ScholarChip - Solutions - Student Loan Management
ScholarChip
Scholar Chip - Request a DemoScholarChip K-12 Solutions
ScholarChip maintains an advanced student loan servicing engine used to service hundreds of thousands of private and campus-based loans. Servicing is managed by our partner company, University Accounting Service (UAS). The loan engine (LoanServ©) is one of the most advanced of its kind, offering flexibility, rich features, powerful algorithms and scalable architecture, all delivered centrally from a secure PCI-certified data center with no installation or maintenance at the school or financial institution site.
  • Features
  • Support
  • Support for an unlimited number of federal and private loan programs with varying rates and benefits

  • Daily interest accrual.

  • Variable, condition-based interest rates.

  • Interest capitalization.

  • Customized amortization features.

  • Support for electronic signatures using the ScholarChip Electronic Signature© application.

  • Native support for ELM, Student Clearing House and NSLDS.

  • Powerful enterprise-class querying and reporting infrastructure.

  • Open architecture via secure Web Service API for querying and data management.

  • Distributed “Cloud”-like calculational engine.

  • Native support for paperless document management for statement generation, inbound scanning, lockbox documents and other related documents.

  • Support for all mandated and optional benefits.

  • Integrated with ScholarChip’s Electronic Exit application.
ScholarChip provides Help Desk support
Staffed by qualified support technicians with a minimum of 3 years experience in technology support, between the hours of 7 AM to 4 PM Local Time. They may be reached by dialing
877-722-2447 (877-SCC-CHIP) or by sending e-mails with specific requests to support@scholarchip.com

Remote Monitoring
Pro-active outgoing calls are initiated by the ScholarChip Help Desk staff to schools and users as a result of our extensive automated system diagnostics.
 
Comprehensive Support
The Management Site supports the tracking of technical issue resolution. ScholarChip provides on-site one to four hour response time for hardware service calls.

Product Warranty
All ScholarChip hardware is fully warranted (except for theft and vandalism) under the ScholarChip Maintenance Program meaning that there will always be just one known and calculable cost for budgeting.