Money Education (ME) Center FACTS & FIGURES 2016-2017
[Pages:1]Money Education (ME) Center
FACTS & FIGURES 2016-2017
With the support of the Office of the Provost, Scholarships & Financial Aid opened the ME Center in August 2016
to educate and empower Aggies to make smarter financial decisions during college and lay a foundation of financial
9,189*
success for a lifetime.
total customer contacts
Number of Attendees, by Event
6,187* event attendees
1,104*
walk-ins and appointments
1,847
students received online counseling
Car Maintenance
Scholarships & Financial Aid
Identity Theft Love & Money
Buying a Car Eating on a Budget
Buying a Home
I'm Graduating: Now What? Credit Cards & Credit Scores
Annual Loan Counseling Saving & Investing
Marketing
Multiple Topics Student Loans Resource Table Money Management
51
delinquent borrowers reached
Annual Loan Counseling The ME Center oversaw the Univeresity's involvement in the Department of Education's Loan Counseling Experiment, which required selected students to complete additional loan counseling prior to the disbursement of their
federal student loans.
0
500 1000 1500 2000 2500
Delinquent Borrower Outreach
ME Center advisors proactively reached out to delinquent federal student loan borrowers during the 2016-2017 academic year. Texas A&M's Official Cohort Default Rate dropped from 4.1% to 2.3% for FY 2014.
15% 10%
COHORT DEFAULT RATE
10.4%* 11.5%*
Top 5 Appointment Topics
300
Annual Loan Counseling
250
Student Loans
200
Money Management
150
Investing
5% 2.3%*
A&M STATE
*U.S. Department of Education
NATION
"The Money Education Center is the most valuable resource available on campus. Whether you are experienced with personal finance or just starting to learn more; the team will work with you to educate, advise, and help you meet your goals. I can't thank them enough for all of the guidance they have given me." -Nathan B, Engineering Graduate Student
100
Paying for College
50
0
"The Money Education Center has had a powerful impact on our program. Their knowledge, willingness to share, and enthusiasm has positively affected our students. We are so thankful to have the MEC contribute to our program." -Dr. Karen Cornell, Associate Dean for the
College of Veterinary Medicine & Biomedical Sciences
*Unique students with multiple ME Center contacts are duplicated in these figures.
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