Student Loan Pioneer EduCap Inc. Revolutionizes Higher Education Financing

WASHINGTON, April 8, 2005 - EduCap Inc., the not-for-profit organization that created private, credit-based education lending, today announced the debut of Loan to Learn®, an innovative and comprehensive student loan program designed to meet the education financing needs of a new millennium and generation of students.

"We deliberately set out to create a program that works with the financial rhythm of the family," said EduCap Chairman and CEO Catherine B. Reynolds. "Loan to Learn is custom-designed for one specific purpose - to help families pay for college." Loan to Learn programs offer affordable undergraduate loans, graduate loans, and loans to consolidate existing education-related debt that are unmatched in America today. All feature highly competitive interest rates, no application deadlines, fast disbursal of funds and loan amounts that cover the complete cost of a college education.

Loan to Learn’s Web site, www.loantolearn.com, contains valuable advice on how to pay for college. Either online or by speaking with a courteous, knowledgeable loan specialist at 1-800-TO-LEARN or 1-800-865-3276, borrowers can apply virtually any time and obtain a pre-approval decision in minutes. The program is structured to promote a high rate of application approval and the inclusion of co-borrowers, which can improve an applicant’s chances of getting a lower interest rate or a larger loan. Similarly, Loan to Learn’s flexible deferment options allow borrowers to pick the payment plan that best fits their budgets and lifestyles.

"We believe very strongly that education is the best investment one can make in one’s future," Reynolds continued. "Ben Franklin said it best: 'An investment in knowledge pays the best interest.' A good education is still the best avenue to achieving the American Dream. EduCap’s goal is to bring quality higher education within the reach of every family by offering the most rewarding student loan experience available anywhere."

EduCap Inc., a Washington, D.C. non-profit organization with a mission to promote an educated citizenry worldwide, pioneered the credit-based loan industry by creating the very first nationwide privately-funded loan program. EduCap Inc. has disbursed billions of dollars in education loans to students and their families since its founding nearly 20 years ago.