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Great Lakes Sparking Change in Scholarship Delivery

ScholarshipMovement.org and ScholarNet for Scholarships are Latest Tools in Streamlining Financial Aid

—Great Lakes Educational Loan Services, Inc., a leading higher education solutions provider, has taken the initial steps to unite scholarship providers and schools in an effort to streamline scholarship delivery and ultimately better serve students.

Campaign highlights include the launch of ScholarshipMovement.org, a new website powered by Great Lakes, and the debut of ScholarNet® for Scholarships, a new tool that will connect scholarship providers and schools to create a smooth, consistent scholarship disbursement experience and ensure students receive their funds more quickly, safely, and efficiently.

As the provider of ScholarNet, an existing solution that has successfully automated and streamlined the data exchange and funding of private student loans, Great Lakes identified an opportunity to spark similar innovation in the scholarship arena. Scholarship funds are critically important to today’s students, but the process of getting outside scholarship funds from providers to campus is anything but modern. Scholarship funds can be delivered in a variety of ways—sent to students or directly to campus, by master check or by individual. Weeks after disbursement, awards are often still making their way between people and departments.

Scholarnet for Scholarships connects scholarship providers to colleges and universities

Great Lakes invites scholarship providers interested in streamlining and simplifying the delivery of funds to visit ScholarshipMovement.org to learn more about us and our solution. We likewise encourage schools interested in eliminating the burden of paper checks and manual processing to visit the site or reach out to their Great Lakes representative. Together, by joining the scholarship movement and creating a robust network of providers and schools, we can spark change for the benefit of the many students who rely on scholarship funds to be there when needed.

Beyond taking our word for it, financial aid professionals involved in a recent pilot program related their positive experiences with the tool:

“I like all of the information it gives you on the actual disbursement, it is everything we need to post awards.” − Susan Hartnagel (University of Missouri - Columbia)

“I don’t have to worry about missing checks or [funds] being sent to an incorrect address.” − May Thin (Stanford University)

“This makes my job easier.” − Whitley Gray (University of Louisville).

The ScholarNet for Scholarships pilot included 20 schools, with nearly $3 million in disbursements processed.


News Releases

Great Lakes Donates $115,000 to 10 Adopted Schools in Local Communities
12/22/2017


Great Lakes' ScholarNet for Private Loans More Widely Used Than Ever Before
11/13/2017


Great Lakes Funding Development of Online Support Community for College Freshman Women
10/30/2017


Great Lakes Shares Lessons Learned from Summer Melt Texting Initiative
10/25/2017


Great Lakes Awards $525,000 in Anniversary Grants in Nine Communities Where Employees Live and Work
09/01/2017


Completion Grants Remove an Obstacle for At-Risk Students Nearing Graduation
08/16/2017


New Initiative Connects Remediation Reforms and Guided Pathways to Boost Student Success
08/15/2017


Great Lakes Awards $1,000 Scholarships to 200 Ohio Apprentices with Financial Need
06/29/2017


Great Lakes Awards $7.2 Million to Launch Emergency Grant Programs at Four-Year Colleges
06/15/2017


Great Lakes Sparking Change in Scholarship Delivery
06/12/2017


Montana Guaranteed Student Loan Program to Transfer Portfolio to Great Lakes
06/05/2017


Statement from Great Lakes Higher Education Corporation & Affiliates Regarding Student Loan Collection Fee Policies
03/21/2017


200 Wisconsin Apprentices with Financial Need Awarded $1,000 Scholarships from Great Lakes
03/16/2017


Great Lakes Releases 2016 Philanthropy Report Highlighting $21.9 Million in Grants Awarded
03/09/2017


Great Lakes Invites Four-Year Colleges to Apply for Successful Emergency Grant Program
01/26/2017


USA Funds Transfers Ownership of Nation's Largest Guarantor to Great Lakes
12/07/2016


Great Lakes Commits $2.1 Million to Help 16 Community Colleges Create Internship Programs for Low-Income Students
12/01/2016


Great Lakes Commits $2.6 Million to Keep At-Risk Near-Completers on Track to Graduation
11/15/2016


Blackhawk Technical College Students Borrow $700,000 Less, Regain Financial Aid Eligibility
10/21/2016


Achieving the Dream to Enhance Coaching Services with $1 Million Great Lakes Grant
09/15/2016


Great Lakes National Scholarship Awards Over $2 Million to Support College Access
08/24/2016


Great Lakes Awards $1.5 Million to CCRC to Support Guided Pathways Reform in Ohio
08/18/2016


Successful 'New Mathways Project' Expands into Arkansas to Increase Math Achievement
07/14/2016


Great Lakes Career Ready Internship Grant Opportunity Now Open to
Two-Year Colleges

05/19/2016


Study on Student-Faculty Interactions Finds Multi-Channel Communication is Key
05/11/2016


Great Lakes Shares Lessons Learned from 2014-2015 Career Ready Internship Grant Partners
04/21/2016


New Great Lakes Grant Opportunity Invites Applicants to Address Barriers Preventing Near-Completers from Earning Degrees
04/05/2016


Student Loans of North Dakota to Transfer Portfolio to Great Lakes
04/01/2016


Great Lakes Releases 2015 Philanthropy Report Detailing $28.5 Million in Commitments
03/31/2016


200 Wisconsin Construction and Industrial Trade Apprentices Receive $1,000 Scholarships
03/09/2016


Great Lakes Shares Best Practices from Three-Year Emergency Grant Program
02/25/2016


Application Period for Great Lakes National Scholarship Begins February 15
02/15/2016


Great Lakes Funds New Emergency Grants Shown to Boost Community and Technical College Completion
12/10/2015


University of Pittsburgh Streamlines Private Student Loan Processing, Improves Student Service
11/19/2015


Great Lakes' Free Tool Adds Early Engagement Outreach Campaigns for Schools
10/27/2015


Great Lakes' Commitment to Producing More Undergraduate STEM Degrees Now Reaches $10.7 Million
10/22/2015


Great Lakes Launches Updated Education Philanthropy Website
10/15/2015


Great Lakes Commits Record $12 Million to Fund 7,000 New Paid Internships for College Students with Financial Need
10/08/2015


Great Lakes CEO Accepts White House Invitation to Join the College Promise Campaign Advisory Board
10/01/2015


200 Wisconsin Apprentices Will Earn $1,000 Scholarships to Purchase Tools for Their Trades
09/17/2015


400 MPS Grads Eligible for $5 Million in College Scholarships from The Degree Project®
08/13/2015


Great Lakes Introduces Newly Expanded Program to Increase Community College Graduation
07/09/2015


Great Lakes Shares Results of Applicant and Grantee Perception Survey
05/19/2015


100 Schools Using Great Lakes' Free Outreach Tool to Help Students by Connecting Them with Their Servicer
05/18/2015


Great Lakes Commits $28.6 Million During 2014 to Promote College Access and Completion
05/14/2015


Great Lakes Expands Grants for Colleges Committed to Making Internships More Equitable
04/30/2015


Great Lakes Commits $4.2 Million to Prepare More Students for College Math & English
04/23/2015


Great Lakes' Free Tool Helps Schools Improve Repayment Success for All Their Student Loan Borrowers
02/20/2015