ILASFAA Leaves of Change: Harvesting New Ideas 20152015 The Game of Life.

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Presentation transcript:

ILASFAA Leaves of Change: Harvesting New Ideas The Game of Life

ILASFAA Leaves of Change: Harvesting New Ideas This event is modeled after the Reality Store event that ILASFAA does each year. Elgin Community College took this event, and modified it for their students. Waubonsee liked the event so much that we now do it twice a year.

ILASFAA Leaves of Change: Harvesting New Ideas PURPOSE The purpose of this event is to help our students understand the reality of life once they have completed their education. To make our students aware of how loans and repayment can affect their lives depending on the total amount borrowed.

ILASFAA Leaves of Change: Harvesting New Ideas STATIONS Check In (Budget Worksheet) Choose a Career Taxes Student Loans Housing and Transportation Food and Clothing Wheel of Life Extras/Wants and Check Out Resource Table

ILASFAA Leaves of Change: Harvesting New Ideas In 2013 WCC’s Financial Aid Office formed a Default Prevention Group We have decreased our borrowers by 260 and total loans by $900,000 since this group has been in place. Our default rate has decreased from 18% FY11 to 13.2% FY13 (projected).

ILASFAA Leaves of Change: Harvesting New Ideas Contact Information Keith Turner (630)