in-house loans—should we or shouldn’t we?. panelists: roger patrizio michael mcgillicuddy ...
TRANSCRIPT
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Panelists: Roger Patrizio Michael McGillicuddyRay Siderius
Panel Moderator: Paul Stone
PANEL INTRODUCTIONS
The History of Your Loan Program
Why did you start the program? What research
did you conduct?
How did you get it set up?
Who is in charge of the program at your school?
Program Use
What percentage of your student population
uses your in-house program?
Application Process
What type of application process do you use?
Do you often find you need to reject applications?
What are some of the common reasons that
applications are rejected?
Repayment of the Loan
Do you give students full loans or do you
require a down payment?
How often do students make payments?
When do payments start?
When do payments end?
Fees
What types of fees do students pay?
What type of interest do
you charge?
Default
What is the default rate on loan payments?
What do you do when students don’t make
payments?
Challenges
What are other challenges schools
should consider when they set up their loan
programs?
Getting Started
How might schools get started setting up in-
house loan programs?
In-H
ou
se L
oan
s—
Sh
ou
ld W
e o
r
Sh
ou
ldn
’t We?
The History of Your Loan Program
Why did you start the program? What research
did you conduct?
How did you get it set up?
Who is in charge of the program at your school?
Program Use
What percentage of your student population
uses your in-house program?
Application Process
What type of application process do you use?
Do you often find you need to reject applications?
What are some of the common reasons that
applications are rejected?
Repayment of the Loan
Do you give students full loans or do you
require a down payment?
How often do students make payments?
When do payments start?
When do payments end?
Fees
What types of fees do students pay?
What type of interest do
you charge?
Default
What is the default rate on loan payments?
What do you do when students don’t make
payments?
Challenges
What are other challenges schools
should consider when they set up their loan
programs?
Getting Started
How might schools get started setting up in-
house loan programs?
In-H
ou
se L
oan
s—
Sh
ou
ld W
e o
r
Sh
ou
ldn
’t We?
The History of Your Loan Program
Why did you start the program? What research
did you conduct?
How did you get it set up?
Who is in charge of the program at your school?
Program Use
What percentage of your student population
uses your in-house program?
Application Process
What type of application process do you use?
Do you often find you need to reject applications?
What are some of the common reasons that
applications are rejected?
Repayment of the Loan
Do you give students full loans or do you
require a down payment?
How often do students make payments?
When do payments start?
When do payments end?
Fees
What types of fees do students pay?
What type of interest do
you charge?
Default
What is the default rate on loan payments?
What do you do when students don’t make
payments?
Challenges
What are other challenges schools
should consider when they set up their loan
programs?
Getting Started
How might schools get started setting up in-
house loan programs?
Thank You!
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