Oklahoma Higher Education Campus E-Clips sponsored by the Communicators Council

May 2011

OGSLP Changes Its Name; Expands Free Services for Schools

 

OGSLP Becomes OCAP
In an effort to respond to recent changes in the federal student loan industry, the Oklahoma Guaranteed Student Loan Program (OGSLP) has adjusted its business model and changed its name to the Oklahoma College Assistance Program (OCAP). Moving forward, OCAP will no longer guarantee student loans but, instead, will focus on expanding the reach and scope of free programs that benefit campuses, community partners, counselors, borrowers, students and parents.

In an effort to respond to recent changes in the federal student loan industry, the Oklahoma Guaranteed Student Loan Program (OGSLP) has adjusted its business model and changed its name to the Oklahoma College Assistance Program (OCAP).

Since 1965, OGSLP functioned as Oklahoma’s designated Federal Family Education Loan Program (FFELP) guarantor and provided numerous other services that support outreach, college planning, personal finance education and student loan management.

Moving forward, OCAP will no longer guarantee student loans but, instead, will focus on expanding the reach and scope of these existing programs and campaigns. Through their college access program, UCanGo2, and financial literacy initiative, Oklahoma Money Matters, OCAP provides free borrower support, default prevention and outreach services to campuses, community partners, counselors, borrowers, students and parents.

“We’re excited about the opportunities this change provides,” said OCAP’s executive director, Rick Edington. “We may have a new name, but our commitment to customer service and serving Oklahoma families remains strong. We look forward to continued collaboration with schools and community partners as we grow together and find new ways to meet the needs of Oklahoma students.”

To learn more about OCAP’s services, visit OCAP.org or call 800.442.8642 (toll free).

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