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December 4, 2007

 

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USA Funds® Education Access Report will not be published on Dec. 25 and Jan. 1, due to the holiday season. Publication will resume on Jan. 8, 2008. We look forward to providing you the latest updates about education-access and higher-education-finance issues in 2008.

USA Funds Update

USA Funds Announces New Federal-Default-Fee Policy
To continue to encourage reduced- or zero-fee loans to the nation’s college students — in the face of severe federal funding cuts to education lenders and student-loan guarantors — USA Funds’ board of trustees has approved a new federal-default-fee policy. Read more.

Reminder: Financial-Aid-Training Webcasts Planned Through February
Financial-aid administrators and lenders may register now for the USA Funds Winter Webcasts for Financial-Aid Professionals, scheduled through Feb. 28. The sessions include topics from the recently completed USA Funds Fall-2007 Financial-Aid Workshop series as well as a variety of additional topics. Learn more and register through the USA Funds University online-learning site.

2007 AICF gala  USA Funds-Sponsored Events Raise Millions of Dollars for Scholarships
USA Funds recently sponsored events that raised scholarship funding for the American Indian College Fund, Hispanic Scholarship Fund, Asian Pacific Islander American Scholarship Fund, and Thurgood Marshall College Fund. Learn more.

Debt-Management Perspectives

USA Funds Debt Manager Helps Community College Trim Default Rate
Hagerstown Community College in Maryland says USA Funds Debt Manager® was a factor in the school’s cohort-default-rate success. Learn more.

Operations Bulletin

November-2007 Integrated Common Manual Available
The November-2007 Integrated Common Manual is available on the USA Funds Web site. View and print the Integrated Common Manual, including the summary of changes approved Nov. 15, 2007, by the Common Manual Governing Board. You will need Adobe Reader to view the updated documents.