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Default Prevention

Default Prevention

To help you Manage Borrower Delinquency, we have partnered with Student Loan Counseling Service, Inc. We provide information to help students avoid defaulting on their student loans. The available tools address the specific needs of each student to allow for successful repayment.

Student Assistantship Grants provide funding to schools that support student counseling and financial literacy programs. A student assistant can better relate to their peers by bringing a new perspective and level of empathy that only a fellow student can share.

It’s Payback Time is a program providing students with basic information on budgeting, credit, and student loans. The program incorporates a Super Loan Team of superheroes sure to grab the attention of students. 

The Borrower Referral Program allows colleges and universities to refer students, who may be at risk of default, to the Commission. The Commission will pro-actively work with these students to help ensure successful repayment.

The Borrower Debt Management Service provides schools with resources and information about graduating students that can be used in exit counseling sessions. Contact your customer relations representative for more details.

The Delinquent Borrower by School Report provides schools with an online list of their borrowers who are delinquent in repayment of their student loans. [User Guide]

The Cohort Default Rate (CDR) Fact Sheet provides schools with details on how a CDR is calculated and gives information on upcoming changes to the CDR formula.