ECMC Group

Loan portfolio servicing:ecmc Group, Inc. and oakdale student loan funding,llc (oakdale), a wholly owned subsidiary of Ecmc Group, Inc., have eligible lender trust (elt) agreements with manufacturers and traders trust company. Manufacturers and traders trust company serves as the elt for Ecmc Group, Inc. and oakdale. Through the elts, Ecmc Group, Inc. and oakdale purchase federal family education loan program (ffelp) rehabilitated student loans from educational credit management corporation, a related entity, and other guaranty agencies in order to ensure that student loan borrowers can realize the full benefits afforded them under 34 cfr sec. 682.405. (continued on schedule o)patriot student loan capital, llc (patriot) has interim eligible lender trust agreements with manufacturers and traders trust company. Ecmc Group student loan trust 2016-1 (trust 2016-1), Ecmc Group student loan trust 2017-1 (trust 2017-1), Ecmc Group student loan trust 2017-2 (trust 2017-2), Ecmc Group student loan trust 2018-1 (trust 2018-1), Ecmc Group student loan trust 2018-2 (trust 2018-2), Ecmc Group student loan trust 2019-1 (trust 2019-1), Ecmc Group student loan trust 2020-1 (trust 2020-1), Ecmc Group student loan trust 2020-2 (trust 2020-2), Ecmc Group student loan trust 2020-3 (trust 2020-3) and Ecmc Group student loan trust 2021-1 (trust 2021-1), collectively (the trusts), have eligible lender trust agreements with manufacturers and traders trust company. Manufacturers and traders trust company serves as the interim eligible lender trust (interim elt) for patriot and as eligible lender trust (elt) for trust 2016-1, trust 2017-1, trust 2017-2, trust 2018-1, trust 2018-2, trust 2019-1, trust 2020-1, trust 2020-2, trust 2020-3 and trust 2021-1. Through the interim elt, patriot purchases ffelp rehabilitated student loans from Ecmc Group, Inc. and oakdale and resells the loans through the elt to the trusts. The trusts issued class a notes secured by the respective student loan portfolios.

Grants & sponsorships:grants and sponsorships supplied by Ecmc Group, Inc. to schools and individuals in support of its tax-exempt purpose.

Ecmc Group, Inc. Supports the furtherance of the exempt purpose of educational credit management corporation, Ecmc education, Inc., and Ecmc foundation by creating, providing and investing in innovative educational opportunities. Ecmc Group, Inc. is a nonprofit corporation whose vision is to empower underserved communities to thrive through education. $18,000,000 cash contributions made to Ecmc education, Inc. to support its mission to transform career and technical education to provide aspiring and current learners with skills to elevate their careers and communities, $959,896 contribution made by Ecmc Group, Inc. on behalf of Ecmc education, Inc. for accrued section 4968 excise tax on net investment income of Ecmc Group, Inc. and subsidiaries. $58,528,000 cash contributions made to Ecmc foundation for general support of its mission to improve higher education and career success among underserved populations through evidence-based innovation. $15,188,000 cash contributions made to educational credit management corporation to support its mission to provide financial counseling and education to empower students to make better choices about their futures.

Public policy:through the public policy program, Ecmc Group, Inc. shares information among Ecmc group-related members on legislative proposals and governmental regulations that impact their operations. The program enables Ecmc Group, Inc. affiliates to monitor public policy matters and provide nonpartisan analysis and research to policymakers, thought leaders and the general public.