COMPANY FOCUSED ON EMPOWERING LATINOS PARTNERS WITH EDUCATION LOAN SPECIALIST TO PROVIDE FINANCING SOLUTIONS
FOR LATINO STUDENTS AND PARENTS
May 3, 2006 (Press Release) --
Los Angeles (May 3, 2006) – VOY, LLC and the School Loans Corporation (SLC) of Los Angeles today announced the launch of VOY Student Loans (www.voystudentloans.com), the first fully bilingual loan service created by Latinos for Latinos that provides a broad range of education-focused financing solutions with reduced rates and personalized, one-to-one attention and advice. Today’s launch is the start of a national program through which VOY will help empower, through information and services, a generation of Latinos that seek higher education
VOY Student Loans provides students and parents with an integrated experience that offers expert financial advice with an emphasis on attentive, personalized service, in the language of their choice. Applicants can tap into a wealth of resources with the bilingual website and free telephone customer support, debt management and consolidation products, as well as industry-competitive loan repayment incentives and other services.
SLC is a pioneer in services that simplify the loan process for parents and students, while providing tailored information and advice. By developing and implementing higher education and financing solutions, SLC has helped thousands of students and parents make their education plans possible.
In making the announcement, VOY Chairman Fernando Espuelas said, “VOY was created to champion a philosophy of self-empowerment for Latinos. In our community, education has been, and will always be, a paramount concern for parents and students alike who know that educational attainment is the gateway to the American dream. Now, together with SLC, VOY Student Loans offers Latino students and their parents a new and improved method to realize their educational aspirations and assure a bright future.”
Dr. Maurice Salter, CEO and President of SLC said, “The Latino consumer, while representing the fastest growing segment of the college age population, is significantly underserved by financial services institutions. By partnering with VOY, we are now in a position to offer the consumer a powerful service to tap into financing opportunities that make the dream of an education a reality.”
Among the services offered at VOY Student Loans are a wide range of products for students and their parents, ranging from loans for primary and secondary education to undergraduate and graduate-level loan products:
• The VOY Stafford Loan is the most accessible form of student aid available in qualified amounts to eligible full- or half-time undergraduate and graduate students. It requires no credit check, is federally guaranteed, and has a low variable interest rate.
• The VOY Parent PLUS Loan is a federally guaranteed 10-year loan designed specifically for parents of undergraduate students to cover up to 100% of the costs of education (tuition, books, transportation, room and board), less any financial aid.
• VOY Private Loans offer financing flexibility to the entire family—from parents wishing to place their children in private schools to working adults seeking to update their skills. Loans with variable rates are available for the following: elementary and secondary schools; undergraduate, graduate and health care programs; and continuing education.
• The VOY Consolidation Loan allows parents, students and graduates to consolidate their existing eligible federal college loans into a single loan, reduce monthly payments, choose flexible repayment terms up to 30 years, and lock in the current interest rate for the rest of the loan term.
VOY will also shortly be offering:
• The VOY Graduate PLUS Loan is a federally guaranteed 10-year loan designed specifically for graduate students to cover up to 100% of the costs of education (tuition, books, transportation, room and board), less any financial aid.
All VOY Student Loans services are available online at www.voystudentloans.com and through its toll-free customer support center, at (866) 665-4VOY (4869).
VOY (meaning “I Go” in Spanish, www.voygroup.com) was founded with the goal of creating the first diversified media company focused exclusively on the fastest growing Latin demographic in the world: the new Pan Latin Generation. Consisting of upwardly mobile and bilingual 13-49 year old Latinos, the Pan Latin Generation is a fast growing segment of the global youth culture who seek their own voice in a media landscape largely devoid of relevant content. Whether consumed in English or Spanish, online or offline in theatres, in homes or while on the go, VOY has established a unique content creation, discovery and distribution platform that is rapidly becoming a place to find, share and consume the best of Latin entertainment and culture. VOY has offices in New York, Los Angeles and Buenos Aires.
