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Lender Services
NTHEA's primary goal is to make guaranteed student
loans available to students and parents by providing capital and liquidity
to
Texas lenders. Lenders fund the student loans, and NTHEA purchases the
loans, usually at the time the borrower enters repayment.
Advantages
- Competitive Yields
- Community Reinvestment Act (CRA) credit
- Opportunity for cross-selling
- U.S. Government Guarantee
- Minimal Lender Resources Required
NTHEA's sister organization, HESC, provides loan origination and administrative
services to participating lenders.
Services Offered
- Receipt of Loan Applications
- Origination and Disbursement of Proceeds *
- General Servicing of the Loans
- Customer Service for Borrowers
- Customer Service for Schools
- Preparation of Lender Reports
- Preparation & Submission of Government Billings
- Processing of Loan Sales to NTHEA
- Use of state-of-the-art technology
- Marketing and Printing assistance
*Disbursement of the loan proceeds is very simple. Although there are
other parties involved, HESC provides a centralized account into which
the funds are transferred from the lender, requiring only a single-step.
The remaining parties conclude the funding process, which through electronic
funds transfer (or individual checks if a lender so chooses) funds are
distributed to the schools for credit to the borrowers.
Partnership Features
- Student loans serviced by the same entity from disbursement through
payment in full
- Step-by-step assistance provided in setting up and administering the
loan program
- Marketing assistance to all NTHEA lenders is provided by HESC
- Solid relationships with financial aid offices at schools throughout
Texas and the USA
- Secure on-line account information for students through the Internet
- Interest Rate Reduction program available for borrowers
- NTHEA and HESC have more than 25 years of experience and are highly
respected within the student loan industry (Additional
information
about NTHEA
and HESC
may
be found in the About NTHEA section.)
Lender Reporting
- Click here to access the lender on-demand reporting website.
- Click here to access the FTP daily reporting site.
- Click here to access HelmNet, our customer service website.
Lender FTP Software
- Click here to download the directions
- Click here to download CoreFTP
- This software allows us to establish an SSL connection between your computer and our FTP site.
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