Jolynn Snyder Joins GCO Education Loan Funding Corp.
New York, NY, - September 6, 2005 - Jolynn Snyder has joined GCO Education Loan Funding Corp.  (GCO ELF) as Vice President/Customer Service Manager.    Ms. Snyder will support customer relations for GCO ELF including loan servicing interfaces, custom client solutions, and industry relations.

Prior to joining GCO ELF, Ms. Snyder was an advisor to 5280 SOLUTIONS where she evaluated the business practices of companies in the Student Loan Industry and made recommendations for improvements in those practices.  She has also worked as Director of Product Support where she created and led a national team of 35 professionals.  She was responsible for product training, product installation, and ongoing support for the national base of colleges and universities involved in the student loan program, and for day-to-day support of the sales team.  She has twenty-two years of experience in product support, sales, marketing, public relations, new business development, and client relations.  Ms. Snyder brings a broad and diverse business background with a results-oriented track record to the GCO ELF team.

She received a Bachelor of Arts Degree from the University of Northern Iowa.  She will begin her responsibilities with GCO ELF on September 15, 2005.

About GCO Education Loan Funding Corp.
Headquartered in Denver, CO GCO Education Loan Funding Corp. (GCO ELF) commenced operations in September 2004 by acquiring student loan assets and infrastructure from GMAC Education Loan Funding Corp.  GCO ELF is a specialty finance company that serves as a secondary market for federally supported student loans in the United States.  The company helps meet the needs of higher education by providing liquidity to national and regional financial institutions and marketing entities that source student loans.  GCO ELF currently holds in excess of one billion dollars in student loans assets and ranks among the nation's leaders in terms of total student loan assets.

GCO ELF is developing a non-federally supported student loan program to augment its product offering and better service the needs of financial institutions, schools, marketing entities and students.  It is anticipated that these loan programs will be available in the fall of 2005.

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