students loan consultancy

USA Funds^® University’s financial-aid consultants now are available to present group student-loan exit-counseling sessions. Individual advising also is available after the group sessions.

The exit-counseling sessions include all information required by federal regulations, including the following topics:

• Student rights and responsibilities.
• Repayment options.
• Loan consolidation.
• Consequences of default.

The sessions guide students through exercises to help determine monthly student-loan payments based on estimated monthly income. Consultants will emphasize financial planning, including development of a realistic budget, and provide an overview of sound financial principles and best practices.

Students will take away from the sessions a variety of student-loan-repayment resources and tools to assist them in managing their debt, including the following items:

• The USA Funds Education-Loan Organizer folder (a PDF file). This folder includes a glossary of education-loan terms, a list of borrower rights and responsibilities, and an insert sheet to track important contacts and correspondence.
• USA Funds’ brochure “Student Loan Repayment — Four Steps to Take Now” (a PDF file).
• USA Funds’ brochure “Deferment & Forbearance — Do You Need Student-Loan-Payment Relief?” (a PDF file).
• USA Funds’ brochure “Loan Consolidation — Is It the Right Option for You?” (a PDF).
• A list of tips for using credit cards.
• A copy of the exit-counseling presentation, suitable for note taking.
• Quicken^® New User Edition 2004 for Windows. This personal-finance software CD reinforces the financial principles and practices discussed in the exit-counseling session. The software will assist students in determining financial goals, establishing a personalized budget, tracking income and expenses, and managing their checkbooks and monthly bills. Quicken is a registered trademark of Intuit Inc.

USA Funds University’s financial-aid consultants have extensive experience in the financial-aid office and are familiar with the challenges students often face in financing a college education and repaying student loans.

USA Funds University offers exit-counseling sessions to students at schools that use the USA Funds guarantee. Please

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