. -The former High Lakes Degree Enterprise & Associates (Great Ponds) enjoys relaunched due to the fact Ascendium Degree Class. The new rebranded team usually create to the Great Lakes’ 51-seasons reputation for help postsecondary supply and you can completion and winning student mortgage repayment.
The 2009 seasons, student loan servicer Nelnet, Inc. obtained the loan maintenance part of good Lakes. Following order, the remainder Higher Lakes organizations had been reorganized since Ascendium Knowledge Category. Which have approximately 250 personnel, Ascendium, nonetheless the greatest guarantor away from federal student loans, continues providing pointers, devices and you may counseling to 3 mil individuals to assist them to effortlessly pay-off their loans.
Informative philanthropy also are nevertheless a majority of Ascendium’s goal with a focus on higher education and you will beating the new traps so you can postsecondary access and you can achievement. The majority of Ascendium’s features are designed to teams that search otherwise apply strategies to bring triumph getting underserved communities together with children off color, pupils off lower-earnings experiences and you may people that are the first within their families to follow postsecondary studies. So it philanthropic functions comes from this new company’s faith one to higher education is among the secrets to a better lives and therefore men and women underserved children keeps over the years encountered the number one demands yet have the extremely attain out of completing postsecondary education.