In-House Loans—Should We or Shouldn’t We?
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Transcript of In-House Loans—Should We or Shouldn’t We?
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In-House Loans—
Should We or
Shouldn’t We?
![Page 2: In-House Loans—Should We or Shouldn’t We?](https://reader036.fdocuments.us/reader036/viewer/2022062310/568160cb550346895dcffd6e/html5/thumbnails/2.jpg)
Panelists: Roger Patrizio Michael McGillicuddyRay Siderius
Panel Moderator: Paul Stone
PANEL INTRODUCTIONS
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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?
![Page 4: In-House Loans—Should We or Shouldn’t We?](https://reader036.fdocuments.us/reader036/viewer/2022062310/568160cb550346895dcffd6e/html5/thumbnails/4.jpg)
Program Use
What percentage of your student population
uses your in-house program?
![Page 5: In-House Loans—Should We or Shouldn’t We?](https://reader036.fdocuments.us/reader036/viewer/2022062310/568160cb550346895dcffd6e/html5/thumbnails/5.jpg)
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?
![Page 6: In-House Loans—Should We or Shouldn’t We?](https://reader036.fdocuments.us/reader036/viewer/2022062310/568160cb550346895dcffd6e/html5/thumbnails/6.jpg)
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?
![Page 7: In-House Loans—Should We or Shouldn’t We?](https://reader036.fdocuments.us/reader036/viewer/2022062310/568160cb550346895dcffd6e/html5/thumbnails/7.jpg)
Fees
What types of fees do students pay?
What type of interest do
you charge?
![Page 8: In-House Loans—Should We or Shouldn’t We?](https://reader036.fdocuments.us/reader036/viewer/2022062310/568160cb550346895dcffd6e/html5/thumbnails/8.jpg)
Default
What is the default rate on loan payments?
What do you do when students don’t make
payments?
![Page 9: In-House Loans—Should We or Shouldn’t We?](https://reader036.fdocuments.us/reader036/viewer/2022062310/568160cb550346895dcffd6e/html5/thumbnails/9.jpg)
Challenges
What are other challenges schools
should consider when they set up their loan
programs?
![Page 10: In-House Loans—Should We or Shouldn’t We?](https://reader036.fdocuments.us/reader036/viewer/2022062310/568160cb550346895dcffd6e/html5/thumbnails/10.jpg)
Getting Started
How might schools get started setting up in-
house loan programs?
![Page 11: In-House Loans—Should We or Shouldn’t We?](https://reader036.fdocuments.us/reader036/viewer/2022062310/568160cb550346895dcffd6e/html5/thumbnails/11.jpg)
In-House Loans—
Should We or
Shouldn’t We?
![Page 12: In-House Loans—Should We or Shouldn’t We?](https://reader036.fdocuments.us/reader036/viewer/2022062310/568160cb550346895dcffd6e/html5/thumbnails/12.jpg)
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?
![Page 13: In-House Loans—Should We or Shouldn’t We?](https://reader036.fdocuments.us/reader036/viewer/2022062310/568160cb550346895dcffd6e/html5/thumbnails/13.jpg)
Program Use
What percentage of your student population
uses your in-house program?
![Page 14: In-House Loans—Should We or Shouldn’t We?](https://reader036.fdocuments.us/reader036/viewer/2022062310/568160cb550346895dcffd6e/html5/thumbnails/14.jpg)
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?
![Page 15: In-House Loans—Should We or Shouldn’t We?](https://reader036.fdocuments.us/reader036/viewer/2022062310/568160cb550346895dcffd6e/html5/thumbnails/15.jpg)
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?
![Page 16: In-House Loans—Should We or Shouldn’t We?](https://reader036.fdocuments.us/reader036/viewer/2022062310/568160cb550346895dcffd6e/html5/thumbnails/16.jpg)
Fees
What types of fees do students pay?
What type of interest do
you charge?
![Page 17: In-House Loans—Should We or Shouldn’t We?](https://reader036.fdocuments.us/reader036/viewer/2022062310/568160cb550346895dcffd6e/html5/thumbnails/17.jpg)
Default
What is the default rate on loan payments?
What do you do when students don’t make
payments?
![Page 18: In-House Loans—Should We or Shouldn’t We?](https://reader036.fdocuments.us/reader036/viewer/2022062310/568160cb550346895dcffd6e/html5/thumbnails/18.jpg)
Challenges
What are other challenges schools
should consider when they set up their loan
programs?
![Page 19: In-House Loans—Should We or Shouldn’t We?](https://reader036.fdocuments.us/reader036/viewer/2022062310/568160cb550346895dcffd6e/html5/thumbnails/19.jpg)
Getting Started
How might schools get started setting up in-
house loan programs?
![Page 20: In-House Loans—Should We or Shouldn’t We?](https://reader036.fdocuments.us/reader036/viewer/2022062310/568160cb550346895dcffd6e/html5/thumbnails/20.jpg)
In-House Loans—
Should We or
Shouldn’t We?
![Page 21: In-House Loans—Should We or Shouldn’t We?](https://reader036.fdocuments.us/reader036/viewer/2022062310/568160cb550346895dcffd6e/html5/thumbnails/21.jpg)
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?
![Page 22: In-House Loans—Should We or Shouldn’t We?](https://reader036.fdocuments.us/reader036/viewer/2022062310/568160cb550346895dcffd6e/html5/thumbnails/22.jpg)
Program Use
What percentage of your student population
uses your in-house program?
![Page 23: In-House Loans—Should We or Shouldn’t We?](https://reader036.fdocuments.us/reader036/viewer/2022062310/568160cb550346895dcffd6e/html5/thumbnails/23.jpg)
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?
![Page 24: In-House Loans—Should We or Shouldn’t We?](https://reader036.fdocuments.us/reader036/viewer/2022062310/568160cb550346895dcffd6e/html5/thumbnails/24.jpg)
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?
![Page 25: In-House Loans—Should We or Shouldn’t We?](https://reader036.fdocuments.us/reader036/viewer/2022062310/568160cb550346895dcffd6e/html5/thumbnails/25.jpg)
Fees
What types of fees do students pay?
What type of interest do
you charge?
![Page 26: In-House Loans—Should We or Shouldn’t We?](https://reader036.fdocuments.us/reader036/viewer/2022062310/568160cb550346895dcffd6e/html5/thumbnails/26.jpg)
Default
What is the default rate on loan payments?
What do you do when students don’t make
payments?
![Page 27: In-House Loans—Should We or Shouldn’t We?](https://reader036.fdocuments.us/reader036/viewer/2022062310/568160cb550346895dcffd6e/html5/thumbnails/27.jpg)
Challenges
What are other challenges schools
should consider when they set up their loan
programs?
![Page 28: In-House Loans—Should We or Shouldn’t We?](https://reader036.fdocuments.us/reader036/viewer/2022062310/568160cb550346895dcffd6e/html5/thumbnails/28.jpg)
Getting Started
How might schools get started setting up in-
house loan programs?
![Page 29: In-House Loans—Should We or Shouldn’t We?](https://reader036.fdocuments.us/reader036/viewer/2022062310/568160cb550346895dcffd6e/html5/thumbnails/29.jpg)
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