Eastern International College (EIC), with campuses in Jersey City and Belleville, educate its students
in more than just its health care programs: It teaches them about the
importance of repaying their student loans.
Eastern International College's team says that the key to ensuring
that students do not default on their loans is to build good rapport with
the students so that they want to pay their loans back because they received
a good educational experience.Eastern International College's official
3-year 2013 cohort default rate is low 2%.
A default manager,the financial aid department and the registrar's
offices in both Jersey City and Belleville work to assure that this number
is as low as possible. The draft default The federal government is satisfied
if the default rate is under 14 percent, but EIC's rates fall well
under that and keeps dropping. The draft 3- year 2014 default cohort rate
which would be the latest one is 0.0%. It is a group effort.
In addition to providing an education, EIC stresses the importance of student
loan repayment from the beginning of school, counseling students starting
in orientation. Students receive a comprehensive breakdown of the loan
repayment process and address any concerns they may have before they start
Securing a job after graduation surely helps keep the default rate down,
when students have a job, they are more motivated to make their payments
and more importantly, to keep their credit high and bills paid because
they have long-term financial and life goals they wish to achieve, states
Eastern International College makes every effort to assist each graduate
in obtaining gainful employment. Students are required to meet with the
career services director before graduation and once they meet their graduation
requirements, an interview and appointment with Career Services is organized.
The combination of students being continually informed about student loan
repayment, the school's hands-on Career Services department, and the
rapidly growing health care field all work to make Eastern International
College's cohort default rate one of the lowest in the region.