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Campus Door and Key Education Resources announce new alliance
Contact:
Keith Landis
Senior Vice President
(717) 940-8394
klandis@campusdoor.com
KeyCorp contact:
Roger Cantrell
(253) 305-7129
roger_cantrell@keybank.com
Campus Door and Key Education Resources announce new alliance
Carlisle, PA, 25 July 2001 - Campus Door and Key Education Resources/KeyBank USA have teamed up to provide new products to fund higher education. Campus Door private education loans will now be originated with KeyBank USA. KeyBank USA is a KeyCorp company.
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"This alliance is a tremendous step forward as Campus Door continues its mission of increasing educational opportunity by increasing financial assistance for parents and students," said Campus Door President Damien Q. Elias. "Key is an established and experienced player in the education market and one of the largest financial services companies in the nation. Together we can bring out more innovative products to meet the evolving needs of our customers in the new economy."
Randy Behm, senior vice president for Key Education Resources, said, "Campus Door and Key have a common goal—providing quality, affordable access to education to as many students and their families as possible. I look forward to a productive relationship."
Campus Door (campusdoor.com) provides private educational loans that can cover up to 100 percent of the total cost of education. Because they can be deferred while the student is enrolled at least half-time and for twelve months after graduation, they provide cash flow flexibility not found in many loan products. In addition, because Campus Door loans are not governmental programs and are not need-based, they are open to many families that do not qualify for traditional student loans.
About Campus Door
Campus Door is a leading provider of Internet resources for planning and financing education. Through their online loan process, qualified applicants can obtain immediate credit approval, complete and submit an application for up to 100 percent of their cost of attendance, and check the real-time status of their accounts. The program consists of non-federal loans offered exclusively by Campus Door.
About KeyCorp
Cleveland-based KeyCorp (NYSE:KEY) is one of the nation's largest multiline financial services companies, with assets of approximately $86 billion. Key companies provide investment management, retail and commercial banking, retirement, consumer finance, and investment banking products and services to individuals and companies throughout the United States and, for certain businesses, internationally. The company's businesses deliver their products and services through KeyCenters and offices; a network of approximately 2,400 ATMs; telephone banking centers (1.800.KEY2YOU); and a Web site, Key.com,Ò that provides account access and financial products 24 hours a day.
Key Education Resources is one of the largest education lenders in the nation. It offers a full range of products and services for K-12, undergraduate, graduate and professional school, Information Technology and continuing education, including federal loans, private loans and payment plans.
This article courtesy of http://www.theofficialeducationsource.com.
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