Partnership Model
LoanAmerica® Credential Score, Loan Institutional underwriting partnership Explained
Credential Score is our underwriting approach for school partnerships. It considers program outcomes alongside the borrower, expanding access while keeping lending disciplined.
The Problem Credential Score Solves
Private student lending has long looked at the borrower in isolation. The program a student enrolls in, and how students from that program actually fare, rarely enters the decision at all.
Credential Score changes that. We consider program quality alongside the borrower, so schools that serve their students well help widen access to financing for those students.
How Credential Score Works
1. Partnership: A school partners with LoanAmerica® and we review its programs together.
2. Context: Program outcomes inform how we look at applications from that school's students.
3. Access: Programs with a strong record support broader access for their students. Specifics are discussed during the partnership review.
Why Credential Score Is Different
Income Share Agreements attempted to reward good outcomes but placed the burden on students through income-percentage repayment. Credential Score keeps the student side simple, a fixed rate and a fixed term, while letting program quality inform access.
For schools, the relationship moves from vendor to partner. Institutions that invest in student support tend to see that reflected in how their students fare with us.
Frequently Asked Questions
Learn More About the Credential Score Model
If you're a school leader evaluating lending partnerships, we're ready to discuss how Credential Score creates better outcomes for your students and your institution.