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Encyclopedia > EdFinancial Services

EdFinancial Services is a private nonprofit corporation headquartered in Knoxville, Tennessee, providing student loan servicing. Nickname: The Marble City, K-Town, Big Orange Country, Knox Vegas Official website: www. ... Student loans are loans offered to students to assist in payment of the costs of professional education. ...


In 1988, CEO Tony Hollin launched Edsouth, the precursor to EdFinancial Services, in Knoxville. With the backing of local underwriters, Hollin spent six years steadily building the company, going bank to bank buying student loans. Today, EdSouth has assets approaching $4 billion and ranks nationally as the 13th largest holder of student loans.


Instead of marketing predominantly to students like some of its competitors, it uses a business-to-business strategy and communicates directly with financial aid administrators. The strategy worked, with a 70% annual growth rate over a five year period, and an increase from $3 million to $35 million in annual revenue. External Links International Chamber of E-Commerce: e-commerce store/catalog, point-n-click website builder, e-business tools & services ... Financial aid refers to funding intended to help students pay tuition or other costs, such as room and board, for education at a college, university, or private school. ...


In 2002, the company launched eCampusTours.com, which allows students to search online for colleges. The website features 360° by 360° virtual college tours of more than 11,000 college campuses. Each virtual tour allows students to see campus life through IPIX virtual tours. IPIX (Interactive Picture, Inc. ...


External links

  • EdFinancial Services
  • eCampus Tours


 
 

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