Collegiate Funding Services, Inc. Reaches Hispanic Market Through New Marketing Initiatives
29 Août 2005 - 3:30PM
PR Newswire (US)
FREDERICKSBURG, Va., Aug. 29 /PRNewswire-FirstCall/ -- Collegiate
Funding Services, Inc. (NASDAQ:CFSI) has launched a formal
marketing initiative to provide the nation's fast growing Hispanic
community with enhanced information and access to federal student
loan consolidations. U.S. Census Bureau data indicates that the
Hispanic population, which is expected to exceed 13 million
households by 2010, is now the fastest growing demographic in the
U.S. The National Center for Education Statistics estimates that
Hispanic college student enrollment will increase from 11 percent
to 15 percent by 2015. In response to these trends, Collegiate
Funding Services has introduced several features that are tailored
to help Hispanic customers evaluate the benefits of student loan
consolidation. Through Collegiate Funding Services, Hispanic
customers can: * Access bi-lingual loan consolidation counselors
toll-free at 1-866-790- 1670 * Access marketing materials and legal
documents -- from applications to promissory notes -- in their
preferred language * Visit an interactive website at
http://www.espanol.slcp.com/ and view videos on how to reduce
monthly student loan payments through consolidation or use the
payment calculator to estimate loan payments "This initiative is
part of Collegiate Funding Services' commitment to providing the
highest quality of service to the Hispanic market and reflects our
overall commitment to meeting the needs of individual customers,
one customer or family at a time," said J. Barry Morrow, president
and chief executive officer of Collegiate Funding Services, Inc.
About Collegiate Funding Services Collegiate Funding Services is a
leading education finance company dedicated to providing students
and their families with the practical advice and loan solutions
they need to help manage and pay for the cost of higher education.
Collegiate Funding Services also offers a comprehensive portfolio
of education loan products and services -- including loan
origination, loan servicing, and campus-based scholarship and
affinity marketing tools -- to the higher education community. As
of June 30, 2005, Collegiate Funding Services had facilitated the
origination of more than $20 billion in education loans; the
company currently manages almost $12 billion in student loans for
more than 460,000 borrowers. For additional information, visit
http://www.cfsloans.com/ or call 1-888-423-7562.
http://www.newscom.com/cgi-bin/prnh/20050714/DCTH039LOGO
http://photoarchive.ap.org/ DATASOURCE: Collegiate Funding
Services, Inc. CONTACT: Ann Collier, Senior Vice President,
Corporate Communications, +1-540-368-5970, Fax: +1-540-368-5963, ,
or Gary Tiedemann, Vice President, Investor Relations,
+1-540-735-1235, Fax: +1-540-735-1239, , both of Collegiate Funding
Services, Inc. Web site: http://www.cfsloans.com/
http://www.espanol.slcp.com/
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