USA Funds Update

USA Funds Supports $20 Billion in Financing for College
USA Funds^® guaranteed more than $20 billion in federal education loans to help students and parents pay colleges expenses for the fiscal year ending Sept. 30. The figure represents a 17 percent increase in the dollar volume of loans guaranteed by USA Funds compared with the previous fiscal year. Read more.

USA Funds University Webcast Series Target Various Audiences and Topics
USA Funds University offers several series of webcasts that focus on financial aid fundamentals, leadership skills, service excellence and changes to the Free Application for Federal Student Aid. Learn more.

Access to Education

  Survey: FFELP Providers Deliver Extensive Services
A survey by the National Council of Higher Education Loan Programs finds that organizations in the Federal Family Education Loan Program provide extensive services to students, families and postsecondary institutions. Read more.

Debt-Management Perspectives

Spotlight on the Value of Guarantor Services: Debt Management Services
USA Funds’ debt management services can help schools prevent their student-borrowers from defaulting and help lower the schools’ cohort default rates. Just ask financial aid professionals at Contra Costa College and the Los Angeles Film School, whose most recent default rates show marked improvement. Read more.

Operations Bulletin

Special Allowance Rates Announced for Quarter Ending Sept. 30, 2009
The U.S. Department of Education has published Special Allowance Rates for the quarter ending Sept. 30, 2009. You will need Adobe Reader to view and print the latest rates.