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Shaping the Future of Loan Management: ELM Resources Leads with Six-Digit Loan Support 

  • Writer: Sarah  Camp
    Sarah Camp
  • 1 day ago
  • 2 min read

Updated: 23 minutes ago

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  The next generation of ELMOne is here, built with intelligent workflows and a more intuitive user experience. It boosts performance, enhances navigation, and streamlines collaboration between campuses and lenders. It is still the trusted platform campuses use, optimized to help financial aid professionals work faster and with greater confidence. 


This is just the beginning. The fundamental transformation comes next: the move to six-digit loan support


The Private Financial Aid Landscape is Changing 

With the phase-out of Graduate PLUS Loans coming soon, higher education finance is entering a time of major change. The industry will experience a spike in demand for six-figure loans and will require the infrastructure to support and manage these larger amounts. 


The industry was not designed to support six-figure loans, but ELM Resources is leading the evolution, working closely with NCHER (National Council of Higher Education Resources) and key lending partners to ensure a smooth, practical transition through ELMOne. 


This isn’t just a technical upgrade but a foundational step toward a standardized framework for private student loans. With ELM at the forefront, six-digit loan support will strengthen data integrity, reduce reconciliation errors, and improve coordination between campuses and lenders. 


Setting the Standard 

The first phase of the six-digit loan initiative focuses on building and testing the core data and system interfaces that enable a six-digit loan to transact between the lender and ELM, and displaying in ELMOne. ELM has established the industry support to move forward with this stage of the plan. 

 

Once complete, ahead of next year’s peak season, ELM Resources' campuses will be able to manage, track, and reconcile six-digit loans quickly and accurately directly in ELMOne. 


What’s Next 

Next Generation ELMOne lays the foundation for superior loan management. With a redesigned dashboard, a unified loan search, and time-saving templates, it delivers the agility and performance needed to support evolving industry standards, while providing that same great feel of ELMOne that campuses love. 


The financial aid landscape may be changing (again), but ELM’s commitment to reliable, transparent, and efficient loan management remains constant. The future of private lending will be defined by accuracy and connectivity—and six-digit loan support is the next big step forward with ELM leading the way. 

 

 

 

 

 

 

 

 

 

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