Debt-Management Perspectives

USA Funds Recognizes Three Schools for Debt Management Excellence
USA Funds^® has announced the recipients of its 2008 Excellence in Debt Management awards. The awards recognize postsecondary institutions that support initiatives to enhance student financial literacy and curb student loan defaults. Read the announcement as well as summaries of the award-winning programs.

USA Funds Update

USA Funds Offers Preview of NASFAA Conference Plans
USA Funds will ask those in attendance at the upcoming National Association of Student Financial Aid Administrators conference, “How may we serve you?” Learn more.

Next Indiana, GRAD Select Students to Receive USA Funds-Sponsored Scholarships
Two Indiana students recently were selected to receive scholarships that USA Funds is sponsoring for undergraduate and graduate education in Indiana through Next Indiana and GRAD magazines. Read more.

Operations Bulletin

Department Issues Guidance on Ensuring Continued Access to Student Loans Act
The U.S. Department of Education published additional clarification and guidance on the provisions of the recently enacted Ensuring Continued Access to Student Loans Act of 2008. Additionally, the USA Funds Web site provides an updated matrix summarizing the Federal Family Education Loan Program provisions of the law. Read more.

Reminder: Processing New Stafford Loan Limits
USA Funds’ loan processing system was updated in May to accommodate higher unsubsidized Stafford loan limits effective for loans first disbursed on or after July 1. USA Funds offers guidance to help ensure that loans with the increased loan limits are processed correctly. Learn more.

USA Funds Advises Lenders of Address Change
USA Funds advises its lender-customers of a change in the address for submitting certain paper documents requesting post-guarantee loan status changes.
Read more.

Tech Talk

June Release Recap: An Overview of Enhancements to USA Funds Electronic Products
USA Funds provides an outline recapping enhancements to several electronic products and services effective June 23. Read more.