Jackson State University has been awarded a certificate of excellence from USA Funds for achieving a reduction in its federal student loan default rate.
Rates are reported by the U.S. Department of Education, and Jackson State ‘s most recent rate improved to 12.7 percent from 14.9 percent for the previous period.
Jackson State integrates USA Funds Borrower Connect solutions to provide outreach and counseling to student loan borrowers to help more former students successfully repay their loans.
Dana Brown, interim vice president for business and finance said, “We are pleased that our focus on student success has resulted in such positive outcomes for our borrowers. This lower default rate reflects on Jackson State University’s reputation for high quality, preserves our ability to support students with federal aid and translates into tangible savings to our former students as well as to U.S. taxpayers who ultimately pay the costs of student loan defaults.” 
“We are pleased to partner with Jackson State and contribute to its default prevention success,” said Craig P. Anderson, USA Funds senior vice president, business development. “With our comprehensive suite of solutions, we can support and significantly enhance schools’ default prevention efforts.”
USA Funds is a national nonprofit organization that provides student loan repayment to colleges and universities in keeping with its mission to enhance postsecondary education preparedness, access and success.
For more information, visit www.usafunds.org.