MEDLOANS OLP Updates, Enhances Information to Serve Medical Students

MEDLOANS Online Loan Portfolio, a loan counseling Web tool for medical schools and their students, is adding new features and updating information available to borrowers. The changes will be available June 23.

A new feature, “Maintain Online Loan Portfolio,” encourages students to review their loan information and explore their options on an interim basis throughout their enrollment in medical school, without having to complete the entire loan-counseling process.

In addition, the data within Maintain Online Loan Portfolio and Exit Counseling now will include Federal Consolidation-loan and Graduate PLUS-loan information to provide students with a more-complete picture of their total indebtedness.

Other updates in MEDLOANS OLP will include the following:

• Updates from the Higher Education Reconciliation Act of 2005, including changes to loan limits and loan fees.
• Updates to borrower benefits for students using MEDLOANS.

For more information about the MEDLOANS OLP changes, or to find out if MEDLOANS OLP is the right solution for your medical school, contact your USA Funds^® Services account executive.