Sponsored Articles

01/01/2013

The pressure institutions are facing from the growing student loan debt crisis is felt by all departments, from financial aid to admissions. Schools are struggling to justify tuition costs to prospective students, as well as to ensure recent alumni leave pleased with the institution, despite having student loan debt. In this web seminar, originally broadcast on November 13, 2012, representatives from American Student Assistance (ASA), St. Petersburg College, and Emerson College discussed strategies that will help students understand their finances and debt, and how teaching students fiscal knowledge will benefit both the student and the institution.

12/01/2012

The issues of affordability and retention challenge colleges to develop sustainable tuition policies that address the current economic climate yet educate students on the importance of paying their tuition bills on a timely basis. This web seminar, originally broadcast on October 16, 2012, discussed how Nelnet’s solutions, combined with tighter school fiscal policy, can help students meet their tuition obligations even if they do not receive all the financial aid they anticipated. Michigan’s Kellogg Community College explained how they use Nelnet’s Pending Aid plan to decrease outstanding student receivables even when faced with increasing enrollment and rising tuition costs.

09/01/2012

In the world of federal student loan repayment, graduates have the upper hand. So do young adults well-schooled in the ways of money management.

Tusculum College in Tennessee understands that, particularly since working with the experts at Inceptia—leaders in financial education, default aversion and financial aid management services. Inceptia’s mission is to increase the financial aptitude of students, improve graduation rates and provide financial education and financial aid management services. Inceptia’s goal: 100 percent repayment of federal student loans. 

07/01/2012
In the olden days—prior to April 2011—reconciling financial information at Hofstra University’s Continuing Education division was labor-intensive and time-consuming.
Today, the system is streamlined and general ledger reconciliation is seamless, thanks to Higher Reach by Jenzabar, a leading continuing education software platform.
04/01/2012

Experienced partners and best practices ease impact of the growth of international students


JJudy Seguy, Nelnetudy Seguy
Vice President, Business Development
Nelnet Business Solutions

As the international student population of colleges and universities continues to grow, institutions are looking for ways to balance the benefits and struggles inherently associated with processing international payments.

04/01/2012

 

 What is SALTSM?

 

The student aid industry is diverse - with many loan programs offering their own combination of upfront and repayment benefits. American Education Services (AES) and our network of servicing partners has a unique relationship with Upromise, allowing buyers to automatically link their savings to their AES-serviced loan balance.

 

Seeking an alternative to the slow and inefficient system of mailing financial aid and other refund checks to students, Imperial Valley College set up its own direct deposit system. The only problem was just one out of 10 students signed up.

 

The decision-makers at Troy University knew that issuing refunds electronically would make the process more efficient, especially for a university with 35,000 students studying at more than 60 campuses. But it also had an unexpected benefit.

 

Wilmington University’s open admissions policy, flexible scheduling and 11 locations in Delaware and New Jersey are fundamental to its mission of offering careeroriented undergraduate and graduate degree programs for a diverse range of traditional and nontraditional students.

 

Yes. Every OneAccount is insured by the FDIC, currently for amounts up to $250,000. In addition, student refunds are protected by FDIC insurance from the moment a school authorizes payment until the funds are deposited in the student’s bank account, regardless of where the student banks.

 

Having grown up in a world of ATMs, debit cards and online banking, students at the University of Louisville wanted a better way to receive financial aid and other types of refunds. Receiving paper checks through the mail was slow, inconvenient and unreliable.

University administrators weren’t satisfied either. For them, the process was labor intensive, costly and inefficient.

Not so long ago, Kutztown University found itself struggling to work out flexible tuition payment arrangements for strapped parents.

"It became so cumbersome that it was taking a staff member and a half just to monitor payment plans here," said Wendy Pursell, bursar of the Kutztown, Pa., school.

 

Our process was pretty much like everybody else’s. It was all about paper and very time consuming.

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