New partnership will provide discounted student loan refinancing and financial education opportunities to Aspen Dental healthcare providers
New York, NY — February 16, 2020 — Laurel Road, a digital lending platform and brand of KeyBank, is partnering with Aspen Dental, the largest and fastest-growing network of branded dental care providers in the U.S., as its student loan refinancing provider of choice. Through this multi-year partnership, Aspen Dental’s more than 5,000 healthcare providers including dentists, hygienists, physician assistants and nurse practitioners will receive a specialized discount on student loan refinancing through Laurel Road, as well as ongoing financial literacy resources and growing customer benefits.
According to the American Dental Association, 83% of dental school graduates in the class of 2019 had some level of educational debt, with the average student debt for dental students amounting to $292,169. Laurel Road will work with Aspen Dental to help find ways to potentially save on their loans and facilitate financial educational resources, content and events for its community of dentists, 10% of whom are recent dental school graduates who are now grappling with this new financial challenge. Aspen Dental dentists can also take advantage of Laurel Road’s tailored financial services offerings for healthcare professionals, such as special pricing for dentists on student loan refinancing applied on top of Aspen Dental discounts, with more to come in 2021.
“We recognize and appreciate the vital role dentists play in keeping us physically healthy, and that’s why we’re thrilled to partner with Aspen Dental to help keep dentists financially healthy,” said Paul Bamundo, senior vice president and head of business development and marketing partnerships for Laurel Road. “Dentists are a dedicated, hard-working community of healthcare providers, and we are proud to support their financial well-being and peace of mind through this partnership.”
“At Aspen Dental, we invest in our dentists across all areas of their lives, whether its personal development, career growth, or financial health,” said Bob Fontana, CEO of Aspen Dental. “This partnership with Laurel Road is an important part of this investment, as well as our drive to provide financial stability for our dentists. Helping our community build strong and secure financial futures is incredibly important to us, and we look forward to working with Laurel Road as we continue to act on this commitment.”
Laurel Road has worked with healthcare professionals since its founding in 2013, and has been focused on supporting this community through its product offerings and by maintaining affiliate relationships with prominent medical associations. Laurel Road’s digital-first lending platform and partner program can be tailored to fit the needs of any professional organization or company.
Aspen Dental will open more than 85 offices and hire more than 1,000 dentists in 2021 as part of its mission to break down barriers between communities and the care they need. For more information about the benefits of joining the expanding network of Aspen Dental providers, visit https://www.aspendentaljobs.com.
For more information on how Aspen Dental healthcare providers can take advantage of this benefit, please visit Aspen Dental | Laurel Road. To learn more about how professional associations and companies can offer student loan benefits, visit www.LaurelRoad.com/Partnerships.
About Laurel Road
Laurel Road began originating student loans in 2013 and has since helped thousands of professionals with undergraduate and postgraduate degrees consolidate and refinance more than $7 billion in federal and private school loans. Laurel Road also offers a suite of online graduate school loan products, mortgages and personal loans that helps simplify lending through customized technology and personalized service. In April 2019, Laurel Road was acquired by KeyBank, one of the nation’s largest bank-based financial services companies. For more information, visit www.laurelroad.com. Laurel Road is a brand of KeyBank National Association offering online lending products in all 50 U.S. states, Washington, D.C., and Puerto Rico. The mortgage product is not offered in Puerto Rico. KeyBank is a Member FDIC, Equal Housing Lender. NMLS ID # 399797.
About Aspen Dental
The Aspen Dental network includes more than 850 offices, in 42 states, owned and operated by independent practice owners and dentists, who operate with clinical autonomy and share a commitment to creating access to care for those who need it most. These independent practice owners expect to record six million patient visits in 2021, driven by a commitment to breaking down barriers to quality, affordable oral health care. Each dental care team offers patients a safe, welcoming, judgment-free environment to address their dental challenges, including comprehensive exams, cleanings, extractions, fillings, periodontal treatment, whitening, oral surgery, crown and bridge work, and denture services. https://www.aspendental.com/
About Aspen Dental Management, Inc.
As one the largest healthcare business support organizations in the U.S., ADMI continues to build and strengthen the infrastructure, expertise, and core competencies that successful healthcare practices need to accelerate their growth and fuel their success, while also giving providers the freedom to do what they do best: Care for their patients.
KWT Global for Laurel Road