http://www.thetodayedition.org/ Helping Students Lower the Cost of Financing Higher Education en Copyright 2008 Thu, 15 May 2008 12:20:52 +0000 http://www.sixapart.com/movabletype/ http://blogs.law.harvard.edu/tech/rss Now it’s easier than ever for borrowers to find borrower education resources, thanks to a __new addition on our web site – the borrower education section__. Designed to be easy to use, borrowers can search for materials using drop down menus either by their enrollment phase or resource type: http://www.thetodayedition.org/archive/2008/05/now-its-easier-than-ever.html http://www.thetodayedition.org/archive/2008/05/now-its-easier-than-ever.html Announcements Thu, 15 May 2008 12:20:52 +0000 T.H.E.’s offices will be closed in observance of the following holidays: * May 26 – Memorial Day * July 3 – Day Before Independence Day * July 4 – Independence Day Disbursements are not affected —- our holiday tables prevent disbursements from being scheduled on designated holidays. Our web site and online origination system remain accessible during holiday hours. http://www.thetodayedition.org/archive/2008/05/the-holiday-schedule-1.html http://www.thetodayedition.org/archive/2008/05/the-holiday-schedule-1.html Announcements Wed, 14 May 2008 22:13:14 +0000 May May 18 — May 21 EASFAA(Portland, ME) May 27 — May 30 OASFAA(Huron, OH) ]]> http://www.thetodayedition.org/archive/2008/05/school-relations-upcoming-even-5.html http://www.thetodayedition.org/archive/2008/05/school-relations-upcoming-even-5.html About Wed, 14 May 2008 20:08:27 +0000 We are encouraged that Congress and the Administration are finally addressing a problem that we feel has been vastly underestimated. As of today, we feel they are still quite a ways from a solution that works and we encourage you to contact your Congressional representatives and press them to be, in Secretary Spellings’ words, “double-dog sure” they have a solution that provides uninterrupted access to FFEL loans for your students. Our website has been updated with the most current information you can share with your staff and students. http://www.thetodayedition.org/archive/2008/04/loan-funding-update.html http://www.thetodayedition.org/archive/2008/04/loan-funding-update.html Industry news Fri, 25 Apr 2008 20:02:59 +0000 __Security upgrade__ To better protect each borrower's account information, T.H.E. upgraded online security. One new feature is a personalized image and phrase that tells users they are logging in to an authentic T.H.E. online account page. Another feature is a set of three security questions all users will be asked to select and answer. These answers will be used to ensure that accounts are kept secure and private so users feel safe with every transaction. As part of this implementation, all existing users will have to go through a one-time enrollment process to collect the new security information for all logins starting April 16, 2008. http://www.thetodayedition.org/archive/2008/04/the-implements-online-changes.html http://www.thetodayedition.org/archive/2008/04/the-implements-online-changes.html Announcements Fri, 25 Apr 2008 19:57:12 +0000 Transitioning into repayment can be a challenging task for many students. Although graduates have a variety of repayment options available, we often hear that students don’t take advantage of options other than the standard repayment plan. Usually, it’s because they’re overwhelmed with the choices or simply don’t know their options. http://www.thetodayedition.org/archive/2008/04/why-were-calling-our-spring-gr.html http://www.thetodayedition.org/archive/2008/04/why-were-calling-our-spring-gr.html About Tue, 15 Apr 2008 20:01:52 +0000 Customer service is the foundation of a quality student loan program. But what do you look for in a lender’s customer service program? We [put together a brief guide][urlEvalCustServ] to help you ask the right questions about each potential lender’s customer service capabilities. [urlEvalCustServ]: http://www.theloanprogram.org/downloads/EvalCustServ.pdf http://www.thetodayedition.org/archive/2008/04/how-you-can-evaluate-customer.html