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North Hill Portfolio News

4.28.2008
SimpleTuition Launches Special Site with Interactive Comparison for Private Certified Student Loans

CertifiedPrivateLoans.com Draws on Feedback from the Financial Aid Community and Features Most of the Private Certified Student Loans Still on Taking Applications

Newton, MA -- SimpleTuition, the leading student loan comparison site for personalized student loan research, today announced the launch of www.CertifiedPrivateLoans.com, a new solution for families and college students looking for certified private loans. These loans are 'certified' by the school meaning the school reviews and signs off on the borrowing amount to ensure the student only borrows what is needed. The solution is a direct response to requests from the Financial Aid Community, and features a comprehensive listing of the top certified private student loans still available. Only certified private loans will be available at www.CertifiedPrivateLoans.com.

"We recognize that 2008 will present special challenges to financial aid professionals as families contact them with questions about loan availability," said Kevin Walker, SimpleTuition's co-founder and CEO. "We believe that policy makers are mobilizing to shore up availability of federal loans, but that the important supplemental resource of certified private student loans will face fundamental questions about availability throughout the summer. To help out, we've combined our interactive comparison shopping technology with a comprehensive, constantly updated, listing of the top certified private loans still available."


CertifiedPrivateLoans.com has a clean, simple, no-frills, design and features:

Interactive comparison of certified private loans only

More than a dozen loans certified private loans listed from launch - more to come

Loans from both SimpleTuition partners and non-partners

All loans treated equally in the display - no marketing tag lines or lender logos

Up to date lender and loan information - SimpleTuition keeps up with lender status and pricing

Currently, SimpleTuition has over 150 schools referenced or linked to www.CertifiedPrivateLoans.com. The site is specifically designed to feature only private student loans that require school certification as part of the approval and disbursement process. For more information, email partners@simpletuition.com or 617-630-6100.


About SimpleTuition, Inc.

Founded in 2005, SimpleTuition is the leading student loan comparison site for personalized student loan research. SimpleTuition is dedicated to helping students and parents make sense of education financing options. The company offers the leading independent and interactive solution for researching and comparing multiple Stafford, private, PLUS, and GradPLUS loans from dozens of lenders. The site has been recently featured on Kiplinger's Best List as the best financial services website for student loans and as one of Fast Company's Top Web 2.0 sites. The company also holds awards for exceptional website development from the Interactive Media Council, Web Marketing Association, and the International Academy of Visual Arts. SimpleTuition is headquartered in Newton, Mass., and is funded by Atlas Venture, Flybridge Capital Partners and North Hill Ventures. For more information, visit www.SimpleTuition.com.

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