2025 Bites and Insights 3: Supporting families who need help funding higher education

Supporting families who need help funding higher education

In collaboration with CBA's esteemed service providers, we invite your bank to participate in our complimentary Virtual Learning Lunch Break. Each 60-minute session is hosted on our user-friendly online platform, offering an opportunity to deepen your understanding of a range of timely and relevant topics. 


INSTRUCTOR:

Brian  Reed
College Avenue Student Loans

Today, Georgia community bank customer families are turning to big bank competitors to secure higher education funding. College Ave, a preferred service provider, works with community banks across the country through a simple, turnkey private student loan referral program to support families who need help funding higher education. 

          List the Learning Goals as bullet points

1. Company background
2. Competitive advantages, including,
   1. Comprehensive product suite
   2. Best-in-class application experience
   3. Most competitive interest rates in the industry
3. Referral program key value proposition points, including:
   1. Simple, turnkey program
   2. College Ave handles 100% of all loan administration
      1. origination, disbursement, servicing
   3. No passing of PII means no compliance concerns
   4. No technology integration
   5. Earn non-interest income through monthly referral fees
   6. Protect against wallet share risk of customers turning to big bank competitors
      
      

INSTRUCTOR INFO:
Brian Reed has spent most of his career in unsecured consumer lending.  Most recently, he was a member of the founding management team that launched College Ave – a private student lender – in 2014.  He manages College Ave’s partnership group, working with 200+ financial institutions and member-based organizations across the country.  Brian graduated from University of Delaware with a degree in Economics.  He spent part of this career living in Dublin, Ireland and Chester, England.