Waltham, Mass. - As a new academic year begins, some students are facing an unfamiliar challenge outside of the classroom: finding a lender for their student loans. Distressed credit markets continue to force some lenders to delay funding and even exit the market leaving some students and universities wondering where to turn. Through this turmoil, Graduate Leverage has announced that their loan program is fully funded with capacity to meet 2008/2009 student loan originations.

"Current market conditions have led to real concerns regarding the availability of student loans, especially in our home state of Massachusetts" says Dan Thibeault, Graduate Leverage president and co-founder. "We are pleased to be in a position to immediately help students and families in need of federal and private loans."

We encourage any schools experiencing difficulty finding lenders to fund 2008/2009 loans to contact Graduate Leverage. Students and families affected by the current turmoil should consult with their financial aid office and may also contact Graduate Leverage at 888-350-8488 or visit www.graduateleverage.com to learn more about our loan programs and financing options.

About Graduate Leverage:

Graduate Leverage (GL) was founded in 2003 by graduate students as a resource to help fellow students make better decisions regarding their loans. As a lender of both federal and private student loans, GL continues to help students by providing a comprehensive suite of loan products, debt advisory services, and analytical tools designed to minimize the cost of education related debt.

Posted 08/20/08 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.