The first choice in outsourced private student loan programs
With the end of the Federal Family Education Loan Program (FFELP), private student loans have become the primary means by which banks and credit unions can help students pay for school — and engage the desirable 18-to-24 demographic.
First Marblehead's fully outsourced solution — the Monogram® platform — provides the industry-specific expertise and infrastructure lenders need to expand their customer base while carefully managing risk.
Industry-leading products and services
The platform's proprietary Custom Scorecard outperforms more risk tools like FICO, so you can get a more precise, nuanced assessment of risk — and connect with a more credit worthy borrower. Our online loan application technology lets you interact with customers via a branded interface, customized with your logo, images, and colors. And our platform ensures that you retain any and all customer data collected on your behalf.
First Marblehead offers nearly 20 years of experience in the education lending space, a dedicated focus on private student loans, and the flexibility and personal attention to ensure you go to market with the right outsourced student loan program. Learn more about what we can do for you today.