ECMC Group, Affiliates and Initiatives
Parent company ECMC Group and its affiliates — ECMC Foundation and ECMC — provide financial tools and services, as well as funding for innovative programs to help students achieve their academic and professional goals.
Vision and Mission
ECMC Group is a nonprofit corporation whose vision is to empower underserved communities to thrive through education. In addition, ECMC Foundation's mission is to improve higher education and career success among underserved populations through evidence-based innovation.
Established in 1994, Educational Credit Management Corporation (ECMC) is a nonprofit company that provides support for the administration of the Federal Family Education Loan Program as a student loan guaranty agency. In its guarantor role, ECMC provides financial education to empower students to make informed choices about their futures. ECMC also oversees student loan repayments to ensure taxpayer funds are replenished so future generations of students have access to federal education funding. For postsecondary institutions, ECMC offers Solutions—a suite of services that includes financial literacy, student loan repayment counseling and default prevention. This line of business is a natural adjacency to its role as a guaranty agency as it expands ECMC’s reach to help student loan borrowers successfully meet their student loan obligations.
The GO! Program is designed to involve employees across all ECMC Group affiliates in recognizing organizations that align with the Foundation's mission. All employees have the opportunity to nominate organizations they care about in their local communities and vote on which will receive grant funding.
This initiative is jointly run by ECMC Foundation and ECMC Group’s Community Outreach teams in an effort to give back to the communities—Atlanta, GA; Bissonnet, TX; Los Angeles, CA; Mather, CA; Minneapolis, MN; and Tampa, FL—where ECMC Group and its affiliates have offices. Organizations receiving funding as part of the GO! Program must be nominated by an employee; unsolicited requests for GO! Program grant funding are not accepted.
Since the GO! Program first launched in 2015, 525 grants totaling $8.3 million have been awarded to the communities where ECMC Group employees live and work.
Our Support for Diversity, Equity and Inclusion (DEI)
ECMC Group is committed to ensuring our diverse, inclusive and equitable culture is built on a strong sense of belonging, where everyone feels seen, heard and encouraged to show up as their authentic self.
We are a work community united in and strengthened by our differences. We are inclusive of all and stand firmly against racism and discrimination whether it be age, class, cultural beliefs, disability, gender identity, race, religion, sexual orientation, political views or any other dimension of difference. By adhering to our values, we foster unity and create a brave environment where everyone is at liberty and able to be their whole self. We are a respectful community that aspires to be free of judgement and open to learning as we grow and work together.