GCO Education Loan Funding Corp. Launches Re-Engineered Suite of The Educated Borrower^® Private Loan Products

GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--GCO Education Loan Funding Corp. (GCO-ELF), announced today that it has successfully launched its re-engineered suite of The Educated Borrower^® private student loan products. The Educated Borrower^®, (www.educatedborrower.com) offers intelligently designed products for students and families looking to finance an undergraduate, graduate or health professional education. Additionally, families looking to refinance private student loans can do so with The Educated Borrower^® private consolidation loan.

“In addition to a competitively priced product set, our investment in technology provides a highly automated, consumer-friendly borrower experience, which sets us apart from the competition,” said Robert Culnane, President of GCO-ELF. “Our products have been designed to be responsive to the needs of today’s college students in terms of amounts available, deferment options and repayment terms,” added Culnane.

The Educated Borrower^® offers real-time loan decisions with prompt funding. “We’re very excited about our re-entry into the private student loan market while so many other lenders are shuttering their doors. In this time of uncertainty in the market, we hope The Educated Borrower^® will provide peace of mind to families wondering how to finance their education.” concluded Culnane.

About GCO Education Loan Funding Corp.

Headquartered in Greenwood Village, Colorado, GCO-ELF commenced operations in September 2004 and now ranks among the nation's leaders in terms of total student loan assets.

GCO–ELF, through its wholly owned subsidiary, Private Academic Loans, LLC, developed The Educated Borrower^®, a privately funded, non-federally supported student loan program in January 2006.