My Colby-Sawyer Experience
"To touch students' lives and to form friendships as a result of this profession makes it incredibly meaningful."
- Pat Anderson, Professor, Humanities
[ read more ]
CitibankTo Offer Colby-Sawyer College Savings on Students' Education Loans
NEW LONDON, N.H., Feb. 1, 2006 — Colby-Sawyer College announces an exclusive agreement with The Student Loan Corporation, a subsidiary of Citibank N.A., aimed at reducing the cost of financing higher education for students. Under the new agreement, Colby-Sawyer students and their parents will be eligible for Federal Stafford loans, Parent Loans for Undergraduate Students (PLUS), and a variety of other educational loan programs with no origination fees and low interest rates, according to Joe Chillo, vice president for Enrollment Management and College Relations at Colby-Sawyer College.
“Higher education is an important investment in the future, and we are committed to working closely with students and their families to make a Colby-Sawyer College education more accessible and affordable,” says Chillo. “In working with a single lending institution, we can help families keep up with the rising cost of higher education by significantly reducing their overall costs of financing a college education.”
In addition to traditional educational loans, Citibank will offer a variety of lending programs to Colby-Sawyer parents, faculty, staff and alumni. These programs include a home equity line of credit for education and a mortgage program with preferred rates. Students will also be eligible for Citibank's checking and savings accounts and credit card program with specialized student services.
“We are extremely pleased to work closely with the financial aid professionals at Colby-Sawyer College to provide Citibank's suite of loan products helping to meet the needs of students and parents by covering all education expenses, offering competitive rates, flexible repayment options, repayment benefits and customized support,” said Kurt Schneiber, executive director of The Student Loan Corporation. “In order to help them achieve their education objectives, we have developed tailored programs that are a specifically focused on their identified needs. We look forward to a successful program with the school wherein these aspiring students prepare for a successful future.”
For more information about Colby-Sawyer's financial services through Citibank, contact the Office of Admissions and Financial Aid at (800) 272-1015.
Citibank is a member of Citigroup (NYSE: C), the leading global financial services company, which has some 200 million customer accounts and does business in more than 100 countries, providing consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, and wealth management. Major brand names under Citigroup's trademark red umbrella include Citibank, CitiFinancial, Primerica, Smith Barney and Banamex. Additional information may be found at www.citigroup.com.
The Student Loan Corporation (NYSE: STU) is one of the nation's leading originators and holders of insured student loans providing a full range of education financing products and services to meet and became a NYSE-listed corporation in 1992. Citibank, N.A. is the majority shareholder. Citibank was one of the first banks to finance higher education, beginning in 1958. Today, The Student Loan Corporation serves approximately 1.7 million customers and over 3,000 schools nationwide.
Mark Rodgers
Citibank
Public Affairs
(212) 559-1719
rodgersm@citigroup.com
Brad Svalberg
Citibank
The Student Loan Corporation
Investor Relations
(203) 975-6292
bradley.d.svalberg@citigroup.com
Colby-Sawyer, founded in 1837, is a comprehensive liberal arts college located in the scenic Lake Sunapee Region of central New Hampshire. Students from 25 states and five foreign countries learn in small classes through a select array of programs that integrate the liberal arts and sciences with pre-professional experience.
