Student Lending

A student lending partner
that understands your needs

Students are part of a diverse customer segment with unique needs. Lenders to this segment need a partner who can offer purpose-built technologies, multi-channel customer engagement strategies, efficient back office operations and the experience and deep industry insight that can help them deliver a superior program.

Finastra is the Canadian industry leader in delivering student lending programs, servicing key clients such as the Government of Canada, provincial governments and a number of financial institutions.

With an unparalleled understanding of Canada’s student financial aid ecosystem, including the needs of the various stakeholders involved, we are well equipped to meet the needs of our clients.

Finastra’s student lending solutions include the technology platforms, multi-channel customer service, back office operations and the deep program management expertise necessary to manage a client’s program across the entire lending lifecycle – from loan origination, through loan maintenance and loan repayment, to loan discharge.

The Student Loan Lending Life Cycle

Finastra’s student lending program is a feature-rich solution that provides:


Secure, reliable, and specialized technologies to manage the unique characteristics of a student lending program, while meeting the lender’s risk, privacy and compliance requirements. Today, we disburse $8 billion in loans and grants annually and manage a loan portfolio of approximately $28 billion.


Unrivalled experience in managing day-to-day interactions with students on behalf of lenders across the entire loan lifecycle, leveraging the most relevant channels and tools.


Innovative repayment management programs designed to minimize loan delinquencies and defaults.


Deep industry expertise and rich insights to help institutions develop and evolve detailed program requirements in line with public policy guidelines.

The benefits

Specialized technologies, backed by unrivaled program management expertise, that span the entire student loan lifecycle

Omni-channel customer engagement strategies designed for students, by students

Ongoing program, market and customer insights to drive innovation and efficiencies