We serve a vital mission
As a nonprofit corporation providing services in support of higher education finance, we assist students and families in their efforts to plan and pay for college.
We simplify the student loan process to help borrowers through the repayment of their student loans. Through ECMC Foundation, we help first-generation, low-income students of all ages pursue their education goals.
National guaranty agency
We have guaranteed over $11 billion in student loans and maintain one of the lowest cohort default rates in the country.
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Bankruptcy servicer for federal student loans
When a student loan borrower enters bankruptcy, chances are we will service their loans. As the primary bankruptcy servicer for the federal student loan industry, we have helped nearly 400,000 borrowers.
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Expanded business lines
We’re expanding beyond our nonprofit role and exploring other avenues for growth.
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ECMC Foundation
For many low-income students college seems out of reach. We challenge that attitude with innovative education programs and scholarships that help first-generation college students plan for college, succeed academically and achieve their dreams.
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