Loan Summaries: Nudging Students Toward Responsible Borrowing (Business Solutions)

Tuesday, June 26, 2018: 3:00 PM-4:00 PM
Room 18D (Austin Convention Center)
Session Type: Financial Aid Business Solutions Seminars
Track: Forum
Subcategories: Research & Data Analysis Track
Audience: All
Credit Type: Credit Hours and Clock Hours
School Type: All Schools
Join us as we examine preliminary results of loan summary initiatives at three universities and the science behind effective debt letters. A case study from the University of Minnesota-Twin Cities demonstrates how the school integrates letters into student portals and trains staff to address responsible borrowing during student interactions. We'll also discuss strategies for integrating loan summaries into broader financial education programs. Attendees will gain:

-An understanding of loan summary strategies

-Suggestions for integrating loan summaries into a broader suite of services supporting responsible borrowing habits

Matt Nettleton (Inceptia)
Gena Boling (University of Missouri)