Private Loan Processing. Simplified.
If you work with students and families to provide private education loans, you’re in the right place! Our resources and solutions connect all those involved in streamlining and modernizing private loan processing.
Our Solutions
Private loan processing requires the secure exchange of private data and close communication between a student’s school financial aid office and lenders. Imagine tracking all of that information manually! Surprisingly, it still happens that way—but not for schools and lenders that use our solutions.
ScholarNet®
ScholarNet is an online private loan certification and disbursement solution that reduces errors, saves time, protects data, and streamlines processing to efficiently get students the funds they need to access and stay in school. It instantly connects any participating CommonLine-compliant school, service provider, or FAMS with hundreds of private loan providers and their loan programs. All of this convenient website access is fully supported by an experienced Great Lakes team.
For Schools
From certification through disbursement, automate and manage private loan data quickly, securely, and without errors.
Learn More about ScholarNet for SchoolsFor Lenders
Smoothly manage the online exchange of private student loan data with school partners, using a lender-neutral tool.
Learn More about ScholarNet for Lenders
FastChoice™
FastChoice is an online private loan selection tool popular with schools and lenders. With flexible loan disclosure and private loan counseling flows, FastChoice helps students understand their loan obligation. Schools choose to scope lenders by a preferred or historical lender list and provide loan programs on a user-friendly portal that makes it easy for students to compare. Lenders can quickly create and display accurate loan programs for multiple schools. Add support from the entire Great Lakes team—and everyone’s a winner.
For Schools
Select and display private loan programs on a school-branded site that helps students compare, choose, and understand their loans.
Learn More about FastChoice for SchoolsFor Lenders
Easily create, manage, and display loan programs for schools and students with a lender-neutral loan selection and counseling tool.
Learn More about FastChoice for LendersScholarNet Central
Connection with others who face the same challenges leads to sharing of information that helps us all.
Check out our growing list of resources designed to help us connect with each other. If you or a colleague has blogs, podcasts, or other resources to share on ScholarNet Central, please contact our ScholarNet team.
At its most basic level, identity theft involves obtaining a person’s private identifying information in a fraudulent manner, and then using it for financial gain. This information can be used in several different ways. Here’s how you can protect it.
About Us
Higher Ed Expertise Applied
Powered by Great Lakes, ScholarNet and FastChoice are secure, compliant solutions that streamline private loan processing and make your job easier. Since 1999, hundreds of schools and lenders have turned to us for our technical expertise, customer service and support, and attention to evolving needs.
Learn More About Us
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