FedLoan Servicing’s At-Risk Delinquency Resolution Contest

17 Sep 2013 1:45 PM | Anonymous

Beginning in May 2013, FedLoan Servicing held an At-Risk Delinquency Resolution Contest for schools.  Participating schools were provided with a listing of delinquent borrowers, serviced by FedLoan Servicing, who would impact their 2011 or 2012 Cohort Default Rate, if their delinquency was not resolved.  The contest ended on August 28, 2013.  Here are some highlights:

  • •·         350 Schools Participated (6 Tennessee schools)
  • •·         7,356 Cured Delinquencies (28 from Tennessee schools)

Congratulations to all participating schools in the winning region – WASFAA! Schools within the Western region cured 31% of their loan delinquencies.

FedLoan Servicing extends a special thank you to all participating schools for the assistance provided to your alumni! Winning schools were provided a customized poster, congratulatory letter, and the option to participate in our FedLoan Servicing FiveStar Training webinar on default prevention or a spotlight in an upcoming FedLoan Servicing Quarterly Bulletin.

Congratulations to the winners!!!!

Tiers

Winning School

Sector

% of cures

NATIONAL WINNERS

< 50 borrowers

Bryan College (CA)

Plaza College (NY)

Proprietary

100%

51 – 250 borrowers

Howard Community College (MD)

Public

53%

> 250 borrowers

Herzing University (WI)

Proprietary

37%

PUBLIC SECTOR WINNERS

< 50 borrowers

City College of Chicago (IL)

Public

80%

51 – 250 borrowers

Howard Community College (MD)

Public

53%

> 250 borrowers

University of North Texas (TX)

Public

31%

PRIVATE SECTOR WINNERS

< 50 borrowers

Resurrection University (IL)

Sharon Regional Health System (PA)

Private

100%

51 – 250 borrowers

Robert Morris University (IL)

Private

45%

> 250 borrowers

Keiser University (FL)

Private

29%

PROPRIETARY SECTOR WINNERS

< 50 borrowers

Bryan College (CA)

Plaza College (NY)

Proprietary

100%

51 – 250 borrowers

Vista College (TX)

Proprietary

43%

> 250 borrowers

Herzing University (WI)

Proprietary

37%

GRADUATE AND PROFESSIONAL SECTOR WINNERS

< 50 borrowers

Assemblies of God Theological Seminary (MO)

Eastern Virginia Medical School (VA)

Graduate

100%

Loading

Contact Us: administrator@tasfaatn.com

 

Powered by Wild Apricot Membership Software