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August 21, 2007

 

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Debt-Management Perspectives

USA Funds Debt Manager Can Help in Efforts to Lower Cohort-Default Rate
Students who are at risk of defaulting on their loans have little time remaining to bring their accounts back into good standing before the current cohort year ends on Sept. 30. USA Funds Debt Manager® can help schools in their efforts to contact these students and prevent default. Learn more.

USA Funds Life Skills Module 6 Help Your Graduate and Professional Students Find ‘Hidden’ Costs
USA Funds Life Skills® can help financial-aid administrators address the unique concerns that their students pursuing advanced degrees face in managing time and money. The financial-literacy curriculum shares information about “hidden” costs that these students should keep in mind when planning their budgets. Read more.

Operations Bulletin

Borrower Reports Again Reflect More-Complete Loan Information
USA Funds® advises school-customers that its Borrower Debt Management Information Service correspondence, commonly known as “Know What You Owe,” once again contains a more-complete picture of a student’s indebtedness. Learn more.

Policy Frequently Asked Question: Certifying Additional Unsubsidized Stafford-Loan Funds in Place of PLUS-Loan Funds
USA Funds’ policy experts provide guidance regarding circumstances in which schools are permitted to certify additional Stafford-loan funds for a student without having first received a lender notice of credit denial. Read more.