SOURCE: NextStudent

March 30, 2007 16:57 ET

NextStudent Clinches No. 4 Spot on Top 100 Consolidating Lenders List

PHOENIX, AZ -- (MARKET WIRE) -- March 30, 2007 -- The U.S. Department of Education March 26, 2007 released its Top 100 Consolidating Lenders for 2006 and 2005, with NextStudent firmly entrenched in the No. 4 position on the Top Lenders List. Over the past six years NextStudent has seen impressive growth, moving up a total of 44 spots on the list since its No. 61 position in 2002 to No. 17 last year, and then into the top five for 2006.

Phoenix-based NextStudent is a premier education funding company that began as a scholarship search engine in 1991 and has grown to serve hundreds of thousands of students in financing their college dreams in a simple, easy and reliable manner.

"We have come so far in the last five years, serving thousands of students through student loan consolidation. We are dedicated to continuing our commitment to top-notch customer service through delivering innovative technologies and new strategies that impact others in the field of education," said Jason Benedict, NextStudent's Vice President of Sales and Marketing.

The company has exhibited such strong consistent growth partly due to its outstanding customer service, as all borrowers are personally assigned an Education Finance Advisor to walk them through the student loan process from start to finish. Additional factors include new cutting-edge technologies and aggressive benefits such as the 1 percent LOCKED federal student loan consolidation discount that helps students save thousands over the term of their loan, according to NextStudent.

About NextStudent

NextStudent, http://www.nextstudent.com/, federal lender code 834051, is dedicated to helping students and their families find affordable ways to pay for college. NextStudent offers one-on-one education finance counseling and has a portfolio of highly competitive education finance products and services including a free online scholarship search engine, federally guaranteed parent and student loans, private student loans, both federal and private student loan consolidation programs, and college savings plans.

The NextStudent Scholarship Search Engine, one of the nation's oldest and largest scholarship search engines, is updated daily, available free of charge, completely private -- and represents 2.4 million scholarships worth $3.4 billion.

For more information about NextStudent and its student loan programs, please visit the company's Web site at http://www.nextstudent.com/.

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