Chela's EdAssist program gives credit unions and community banks the opportunity to attract new clients and to better serve existing clients by offering Federal Stafford and PLUS Loans and consumer education loan programs. With EdAssist, there's no asset requirement, no government reporting, and no risk. In addition, participating institutions receive a marketing fee for every completed and valid loan application submitted to Chela.

EdAssist is a turnkey program in which Chela handles all loan origination, administration, and servicing. We also provide marketing assistance, staff training, sales materials, and quarterly reports. Our relationships with local schools offer you the opportunity to build new partnerships with neighboring education institutions and to expand your client base.

The customers you help through EdAssist will enjoy Chela's flexible repayment options and incentives, and automatic payment services, all backed by knowledgeable and dedicated customer service.