Looking to lower your institution’s cohort default rate? USA Funds® offers tools and solutions to support many of the best practices in default prevention recommended by the U.S. Department of Education.
1. Default Prevention Plan. USA Funds can help you develop, enhance or implement a default prevention and debt management plan.
2. Financial Literacy for Student Loan Borrowers. USA Funds offers a comprehensive online personal finance and student success curriculum to help your students minimize their education loan debt, graduate on time, and successfully repay their student loans.
3. Maintaining Contact With Former Students. USA Funds offers software and services to help reach out to your former students, especially those experiencing problems with their student loan payments, to counsel and assist them in repaying their loans.
Contact USA Funds to learn how we can help you improve your institution’s cohort default rate.