Edsouth is a nonprofit, public benefit corporation organized for the sole purpose of acquiring postsecondary education loans under Title IV of the Federal Higher Education Act of 1965. With total assets in excess of $3 billion, Edsouth recently issued $610 million in bonds in Tennessee and Florida to create access to student loan funding. Edsouth is the 13th largest holder of student loans in the country.
Edsouth commenced full operations in the spring of 1988 and since that time has provided over $3.7 billion to fund over 750,000 student loans for postsecondary students. Approximately 485 lending institutions participate in one or more of Edsouth's educational loan programs.
As a purchaser of student loans, Edsouth continues to pay off existing student loans for borrowers and consolidate their debt through Edconsolidation. With Edconsolidation, borrowers may refinance their existing student loans through a reputable, reliable source and lock in the lowest fixed rate in student loan history.
Borrowers interested in Edconsolidation may contact Edsouth at 1-800-ED1LOAN (331-5626). For inquiries about our student loan secondary market programs or other questions, contact us at 1-800-337-6884 or 865-691-5626.
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