ERIC Number: ED306356
Record Type: Non-Journal
Publication Date: 1987-Dec
Reference Count: N/A
Default Management Manual.
Dent, Richard A.
This manual is designed to instruct administrators of the Guaranteed Student Loan (GSL) Program in how to take every step possible to administer the program effectively and to minimize the program costs of serving the high risk student. It shows schools how to work with students throughout their time in school, create ownership of the loan(s) by the students, and work with the lenders and guarantee agencies when the student becomes delinquent in loan repayments. Chapter I focuses on the default problem of the GSL program. Chapter II considers who defaults and why. The school's effectiveness in administering the GSL program is the focus of chapter III. It covers school administrative procedures that have an impact on defaults and recommending lenders. Chapter IV outlines the Model School Default Prevention Program. Chapter V is designed to help administrators select from the full range of options in the model to tailor the program to the school. The referenced student handout materials are presented in chapter VI. The Borrower's Maintenance Manual for Guaranteed Student Loans includes sections on application for a GSL, loan management, repayment and/or deferments and forbearance, and defaults. Chapter VII contains additional tips to reduce defaults. Appendixes include samples of forms and handouts for students. (YLB)
Descriptors: Adult Education, Educational Finance, Financial Problems, Loan Repayment, Money Management, Postsecondary Education, Program Administration, Student Financial Aid, Student Financial Aid Officers, Student Loan Programs, Student Responsibility
Career Training Foundation, c/o National Association of Trade and Technical Schools, P.O. Box 10429, Rockville, MD 20850 ($30.00 plus $5.00 shipping and handling).
Publication Type: Guides - Non-Classroom
Education Level: N/A
Audience: Administrators; Practitioners
Sponsor: Association of Independent Colleges and Schools, Washington, DC.
Authoring Institution: National Association of Trade and Technical Schools, Washington, DC.; Career Training Foundation, Inc., Washington, DC.
Identifiers - Laws, Policies, & Programs: Guaranteed Student Loan Program