Inceptia, a division of NSLP, today announced it will co-present a webinar with an administrator from one of the nation’s largest comprehensive university systems, the State University of New York (SUNY), on strategies implemented to help reduce debt and to create a more sound financial future for students and alumni by helping students learn the realities of financial aid.
The numbers are in, and they are troubling. In September 2013 the U.S Department of Education announced that two-year and three-year federal student loan default rates were at 10 percent and 14.7 percent respectively. To conquer the pitfalls of runaway student loan debt, institutions must make a concerted effort to ensure their students are well prepared with the basic knowledge of finances and money management. By organizing a campus-wide financial literacy program, your institution provides students with the tools needed to successfully navigate finances into adulthood, while simultaneously reducing your institution’s cohort default rate.
Join us during Financial Literacy Month as we highlight how SUNY is promoting student success by making available every useful means of measuring, comparing, and planning for the costs of college. During this session, you will learn the components of a successful financial literacy program, how to engage students while in school and after, as well as best practices and tips to implementing a financial literacy program at your institution.
Our hour-long webinar will take place on Wednesday, April 30 at 2:30 ET / 1:30 CT. You may join this free session by registering HERE.
Inceptia, a division of National Student Loan Program (NSLP), is a nonprofit organization providing premier expertise in higher education access, student loan repayment, analytics, default prevention and financial education. Our mission is to support schools as they arm students with the knowledge needed to become financially responsible adults. Since 1986, we have helped more than two million students achieve their higher education dreams at 5,500 schools nationwide. Annually, Inceptia helps more than 150,000 students borrow wisely, resolve their delinquency issues and successfully repay their student loan obligations. Inceptia educates students on how to pay for college, guides borrowers through loan repayment counseling, and provides default prevention strategies and services to schools. More information at Inceptia.org.