ECMC Group
ECMC Group is a nonprofit corporation focused on helping students succeed. Headquartered in Minneapolis, ECMC Group and its family of companies provide financial tools and services, as well as funding for innovative programs to help students achieve their academic and professional goals.
ECMC
Established in 1994, Educational Credit Management Corporation (ECMC) is a nonprofit company that provides support for the administration of the Federal Family Education Loan Program as a student loan guaranty agency. ECMC is the designated guarantor in Virginia, Oregon, Connecticut, California, Tennessee, South Carolina, Rhode Island, Maine, Illinois, Missouri, Louisiana, Utah and North Carolina, and the third-party guarantor servicer for three clients. In our guarantor role, ECMC provides financial education services to empower students to make informed choices about their futures. ECMC also oversees student loan repayments to ensure taxpayer funds are replenished so future generations of students have access to federal education funding.
For postsecondary institutions, ECMC offers Solutions—a suite of services that includes financial literacy, student loan repayment counseling and default prevention. This line of business is a natural adjacency to our role as a guaranty agency as it expands our reach to help student loan borrowers successfully meet their student loan obligations. To learn more about our Solutions services, visit www.ecmc.org/Solutions.
ECMC Foundation
ECMC Foundation is a national foundation whose North Star goal is to eliminate equity gaps in postsecondary completion by 2040 so that underserved learners have greater opportunity for social and economic mobility. The Foundation’s mission is to improve higher education for career success among underserved populations through evidence-based innovation. ECMC Foundation makes strategic grants and program-related investments to support both nonprofit and for-profit ventures, guided by a strategic framework that aims to advance systemic change by removing barriers to postsecondary completion; building the capacity of organizations, institutions and systems; and transforming the postsecondary ecosystem.
Our Mission, Vision + Values
We are dedicated to integrating our mission and vision into all aspects of our business, and to serve customers, business partners and colleagues in accordance with our values.
Learn More