Lori Meadows
Wright International Student Services (WISS) is a company that provides free assistance to students with their federal student loan obligations. WISS has been in operation for over 25 years and has helped over one million students prevent their student loans from defaulting. The company is headquartered in Shawnee Mission, Kansas, and has 2-10 employees. Campus, formerly known as MTI College, has partnered with WISS to provide loan repayment assistance to its students. WISS representatives may contact students during their grace period to answer questions and provide guidance on repayment options. They are not a collection agency, but a resource to help students explore alternative repayment plans, deferment, consolidation, discharge, forgiveness, and forbearance options.
| Characteristics | Values |
|---|---|
| Number of employees | 2-10 |
| Headquarters | Shawnee Mission, Kansas |
| Address | 6405 Metcalf Avenue Suite 504, Shawnee Mission, Kansas 66202, US |
| Services | Free assistance on Federal student loan obligations |
| Help with loan repayment | |
| Contacting borrowers with delinquent loans | |
| Providing information on alternative repayment plans, deferment, consolidation, discharge, forgiveness, and forbearance options | |
| Staying in touch with borrowers via phone calls, letters, and/or emails | |
| Achievements | Helped over one million students in preventing their student loans from defaulting |
| Leading the industry as the #1 default management provider |
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What You'll Learn
Free assistance on federal student loan obligations
Wright International Student Services (WISS) is a legitimate organisation that provides free assistance to students with their federal loan obligations. WISS has partnered with Campus (formerly MTI College) to offer guidance and support to students in understanding their loan repayment obligations and options.
Federal student loans are available to eligible undergraduate, graduate, and professional school students to help cover educational expenses. These loans must be repaid by the student borrower, and there are two main types: Federal Direct Subsidized Loans and Federal Direct Unsubsidized Loans. The key difference between the two is that the federal government pays the interest on subsidised loans during periods of deferment, whereas unsubsidized loans accrue interest from the disbursement date.
Wright International Student Services offers free help with understanding and managing federal student loan obligations. Their customer representatives may contact students during their grace period to answer questions and provide information about repayment options. WISS is not a collection agency, and their goal is to help students explore various options such as alternative repayment plans, deferment, consolidation, discharge, forgiveness, and forbearance. They will communicate with students via phone calls, letters, and/or emails to address their concerns and provide solutions.
Students can also explore other loan options before committing to a federal student loan. Alternative or private loan programs are non-federal student loans offered by various lending institutions. Interest rates and repayment terms for alternative loans can vary by lender and loan, and eligibility may depend on the borrower's credit history. It is important to note that students should always explore federal student loans and other financial aid options first before considering alternative loans.
Additionally, specific loan repayment programs may be available, such as the National Health Service Corps (NHSC) loan repayment program for primary care nurse practitioners and certified nurse midwives serving in high-need communities. International students at Wright State University can also seek assistance from the University Center for International Education, which offers support throughout their academic journey.
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Help with loan repayment options
Wright International Student Services (WISS) is a legitimate organisation that provides free assistance to students with their Federal student loan obligations. WISS is partnered with Campus (formerly known as MTI College) to help students explore various loan repayment options.
Loan Repayment Options
When it comes to loan repayment, it is important to understand the different options available to you. Here are some of the loan repayment options offered by Wright International Student Services:
- Federal Student Loans: These are real loans provided by the federal government and must be repaid. You can use the Loan Simulator on www.studentaid.gov to estimate your federal student loan payments.
- Alternative or Private Loan Programs: These are non-federal student loans offered by various lending institutions. Interest rates, repayment terms, and eligibility vary by lender and loan. Some alternative loan programs may require a creditworthy co-borrower who is a US citizen or permanent resident.
- Federal Nursing Student Loan: This is a federal campus-based loan for undergraduate students admitted into the nursing program. It is a form of financial aid for students with financial needs and must be repaid by the borrower.
- Loan Consolidation: Loan consolidation allows you to combine multiple loans into one new loan with a single monthly payment. You can apply for a consolidation loan online at Studentaid.gov. However, it is important to carefully review your consolidation options beforehand, as you may lose certain borrower benefits or increase the total cost of repayment.
- Exit Loan Counseling: Wright State University offers Exit Loan Counseling to help students understand their rights and responsibilities as borrowers and determine an appropriate repayment plan.
- Nursing Education Loan Repayment Program (NELRP): This program repays registered nurses' educational loans in exchange for service in critical shortage facilities located in areas experiencing a shortage of nurses.
