:: What's New? ::
Ready Set Repay Offers New Videos
Ready Set Repay, the default prevention initiative of the Oklahoma College Assistance Program (OCAP), strives to help student loan borrowers make smart borrowing decisions and successfully repay their student loans. We receive a lot of questions about paying for school and repaying student loans, so we've developed and updated videos answering some of our most frequently asked questions:
- Student Loan Repayment Plan Options
- I'm in School and Need Money to Pay for It, What Now?
- How Much Do I Owe On My Student Loans?
- I've Missed Some Student Loan Payments, Can I Get Back on Track?
These short videos outline specific steps to address these common issues. The videos are available on OCAP’s YouTube Channel and on the Videos page at ReadySetRepay.org. Feel free to share these videos or link to them from your website.
New Poster on Interest Capitalization of Student Loans
Ready Set Repay, the default prevention initiative of the Oklahoma College Assistance Program (OCAP), is pleased to share our latest tool for financial aid partners: our new Interest Capitalization poster!
As part of OCAP’s continuing mission to help you teach students across the state how to make smart borrowing decisions and successfully repay their student loans, we are constantly developing new educational materials. Our latest poster focuses on the long-term benefits to students of making interest payments toward student loans while still in college.
Unauthorized Use of Institutional Branding
The unauthorized use of instutional logos, seals, names and other trademarks is a growing trend. Often, third party companies using such trademarks without authorization target student loan borrowers for payment for services that would otherwise be free. The Department of Education (ED) recently issued two cease and desist letters to third-party "debt-relief" companies that were using ED's official seal without authorization.