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.
You may already know how Portfolio Navigator can help you identify and reach out to your students with the guidance and resources they need to avoid or alleviate the consequences of
delinquency and default. But, you can also use the data displayed in Portfolio Navigator—now including your estimated CDR and risk factor rate—to manage the outlook of your entire portfolio.
On January 8, we published an announcement to help you get ready to receive draft cohort default rates. Now, as you receive your school's draft CDR data, we've got
reminders about why you need to review this data each year—and how you can make your challenge count.
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) has developed a number of new online resources to help educate students and parents about creating and using their FSA ID.
When Great Lakes was founded in 1967, we were established as a nonprofit organization with a single mission: promoting
college access and completion. Simply put, we were charged with getting more students to and through college.
Since school is back in session, we want to provide you with a refresher on refund processing, including useful tips on how to process refunds for each loan type.
The newest income-driven repayment plan—Revised Pay As You Earn (REPAYE)—launched in mid-December. It's the first income-driven plan that doesn't require financial hardship
and has a few other key differences that make it unique. Here's what you need to know so you can help your students determine if it's a good option for them.
The February arrival of draft CDRs is just around the corner.
Are you ready?
We can help you prepare to receive your rates, assess your situation, and gear up with timesaving tips and training.