Press Release
Clearinghouse Names Nancy J. Wiederspan Vice President of Education
Finance Industry Relations
HERNDON, VA, October 18, 2004 - The National Student Clearinghouse,
the nation's most trusted source for post-secondary degree and enrollment
verification, today announced the appointment of Nancy J. Wiederspan as vice
president of education finance industry relations, effective January 1,
2005. In her new position, Ms. Wiederspan will be responsible for
strengthening the Clearinghouse's relationships within the education finance
industry in order to proactively address the needs of its institutional and
lending partners. Ms. Wiederspan has served on the Clearinghouse board of
directors since 1998, most recently as its chairman. She will resign her
chairmanship in order to assume her new position.
As the primary liaison between the Clearinghouse and the financial aid
community, Ms. Wiederspan will meet regularly with guarantors, lenders,
servicers and Federal Family Education Loan Program (FFELP) trade
associations as well as the Department of Education. Among the initiatives
she will lead are the promotion of the Clearinghouse's Total Enrollment
Reporting Process (TERP), which centralizes enrollment reporting for
guarantors and servicers, and EnrollmentSearch, a subscription-based
educational research service used by state boards of education and other
educational research entities.
"Since its inception, the Clearinghouse has played a key role in
automating student loan reporting. I have been proud, through my service on
its board, to contribute to the Clearinghouse's efforts," said
Wiederspan, "I am excited by this new opportunity to further its
objectives of leveraging new technologies and programs to better serve both
the student lending and higher education communities."
"Nancy brings a wealth of experience in the student financial aid
arena to her new role at the Clearinghouse," said Daniel R. Boehmer,
president of the National Student Clearinghouse, "In addition, as a
long-time member of our board and former chairman, she has an in-depth
understanding of our organization and its mission. I am confident that the
guarantors, lenders, servicers, and collegiate institutions that participate
in the Clearinghouse will find her breadth of knowledge to be a valuable
asset."
Ms. Wiederspan joins the Clearinghouse following a distinguished career
in the student lending industry spanning more than 25 years. She joins the
Clearinghouse from the National Student Loan Program (NSLP), a private
nonprofit student loan agency, where as its long-time chairman and president
she was responsible for the management and operation of one of the nation's
largest guaranty agencies. In addition, Ms. Wiederspan has held positions as
a senior vice president at NEBHELP (Nebraska Higher Education Loan Program)
and the associate director of the Office of Scholarship and Financial Aid at
the University of Nebraska-Lincoln. She has also served on the boards of the
National Council of Higher Education Loan Programs (NCHELP) and ELM
Resources.
About The National Student Clearinghouse
The National Student Clearinghouse, a non-profit organization founded by
the higher education community, streamlines the student record verification
process for colleges and universities, students and alumni, lending
institutions, employers, and other organizations. The Clearinghouse
maintains a comprehensive electronic registry of student records that
provides a single, automated point-of-contact for organizations and
individuals requiring timely, accurate verification of student enrollment,
degree, and loan data. More than 2,700 colleges, enrolling 91% of US college
students, participate in the Clearinghouse.
Student loan providers, employers, student credit issuers, student health
insurance providers, the federal government and others access the
Clearinghouse's registry over 100 million times annually to conduct
electronic student record verifications.
For more information, visit www.studentclearinghouse.org.
National Student Clearinghouse Contact:
Kathleen Dugan
Marketing Director
703-742-4208
dugan@studentclearinghouse.org
