MOHELA

MOHELA's Foundation Reminds Missouri College Students of May 15 Application Deadline for its College Scholarship Program

Retrieved on: 
火曜日, 5月 7, 2024

The Purdy Emerging Leaders Scholarship Program was established by MOHELA's Foundation to provide scholarships to outstanding students on Missouri college campuses who demonstrate academic excellence, leadership, and character, and who require additional funding for higher education.

Key Points: 
  • The Purdy Emerging Leaders Scholarship Program was established by MOHELA's Foundation to provide scholarships to outstanding students on Missouri college campuses who demonstrate academic excellence, leadership, and character, and who require additional funding for higher education.
  • It is a private scholarship available to Missouri college students with an award of up to $5,000 per academic year.
  • Student applicants interested in applying for The Purdy Emerging Leaders Scholarship Program must submit their applications by May 15, 2024.
  • The Missouri Scholarship & Loan Foundation was established by MOHELA in 2010 to enhance accessibility and affordability of higher education for Missouri families.

MOHELA Awarded Top Workplace by USA Today for its Culture, Care, and Commitment to Borrowers

Retrieved on: 
木曜日, 4月 25, 2024

ST. LOUIS, April 25, 2024 /PRNewswire/ -- MOHELA, a non-profit organization dedicated to helping the student loan borrowers it serves, has been awarded a 2024 Top Workplace by USA Today.

Key Points: 
  • ST. LOUIS, April 25, 2024 /PRNewswire/ -- MOHELA, a non-profit organization dedicated to helping the student loan borrowers it serves, has been awarded a 2024 Top Workplace by USA Today.
  • The prestigious award from USA Today recognizes MOHELA's commitment to fostering an inclusive work culture, making a positive impact in the communities they serve, and fulfilling its mission of care for their employees and borrowers.
  • "We are proud to be recognized as one of the nation's Top Workplaces," said Scott Giles, MOHELA's Executive Director and CEO.
  • The Top Workplaces USA awards recognize organizations with 150 or more employees for fostering strong workplace cultures.

Navient announces strategic actions following in-depth business review

Retrieved on: 
火曜日, 1月 30, 2024

The strategic actions include outsourcing the servicing of its student loan portfolio to a third party; exploring strategic options for its business processing division—including potential divestment; and streamlining the company’s corporate functions to align with a simplified business model.

Key Points: 
  • The strategic actions include outsourcing the servicing of its student loan portfolio to a third party; exploring strategic options for its business processing division—including potential divestment; and streamlining the company’s corporate functions to align with a simplified business model.
  • “After a thorough review, we are announcing targeted actions intended to simplify our business, reduce our expense base, and increase our financial and operating flexibility,” said David Yowan, president and CEO of Navient.
  • In addition, Navient has launched a process to explore a range of value-creating options for its business processing division.
  • ET to provide in-depth commentary on results of the business review and discuss its financial results.