[Natfinwellness] Debt Letter

Vedder, Lori lvedder at umflint.edu
Thu Oct 13 08:20:29 EDT 2016


Hi Nate,  what system are you on?  Is it your system that has this portal or a home grown product?
Lori

Lori L. Vedder, Director
Office of Financial Aid
University of Michigan-Flint
Room 277 UPAV
810-762-3238




From: Natfinwellness [mailto:natfinwellness-bounces+lvedder=umflint.edu at lists.osu.edu] On Behalf Of Nate Peterson
Sent: Wednesday, October 12, 2016 4:31 PM
To: National Financial Wellness Listserv
Subject: Re: [Natfinwellness] Debt Letter

At the University of Minnesota-Twin Cities, we have incorporated this "letter" into our student's MyU internet portal (Borrower History is what we call it). When students are accepting financial aid each year, students are required to acknowledge their debt load through a borrower history page that pops up. The data is a snap shot of information currently, but we are exploring live data for future roll outs. We currently only show loans through their education at the University of Minnesota (including private), but our One Stop Counselors, who have all completed certifications in Personal Financial Management, can log into the staff side of NSLDS to talk with students about their overall education loans that are present in the system. We also include instructions on how students can decrease their current loans, as well as resources at the University and beyond (such as NSLDS).

Nate
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