Members of the Association recognize that one of the purposes of the Association is to provide training and informational services to its members through training conferences and periodic written and electronic material. While the Association shall utilize its best efforts to provide its members with the most current information available, there can be no assurances or warranty that any such information provided to the members is correct or has not been superseded or that more current information is not available. Furthermore, the Association can give no assurances or warranty that its interpretation of any rule, regulation, or statute will be in conformance with any present or future interpretation of such rule, regulation or statute by any appropriate governmental authority. Accordingly, each member shall hold the Association harmless from any claims, damages, or liability resulting from such member’s use of any information, data, or interpretations as provided to such member by the Association.
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Private student lending has grown exponentially in the last few years as the need gap has grown. This session will address the common concerns and misconceptions that schools may have regarding creating a list of pre-screened private student loan lenders. Students often rely solely on internet searches to make the important decision of which loan is best for them. The session will: Explain why it is important for FA Offices to assist students with this important decision, discuss tools FA Offices can use to pre-screen lenders, provide information on tools for application, lender choice and ensure schools remain in compliance when assisting students in choosing a lender (ELM, Scholarnet, etc.), address the questions most often asked by schools during RFI process of screening lenders for their list
