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NASFAA Constituent Member News

[The following is a news release issued by Campus Partners.]

Campus Partners To Suspend Private Loan Origination Operations

Servicing Platform Unaffected

Rockville, MD, April 23, 2008. Campus Partners, a provider of education loan services, announced today that it is suspending all private loan originations, effective immediately. This action is a result of the inability of the company to fund new loans in the unstable credit market for student loans. Campus Partners will work closely with its customers to minimize the impact of this decision on their business.

The company, with locations in Rockville, MD and Winston-Salem, NC will focus on its student loan servicing operations, which will be unaffected by the suspension of the private loan originations. The company currently services Perkins and private Loans for more than 400 customers nationwide.

About Campus Partners: Campus Partners is a 40-year-old student loan servicing company based in Winston-Salem, North Carolina. The company services 600,000 student loans for more than 400 colleges and universities. JPT Partners of Rockville, MD has a minority interest in the company.

Posted 04/28/08 to www.NASFAA.org. Posting of press releases is done as a service to Members and does not imply endorsement or support by NASFAA. NASFAA does not review this information for content or accuracy.