By Suzanne Angheloni, USA Funds Finding the right partner to help with your default prevention efforts is an important part of improving or maintaining your cohort default rate (CDR) and boosting the efficiency of your financial aid team. Here are some tips to remember when looking...
We know that “one and done” financial education for students is not enough. You need to consistently communicate throughout the stages of the student lifecycle, providing education on relevant topics at the right time. Stage 1: Application and First 90 days of school Look at your...
By Suzanne Angheloni, USA Funds Student retention has become more of a hot-button issue in the last few years, and rightly so. A recent New York Times article noted that “sixty percent of people go to college these days, but . . . more than a...
By Suzanne Angheloni, USA Funds There’s a lot you could do proactively to connect your students to money management education, but nobody can do it all. Here are a few high-level best practices for developing and maintaining a financial wellness program. First: Educate students and their families...
By Stacey Musulin, Assistant Director Financial Aid Services, CT Community Colleges On June 1, 2016, Zack Goodwin, Training Officer for the Department of Education (AKA “the Department”), presented CAPFAA members a Federal Update of recent changes and clarifications to financial aid regulations and required practices. This...
By Brenda McCafferty, Sr. Financial Literacy Trainer, ECMC Emergency fund! Do you have one? We all know we need to have one but there are so many questions? How do I save for emergencies when I’m living from pay check to pay check? CNBC reports 62...