Newsroom

Tip of the Week

February 27, 2019

Default prevention tools

It's just a draft but, for colleges and universities, it's probably more important than the final version.

The Department of Education released the FY2016 3-year draft cohort default rates on Monday, February 25. With the draft rates, colleges and universities have the opportunity to review the information and provide any corrections to make sure the final rate is accurate.

Mapping Your Future offers several default prevention tools that schools can integrate into their default prevention plan to assist their students. Since Mapping Your Future's inception in 1996, default prevention has been an important focus.

Mapping Your Future provides important default prevention services, including:

• EX$EL, an online financial education and default prevention tool for schools and students
• 22 Online Counseling sessions, which go beyond regulatory requirements
• Resources and content, such as managing your student loan, managing your money, and student loan servicers
• Calculators, such as the Debt/salary wizard, which many financial aid offices use when conducting one-on-one counseling with their students
• Webinars on-demand that provide professional development and new ideas for financial aid offices to enhance their default prevention efforts

For more information, contact the Mapping Your Future staff at feedback@mappingyourfuture.org or (800) 374-4072.

Subscribe to Tip of the Week.
To unsubscribe, click Opt Out.

Mapping Your Future^®, Inc.
P.O. Box 2578, Sugar Land, TX 77487
(800) 374-4072