Newsroom
Mapping Your Future offers new financial literacy and repayment success program
September 11, 2015
FOR IMMEDIATE RELEASE: Thursday, September 10, 2015
CONTACT: Beth Ziehmer
573-796-3730
Managing student loan debt is a critical issue facing colleges and universities today, many of which, at the same time, are dealing with budget and staff shortages.
Now offering EX$EL, an online financial literacy and repayment success solution, Mapping Your Future makes a cost-effective resource available for schools, colleges, and universities eager to help their students. Providing multi-media courses and materials along with consistent, regular contact, EX$EL can expand school efforts to support both enrolled students and student borrowers after they leave school.
"Relying on entrance and exit counseling may not be enough to effectively help all students," said Cathy Mueller, executive director of Mapping Your Future. "That's why we're pleased to be offering EX$EL, which enables financial aid professionals to be proactive in their default prevention programs."
"With our common interest in promoting financial education, repayment success and avoiding default prevention, we are delighted Mapping Your Future has chosen to offer EX$EL to colleges and universities across the nation," says Wendy McAlister, president and CEO of College Foundation, Inc., which, with the North Carolina State Education Assistance Authority and Decision Partners, created EX$EL to help educators and their students.
EX$EL is a cost-effective way to:
- Improve student retention and persistence to graduation
- Help students make intelligent borrowing decisions
- Identify and assist students in financial stress
- Enhance borrower understanding of repayment choices
- Guide borrowers in finding the repayment option most favorable for repayment success
- Assist in preparing borrowers for their financial and professional lives after college
- Help reduce cohort default rates
EX$EL is flexible, allowing colleges and universities to design a program that best fits the needs of their campus and of their students.
For information, contact Mapping Your Future at feedback@mappingyourfuture.org or 800-374-4072.
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Mapping Your Future, Inc. is a 501(c)(3) charitable nonprofit organization, helping students plan better tomorrows. Based in Sugar Land, Texas, Mapping Your Future has, since 1996, consistently empowered students and families with the information and services they need to accomplish their career and higher education goals, as well as manage their finances. For more information on Mapping Your Future, visit us at MappingYourFuture.org or contact us at feedback@mappingyourfuture.org.