- National Health Service Corps (NHSC) Loan Repayment: The NHSC offers loan repayment for primary care nurse practitioners and certified nurse midwives who serve in communities with the greatest need.
Remember, it is important to carefully consider your loan repayment options and seek assistance if needed. The friendly customer representatives at Wright International Student Services are there to help you explore the best options for your specific situation.
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Not a collection agency
Wright International Student Services is a legitimate company that provides support and assistance to international students studying in Canada. It is not a collection agency, and it is important to understand the distinction between the two. A collection agency is a company that pursues individuals to pay off their debts. They are typically employed by creditors or lenders to collect outstanding payments from debtors. Collection agencies use various methods to contact debtors, including phone calls, letters, and even personal visits. They often employ aggressive tactics to ensure the debt is paid, and they may also report debtors to credit bureaus, which can negatively impact their credit score and future borrowing abilities.
Wright International Student Services, on the other hand, is a student support service. They assist international students with various aspects of their educational journey, including pre-departure planning, visa applications, and arrival services. They also provide ongoing support throughout a student's time in Canada, helping with matters such as academic advising, cultural adjustment, and even emergency assistance. Their goal is to ensure that international students have a positive and successful experience while studying in a foreign country.
The company was founded by Jennifer Wright, who has extensive experience in the field of international education. She has worked in various roles within the industry, including as an international student advisor and an English language teacher. Her personal experiences and understanding of the challenges faced by international students led her to establish Wright International Student Services. The company aims to fill the gaps in support that often exist for international students and provide personalized guidance and assistance.
Wright International Student Services is a registered business in Canada and adheres to all relevant laws and regulations. They are not a debt collection agency, and their services are focused solely on supporting international students. Their team comprises experienced professionals who are knowledgeable about the unique needs of this student demographic. They work closely with students and their families to ensure a smooth transition to life and education in Canada.
It is important to distinguish between legitimate student support services, such as Wright International Student Services, and potential scams or misleading companies. Students and their families should always research and verify the authenticity of any organization offering such services. Checking online reviews, seeking testimonials, and ensuring the company has a professional web presence and legitimate contact information are all important steps in this verification process. Additionally, students should remember that they can often access free support services through their educational institutions, such as on-campus international student offices or academic advising departments.
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Default management provider
Wright International Student Services (WISS) is a default management provider that helps students prevent their loans from defaulting. Over 25 years, WISS has helped over one million students, making it the number one default management provider in the industry.
WISS provides free assistance to students with their Federal loan obligations to ensure successful and comfortable loan repayment. Representatives from WISS may contact students during their grace period to answer questions about their loan obligation and/or repayment options. They may also reach out if a loan becomes delinquent. WISS is not a collection agency but helps students explore alternative repayment plans, deferment, consolidation, discharge, forgiveness, and forbearance options.
WISS has also helped over 600 schools with their default management needs. These schools had an average rate of 30% before using WISS, and this dropped to 10% after. WISS representatives have over ten years of experience and advocate for both the school and the students. Schools only pay for student accounts that WISS successfully brings up to date, as well as a small fee to track students.
WISS never gives up and will stay in touch with students via phone calls, letters, and/or emails to help them find answers and solutions.
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Shawnee Mission, Kansas-based
Wright International Student Services (WISS) is indeed a real company. Headquartered in Shawnee Mission, Kansas, WISS has been in operation for over 25 years and has helped over one million students during that time. The company provides free assistance to students with their federal student loan obligations and comfortable loan repayment.
WISS is not a collection agency. Instead, it helps students explore alternative repayment plans, deferment, consolidation, discharge, forgiveness, and forbearance options. WISS representatives may reach out to students during their grace period to answer questions and provide guidance on their loan obligations and repayment strategies. They may also contact students if their loans become delinquent.
The company is based at 6405 Metcalf Avenue, Suite 504, Shawnee Mission, Kansas, 66202, in the United States. With 2-10 employees, WISS has established itself as the #1 default management provider in the industry.
WISS's primary role is to assist students in successfully managing their federal student loans. They provide support and resources to help students understand their loan obligations and explore various repayment options. By doing so, WISS helps students avoid loan defaults and navigate their financial journey with greater confidence and peace of mind.
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Frequently asked questions
Yes, WISS is a real company that provides free assistance to students with their federal student loan obligations and repayment.
WISS is located in Shawnee Mission, Kansas, United States.
WISS helps students explore various options such as alternative repayment plans, deferment, consolidation, discharge, forgiveness, and forbearance options to ensure successful and comfortable loan repayment.
According to LinkedIn, WISS has between 2 and 10 employees.
