Repayment Wellness

Loan Summary Increasing awareness to improve borrowing behaviors. Loan Summary provides just the nudge your students need, at just the right time, to make informed borrowing decisions. Bridging the gap between entrance and exit counseling, Loan Summary helps students understand the connection between current borrowing and future outcomes. Promotes Positive Contact with Financial Aid Offices More informed students know when to reach out, meaning more opportunities to offer support throughout the student lifecycle. Whether it’s identifying issues or providing a stronger sense of attachment to the institution, the effect is a positive impact on student persistence. Boosts Course Completion and Retention Students that are in control of their financial futures can better manage their other priorities which leads to increased course and credit completion, overall persistence, and, interestingly, an increase in Grade Point Average – all contributing to greater retention rates and degree attainment, a positive for students and institutional revenue. Improves Borrowing Behaviors When used in conjunction with financial education, students leave school with more manageable levels of debt and a sense of empowerment to build financial wellness. For schools, this can contribute to future outcomes like improved Cohort Default Rates. Fulfills State-to-State Regulatory Requirements Loan Summary satisfies state reporting requirements where laws have been passed requiring borrower communication.

A Secure Solution We’re dedicated to protecting the security of all data and the privacy of student borrowers. All contacts and communication are monitored for accuracy, service, and compliance. A secure website is used for uploading data and reviewing reports. Inceptia is a TECH LOCK ® Certified: Service Provider. Tech Lock Incorporated, a nationally recognized data security and regulatory compliance firm, has awarded its certification to NSLP for compliance with FIPS 200 (MinimumSecurity Requirements for Federal Information and Information Systems) and FISMA NIST SP800-53 rev 4 (Recommended Security Controls for Federal Information Systems).

Talk to Us To learn more about the full capabilities of our Repayment Wellness Solutions, contact your business development representative, call 888.529.2028 or visit inceptia.org .

We uncomplicate financial aid. Inceptia is a nonprofit organization committed to innovative, effective and uncomplicated solutions for verification, financial aid management, smart borrowing, repayment wellness and financial education.

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