http://www.thetodayedition.org/archive/2008/04/how-you-can-evaluate-customer.html About Tue, 15 Apr 2008 20:00:25 +0000 Earlier in the year, we introduced a new presentation, __Student loan update: understand the details behind the headlines__. Now, your students can see this material in an [online tutorial on our website][urlStudentLoanupdate]. The tutorial takes about 15 minutes and covers: [urlStudentLoanupdate]: http://www.theloanprogram.org/TLC/Education/files/StudentLoanUpdate_Section1.html http://www.thetodayedition.org/archive/2008/04/online-tutorial-covers-changes.html http://www.thetodayedition.org/archive/2008/04/online-tutorial-covers-changes.html Announcements Tue, 15 Apr 2008 19:56:15 +0000 T.H.E. is temporarily suspending our consolidation loan program due to adverse financial market conditions and legislative cuts. The combination of the financial market disruption and the legislative cuts effective October 2007 has significantly reduced our financial ability to fund these types of loans. http://www.thetodayedition.org/archive/2008/03/consolidation-program-temporar.html http://www.thetodayedition.org/archive/2008/03/consolidation-program-temporar.html Announcements Fri, 14 Mar 2008 15:09:12 +0000 Our __Smart Choices__ borrower education newsletter, launched last fall, is now [available online][urlSmartSpring] on the T.H.E. Today main page. Focused on bringing you the latest borrower education tools and advice, the newsletter features: [urlSmartSpring]: http://www.thetodayedition.org/newsletter/Spring_Summer_2008.pdf http://www.thetodayedition.org/archive/2008/03/borrower-education-newsletter.html http://www.thetodayedition.org/archive/2008/03/borrower-education-newsletter.html Student financial literacy Fri, 14 Mar 2008 09:16:29 +0000 While the [new eligibility rules][urlEconomicHardship] make Economic Hardship Deferment an option for more students this year, one change to the program is the loss of the debt-to-income ratio pathway (i.e., Condition 6) as of July 2009. [urlEconomicHardship]: http://www.thetodayedition.org/archive/2008/03/economic-hardship-deferment-up.html http://www.thetodayedition.org/archive/2008/03/debttoincome-ratio-for-economi.html http://www.thetodayedition.org/archive/2008/03/debttoincome-ratio-for-economi.html Lowering the cost of higher education Thu, 13 Mar 2008 21:00:36 +0000 With graduation fast approaching, we want to remind you that the Economic Hardship Deferment program has new eligibility rules in place, allowing more students to qualify for the program. http://www.thetodayedition.org/archive/2008/03/economic-hardship-deferment-up.html http://www.thetodayedition.org/archive/2008/03/economic-hardship-deferment-up.html Lowering the cost of higher education Thu, 13 Mar 2008 20:06:36 +0000 Setting up a customized T.H.E. jump page for your school is a great way to simplify the loan application process for your students. Depending on your processing preferences, you determine which loan type(s) appear on the jump page. http://www.thetodayedition.org/archive/2008/03/streamline-your-application-pr.html http://www.thetodayedition.org/archive/2008/03/streamline-your-application-pr.html About Thu, 13 Mar 2008 19:00:19 +0000 ###Private loans are variable and change each quarter. From April 1, 2008 to June 30, 2008, T.H.E.’s three-month LIBOR index is 3.67%. Our private loan rates are based on a spread of LIBOR rates plus an additional amount (defined in the borrower’s Truth-in-Lending Disclosure), according to the discipline of study. The interest rates for private loans are posted on our web site within the Rates/Savings sections of different loan programs and are updated each quarter to reflect the current interest rate. http://www.thetodayedition.org/archive/2008/03/private-loan-rates-for-borrowe.html http://www.thetodayedition.org/archive/2008/03/private-loan-rates-for-borrowe.html Announcements Thu, 13 Mar 2008 16:03:16 +0000 April April 4 — April 8 WASFAA (Seattle, WA) ]]> http://www.thetodayedition.org/archive/2008/03/school-relations-upcoming-even-4.html http://www.thetodayedition.org/archive/2008/03/school-relations-upcoming-even-4.html About Thu, 13 Mar 2008 12:00:09 +0000