A partnership that delivers real financial relief to alumni who have fallen behind on private student loans, and turns it into performance-based revenue for your association, at no cost and no risk.
Private loans carry no income-driven repayment, no forgiveness, and no government discharge. A meaningful share of your alumni who borrowed privately are stuck with no path forward. Your association is the trusted voice that can finally point them to one.
Performance-based, paid per transaction. No cost to join, no cost to your members, and no minimums. You are paid within 30 days of our receiving the corresponding fee from the lender, with a full remittance statement each time.
GradMerge is a referral service, not a lender. All loans are originated by our licensed partner, Alt Lending LLC (NMLS #2571325). Our platform complies with consumer-finance law and the FCRA; your outreach complies with CAN-SPAM; every message carries the required disclosures; and GradMerge indemnifies your association for our marketing and the lending partner's practices. You never share alumni data with us, and you can exit on 60 days' notice.
Alumni with one or more private student loans in default or charge-off (90+ days past due), who are currently employed and intend to repay. Federal loans are not eligible. Final approval and available states rest with the licensed lender.
We are onboarding a small founding cohort of alumni associations now.
GradMerge is a referral and lead-generation service, not a lender, mortgage broker, or financial advisor. All loans are originated by Alt Lending LLC (NMLS #2571325). This document does not constitute a guarantee or offer of credit. Program availability and loan terms are subject to applicable state laws and the lender's underwriting guidelines. Statistics shown are estimates for context. This summary is informational; the governing partnership agreement controls. Alt Lending, LLC (NMLS #2571325).