LOAN SCIENCE, LLC
AUSTIN, TX

We have a passion for the science of lending. And we relentlessly practice the art of managing student loan programs. Loan Science brings these disciplines together for our client to increase the profitability of their student lending portfolios. We use our advanced analytics to optimize the design, delivery, and management of student lending programs. Our approach is data-driven, results-oriented, and proven to produce unprecedented results. Our expertise in managing Title IV federal loan funding for student loans, as well as our proven track record of reducing cohort default rates (CDR), helps colleges and universities of all sizes greatly improve their revenue and enrollment rates. We also help private lending institutions boost the financial performance of their student loan and consumer loan portfolios. Our predictive analytics and loan management methodology enable you to better leverage your data to improve repayment rates. If you’re invested in a portfolio of private student loans, or considering making such a purchase, our advanced analytical capabilities and loan management expertise can help improve collection returns, reduce loan maintenance challenges, and advise on your pre-purchase valuation. We’re much more than a typical technology or analytics solution provider – we serve our clients as a trusted partner that fully supports your needs through a data-driven methodology and a dedicated, hands-on support staff. Let us help you in these key areas: Looking for immediate results? Leverage our advanced data management capabilities from the start, with an average deployment of only 45 days. In fact, Loan Science is the only resource that offers both off-the-shelf reports and custom reporting options as soon as the solution is deployed, with data security that sets the standard for industry-best practices. Business Intelligence Our data management solution supports all the student loan data available, including the National Student Loan Data Systems (NSLDS), loan servicers and your school’s student information system. Our standard reporting provides a wide array of key performance metrics by cohort year, as well as forecasting of future CDR performance.  Loan Science business intelligence provides you with everything you need to uncover new trends and determine the best solutions for your borrowers and your business.   Once our predictive analytics determine precisely when to reach out to your former students, our comprehensive call center approach deploys a targeted combination of messaging and communication channels tailored for each borrower to deliver your optimal ROI. Loan Science is continually innovating – providing our clients with more effective programs and methods to further improve performance while minimizing borrower stress. From the moment we opened our doors in Austin, Texas in 2008, a passion for the science of lending has energized this company. We know that by helping our clients unleash the true power of data and analytics, we help them take portfolio performance to an entirely new level and dramatically reduce default rates. Yet we have a greater purpose – that we serve specifically in the area of student lending. By helping lenders and investors optimize the performance of their student loan portfolios and helping schools and borrowers better manage their lending and repayment relationships, ultimately more students get access to education and the opportunity and experience to build healthy financial futures. In an industry that’s all about numbers, we’ve built a very human company. While some may say we’re “obsessed” with analytics, we use these talents to more deeply understand and respect the people that data represents. We engage the talent and imagination of our team to make a difference – through the ROI we provide our clients, as well as with the many borrowers we’ve helped over the years. We live and work in Austin, Texas – one of the country’s hottest, fastest-growing cities. We love it here for the music (we’re called “The Live Music Capital of the World” for good reason), and for the food (you’ll find hundreds of one-of-a-kind culinary adventures including – trust us on this – the best barbecue anywhere). Austin is a big college town, a thriving tech hub, an outdoor adventure mecca, and a place where anybody that loves the unconventional will fit right in. The motto here is “Keep Austin Weird.” We’re just doing our part. Won’t you join us for a visit? Steve helped found Loan Science in 2008, after compiling a long track record of leadership and success in the lending industry. Prior to serving as President of our company, Steve spent 11 years at Wells Fargo where he headed up the company’s $8 billion personal credit division, with P&L responsibility for a number of their lending businesses: unsecured personal loans and lines of credit, auto loans, transportation loans, mobile home loans, and loans backed by financial assets. Under Steve, the division grew by 40% and achieved record revenue and profit growth. At Wells Fargo Steve also assumed responsibilities for leading customer and deposit acquisition, regional bank marketing for the largest group of regions, plus several other positions in the card services division. Steve has more than 16 years experience in the consumer credit industry, including risk management with two top-ten credit card issuers. Bill served as Chief Credit Officer at Loan Science until his retirement in 2014. During that time, he has championed efforts to build our enterprise data warehouse and analytics foundation, both essential to enhancing Loan Science’s support originations and performance management. Prior to Loan Science, Bill served as Director of Global Analytics and International Consumer Risk Management at Ford Motor Credit Company. While there he led a team responsible for the risk management of over $100 billion in consumer assets. Bill has also spent time as Senior Risk Officer at GE Capital Auto Financial Services. All together, Bill has 30 years of experience and success in the world of consumer lending risk management. And that doesn’t include the experience he gained as a young man working as an autopsy assistant, followed by a stint as a nurse in a hospital’s newborn nursery. In his spare time, Bill is a serious photographer working toward his own exhibition.