Two ways your institution can turn the private student loan default problem into a win, for your people and your bottom line. Both are no cost, no risk, and fully compliant, with all lending handled by our licensed partner.
Help your alumni who have defaulted on private student loans find a real way out, and earn a performance-based royalty on every loan that funds. No cost to your association or your members, and we handle the content, tracking, and compliance.
See how it works →Sitting on defaulted institutional student loans you are about to write off to zero? We purchase them, so you recover real cash on dead assets, with no collection effort, while your former students are offered a humane path forward instead of a collections cycle.
See how it works →Both programs are free to your institution and your people.
All loans are originated by our licensed partner, Alt Lending LLC (NMLS #2571325).
We manage the disclosures and review; you stay protected.
Your alumni and former students are treated with dignity, never harassed.
We are onboarding a small founding cohort of schools and alumni associations now.
GradMerge is a referral and lead-generation service, not a lender. All loans are originated by Alt Lending LLC (NMLS #2571325). Program participation, eligibility, and any portfolio purchase are subject to evaluation, applicable law, and a definitive agreement. This page is informational and is not an offer of credit or a commitment to purchase. Alt Lending, LLC (NMLS #2571325).