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.