School Tools __

1
School Tools__

• Don Vickers,
• Vermont Student Assistance Corporation
• Cathy Mueller, Mapping your Future
• Glenn Hansen, Coastal Carolina University
• Scott MacDonald, Southern Maine Community College

2
A national financial aid industry collaboration

• Cathy Mueller, Mapping Your Future, Inc.

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Techniques and Tips for Collaborating

• Develop a collaborative mission statement and
  clear goals
• Clarify the roles and responsibilities of
  partners
• Develop policies for sharing in the work and the
  costs

4
Techniques and Tips for Collaborating

• Establish clear procedures for decision-making
  and problem-solving
• Communicate with partners regularly
• Conference calls for project updates
• In-person meetings for planning strategies

5
Techniques and Tips for Collaborating

• Use available software tools for Internet
  collaboration, for example
• E-mail
• On-line meetings
• Videoconferencing
• Developmental web site
• Electronic whiteboard

6
Techniques and Tips for Collaborating

• Recognize and publicize successes
• Promotional campaigns
• Special events
• Contribution awards

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Benefits and Rewards of Collaboration

• Economies of scale by leveraging of Internet
  investment of partners
• Sharing of diverse education and experience in
  the industry
• Sharing of technological expertise to solve
  common problems

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Benefits and Rewards of Collaboration

• Encouragement of innovation and initiative
• Enhanced vision of the industry environment,
  direction, and requirements
• Better services for customers of partners
• Expanded promotional and public relations
  opportunities

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Questions?
10
Effective Partnerships in Building Student
Centered Debt Management Programs _____

• M. Scott MacDonald
• Southern Maine Community College

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Devising an Effective Debt Management Model

• Focus on the Student like a Laser
• All Aspects of the FFEL Program Involve the
  Student
• What Proactive Partnerships Can Be Developed that
  Surround Student Interests?
• College/Lender/Guarantor
• Who Are My Interest Schools What Collaborative
  Efforts Can Be Devised?
• Who are Other Interested Parties Surrounding the
  Student How Can Other Collaborations Be Formed?

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Invent Collaboratives that Enthuse Engage in a
Variety of Formats
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Create Incentives for Student Attendance at
Entrance Exit Sessions
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Partnerships Strengthen Debt Management Goals

• Lead to more knowledgeable informed student
  borrowers
• Lowers borrower delinquency defaults
• Leads to wiser borrowing habits
• Results in proactive students in repayment
• Provides students with benefits of personal
  financial management
• Increases borrower perception of control over
  finances

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Examples of Succesful Collaboratives

• Loan Counseling Media Clips Paul Garrard, from
  Association of American Medical Colleges (AAMC)
  days
• Exciting Exits One Institutions Approach to
  the Dreaded E Word Scott MacDonald, Southern
  Maine Community College

16
Questions?
17
Thank You! _____

• Don Vickers, Vermont Student Assistance
  Corporation
• Cathy Mueller, Mapping your Future
• Glenn Hansen, Coastal Carolina University
• Scott MacDonald, Southern Maine Community College