Founded in 1996, School Loan Corporation has developed a portfolio of loan programs that not only provide federal and private student loans, but also guide borrowers through the often-confusing student loan process. The company specializes in education loan products that include servicing both federal student loans and private student loans, as well as offering students, parents, and graduates expert and personalized support through the application process and over the life of their loans. (www.schoolloanscorp.com)
# # #
MEDIA CONTACTS:
Gary Rosen Janice Lusky Greenspan
GARY ROSEN COMMUNICATIONS GARY ROSEN COMMUNICATIONS
(917) 751-9111 (305) 931-1926
(212) 547-8441 (305) 318-1566
VOY Student Loans provides students and parents with an integrated experience that offers expert financial advice with an emphasis on attentive, personalized service, in the language of their choice. Applicants can tap into a wealth of resources with the bilingual website and free telephone customer support, debt management and consolidation products, as well as industry-competitive loan repayment incentives and other services.
SLC is a pioneer in services that simplify the loan process for parents and students, while providing tailored information and advice. By developing and implementing higher education and financing solutions, SLC has helped thousands of students and parents make their education plans possible.
In making the announcement, VOY Chairman Fernando Espuelas said, “VOY was created to champion a philosophy of self-empowerment for Latinos. In our community, education has been, and will always be, a paramount concern for parents and students alike who know that educational attainment is the gateway to the American dream. Now, together with SLC, VOY Student Loans offers Latino students and their parents a new and improved method to realize their educational aspirations and assure a bright future.”
Dr. Maurice Salter, CEO and President of SLC said, “The Latino consumer, while representing the fastest growing segment of the college age population, is significantly underserved by financial services institutions. By partnering with VOY, we are now in a position to offer the consumer a powerful service to tap into financing opportunities that make the dream of an education a reality.”
Among the services offered at VOY Student Loans are a wide range of products for students and their parents, ranging from loans for primary and secondary education to undergraduate and graduate-level loan products:
• The VOY Stafford Loan is the most accessible form of student aid available in qualified amounts to eligible full- or half-time undergraduate and graduate students. It requires no credit check, is federally guaranteed, and has a low variable interest rate.
• The VOY Parent PLUS Loan is a federally guaranteed 10-year loan designed specifically for parents of undergraduate students to cover up to 100% of the costs of education (tuition, books, transportation, room and board), less any financial aid.
• VOY Private Loans offer financing flexibility to the entire family—from parents wishing to place their children in private schools to working adults seeking to update their skills. Loans with variable rates are available for the following: elementary and secondary schools; undergraduate, graduate and health care programs; and continuing education.
• The VOY Consolidation Loan allows parents, students and graduates to consolidate their existing eligible federal college loans into a single loan, reduce monthly payments, choose flexible repayment terms up to 30 years, and lock in the current interest rate for the rest of the loan term.
VOY will also shortly be offering:
• The VOY Graduate PLUS Loan is a federally guaranteed 10-year loan designed specifically for graduate students to cover up to 100% of the costs of education (tuition, books, transportation, room and board), less any financial aid.
All VOY Student Loans services are available online at www.voystudentloans.com and through its toll-free customer support center, at (866) 665-4VOY (4869).
VOY (meaning “I Go” in Spanish, www.voygroup.com) was founded with the goal of creating the first diversified media company focused exclusively on the fastest growing Latin demographic in the world: the new Pan Latin Generation. Consisting of upwardly mobile and bilingual 13-49 year old Latinos, the Pan Latin Generation is a fast growing segment of the global youth culture who seek their own voice in a media landscape largely devoid of relevant content. Whether consumed in English or Spanish, online or offline in theatres, in homes or while on the go, VOY has established a unique content creation, discovery and distribution platform that is rapidly becoming a place to find, share and consume the best of Latin entertainment and culture. VOY has offices in New York, Los Angeles and Buenos Aires.
Founded in 1996, School Loan Corporation has developed a portfolio of loan programs that not only provide federal and private student loans, but also guide borrowers through the often-confusing student loan process. The company specializes in education loan products that include servicing both federal student loans and private student loans, as well as offering students, parents, and graduates expert and personalized support through the application process and over the life of their loans. (www.schoolloanscorp.com)
# # #
MEDIA CONTACTS:
Gary Rosen Janice Lusky Greenspan
GARY ROSEN COMMUNICATIONS GARY ROSEN COMMUNICATIONS
(917) 751-9111 (305) 931-1926
(212) 547-8441 (305) 318-1566
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