Nelnet Partners With AMSA To Offer Loan Program Specifically For Medical Students

Main Category: Medical Students / Training
Article Date: 03 Aug 2007 - 1:00 PDT

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Nelnet, a leading education planning and financing company, announced it has entered a partnership with the American Medical Student Association (AMSA), the nation's largest, independent medical student organization. The AMSA Foundation, representing more than 68,000 physicians-in-training, and Nelnet have combined resources to offer a complete student aid program that empowers medical students to take charge of their education expenses.

"Nelnet is pleased to offer a customized loan program to the largest medical student organization that best works for its members," said David Bottegal, Chief Executive Officer of Nelnet's Education Services division. "Additionally, we are committed to educating students about financial responsibility and debt management while providing best in class financing options to help them attain their educational goals without encountering financial hardships."

"With the partnership, AMSA is able to provide a comprehensive loan program that best suits the needs of all medical students," said AMSA National President Michael Ehlert, M.D. "AMSA is now in the position to educate medical students in partnership with one of the premiere education planning and financing companies. AMSA has always provided premium resources for physicians-in-training. This ground-breaking program finally provides students the tools to make well-informed financial decisions to cover the cost of their education."

Additional information is available at http://www.amsaloans.org.

About Nelnet:

For 28 years, Nelnet (NYSE: NNI) has been helping education-seeking families plan for their education, pay for their education and prepare for their careers. The company has invested hundreds of millions of dollars in products, services and technology improvements for students and the educational institutions they attend. These services include live counseling to help families through all aspects of the financial aid process, benefits for borrowers, including tens of millions of dollars in borrower loan fee discounts and other benefits, and Nelnet sponsored scholarships. Nelnet serves students in 50 states, employs approximately 3,500 associates and has $26.2 billion in net student loan assets.

About the American Medical Student Association:

The American Medical Student Association (AMSA), with more than a half-century history of medical student activism, is the oldest and largest independent association of physicians-in-training in the United States. Founded in 1950, AMSA is a student-governed, non-profit organization committed to representing the concerns of physicians-in-training. With more than 68,000 members, including medical and premedical students, residents and practicing physicians, AMSA is committed to improving medical training as well as advancing the profession of medicine. AMSA focuses on four strategic priorities, including universal healthcare, disparities in medicine, diversity in medicine and transforming the culture of medical education. To learn more about AMSA, our strategic priorities, or to join the organization, please visit us online at http://www.amsa.org/.