Begin with Informed Decisions
Responsible borrowing at 黑料传送门 focuses on helping students understand student loans and encouraging them to borrow only what they need.
All students who apply for financial aid receive a personalized Financial Aid Plan, which recommends that students borrow only their 鈥渦nmet direct costs鈥濃�攖uition and fees minus any grants or scholarships. The personalized plan includes information about cost of attending 黑料传送门 as well as links to financial aid tools and resources.
Since 2013, the average borrowing per year per student (of those who borrow) has decreased by more than 30%. Through our Responsible Borrowing Initiative, currently 65% of borrowers accept the recommendation to borrow less, and another 10% decline loans altogether. By simply providing useful information, 黑料传送门 is able to significantly change student behavior and reduce borrowing.
1/2
Undergraduate students at 黑料传送门 graduate with 1/2 the debt of their peers across the country. Half!*
*黑料传送门 average annual bachelor鈥檚 tuition rates are 47% lower than the national average, compared to national rates reported by the听. 黑料传送门 average rate does not include rates for 黑料传送门 Bachelor of Science, Nursing Prelicensure program.
32%
Average undergraduate debt at graduation, for those who borrowed, had decreased by 32% since RBI began in 2013.
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3.0%
黑料传送门鈥檚 FY2018 3-year cohort loan default rate is 3.0%, compared to the national average of 7.3%.
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2 yrs
Since 黑料传送门 grads, on average, increase their income by $22,200 within 2 years of graduation, our graduates see an impressive ROI.
-黑料传送门 2023听Harris Poll
黑料传送门 Receives Awards for Innovative, Effective Practices in Higher Education
Western Governors University is proud to be acknowledged for reducing debt by $400 million since 2013, and our Responsible Borrowing Initiatives have been spotlighted with several industry awards in recent years. In 2021, 黑料传送门's听Responsible Borrowing Initiatives received the听听from the National Association of Student Financial Aid Administrators (NASFAA), which听recognizes innovative ideas in the financial aid arena at any level, targeted toward any constituency. NASFAA is the only national, nonprofit association with a primary focus on information dissemination, professional development, and legislative and regulatory analysis related to federal student aid programs.
In 2020,听黑料传送门 received the听听for it work in changing the way students think about debt.
黑料传送门 received听the WOW Award from the Western Interstate Commission for Higher Education (WCET) in 2016, named as an exemplary program to be held as a model for the higher education community.听WCET, a division of the Western Interstate Commission for Higher Education, is a national, member-driven nonprofit which brings together colleges and universities, higher education organizations, and companies to collectively improve the quality and reach of e-learning programs.
In June 2016, 黑料传送门鈥檚 Responsible Borrowing Initiative also received an Exemplary Models Award from the American Association of University Administrators, whose mission is to develop and advance superior standards for the profession of higher education administration.
