USA Funds Update

USA Funds to Subsidize Fee on PLUS Loans for Graduate Students
USA Funds^® has announced a change in its policy regarding the federal default fee, effective July 1. Read more.

Grant Advances College Access, Preparedness and Success in Learning Community
USA Funds recently awarded a $25,000 grant to the Mary Rigg Center in Indianapolis to support the Service Scholars program as part of the Learning Communities Initiative. Learn more.

USA Funds Sponsors FAFSA Help in Nine States
USA Funds is providing support to programs in nine states and the District of Columbia to help parents and their college-bound children complete the Free Application for Federal Student Aid. Read more.

Online Course Reviews FAFSA-Filing Basics for Aid Administrators and College Goal Sunday Volunteers
Financial-aid professionals who are assisting students with the Free Application for Federal Student Aid can take the USA Funds online course “Understanding the FAFSA” to review the application process. Learn more.

USA Funds Offers Online-Reporting Webcast for Lenders
USA Funds^® lender-customers can register to participate in Jan. 24 and Jan. 31 webcasts covering Document Direct for the Internet, an online reporting tool. For details of the webcasts and to register, visit the USA Funds University Online-Learning site.

Debt-Management Perspectives

USA Funds Debt Manager Enhancements Aid in Communication With Borrowers
A variety of new enhancements to USA Funds Debt Manager^® make it even easier for schools to stay in contact with their education-loan borrowers. Read more.

Tech Talk

OpenNet Tip: Multi-Loan-View Screens Provide More-Complete Loan History
USA Funds offers a “Multi-Loan Detail” screen exclusively to its school-customers and all lender-customers that use OpenNet Web Loan Delivery. Learn more.

Operations Bulletin

Policy Frequently Asked Question: Loan-Amount Eligibility for a Single Semester
USA Funds’ policy staff provides guidance regarding a borrower’s eligibility for Stafford-loan funds for the second semester of an academic year if the student did not use any of the loan funds for which she was eligible during the first semester. Read more.