Three Schools Receive Excellence in Debt Management Awards

USA Funds^® President and CEO Carl Dalstrom presented awards to three postsecondary institutions in recognition of their creative and effective programs to help their students manage education debt and prevent student-loan defaults.

“Because of the good work of postsecondary institutions, education lenders, student-loan guarantors and former students, the national student-loan-default rate has been cut dramatically during the past dozen years,” Dalstrom told the July 19 award-presentation program during the Noel-Levitz National Conference on Student Recruitment, Marketing, and Retention in Denver. “Many higher-education institutions invest significant resources in ensuring that former students successfully pay back the loans that financed their studies.”

Dalstrom presented 2006 USA Funds Excellence in Debt Management Awards to the following school representatives:

• Kim Brown, director of student financial services, Midwestern University, Downers Grove, Ill., excellence in debt management award, $5,000 in student scholarships.
• Barry Berkovich, vice president, Career Point Institute, San Antonio, Texas, first runner-up, $3,000 in student scholarships.
• Lisa Pimber, campus director of financial aid, Remington College-Tempe Campus, Tempe, Ariz., second runner-up, $2,000 in student scholarships.

Read a summary of each school’s award-winning debt-management program.