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December 2, 2008

 

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USA Funds® Education Access Report will not be published on Dec. 23 and
Dec. 30, due to the holiday season. Publication will resume on Jan. 6, 2008. We look forward to providing you the latest updates about education access and higher education finance issues in 2009.

USA Funds Update

USA Funds Unlock the Future USA Funds to Offer New College Awareness Video
USA Funds will offer a new college awareness video to encourage middle school students and their parents to prepare academically and financially for higher education. The video, “16 Summers,” features actor/entertainer Nick Cannon in a story about a 15-year-old girl who learns the importance of planning for the future by dealing with several issues commonly faced by teens. Read more.

USA Funds-Sponsored Magazines Focus on College and Careers
USA Funds provided financial support for publications distributed this fall to help students make plans for education and careers after high school. Learn more.

Reminder: Graduate and Professional Schools Webcast Dec. 10
A Dec. 10 webcast targeted to schools that serve graduate and professional students will focus on recent changes to loan counseling requirements and other issues relevant to graduate and professional students and schools. The USA Funds University event will feature interactive discussion with school panelists and other participants. Learn more and register.

Debt-Management Perspectives

Career Technical Institute USA Funds Debt Manager Helps School Attack Default Rate Before It’s Too Late
When Sandra Dankwa of Career Technical Institute receives her school’s 2007 draft cohort default rate from the U.S. Department of Education in February, she likely won’t get any surprises — thanks, in part, to USA Funds Debt Manage®. Read more.

Operations Bulletin

Lenders Should Use Current Proof of Claim Form
USA Funds strongly recommends that lenders and lender-servicers use the current version of the bankruptcy Proof of Claim form. USA Funds’ guarantor-servicer currently is accepting previous versions of the form, but USA Funds anticipates that in the near future courts no longer will accept old versions of the form. You will need Adobe Reader to access the form online.