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LifeCare Enhances Educational Loan Services by Partnering with Sallie Mae^®

LifeCare recently selected Sallie Mae^®, the leading financer of federal and private education loans, as its new educational loan provider. LifeCare President, John Place, said that Sallie Mae was chosen for a number of reasons. “In addition to being one of the country’s most experienced educational loan financiers, Sallie Mae offers the most competitive rates, the most comprehensive array of services and loan options, and an uncompromising commitment to quality customer service. By partnering with Sallie Mae, we’ve given LifeCare clients access to the nation’s premier educational loan services.”

With the rising costs of college tuition, paying for education can be a real challenge, Place noted. So LifeCare provides much needed information and referrals to a variety of financial resources—scholarships, federal aid, private aid, etc.—including Sallie Mae’s EmployeesFirst Source For Education^SM program. In fact, on December 1, specialists at LifeCare’s call centers will begin warm-transferring client employees to Sallie Mae’s loan counselors for assistance with loan financing. (Clients who prefer not to participate in the program should contact their account managers by November 26.)

In addition to telephonic access, employees with online access to LifeCare can link conveniently to Sallie Mae’s web site. Sallie Mae’s comprehensive site allows employees to download online applications for both federal and private loans, receive free information on scholarships, use loan calculators, learn about tax credits as well as 529 savings plans, and even access a test preparation tool that helps students prepare for college entrance exams.

The EmployeesFirst Source For Education loan program covers education-related expenses including tuition, room and board, books, supplies and living expenses. The program provides assistance with:

	Federal loans (including Stafford Loans and Parent Loan for Undergraduate Students)
	Private loans (for all levels of education, from kindergarten to grad school, as well as technical training or trade school)
	Graduate loans (covering medical, legal and MBA studies)