This session explores the establishment and effective administration of a successful institutional loan program in light of the legislative phase-out of GradPLUS and new limits on Parent PLUS. Participants will gain an understanding of the strategic, financial, and operational considerations required to design and sustain a program.
Key Topics Include:
- Student Communication: Building clear, ethical, and proactive communication strategies to enhance borrower understanding.
- Program Design & Legal Structure: Selecting the right legal framework and design for your institution.
- Financing Options: Exploring funding mechanisms such as internal capital, endowment funds, external lines of credit, participation with third-party lenders, accessing the capital markets—and the benefits and risks of each approach.
- Underwriting & Origination: Establishing eligibility criteria, credit assessment standards, and transparent application processes.
- Servicing & Risk Management: Managing repayment, delinquency, and default risk while supporting students and alumni.
- Partnerships & Compliance: Evaluating potential banking, origination, and servicing partners, maintaining regulatory compliance, and ensuring institutional accountability.
Presenters:
Gregory O’Coyne, Vice President, Finance, University Administration, Midwestern University
Patrick B. Belica, Managing Director, SL Capital Strategies
Grant Carwile, Managing Director, SL Capital Strategies