JOHNS ISLAND, S.C. – The Coalition for College Cost Savings and First American Education Finance announced today that they have renewed their contract to provide project based financing solutions to association member schools. With this contract renewal, the Coalition and First American Education Finance are working together to help schools address funding needs for various campus projects and can offer opportunities for expanded utilization, taking advantage of discounted financing and attractive terms.
"We are excited to continue our program with The Coalition for College Cost Savings, a collaboration which strengthens our commitment to serving higher education. The 100% increase in member participation over the past two years is evidence of the value the program provides. We look forward to continuing to grow this program to better serve the Coalition member institutions in the future," noted Chad Wiedenhofer, Senior Vice President of First American Education Finance.
First American Education Finance (www.faeducationfinance.com) has been dedicated to serving the needs of the education community for more than 20 years. The company provides customized financing solutions to help schools deliver the best education possible to their students. First American has helped more than 600 schools nationwide solve challenges – from complex campus projects to equipment management – simply, transparently, and with unmatched service.
The Coalition for College Cost Savings (www.thecoalition.us) is a member-owned 501(c)(3)non-profit organization, established in 2006 as a catalyst for the first comprehensive and collaborative purchasing effort focused exclusively on independent, private higher education. The Coalition's goals are to leverage the collective buying power of private colleges to reduce operating costs, improve the efficiency of internal procedures and ultimately lower the cost of delivering education. From the earliest conceptual discussions of its structure, the Coalition has grown to 34 member organizations in 30 states that collectively serve 900 private colleges and over three million students.