What to Know About Nonprofit Student Loan Counseling

| August 1, 2018

article image
Navigating through the world of student loan repayment can be difficult. Among the nearly 45 million Americans with student loans in repayment, 2.1 million borrowers are more than 90 days delinquent in paying that debt, according to the Federal Reserve Bank of New York. The New York Fed's data shows that 4.8 million student loan borrowers are in default, proving this is a widespread problem. With all the different repayment options, knowing which one is right and understanding the implications of each payment plan may be challenging – especially for borrowers who are already delinquent or in default and need help remedying their situation.

Spotlight

McKnight Foundation

The McKnight Foundation, a Minnesota-based family foundation, seeks to improve the quality of life for present and future generations. We use all our resources to attend, unite, and empower those we serve. Program interests include regional economic and community development, Minnesota’s arts and artists, education equity, youth engagement, Midwest climate and energy, Mississippi River water quality, neuroscience research, international crop research, and rural livelihoods. Our primary geographic focus is the state of Minnesota, with significant support also directed to strategies throughout the U.S. and in Africa, Southeast Asia, and Latin America.

OTHER ARTICLES

Coronavirus Relief: Everything Your Nonprofit Needs to Know About the Stimulus Package

Article | March 31, 2020

If your head is spinning with all of the legislation that has been passed during the last few weeks, you’re not alone. This is our guide to help make sense of the stimulus package for nonprofits. There were three phases of relief legislation put into place in March 2020: the Coronavirus Preparedness and Response Supplemental Appropriations Act, the Families First Coronavirus Response Act (FFCRA), and the Coronavirus Aid, Relief, and Economic Security (CARES) Act, in that order.

Read More

This Nonprofit Is Taking Unused Food From Events Canceled Due to Coronavirus & Giving It to Those in Need

Article | March 17, 2020

In roughly 24 hours, the non-profit organization Musically Fed turned 7,000 pounds of food intended for events at Staples Center in Los Angeles into 24,000 meals for shelters and missions across the city. The organization, which has been in operation for five years, was informed last Thursday that Manny Slomovits, executive chef for Levy at Staples Center, needed to unload perishable food after the arena was forced to cancel events due to the spread of the coronavirus in Los Angeles County. By Friday, 12 pallets of food had been delivered to the Midnight Mission and Los Angeles Mission located near Skid Row. The food was not only delivered and dispersed, but presented in a fashion rarely seen by those facing food insecurity.

Read More

How to Boost Donations Through Online Point-of-Sale Fundraising

Article | February 17, 2020

According to data firm Statista’s most recent e-commerce outlook, Americans will spend over $1,500 online each over the next 12 months. Moreover, that number is expected to surge even higher as Americans opt to do their holiday shopping online rather than wind their way through those infamous, in-store holiday crowds. If your nonprofit is able to turn that online shopping activity into a fundraising stream, there’s massive potential to boost donations. And the good news is that it’s not incredibly difficult to get started. Below, we’ll walk through how you can get your organization set up to accept these donations during your community’s online point-of-sale moments. First, however, we’ll explore the overall value of point-of-sale fundraising and why you need to consider it as a viable strategy for your nonprofit.

Read More

8 Work From Home Tips to Boost Nonprofit Fundraising Productivity

Article | March 17, 2020

As every country pulls out all the stops to slow the spread of the coronavirus pandemic, many cities and states are requiring all nonessential employees to work from home. But the work can’t just come to a screeching halt. Nonprofits around the world are trying to figure out how to do as much work as possible online. Some development professionals might already work from home. Others are probably trying to figure out where to start.

Read More

Spotlight

McKnight Foundation

The McKnight Foundation, a Minnesota-based family foundation, seeks to improve the quality of life for present and future generations. We use all our resources to attend, unite, and empower those we serve. Program interests include regional economic and community development, Minnesota’s arts and artists, education equity, youth engagement, Midwest climate and energy, Mississippi River water quality, neuroscience research, international crop research, and rural livelihoods. Our primary geographic focus is the state of Minnesota, with significant support also directed to strategies throughout the U.S. and in Africa, Southeast Asia, and Latin America.

Events