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This profile was last updated on 7/16/14  and contains information from public web pages and contributions from the ZoomInfo community.

Vice President, Information Secur...

Local Address: Indianapolis, Indiana, United States
Sallie Mae Inc
12061 Bluemont Way
Reston, Virginia 20190
United States

Company Description: SLM Corporation, known as Sallie Mae, is engaged in the business of originating, servicing and collecting student loans and/or their parents to finance the cost of...   more
Background

Employment History

Web References
Evanta : CISO : Summits : Indianapolis
www.evanta.com, 17 June 2014 [cached]
Karen Delozier VP, IT Risk Management & Compliance Sallie Mae, Inc.
Schools: Newsletters: FAActsheet Online: March 2000
www.salliemae.com, 1 Mar 2000 [cached]
"This record-low rate reflects the industry's commitment to helping borrowers better manage their student loan debt," said Karen Delozier, director at Sallie Mae's Kansas Loan Servicing Center."While several flexible loan repayment plans are available to borrowers, Sallie Mae understands that they sometimes experience financial difficulty.That's why our representatives are trained to assist borrowers with delinquent accounts and prevent them from defaulting on their loans."
In fact, Sallie Mae designated the Kansas location as its Default Management Center, where it focuses on reducing delinquencies, improving skip-tracing and ultimately preventing defaults.The company has made notable progress.In 1998, Sallie Mae's cohort default rate fell to 6.6 percent-25 percent lower than the 1997 national rate (latest available figure).
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"We have proven default management strategies and will continue to work with our borrowers and school partners to further reduce defaults," Delozier added.
Efforts to resolve delinquent accounts include calling or writing borrowers to notify them of their account status, offering alternative payment plans that accommodate their financial situation, recommending deferment or forbearance of loan payments, or offering immediate payment options such as Western Union® wire transfer or Speed Pay.
Sallie Mae also developed A Guide to Default Prevention to help schools improve their financial aid counseling and default prevention services.This campus-based guide recommends strategies schools can implement to help student loan borrowers stay up-to-date with loan repayment, and includes options institutions can offer borrowers who encounter difficulties.The Guide also contains several default aversion services Sallie Mae and its lending partners can provide institutions with high default rates.
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"Our successful default prevention efforts have helped put borrowers on track to healthy financial futures," Delozier continued."As the nation's leading provider of education funding, we realize the importance of working with students to first help them realize their higher education dreams, then make sound debt management decisions."
Please contact your HigherEd account executive, or Karen Delozier at 785/865-7162 for additional information about Sallie Mae default management initiatives or to request A Guide to Default Prevention.
Online bidding lets students decide the price of college tuition
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