Ascendium Education Solutions serves as a guarantor of Federal Family Education Loans. Although Great Lakes sold its student loan servicing business, it wasnât all the way out of the student loan business. Rural Works’ partner agencies are tailoring workforce programs to local industries and employment challenges—including the COVID-19 unemployment crisis and the growth of remote and technology-based careers. Amy Kerwin is Ascendium’s Vice President of Education Philanthropy. With a $1.3 million grant to Rural LISC, Ascendium is helping build the national capacity of the collaborative so that successful programs can be scaled up and replicated, and thereby support rural economic growth. Rural Works is part of LISC’s broad economic development agenda, including a robust investment commitment called The Rural Promise, focused on deepening the impact of community development throughout small towns, farming communities and coal country. “When we invest in the rich culture and talent of rural communities, we broaden the pathways to opportunity for workers and for employers, which need access to a well-trained workforce to grow,” said Maurice A. Jones, president and CEO of the Local Initiatives Support Corporation (LISC), the nation’s largest community development organization, which oversees Rural LISC. In this post, Iâll explain who Ascendium Education Solutions is and what they have to do with your student loans.
Below is the answer to that question. In fact, the acquisition made Nelnet the largest federal student loan servicer in America. Ascendium: Education Philanthropy News Posted on December 11, 2019 Categories: News No comments yet Catch up on everything Ascendium with their most recent newsletter.
WASHINGTON (June 18th, 2020)—Rural LISC is partnering with Ascendium Education Philanthropy on a new national collaborative to expand employment and incomes for people and businesses in rural communities. Connect with Attigo. Unable to update subscription. Great Lakes remained the largest guarantor of Federal Family Education Loans. Ascendium Education Solutions: Who They Are & What Do They Have To Do With Your Student Loans, education philanthropy division (exploring systemic obstacles preventing the completion of postsecondary education), default assistance division (educating borrowers on the consequences of default), and, Attigo suite of products (educating borrowers on financial wellness so they can achieve their education goals). Subscribe to Attigo's Newsletter. ... Ascendium Education Philanthropy.
The name change affects only the business that wasnât sold to Nelnet. A well-trained workforce is central to that focus, as it not only connects workers to existing opportunities but also encourages employers to put down roots in rural communities, said Justin Burch, senior program officer who oversees Rural Works. Education — Inside Philanthropy Save www.insidephilanthropy.com An Influential Donor Looks to Redesign American Higher Education Players' Corner: The NBA’s Top Emerging Givers Personal Impact: A Children's Book Author Focuses on Literacy and Teachers Ascendium Education Group is the parent company and Ascendium Education Solutions is a subsidiary of the Group. Read a bit about me & how I got started with student loans. Visit Rural Works Partners for more on the partner organizations and the communities they serve. Student loan guarantor Ascendium Education Group has announced a $10 million commitment in support of efforts by postsecondary education networks and membership organizations to promote education reform during the coronavirus pandemic.. With the aim of supporting community colleges and other institutions of higher education, which have been slashing budgets in anticipation … In addition to its $10 million commitment, Ascendium has created a $2 million COVID-19 Emergency Response Fund to address immediate needs in the field and, through the fund, has awarded a grant to the Charles A. Dana Center at the University of Texas at Austin, which is working with instructors of gateway mathematics courses to adapt their courses for online delivery. "The danger in this crisis is that the most vulnerable students will be the hardest hit," said Amy Kerwin, Ascendium’s vice president of education philanthropy. Student loan guarantor Ascendium Education Group has announced a $10 million commitment in support of efforts by postsecondary education networks and membership organizations to promote education reform during the coronavirus pandemic.
