Great Lakes

Annual Financial Wellness Campaign Continues to Engage In-School Borrowers

January 30, 2018

Four times a year, Great Lakes engages its in-school borrowers with an annual email campaign to promote financial wellness and a better understanding of student loans and debt. Helping in-school borrowers achieve financial success is vital for Great Lakes—especially since 69% of college students feel stressed about their personal finances.*

Are you making the right moves to reduce your student loan debt? Learn six ways to reduce what you owe! As your student loan servicer, Great Lakes is here to help you make smart decisions about your student loans.

February 2018 email to in-school borrowers: Top 6 Ways to Reduce What You Owe

We carefully selected the following Knowledge Center topics to send to approximately 2 million in-school borrowers throughout the next year, to enhance their understanding of loan servicing, help them reduce their debt, and prepare them for successful repayment.

  • Later this month, we're promoting Top 6 Ways to Reduce What You Owe our compelling eight-bit wizard will explore some of the most effective ways for borrowers to reduce their debt.
  • In May 2018, Know Your Federal Student Loan Repayment Options will explain how students can keep track of what they owe, different repayment plans that may be available, and options to explore if they face financial struggles.
  • August 2018 will feature Create Your Student Loan Repayment Strategy—a topic that provides an overview of situations a borrower might find themselves in (can't afford payments, too many payments, etc.), and repayment options that might work best in each unique situation.
  • In October 2018, borrowers will receive FAFSA to Loan—Why Great Lakes Is Your Servicer, explaining what a loan servicer is and why Great Lakes is communicating with the borrower.

Great Lakes is committed to seeing our borrowers succeed in repayment. By proactively engaging with them and offering useful resources throughout the loan process, we hope to demonstrate this commitment to them.

* The Ohio State University, Study on Collegiate Financial Wellness, 2017

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