Financial Aid Professionals

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Effective April 11, 2016, all loan consolidation adjustment processing for loans originated by the Direct Loan Consolidation System will be handled by Great Lakes. You may contact us at 866-348-0714 (option 4) or dlcssupport@glhec.org for processing instructions.

Recent News

Part of our commitment to keeping you informed is calling your attention to changes in the industry. In case you missed it, the U.S. Department of Education's Office of Federal Student Aid (FSA) recently announced new resources to help you communicate with borrowers about loan repayment options.

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For the past three academic years, Great Lakes Higher Education Guaranty Corporation has been leveling the playing field at four-year colleges by providing funding for paid internships specifically for students with unmet financial need. We're now expanding the reach of these opportunities to greater numbers of students with the release of our first Career Ready Internship Grant for two-year colleges.

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The U.S. Department of Education recently published Dear Colleague Letter GEN-16-02 with revised deferment forms, providing us with an opportunity to clarify the use of two forms we find borrowers often confuse. We're hoping you can help as you counsel borrowers on deferments or provide forms to them.

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Great Lakes' Social Media and Market Research Strategist Liz Gross is being honored by the American Association of University Administrators for her dissertation, which examined the relationship between communication methods and the content and frequency of out-of-class student-faculty interactions. Learn more about her findings, and how this thought leader and researcher is impacting communication in higher education.

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Servicemembers sacrifice so much while serving our country; and research shows they often encounter unique obstacles when pursuing higher education. Great Lakes believes in providing continuous support to servicemembers so they can focus on what's important to them. Here's what you need to know to lend your support, too.

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Great Lakes Higher Education Guaranty Corporation recently released a report highlighting best practices gleaned from our 2014-2015 Career Ready Internship Grant partners. It includes best practices for successfully administering a paid internship program, collaborating with business partners, and serving students with financial need.

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Part of our commitment to keeping you informed is calling your attention to changes in the industry. In case you missed it, the U.S. Department of Education's Office of Federal Student Aid (FSA) recently warned schools to watch for misuse of their name, logo, or trademarks by debt relief companies that charge students fees for federal student aid services provided by ED and servicers for free.

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There's a holiday coming up. Will Great Lakes be open for business? If you use Central Disbursement Service to automate private loan disbursements, are you wondering if that holiday will impact your disbursement dates? A handy document on Support Central answers your questions about holidays in 2016.

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It's never too early to start students down the path to successful student loan repayment-but a graceful exit from school—whether through graduation or leaving school without completing their program—can have a vital impact on students' repayment success. We've got 12 tips to share with your students to help them get off to a great start as they make the transition to life after college.

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A recent report from the Association of Public and Land-grant Universities (APLU) and the Coalition of Urban Serving Universities (USU) details the use of micro-grant student aid programs at 10 public urban research universities. APLU and USU have found that micro-grants are highly effective at keeping students enrolled to graduation.

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