how tg can help with default aversion tools and solutions for your institution joe braxton default...

How TG Can Help with Default Aversion Tools and Solutions for Your Institution

Joe BraxtonDefault Aversion ConsultantTG

How TG views default aversion

• At TG, helping borrowers successfully manage repayment of their student loans has long been a corporate goal.

• TG provides a comprehensive set of tools to assist schools and lenders in addressing default aversion.

Resources for schools

• Default aversion services• Positive+Balance™ financial literacy training program• Default aversion self-assessment tool• Integrated Default Assistant™ (IDA™)• Consultation services

Positive+Balance™

• Established in 2005• Financial literacy training program

– Student, professional, or train-the-trainer

– Promotional kits available

• Updated Positive+Balance materials – New session offerings online

– Contemporary “look and feel”

– Based on customer feedback

Integrated Default Assistant™ (IDA™)

• TG’s Integrated Default Assistant (IDA) offers a versatile tool for tracking and managing cohort default rate performance for TG-guaranteed loans.

• Highlights include:– Near real-time reports on several aspects of

default aversion – Preformatted letters to borrowers that can be printed by the

school– Wide range of reports that are designed to help make default

aversion manageable in financial aid offices– Web-based (accessible through AdvanTG Web™)

or as a standalone application (IDA 1.2)

Resources

Adventures In Education (AIE™)

Adventures In Education (AIE)

• Established in 1995• Counselors Network• Financial aid calendar • Weekly e-mails with time-sensitive information (AIEmail)• Scholarship search• FAFSA assistance• Information on managing credit and debt

Questions?

This presentation is available for download at

www.tgslc.org/tgconference.