USA Funds Update

USA Funds President and CEO Honored by U.S. Dream Academy
Carl Dalstrom, USA Funds^® president and CEO, received the President’s Award at the recent U.S. Dream Academy Power of a Dream Gala. USA Funds also contributed $100,000 to the gala, which raised more than $1 million in financial support for children of prisoners and children at risk of falling behind in school. Read more.

‘USA Funds Education Partnerships’ Highlights Access-and-Outreach Efforts
USA Funds has issued the latest edition of a quarterly newsletter highlighting USA Funds’ support of programs that enhance preparation for, access to and success in higher education. The spring-2007 issue of “USA Funds Education Partnerships” focuses on ways in which USA Funds promotes access and outreach in the Latino community. The publication also includes articles that highlight the work of USA Funds’ executive director of access and outreach, and that encourage a focus on Latino issues in education attainment. Download a copy of the newsletter.

Reminder: USA Funds’ Federal-Default-Fee Policy Changes July 1
USA Funds reminds customers of a July 1 change in its federal-default-fee policy. Read more.

Operations Bulletin

Proposed Regulations Offer New Guidelines for Prohibited Inducements, Preferred-Lender Lists
The U.S. Department of Education soon will publish proposed new regulations governing federal student-loan programs, including new guidelines regarding prohibited inducements and preferred-lender lists. Learn more.

Access to Education

Women Expected to Account for 60 Percent of Undergraduates by 2016
Projections from the Department of Education’s National Center for Education Statistics show that women will account for 60 percent of the undergraduate student body by 2016. Read more.

Debt-Management Perspectives

Morgan State University Business-School Students Set Retention Agenda
Morgan State University business students are leading a program that emphasizes retention through professionalism, leadership and success. It’s an initiative inspired in part by lessons learned at a USA Funds-sponsored symposium. Learn more.

Tech Talk

OpenNet Tip: Using Queries to Find Applications for FFELP Certification
The Applications/Certifications function of the OpenNet loan-delivery system allows users to perform queries to find Federal Family Education Loan Program applications that are awaiting school certification. Read more.