On-line higher education financing system
First Claim
1. A system for providing educational financing information, the system comprising:
- a processor;
a storage medium coupled to the processor;
a network interface for transmitting and receiving data over a network; and
a lender selection module;
wherein the processor executes one or more instructions stored in at least the storage medium to perform the functions of;
maintaining an electronic site on the network;
sending data over the network for presenting at least one electronic screen at the electronic site, wherein the data comprises an offer including a plurality of loans related to educational financing for attending an educational institution and wherein the at least one electronic screen provides an electronic worksheet for helping a user make an informed decision regarding the offer for attending the educational institution;
permitting the user to modify the offer by allowing the user to selectively modify the plurality of loans;
providing through the lender selection module a list of predetermined lenders associated with the educational institution, wherein the list of predetermined lenders is created, modified, and prioritized by an authorized administrator of the educational institution; and
offering selectable options for a student applicant to select at least one of the predetermined lenders for a loan in a financial award offer.
2 Assignments
0 Petitions
Accused Products
Abstract
A method of providing a user with education financing information, includes the acts of: maintaining an electronic site on a computer network to which the user may connect; sending data to the user over the network for presenting at least one electronic screen which contains financial award information concerning a potential student of an educational institution, the financial award information including a monetary award which may be used for the student to attend the educational institution; and sending data to the user over the network when requested for presenting at least one electronic screen which contains cost projection information, the cost projection information being a function of the award and including an amount of money required for the student to attend the educational institution.
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Citations
19 Claims
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1. A system for providing educational financing information, the system comprising:
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a processor; a storage medium coupled to the processor; a network interface for transmitting and receiving data over a network; and a lender selection module; wherein the processor executes one or more instructions stored in at least the storage medium to perform the functions of; maintaining an electronic site on the network; sending data over the network for presenting at least one electronic screen at the electronic site, wherein the data comprises an offer including a plurality of loans related to educational financing for attending an educational institution and wherein the at least one electronic screen provides an electronic worksheet for helping a user make an informed decision regarding the offer for attending the educational institution; permitting the user to modify the offer by allowing the user to selectively modify the plurality of loans; providing through the lender selection module a list of predetermined lenders associated with the educational institution, wherein the list of predetermined lenders is created, modified, and prioritized by an authorized administrator of the educational institution; and offering selectable options for a student applicant to select at least one of the predetermined lenders for a loan in a financial award offer. - View Dependent Claims (3, 4, 15, 16, 17, 18, 19)
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2. A computer-implemented method implemented with at least one processor, at least one storage medium, and a network, the method for interactively providing educational financing information, the method comprising:
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maintaining, through implementation of the at least one processor, an electronic site on the network; sending data over the network for presenting at least one electronic screen at the electronic site, wherein the data comprises information related to educational financing; implementing the data for providing an interactive decision tool, accessible through the electronic screen, for helping a user make an informed decision regarding the information related to educational financing at an educational institution, wherein the information related to educational financing comprises a student financial aid award package offer; providing a lender selection module including a list of predetermined lenders associated with the educational institution; and accepting input from an authorized administrator of the educational institution for creating, modifying, and prioritizing the list of predetermined lenders. - View Dependent Claims (5, 6, 7, 8, 9, 10, 11, 12, 13, 14)
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Specification