Inceptia to provide default prevention services to Charter College

Lauren Williams's picture
Thursday, December 19, 2013

Inceptia, a division of NSLP, announced today that Charter College, a leader in private post-secondary education with 11 campuses in Alaska, Washington and California, has selected Inceptia to provide their students with online financial education and default prevention outreach.

Based in Reno, Nevada, Charter College is a subsidiary of Prospect Education LLC. As a career-focused institution providing education to a diverse population, Charter College serves students who are balancing work schedules and families. That’s why Charter College is taking proactive steps to alleviate any financial pressures by providing students with resources to manage their finances, understand repayment and prevent student loan default.

“At Charter College, we realize that our students need more than an excellent career education to succeed in life,” said Prospect Education President and CEO Michael L. Dawson. “They need support to help them reach their financial goals. Our partnership with Inceptia offers that support by providing a comprehensive financial education program and personalized outreach services to student loan borrowers who are struggling with repayment.”

Charter College students will benefit from Inceptia’s online financial education program, Financial Avenue. Based on the U.S. Department of the Treasury’s financial education core competencies, this program thoroughly covers the subjects students need to succeed financially. Students will learn money management basics from budgeting, credit cards and banking to more complex subjects like contracts, taxes and investing. All the online courses and mini-modules are designed to give students confidence in dealing with their personal finances.

With default prevention outreach, Charter College student loan borrowers will receive one-on-one counseling from Inceptia’s highly trained counselors to resolve their delinquent student loan accounts so they can get back on track for repayment.

“We are pleased that Charter College has put its trust in Inceptia to help their students,” said Inceptia President and CEO Randy Heesacker.“Inceptia’s combination of online financial education and default prevention outreach will provide Charter College students the immediate support they need and the personal financial skills to help them plan a better future.”

ABOUT INCEPTIA

Inceptia, a division of National Student Loan Program (NSLP), is a non-profit organization providing premier expertise in default prevention and financial education. Since 1986, we have helped more than two million students achieve their higher education dreams at 5,500 schools nationwide. Annually, Inceptia assists more than 150,000 delinquent borrowers in repaying their student loans. By using practical tools of cohort analysis, financial education and repayment outreach, Inceptia educates students on responsible personal finances and loan repayment counseling and provides default prevention strategies and services to schools. More information at Inceptia.org.