SOURCE: NextStudent

April 25, 2007 16:24 ET

NextStudent's Student Loan Blog: An Excellent Resource for Financial Aid News

PHOENIX, AZ -- (MARKET WIRE) -- April 25, 2007 -- NextStudent, the Phoenix-based premier education funding company, maintains a Student Loan Blog to help students, parents and industry leaders keep up to date on late-breaking student loan news. With the recent climate changes on Capitol Hill, the student loan industry has been in the forefront of political debate, and NextStudent's daily blog is an excellent resource for what's happening now with student loan funding policy.

Currently, the blog covers not only news on student loan industry changes, but changes in policy that affect other areas of student life, including sports, "College Sports to Be Taxed?" and early decisions, "College Decides to Nix Early Binding Admissions," as well as student life articles. The blog covers the following topics on the following days: "Student Loan News" on Monday; "This Week in Student Loans" on Tuesday; "Student Loan Legislation" on Wednesday; "Student Loan Advice" on Thursday; and "Campus Life" on Friday.

NextStudent is Committed to Customer Education

The NextStudent Blog celebrates its second anniversary this year. It originally was created in December 2005 as an additional educational resource for customers on how college loans and financial aid are affected by legislation and Department of Education developments. NextStudent showed its commitment to technology and how the Web plays a role in consumer education and real-time information gathering with its first posted blog titled "Start Applying for Financial Aid as early as Jan. 1."

Oftentimes, parents and students aren't up to date on the ever-changing financial aid process in the United States and find themselves rummaging through a financial wilderness when it comes to taking out student loans. However, NextStudent's Student Loan Blog can help students and parents contextualize why certain decisions are made within the student loan industry because it highlights the federal regulation discussions and changes that make the student loan industry so dynamic. The NextStudent Blog reports on student loan issues that are important and timely, with stories culled from industry resources such as the National Council of Higher Education Loan Programs' (NCHELP) Daily Briefing.

NextStudent Gives Students More

NextStudent's commitment to education reaches not only across the Web but also in its personalized phone service. Every NextStudent customer is assigned an individual Education Finance Advisor to field financial aid questions, and walk students and their families through the entire financial aid process.

Additionally, NextStudent believes in promoting higher education and the search for scholarships. The financial aid process begins with the search for "Free Money," or "Free Funding," because these important programs help millions of students fund their college education dreams. Therefore, NextStudent offers a free Scholarship Search Engine that houses more than 42,000 college funding sources for over 2.4 million individually awarded scholarships valued at over $3.4 billion.

About NextStudent

NextStudent, 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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