There are some updates within the Borrower Education section of T.H.E.’s web site.
There is a new calculator home page. You and your students can access it at www.theloanprogram.org under “helpful links” as well as within the discipline specific pages. The new page lists our four newly designed calculators.
There are three new Financial Literacy Tutorials, accessed via the Financial Literacy Series pull-down on the Borrower Ed homepage. Blending education and entertainment, the new tutorials cover Credit, Budgeting and Id Theft. We encourage you in the financial aid office to check it out for yourselves.
The Electronic Loan Counselor also had some updates In the past there was information about Extending, Reducing, Postponing and Consolidating. We recently replaced the action item Consolidate with Overpay and now text updates have been made to support this new approach.
More information about our financial literacy resources will be shared in the next issue of the Smart Choices newsletter.