Default Prevention Consulting
Student Financial Solutions uses both statistical and anecdotal data specifically from your institution matched with our expertise in default prevention. We help answer the question "why do your students default on their student loans?" We find the answers and provide solutions. It's our belief that if you are only reaching out to past due borrowers, you are only fighting half the fight. Schools need an effective default prevention plan to lower their CDR.
Past due borrowers are contacted to develop both a short-term and long-term solution to their student loan repayment needs. We reach out to students upon graduation (or withdrawal) to provide support regarding their student loan repayment plans.
Repayment counseling sessions are available for one to one-thousand students. Providing your students hands-on counseling as they prepare to graduate is an active step in default prevention.
Loan Concierge Service
It is not just past due borrowers that need assistance with their student loans. We provide advice to borrowers who attend your institution. This is a great tool in default prevention but also helpful in areas such as recruitment and alumni giving.
Contact us today to discuss your school's default prevention needs.
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