ICBA News Release
FOR IMMEDIATE RELEASE
iHELP Offers College-Planning Resources To Help Students Navigate Issues Surrounding Financial Investment of College Degrees
Washington, D.C. (March 28, 2013)—The Independent Community Bankers of America ® (ICBA) and iHELP today announced that iHELP has expanded its services to prospective higher-education students to include college-planning resources such as scholarship information, cost comparisons between universities and regional salary statistics for a variety of career options through a new website, www.ihelploan.com.
“ICBA is pleased to work in conjunction with iHELP, a company dedicated to helping students and their families make informed decisions about higher education. These resources will help students identify numerous resources to help them pay for tuition, including private student loans, and also help them to plan future career paths by identifying relevant courses of study and associated regional salaries,” ICBA Executive Vice President of Services Dan Clancy said.
iHELP views higher education as a personal and financial investment. College-planning tools, such as search-and-comparison features, help students identify colleges that suit their individual needs by location, rankings, and specialty subjects, then compare colleges side-by-side to review lifestyle factors, admission requirements, tuition costs, and more. Students and families can also utilize several calculators to estimate the cost of living while in college, the amount of money available through scholarships and federal aid, and the future value of the degree. If students determine that they will require a private student loan, the application for an iHELP student loan is available through more than 50 local community banks and online.
“Deciding how you will finance your education should be part of a broader equation that considers the cost of college and the salary outlook for a given profession,” said iHELP program executive Kevin Moehn. “At iHELP, we encourage students and their families to use our new site as a financial literacy and planning resource. It is important that students know what kind of return on investment in higher education they might expect.”
The Independent Community Bankers of America®, the nation’s voice for nearly 7,000 community banks of all sizes and charter types, is dedicated exclusively to representing the interests of the community banking industry and its membership through effective advocacy, best-in-class education and high-quality products and services. For more information, visit www.icba.org.
About iHELP private student loans
The iHELP Private Student Loan Program is provided through more than 5,000 community minded member banks of the Independent Community Bankers of America (ICBA). iHELP and its lending partners are committed to helping students and their families make informed decisions about their plans for higher education, providing current resources on school costs, estimated salaries for various careers, and providing free access to more than 17,000 available scholarships. The Student Loan Finance Corporation administers iHELP for its banks and has more than 30 years of experience in the student loan business. www.ihelploan.com.