When the Student Leaves | Origin: FA120
This is a general discussion forum for the following learning topic:
Default Prevention: A State of Mind --> When the Student Leaves
Post what you've learned about this topic and how you intend to apply it. Feel free to post questions and comments too.
For borrowers to be successful thoughout the entire repayment of their loans, they must be given the complete information they need to manage their loans. FAA/school must provide the information in a format that is easily accessible and easy to understand.
It is important that the student understand the pros and cons of having a student loans. and if have the student loan, it is important that he understand his responsability at all times.
You have to give the student information and make it a two way street. You can also do default prevention which is one of the main things that I have learned from this. Making sure to keep in touch with alumni as well is very important
I have learned that default prevention does not end when a student leaves my office. That knowledge is power for the student and that it is my job to keep them as informed as possible for their own success.
When a student leaves it's important they go with all the information to make sure they can repay their loans and understand the payment schedule they are commiting to.
