Collegiate Funding Services
Collegiate Funding Services is a former vertically integrated education finance company that marketed, originated, financed, and serviced student loans; founded in 2002 in Fredericksburg, VA, it was acquired by JPMorgan Chase and delisted from NASDAQ.
- Company typePrivate
- Founded2002
- HeadquartersFredericksburg, United States
- Headcount5,001–10,000
- GTM typeB2C
- OfferingServices
What Collegiate Funding Services does
Collegiate Funding Services (CFS) was a vertically integrated education finance company that marketed, originated, financed, and serviced education loans. Founded in 2002 and headquartered in Fredericksburg, Virginia, CFS operated as a publicly traded company on NASDAQ under the ticker CFSI before being acquired by JPMorgan Chase and subsequently delisted. The firm was structured to capture economics across the entire student loan value chain rather than acting as a single-function lender or servicer, which gave it both origination-driven revenue (from new loan volume) and recurring servicing income from its existing portfolio.
The bulk of the source material describes Chase Bank (JPMorgan Chase Bank, N.A.) rather than CFS directly, which is consistent with CFS being absorbed into Chase's consumer banking franchise after the acquisition. Post-acquisition, CFS's loan servicing capabilities operate alongside Chase's broader consumer product suite — checking, savings, credit cards, mortgages, auto financing, and J.P. Morgan wealth management — distributed through 5,000+ branches, 14,000+ ATMs, Chase.com, and the Chase mobile app. This positions CFS-origin servicing as a feeder relationship into Chase's full retail banking wallet rather than a standalone student-loan business.
The business model was a mix of gain-on-sale economics from loan origination (marketed through direct channels and school relationships), net interest margin from financed loans held on balance sheet or via capital markets funding, and fee-based servicing on the managed portfolio. No specific pricing schedules, contracted yields, or segment-level economics are disclosed in the input data, and no current revenue, headcount, or funding signals are available for the standalone CFS entity given its delisted, absorbed status.
Collegiate Funding Services firmographics
Firmographics- Name
- Collegiate Funding Services
- Website
- https://cfsloans.com
- Company type
- Private
- Founded year
- 2002
- Headcount range
- 5,001–10,000 employees
- Short description
- Collegiate Funding Services is a former vertically integrated education finance company that marketed, originated, financed, and serviced student loans; founded in 2002 in Fredericksburg, VA, it was acquired by JPMorgan Chase and delisted from NASDAQ.
- Ownership category
- akta.pro rank
Collegiate Funding Services industry classification
Industry- Product category
- Education Lending Services
- SIC
- Personal Credit Institutions (6141)
- akta.pro primary industry
- Private Student Loans (Undergraduate & Graduate) (FSAKAEAB)
- akta.pro secondary industries
- Education Line of Credit (Education LOC) (FSAKAEAH), In-School Tuition & Fee Financing (Short-term/Bridge) (FSAKAEAG)
Keywords
Where Collegiate Funding Services is headquartered
LocationHeadquarters
- HQ city
- Fredericksburg
- HQ country
- United States
- HQ region
- North America
Markets served
Collegiate Funding Services business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Distribution channels4 records
Marketing channels4 records
Collegiate Funding Services product offering
Product offeringCore offering
Collegiate Funding Services is a vertically integrated education finance company that markets, originates, finances, and services education loans. It operates across the full student-loan value chain, from initial borrower acquisition through underwriting, funding, and ongoing loan servicing for individual students and families.
Differentiator
Problem solved
Functional benefit
Products and services
- Private Education Loans
Companies that use Collegiate Funding Services
Customer profileIdeal customer profiles1 record
Collegiate Funding Services technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Collegiate Funding Services partnerships and signals
Strategic signalRecent moves4 records
Expansion highlights3 records
Collegiate Funding Services competitors and assessment
Company assessmentMarket position
Competitive moat3 records
Key risks4 records
Key highlights4 records
Customer concentration
Collegiate Funding Services social profiles
Digital presenceCollegiate Funding Services financial estimates
Financial estimateRevenue estimate
Valuation estimate
Collegiate Funding Services leadership team
Management profileNumber of profiles
Collegiate Funding Services funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Collegiate Funding Services M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Collegiate Funding Services
What does Collegiate Funding Services do?
Collegiate Funding Services is a vertically integrated education finance company that markets, originates, finances, and services education loans. It operates across the full student-loan value chain, from initial borrower acquisition through underwriting, funding, and ongoing loan servicing for individual students and families.
When was Collegiate Funding Services founded?
Collegiate Funding Services was founded in 2002. It employs 5,001 to 10,000 people.
Where is Collegiate Funding Services based?
Collegiate Funding Services is headquartered in Fredericksburg, United States, in the North America region.
Does Collegiate Funding Services have an API?
No public API is recorded for Collegiate Funding Services.
What industry is Collegiate Funding Services in?
Collegiate Funding Services's product category is Education Lending Services. Its primary akta.pro industry code is FSAKAEAB, Private Student Loans (Undergraduate & Graduate), with a secondary code of FSAKAEAH, Education Line of Credit (Education LOC). Its SIC code is 6141.