Default Aversion Unit
At Pellissippi State Community College, the Default Aversion Unit (DAU) has one focus: to assist students who have federal student loans avoid delinquency and the consequences of default. Our mission is to provide students with information to better understand loan basics, repayment options, and financial literacy. Don’t know when your loan will become due? Worried that you cannot make your next monthly payment? Don’t know who to contact? The DAU team can provide you with servicer contact information, help you determine the next step, and if necessary, work with your loan servicer. Whether you are a current student with a concern or question about loan repayment or you are a former student experiencing some difficulties repaying your loan, WE CAN HELP YOU!
Financial Literacy Webinars
We are pleased to be partnering with Nelnet to host a variety of webinars on financial basics each Monday. During these webinars, Nelnet makes it easy to understand the basics so students can make the best decisions for their financial future. For information on session topics for this month visit Nelnet.com/MoneyMondays
What: A brief 40 minute webinar
When: Mondays at 2:00 pm or 4:30 pm (Eastern)
How to Join: Click on a session link above to register
The Placement Office serves our Pellissippi State students and the community through access to employment opportunities and preparing students for entering the workforce. We strive to bring our graduates and co-op students together with employers in order to meet the needs of each. http://www.pstcc.edu/placement/index.php
The Tennessee Department of Labor and Workforce Development is proud to roll out its Career Coaches...mobile center with services similar to what you might find in a Tennessee Career Center. These vehicles will arrive on the scene to provide a mobile computer lab and Internet access; create a venue for workshops including resume assistance and interviewing skills; and serve as a recruitment center for companies moving into our state. To check when the Career Coach will be in your area go to www.getonthecoach.tn.gov. For more Tennessee Career information and job search log on to Jobs4tn.gov.
Repayment: What to Expect
Are you unsure about the loan repayment process or wondering when you need to begin making loan payments? Check out this video to learn about what to expect when your federal student loan enters repayment. Visit StudentAid.gov/repay to learn more.
Income-Driven Repayment Plans...Is One Right for You?
Every borrower’s situation is unique, and in some situations, a standard federal student loan repayment plan isn’t the best option. Income-driven repayment plans can help borrower’s lower their payments based on income, family size, and student loan balance. They can also help prevent delinquency and default. Click here to view the different repayment options available.
Even if Nelnet is not your loan servicer, they have created a step-by-step guide on how to apply for income-driven repayments plans on the Federal Student Aid’s website. Click here to download the guide and get started on the road to repayment success!
Successfully Managing Your Student Loans
This site is your source for information from the U.S. Department of Education about how to manage your student loans. It provides the following information:
- Complete Counseling
- Complete Master Promissory Note
- Request a Direct PLUS Loan
- Complete Direct Consolidation Loan Application and Promissory Note
- Complete IBR/Pay As You Earn/ICR Repayment Plan Request
- Repayment Estimator – This tool uses your loan information from National Student Loan Data System (NSLDS) to estimate
- initial monthly payments
- repayment plan eligibility
- repayment plan cost comparison
- total interest paid
How to Qualify for Public Service Loan Forgiveness
Resume Writing and Maximizing a Career Fair
Are you struggling to create the perfect resume to land your dream job? Uncertain about how to approach a career fair? Does the thought of an interview leave you speechless? If the answer is yes, then checkout this video presented by PSCC’s Career Placement office designed to help students prepare for that all important job search. http://sms.pstcc.edu/ets/courses/ADV2500/3-3-2014.html
Here are the most frequent questions we are asked. If you have a question, please do not hesitate to contact us using the information below.
For more information, please visit our Financial Literacy section.