PPT-Loan Servicing & Loan Default

Presented by Dan Weigle Manager School Support Services FedLoan Servicing dweiglepheaaorg Agenda Role of the servicer Communication milestones Servicer support activities Default statistics. 74. Loan Servicing Update. Sue O’Flaherty. Cynthia Battle. U.S. Department of Education . . Session Agenda. . The Servicing Landscape . Measuring Performance and Managing Change in Multiple Servicer Environment . Update and Panel. Topics. The Servicing Landscape. The Servicing Landscape. Loan Flow: From Origination to Servicing. Changing Landscape with NFPs. Managing Multi-Servicer Environment. FSA Servicer Oversight & Monitoring. Community College Strategies to Prevent Default. Jee Hang Lee. Vice President for Public Policy and External Relations, . ACCT. Dr. Randy Parker. President, Guilford Technical Community College. CDRs on the Rise. Default:. Making . a . Difference . in 60 Minutes. Facing the . Facts. Fact 1: The Three-Year CDR is Here . Sanctions for FY 2011 3-year CDR over 30%. 1. st. year – create default prevention plan. :. Success Strategies for . Your Campus. NelnET. - . NassaU. Community College - Monroe College. . NYSFAAA Conference October 2013. Session Agenda . Current Data and Trends. Default Prevention and Debt Management Strategies. Carter. Director of Student Financial Aid. UNC Charlotte. Loan Default Prevention. Cohort Default Rate (CDR). The . percentage of a school’s federal student . loan borrowers . who enter repayment within the cohort fiscal year . Jay Coomes, Fiserv. Joe Dahleen, SME. Considerations:. Unit Throughput. Production volume fluctuations. Origination Regulation. Servicing Regulation. Established Loan Processing Domains. Loan Completion: Operational Goals. :. A . Second Chance for Borrowers. The Distress of Loan Default. . More than 40% of Americans . with federal student loans . are behind in their payments . or aren’t making them at all.. Fortune, 2016. :. A . Second Chance for Borrowers. The Distress of Loan Default. More . than 40% of Americans . with federal student loans . are behind in their payments . or aren’t making them at all.. Fortune, 2016. What is a Cohort Default Rate (CDR)?. A “cohort” is a group of Stafford Loan Borrowers who entered repayment within a given federal fiscal year (FY).. A Cohort Default Rate (CDR) is the percentage of those borrowers in a school’s cohort who defaulted within that federal fiscal year or within the next two fiscal years (24 months) and the next three fiscal years . U.S. Department of Education. 2012 Fall Conference. Default Aversion Activities. Session 13 . Today’s Agenda . The Landscape. Tools and Resources. CDR resource materials. NSLDS tools and data. Financial Awareness Counseling. STUDENT LOAN Licensing Laws & Regulations ~~~ Presentation to NCHER 2019 Annual Conference June 3-5, 2019 Presenters Linda J. Randby Deputy General Counsel PHEAA Legal Services Division Jaye O’Connell Fahe is accepting applications for the position of Loan Servicing Specialist . This posting is for immediate full - time employment in our Home Office in Berea, Kentucky. Responsibilities includ STUDENT LOAN. SERVICING. Winfield Crigler. Executive Director. Student Loan Servicing Alliance (SLSA). July 2017. Student Loan Servicing Alliance (SLSA) . SLSA is a non-profit trade association (501(c)(6)) .