August 6, 2008

OGSLP Offers Best Practices for Default Prevention

OGSLP developed a comprehensive outline of default prevention “best practices” to help schools and lenders enhance and expand their default prevention programs and services. Thanks to the feedback of our customers, the information and tools provided in our online guide represent proven approaches that produce reliable results and complement existing regulatory requirements.

As higher education professionals, we understand the challenges schools and lenders face when working through the default prevention process. This peer-reviewed, Web-based, free resource is divided into distinct channels of information for our school and lender customers; each channel addresses the entire life of the loan. Featured tools include sample letters and e-mail text, checklists for entrance and exit counseling and financial literacy information and materials.

OGSLP designed the “best practices” guide to help you maximize the effectiveness of the excellent assistance and support you already provide to borrowers. Working together, we’re making a difference!

For more information or to request a printed copy of the Default Prevention Best Practices guide, contact our Early Assistance department at 800.358.5460 or wecanhelp@ogslp.org. We’re here to help!