Debt-Management Perspectives

USA Funds Debt Manager Aids in Two-Pronged Approach
When Southwest Institute of Healing Arts’ financial aid director started using USA Funds Debt Manager ^® to send e-mail messages to delinquent borrowers — in addition to the letters she had been sending — she immediately noticed a difference in the response she received. Read more.

Symposium Helps Participants Enhance Financial Literacy Efforts
Officials from Pueblo Community College are putting what they learned at a USA Funds ^®-sponsored symposium to work to boost financial literacy on their campus. Learn more.

Operations Bulletin

Policy Frequently Asked Question: Preferred Lender List Requirements
USA Funds’ policy experts provide guidance regarding information required in schools’ lists of preferred education lenders. Read more.

Special Allowance Rates Announced for Quarter Ending March 31, 2009
The U.S. Department of Education has published Special Allowance Rates for the quarter ending March 31, 2009. You will need Adobe Reader to view and print the latest rates.

USA Funds Update

USA Funds Lists Top 50 Lenders
USA Funds^® lists the top 50 lenders of USA Funds-guaranteed loans through March 2009. Read the list.

Access to Education

Report: 66 Percent Received College Aid in 2007-2008
Sixty-six percent of college undergraduates received some type of aid to help pay education costs during 2007-2008, according to a new report from the National Center for Education Statistics. The 2007-08 National Postsecondary Student Aid Study: Student Financial Aid Estimates for 2007-08 notes that the average amount of financial aid students received totaled $9,100. Nearly half of all undergraduates received federal student aid, with 34 percent taking out Stafford loans totaling an average of $5,000.