Student Loan Authority Cut Loans Approvals from 10 Days to Mere Hours | Case Study
9 min read
Student Loan Authority Cut Loans Approvals from 10 Days to Mere Hours | Case Study

Executive Summary

Business Objectives

Process student loan applications faster and more efficiently
The Problem

High abandonment rates on loan applications due to long paper processing times
Competitors were offering e-signatures and faster approvals
The Solution

Use electronic signatures to keep the application process electronic from start to finish
The Results

Immediate 99% adoption
Loans approved within