At this time 1 out of every 5 students are defaulting on their student loan (national average). To help combat this, and to help us meet new federal regulations, Snow College is asking all students who want a loan to complete a default prevention program.
To complete the Default Prevention Program, each student who accepts a loan in badgerweb, will be enrolled in a free on-line Canvas class that you'll find at www.snow.edu/online. The class does not have very many requirements and shouldn't take too long to complete. After you complete this class you'll be better informed about your loan repayment options.
If you think you might need a loan sometime during the year, take the class now. We will award you a loan and you can decide to accept or decline it with the rest of your financial aid award. The class will also have good resources that you can access as you plan out the amount of student loans you will accept.