Citibank and XAP Announce New Website to Help Students Apply for College
Los Angeles, CA – February 24, 1999 – Citibank, through its subsidiary the Student Loan Corporation, and XAP Corporation today announced the release of two new websites that make it easier than ever for students to select a college and apply online.
Students and their families can get direct access to all the information they need about colleges and universities in Massachusetts and Texas through each of these new interactive websites: www.massmentor.edu and www.texasmentor.org.
Students can search for a college using important criteria such as location, academic and sports programs, take a virtual campus tour, and submit applications directly to any college they choose.
These sites also provide the most up-to-date information and tools on financial aid including a scholarship search and interactive calculators that help families find the best ways to pay for college.
"We were attracted to this exciting new initiative because it makes it so easy for students and parents to get the information they need to make good decisions," explains Bill Beckmann, President of The Student Loan Corporation.
"College is one of the most important investments you can make.
Sponsoring these great new student-centered sites developed by XAP is one more way for us to continue our commitment to education and our role in providing sound advice on financial aid so that all students can afford a college education."
"We are very pleased with Citibank’s commitment to the Mentor systems we are developing," said Allen Firstenberg, President and CEO of XAP Corporation.
"We feel that through this partnership we will be able to provide valuable resources for students and their families free of charge, and reach out to an even larger audience."
Citibank is the largest originator and second largest holder of student loans in the U.S., serving nearly 1 million customers. Loans are originated and serviced through the Student Loan Corporation (www.studentloan.com), a publicly-traded company whose majority owner is Citibank.
XAP Corporation, headquartered in Los Angeles, provides student-centered Internet-based, integrated services systems for students and their families, on behalf of higher education institutions throughout the United States.
