In 2015, the President of the ADA, in consultation with the Board of Trustees, appointed a special work group to find a solution to help dental students with the increasing amounts of debt that many students acquire in the process of completing dental school. The group sent an RFP (Request for Proposal) to a number of potential lenders. The group narrowed the responses to 3 finalists and then did significant due diligence on the final selection. The due diligence included reviewing the financial strength of DRB, visiting their headquarters to meet the leadership, reviewing their customer service performance and final contractual negotiations.
Note that DRB Student Loan changed its name to Laurel Road on June 15, 2017.