Designed for Students...
Today’s students are faced with higher debt levels, confusing repayment
options, multiple loan holders and a tough job market.
For students to be successful, they need a resource that is:
- Web-based.
Enabling 24/7 online access whenever and as often as they need
- Organized.
Logically walking students through the process of
learning about loan repayment while creating a
manageable repayment strategy
- Engaging.
Using timely videos and interactive resources to
draw students in, versus text-heavy, click-through content
- Approachable.
Providing a platform where students can get the
answers they need without feeling intimidated or overwhelmed
- Relevant.
Giving students real-time information about their
loans and lenders so they can create a personalized
repayment plan for their entire loan portfolio
...to Achieve Results
In addition to giving students a much
needed resource, providers also benefit
because they:
Minimize delinquency and default of both federal and private loans.
Repayment performance is improved when students
are organized, aware of their options,
and engaged in the creation of a plan.
Reinforce a positive relationship with student borrowers.
Taking a proactive approach prior to repayment shows borrowers
that you care about their wellbeing.
Reduce default aversion and collection costs.
Implementing a comprehensive payment strategy for all education loans
reduces initial and rolling delinquencies.
Can be seen as a leader who has the best interest of the student in mind.
Show the public that you are doing your
part to address the needs of student loan
borrowers as they struggle with difficult
circumstances.
Do a great deal more for less.
RepayReady is a cost effective, turnkey program offering compliant and
consistent repayment counseling education and tools. In addition, our
administrative reports monitor engagement to support 100% borrower participation.