Ascendium Education Solutions' operations include its: You can send letters, payments, invoices, or other materials to Ascendium at: Ascendium Education Group, Inc. & Affiliates2501 International LaneMadison WI 53704. Launched earlier this year, the Rural Works initiative includes a cohort of 10 seasoned workforce development organizations that connect unemployed and underemployed workers to the training, education and industry credentials they need to compete for quality jobs. They particularly focus on communities working to overcome high rates of poverty and unemployment, including dozens of counties across Arizona, Louisiana, Mississippi, Missouri, Nevada, New Mexico, New York, Ohio, Puerto Rico, Virginia, West Virginia and Wisconsin. Ascendium Education Solutions. “Rural Works is supporting innovative local partners that attract new businesses and jobs, raise family incomes and expand rural economies—all of which helps narrow the long-standing gaps in wealth and health that affect millions of Americans.”. Rural Works partners also build relationships with new employers, especially those in growth sectors, in order to expand the range of opportunities available to rural workers. We're doing exciting things to support student success. Ascendium Education Group commits $10 million for student... American Association of State Colleges and Universities, Ascendium announces $10 million pandemic grant initiative: Maintain Momentum for Student Success, Gates Foundation commits $23 million for college support in COVID era, Imaginable Futures, Lumina Foundation announce Rise Prize winners, College endowments see negative returns in first quarter of 2020, UA Little Rock receives $25 million for student success, California Endowment to focus on 'people, power, health', Report offers lessons from social-emotional learning initiative, PepsiCo commits $172 million for Latinx-focused equity initiatives, Inaugural Elevate Prize winners for global changemakers announced, Robert Smith pledges $50 million to reduce student debt at HBCUs. Ascendium Education Solutions' operations include its: education philanthropy division (exploring systemic obstacles preventing the completion of postsecondary education) “The Ascendium grant is helping us fund a set of rural demonstration efforts that are building a more equitable ecosystem of employment to meet the demands of a 21st-century economy,” he said. To that end, Ascendium awarded initial grants totaling $3.1 million to Achieving the Dream (ATD), which works with community colleges to advance bold, holistic, sustainable institutional change for student success through offerings such as the Institutional Capacity Framework, Pathways Coaching, and Holistic Student Supports; and the American Association of State Colleges and Universities (AASCU), which works to expand student access and opportunity, promote world-class teaching and experiential learning tied to career advancement, and support applied research and service that advances economic development and quality of life. Last year, Nelnet bought Great Lakesâ student loan servicing business, Great Lakes Educational Loan Services.
Ascendium, a nonprofit aimed at helping people achieve their education and career goals, will be providing $10 million worth of grants through its Maintain Momentum for Student Success Initiative, according to a news release. Get helpful resources, news, and insight sent monthly to your inbox with with Attigo Connects.
But just because it remained in the game, doesnât mean it could keep its name. Ascendium Education Group has given grants to two higher education member organizations to help them continue their work amid the COVID-19 pandemic. Nelnetâs acquisition made it larger than both American Education Services and FedLoan. With the aim of supporting community colleges and other institutions of higher education, which have been slashing budgets in anticipation of large COVID-related revenue shortfalls, the Maintain Momentum for Student Success initiative will enable networks and organizations leading the student success movement to offer discounted dues to their member colleges and universities; adapt their services and offerings for remote and online delivery; and continue to support data-informed decision-making, guided pathways reform, and leadership development. Grant will fuel Rural Works collaborative of nonprofits focused on building rural talent, growing rural economies WASHINGTON (June 18th, 2020)—Rural LISC is partnering with Ascendium Education Philanthropy on a new national collaborative to expand employment and incomes for people and businesses in rural communities. "If student success reforms stall out because of COVID-19, those students will be impacted even more.". Great Lakes changed its name to Ascendium on November 15, 2018. Ascendium Education Group vs. Ascendium Education Solutions. Visit ascendiumeducation.org for more information. please try again later. Amy Kerwin Vice President of Education Philanthropy, Ascendium. Ascendium Education Group. Ascendium Education Solutions is the nation’s largest student loan guarantor as well as a leading higher education philanthropy and provider of student success services for postsecondary institutions. So if you have federal Direct Loans that were serviced by Great Lakes, youâll still be able to go to mygreatlakes.org website to manage your loans. I'm a student loan lawyer that helps people like you with their federal and private student loans wherever they live.
Looking at your credit report and wondering who is Ascendium Education Solutions? Ascendium Education Group is the parent company and Ascendium Education Solutions is a subsidiary of the Group. As part of the Nelnet sale, Great Lakes agreed to adopt a different name for its remaining student loan business.
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