Wednesday, March 27, 2014
Howard University has partnered with the nonprofit organization American Student Assistance (ASA) to provide access to SALT; a program that offers free of charge educational debt management advice and financial literacy to current students (undergraduate/graduate/Professional) and alumni.
"Financial literacy and debt management education are important skills for all prospective as well as current students and alumni,” said Howard University Interim President Wayne A.I. Frederick, M.D., MBA. “Financing one’s education requires careful planning and understanding of the true cost of loans, repayment terms, and the fine print so students and their families can make smart decisions.”
SALT provides interactive money management tools and resources, personalized tracking of all federal and private student loans, advice from financial counselors, assistance with resolving complex student loan-related problems, and access to thousands of jobs, scholarship opportunities by major as well as internships.
American Student Assistance; a 56-year-old nonprofit, launched SALT in December 2011. Previous ASA programs have demonstrated that students provided with proactive, customized and targeted communication are far less likely to fail in loan repayment.
This past October, SALT Ambassadors assisted students with activation opportunities in the various dorms and throughout campus. RSVP point were even offered for those students who lived on campus as an incentive associated with their activation.
As always, we encourage all of our current students and alumni to stay up to date on our most recent scholarship opportunities and pertinent loan repayment information by liking us on Facebook at Howard University Office of Financial Aid and following us on twitter @HU_FinancialAid.
For more information, please visit SaltMoney.org
Sincerely,
Howard University Office of Financial Aid