Schools across the Country are already realizing the benefits of using PTI's student loan solutions. See the summary of success in the state of Iowa below.
ISL is the secondary market in Iowa, and prides itself on innovative and complete service to its schools and borrowers. The guarantor in Iowa, the Iowa College Student Aid commission, is a remote client of Sallie Mae's guarantee system services. That means that the schools in Iowa were using Sallie Mae tools for their loan management, even though the partnership of ISL and ICSAC were the ones providing the day to day support.
In order to take control of their competitive marketplace, ISL and ICSAC turned to PTI's Prority SBS product. This solution allows the schools to transmit their loans to whichever loan provider they prefer, including guarantees performed at Sallie Mae. The critical change, however, is that the schools are now using tools that are branded to ISL and ICSAC. Instead of building loyalty to a competitor, the schools now build loyalty directly to the organizations that actually provide their service.
"Being the face to our schools is vital to providing excellent customer service from ICSAC and ISL. We have worked hard to establish a positive image with our schools. PTI's Priority SBS allows us to maintain that image - and even take it to the next level."
-Steve McCullough, President of ISL
