student handbook - Baton Rouge Community College

that borrowers thoroughly understand all information. The collegecollects as much contact information about borrowers as possibleduring entrance counseling to facilitate future contact if needed.These activities will help make students moreknowledgeable and responsible borrowers, andwill result in fewer defaulters as well.Financial Literacy for BorrowersBRCC provides borrowers with informationconcerning the income potential of occupationsrelevant to their course of study, counselingat various stages of enrollment, interactivetools to manage debt, repayment options,and school contact information. BRCC offersthis information through a variety of media such as video counseling,college success skills classes, publications, e-tutorials, electronicnewsletters to email accounts, insertion of information in award letters,or a combination of these methods. BRCC does not allow credit cardcompanies on the campus. We also provide borrowers with entrancecounseling material and the following resources, at minimum, atenrollment and following graduation or withdrawal:• Estimate of required monthly payments on the borrower’s loan balance,• Loan servicer contact information,• Contact information for delinquency and default preventionassistance on campus,• Introduction to NSLDS for Students,• Repaying Your Student Loans publication.Early Identification and Counseling for Students at-RiskStudents at-risk are generally considered to be borrowers whowithdraw prematurely from their educational programs, borrowerswho do not meet standards of satisfactory academic progress, or both.BRCC identifies and counsels at-risk borrowers, focusing on the causesof withdrawal or unsatisfactory academic progress and solutions toresolve these matters. The end result of working with at-risk studentswill be more borrowers completing their educational programs,equating to a higher retention rate for the school and lower numbers ofdefaulted borrowers.88