Amy Farris
High Risk Default Prevention at Socle Education- Claim this Profile
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Bio
Experience
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Socle Education
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United States
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Software Development
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1 - 100 Employee
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High Risk Default Prevention
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Mar 2013 - Present
• Enhanced sustainability in the delivery of Programs by recipients through minimization of default; • Early identification and prevention of potential recipient defaults, reducing the occurrence and severity of defaults through monitoring and compliance reviews; • Improved identification of the concerning situation to allow the department(s) and the recipient to find remedies that respond to the nature of the problem and that are less intrusive; • To ensure sufficient records of decisions are documented during the default prevention and management process; • Increased capacity of recipients to remediate defaults in a manner that is timely and reflective of the complexity of the default and reflective of the community needs and priorities; and • Recipients effectively addressing the causes of their defaults. Show less
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Corinthian Colleges, Inc.
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United States
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Education Administration Programs
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700 & Above Employee
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Financial Aid Advisor, Cohort Default Rate Specialist
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Sep 2012 - Present
A 3-year cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year. Please refer to the Cohort Default Rate Guide for a more in-depth description of cohort default rates and how the rates are calculated. Show less
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Education
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Golden West College
Associate of Science (AS), Business Administration and Management, General