HESC Student Loan Marketplace - Lender Resources

HESC Student Loan Marketplace Lender Resources

Program Information

Marketplace Lender Brochure Marketplace Questions and Answers

Participation Resources

Marketplace Lender Induction Guide Marketplace Lender Integration Guide Marketplace Total Cost of Borrowing Methodology Marketplace Customer Support Overview Marketplace Lender Training and Support Overview

Participation Documents

Marketplace Lender Agreement (draft agreement as of 2/12/08) Marketplace Non-Disclosure Agreement Appendix A: Standard Clauses for New York State Contracts

HESC Student Loan Marketplace allows lenders to present alternative loans to more students than ever before and gives lenders the opportunity to work with schools to highlight their current preferred lender standing using Marketplace's unique star rating system.

Marketplace offers an opportunity to build market share and boost student loan revenues while providing students with an easier way to choose the alternative loans that are right for them.

Marketplace Benefits

With HESC Student Loan Marketplace, participating lenders' products are clearly presented, allowing borrowers to quickly and easily evaluate their alternative loan options.

Marketplace is the first Web site in the nation to provide alternative loan comparisons and real loan terms with just one credit check.

In addition, Marketplace was specifically designed as an open network to ensure transparency of lender information and to assist schools with their concerns with New York State's Student Loan Accountability, Transparency and Enforcement (SLATE) Act of 2007.

Program Participation

The adjacent table contains more in-depth information about HESC Student Loan Marketplace as well as information and documentation to help lenders initiate program participation.

To speak with a representative about HESC Student Loan Marketplace, contact us via email at marketplace@hesc.org