WHAT WE DO:
Based in Washington, D.C., the National Council of Higher Education Loan Programs (NCHELP) represents a nationwide network of organizations, including state and not-for-profit guaranty agencies, secondary markets, lenders and schools that provide student loan servicing, debt management, college access, financial literacy and other services to students and borrowers. Additional member organizations include student loan servicers, collection agencies and others whose services focus on students and the schools that they attend. NCHELP members promote student access and choice for postsecondary education and training. Our members provide a range of services and materials to help students gain access to college, manage their finances and successfully repay student loans.
WHAT WE OFFER:
Financial Literacy Materials, Web Sites and Programs
NCHELP members provide detailed information to students, schools and community organizations about budgeting, credit cards, saving and paying for college, responsible borrowing, the risks of identity theft and understanding credit scores. Provided through interactive web sites, guidebooks, planners and brochures, these services are offered at no charge. One web-based game allows students to plan out their career, earn an income and attempt to manage their monthly finances. Another exercise lets high school students experiment with what their expected salary would be based on the college major they pursue. NCHELP members also develop entrance and exit counseling materials for college students taking out student loans and provide default prevention programs that help protect borrowers’ credit ratings.
Financial Literacy Curriculum
To help schools teach students to manage money wisely while in high school, college, and after they graduate, NCHELP members have created financial literacy curriculum. Some members have based their courses on school requests for a strong curriculum that is provided in a ready-to-use format. NCHELP members also play a key role in helping to develop curriculum for states that require public schools to teach financial literacy education.
Financial Literacy Partnerships
NCHELP members work with partners in their states to host events, award scholarships and
create materials that reinforce the critical need to improve financial literacy.
WHAT WE NEED:
At the end of the month, NCHELP will hold its annual Legislative Conference in Washington, D.C. on September 27 -28. The conference will feature a discussion of successful financial literacy strategies and evaluation measures that will include remarks from Josh Wright, Acting Director, Office of Financial Education and Financial Access with the U.S. Treasury Department and Phil Martin, Assistant for Financial Education and Student Aid with the U.S. Department of Education. Representatives from the newly created Consumer Financial Protection Bureau will provide an update on Bureau’s efforts to protect student borrowers and consumers, including how the Consumer Education division will track how students and families choose postsecondary institutions and the loan products that help make them affordable.
Registration details and further information about the conference are available on our website at: www.nchelp.org.
Jump$tart Coalition for Personal Financial Literacy