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How does NSLP prevent loan defaults?

April 26, 2017defaults loan NSLP

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How does NSLP prevent loan defaults?

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NSLP offers a variety of products and services to prevent defaults. These “tools” support and complement default prevention activities by lenders, servicers, and schools. From providing pre-borrowing information, resources, and counseling through repayment of the loan, NSLP offers default prevention assistance that goes above and beyond the minimum federal requirements.