Welcome CSAC/EdFund® customers
Transition from CSAC/EdFund® to ECMC
On November 1, 2010, as directed by the U.S. Department of Education, the California Student Aid Commission (CSAC) transferred its federal student loan portfolio to ECMC.
This section of our website was created to provide information about the transition and it will be updated as the transition progresses. Check back frequently for updates.
If you were working with CSAC/EdFund, follow the links on the left side of the page for more information.
7-6-12 | ECMC Group announces an $85 million contribution to the Cal Grant Program
ECMC Group is pleased to announce that its Board of Directors has authorized another contribution in the amount of $85 million to the State of California for the Cal Grant Program for the 2012-13 fiscal year. The $85 million contribution for 2012-13 builds on ECMC’s previous contributions of $100 million in 2009-10 and $62 million in 2010-11 to bring ECMC’s total contribution to date to $246.7 million. These contributions from ECMC to the Cal Grant Program translate into over 42,000 California students having the financial resources necessary to pursue their dream of a higher education.
“ECMC is proud to provide further funding for the Cal Grant Program. Expanding access to higher education is at the core of our mission of helping students realize their education goals,” said Richard Boyle, ECMC Group president and CEO.