Financial Aid Professionals

Recent News

Our new Knowledge Center topic, Top Six Ways to Reduce What You Owe, was designed to help student loan borrowers understand interest, capitalization, and possible interest rate reductions—while also providing them with ways to limit or reduce the total amount they owe. Follow the wizard to learn more about this engaging new resource...so you can share it with your students!

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In addition to being crunch time for tax filing, spring is also a season when college sports fans tend to jump on the bandwagon. In a similar way, social media offers a great way to unite people in a powerful and positive way. It's easy to jump on, share exciting news, and engage people. See how Great Lakes did just that (and you can, too) by retweeting the recent #TaxBreaks4Students Twitter campaign.

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On March 11, FASTChoice™, Great Lakes' online private loan counseling and selection tool, was updated with minor adjustments, which provide your students with a more informed experience. In addition to deploying our annual maintenance release, we responded to your feedback about how to improve the school experience. Find out how Great Lakes is putting your ideas to work with FASTChoice.

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It's no secret that spring is one of the busiest times in the financial aid office. With so much to do, it can seem impossible to fit another task into an already busy day, especially when that task is taking care of yourself. Fortunately, Great Lakes is here with 10 simple ideas for reducing spring stress that you could (and should) incorporate into your daily routine with minimal effort—and big results.

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We held our first Great Lakes Listening Sessions in June 2012 with the goal of providing a unique way for our school partners to share ideas and concerns related to important industry topics. Since that time, we've regularly invited you and your colleagues from public, private, proprietary, and graduate/professional schools to participate in hour-long teleconferences. Here's what we heard at our February sessions.

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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, FSA recently announced upcoming operational changes related to the October 23, 2014 final regulations on Direct PLUS Loan credit criteria. These changes will be implemented March 27-29, 2015.

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While your efforts in the financial aid office are supported by many different departments within Great Lakes, Client Services is likely one of the more familiar groups to you. Along with your dedicated Great Lakes representative, this department makes up your Great Lakes support team. You know you can count on them for friendly guidance and timely answers to your questions, but you may not know how much they rely on your questions and feedback.

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