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Via our exclusive BorrowSmart process, families provide us with an affordable monthly budget and we help them determine the best way to pay.
If a family can pay in full, that’s fine. If not, then a payment plan is the best and most affordable choice. Meanwhile, if paying the entire balance through a payment plan is more than a family can afford, we help families combine a payment plan with your approved lending products – all while keeping loan debt to a minimum.
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By combining a payment plan with a loan, families enjoy a reduction in long-term loan debt along with the savings on loan interest. In addition, our counseling makes certain that options presented are balanced and provide additional value.
All families that work with our state-of-the-art contact center will be assisted, advised and informed of the payment options provided and approved by your school. Expert advice is unbiased and fair.
Not only do we assist students and families who want to avoid unnecessary borrowing, as well as those who just need help making an informed decision; but you also hit your recruitment goals.
Click here now to view a brief demonstration of how this combined payment plan and loan strategy can be modeled with our BorrowSmart® debt minimization service. |
