CSLF transitions its student loan guarantee portfolio to ECMC

Educational Credit Management Corporation (ECMC), with the approval of the U.S. Department of Education (Department), assumed management responsibility for the guaranty agency functions of Connecticut Student Loan Foundation (CSLF) on November 2, 2009, and will assume full responsibility as the designated Federal Family Education Loan (FFEL) Program guarantor for the state of Connecticut, effective January 1, 2010.

ECMC is a national guaranty agency and the designated guarantor for the Commonwealth of Virginia and the state of Oregon. ECMC also provides bankruptcy servicing to 26 guaranty agencies and the Department.

Working with the Department, CSLF and the Commissioner of Higher Education for the state of Connecticut, ECMC is committed to providing students, schools, lenders and servicers full and uninterrupted access to all FFEL Program services.

Information for CSLF customers

Borrowers—For the majority of CSLF borrowers, there are no changes at this time. You will be notified by ECMC of any changes to your account.

Schools—Please visit the CSLF Schools section regularly for process updates and other announcements.

Lenders/Servicers—Please visit the CSLF Lender/servicer section regularly for process updates and other announcements.