Newspapers / Elizabeth City State University … / March 26, 2001, edition 1 / Page 10
Part of Elizabeth City State University Student Newspaper / About this page
This page has errors
The date, title, or page description is wrong
This page has harmful content
This page contains sensitive or offensive material
10 Monday, March 26, 2001 THE COMPASS New Marketing Plan Underway Stacy Brock The Secret Behind Student Loans b_stacy@mailexcite.com A comprehensive marketing plan is imderway by the office of Public Rela tions to better market Elizabeth City State University and recruit prospec tive students. Director of University Relations, Ms. Marsha McLean, Vice Chancellor for Student Af fairs, Dr. Deborah Fontaine, student representatives and alumni make up the committee that will decide how the University should be marketed. During the first meeting, which was held Thursday, Feb. 15, the committee discussed new logos, tag lines and mar keting messages. The committee was presented with 14 logo designs created by artists solicited by the University. TTie committee was also presented with thirty and sixty-second marketing mes sages, which they were asked to re view and modify. The messages will be used in print, advertisements. Uni versity publications and on the University's radio and television, sta tions. Both messages explained the University's academic and social ben efits and the University community. The University's enrollment has slightly increased, but in an effort to maintain its enrollment requirements, McLean said the University is imple menting a more strategic marketing plan. "We are developing a compre hensive market ing plan for the Univer sity and includ ing stu dents is an important step for how to know how to communicate with fu ture students that will attend ECSU," said McLean. ECSU junior, Bernard Bailey, at tended the meeting. Bailey said that he feels that the marketing plan will be effective. "I believe the comments dis cussed here will enable the University to recruit future students. I've talked with students at home and have sparked their interest by discussing some of the benefits we've discussed here," said Bailey. The committee will resume late March or early April to finalize the University's logo, tag line and market ing message. Elizabeth A. Martins bondgirl69@collegeclub.com There are four basic types of student aid for students who qualify for United States Department of Education fed eral student aid programs. Grants and scholarships are funds that do not have to be repaid, work-study is money that is earned by the student. And loans are funds that are borrowed by the stu dent that must be repaid. Many students accept and pay for their education with loans. However, though student loans help students to meet their financial obligations to the Uruversity, student loans can become a financial burden because as with all loans, student loans must be repaid with interest in a specified amount of time. At Elizabeth City State University, dependent students can borrow up to $5,500 a year and independent students can borrow up to $10,500 depending on their grade point average and clas sification. Students who are enrolled at least half time status are not required to begin repaying a loan until nine months after they graduate. However, though a rest period is provided, inter est is applied to the students account, which means that a student who bor rows up to $5,000 a year for the four years they are erurolled will owe about $22,000 by the time they begin repay ing their loan. Students who find that they are un able to repay a loan within the amount of time can request a deferment or for bearance on the loan, which means that the loan will not have to be repaid dur ing a specified amount of time. But students who fail to make any pay ment on a loan jeopardize their finan cial future. Failure to repay student loans may result in collection costs, in cluding but not limited to attorney's fees, court costs and other fees, a bad credit record and the inability to ob tain employment because the Depart ment of Education sends school data to the Federal Government. Loans are financially helpful but can become financially burdensome. Ms. Brumsey, a financial advisor in the Fi nancial Aid office, advises students who really need loans to keep track of how much they borrow from the gov ernment for school. "Keep good records and keep up with payments and work with the federal government to pay of loans." Bnmisey also advises students not to take out loans unless they abso lutely need them. "When you sign a promissory note to repay a loan, you become the guarantor of the loan; there fore you are responsible for paying back any money you borrow. If you don't need a loan, don't sign for a loan," said Brumsey. Brumsey concluded that students who wish to decline a loan or request a lower amount should contact the Busi ness and Financial Aid offices. ‘We are developing a comprehensive marlieting plan for the University.” -Ms. Marsha McLean ♦1.000WWTS ^ • It's time for . . . Listener Showdown! April 21 - 29^''! WRVS, Elizabeth City State versus W3SU, Jackson State compete again for the title "The Southern Region's Best Jazz Station" Our goal - be the first to raise $35,000!!! With your support, we'll claim that title. Be a part of the excitement. Stay tuned, keep your ears to the ground and get ready for the re-match! We're Hunting Tigers.
Elizabeth City State University Student Newspaper
Standardized title groups preceding, succeeding, and alternate titles together.
March 26, 2001, edition 1
10
Click "Submit" to request a review of this page. NCDHC staff will check .
0 / 75