NCHELP, the National Council of Higher Education Loan Programs and JustIQ, a leading provider of information technology solutions for student loan companies, are teaming up to provide updated testing tools for CommonLine (http://www.justiq.com/experience.aspx) will design the testing tools to be fully-functional without the purchase of any additional software. The first of these tools will be available in January 2008. JustIQ is donating over 3,200 hours for the design and development of this project.
Mark Putman, NCHELP Chief Technology Officer commented, "Student loan providers are facing impending federal legislation that makes severe cuts to the student loan programs. In order to
ensure service to students and schools can be maintained at current levels the higher education loan community must streamline processes and reduce operating costs."
"We strongly support NCHELP's mission to assist guarantors, lenders, servicers, schools and students alike. JustIQ has more than 300,000 project hours of experience building information
systems for student loan companies. Donating these testing tools is the one of the best ways we can help deliver the best technology solutions to the education finance industry at the
lowest possible cost," said Olin Hyde (http://www.NCHELP.org)
About JustIQ
JustIQ specializes in providing information technology solutions for the student loan industry. The company develops custom software solutions and provides custom implementation services
to student loan companies. Its custom solutions help student lenders improve existing processes, enhance the value of current technology investments and reduce operating costs. To learn
more please visit JustIQ (