The Education Resources Institute

Programs: College access and success programs: teri offers comprehensive information, guidance and practical help to assist underserved individuals to achieve their postsecondary educational goals. Teri's local college access program consists of college planning centers (cpcs) and school-based programs in urban communities. Teri's cpcs served an estimated 25,000 individuals through outreach, center visits, phone calls, and email. 15,000 were served directly and about 10,000 received information and assistance through phone and email. Teri's school-based activities served 3,800 students, 680 of the students were high school seniors and roughly 74% of those seniors enrolled in programs of postsecondary education. The remaining 3,120 students served were in grades 6-11 and participated in college campus tours, summer programs, standardized tests, and received assistance in selecting college preparatory courses and researching colleges and scholarships.

education finance program: teri's education finance program provided guarantees on private student loans. These loan guarantees enabled students with little or no credit history to obtain loans to help close the gap between education costs and other resources such as financial aid, savings and family support. Through these loan guarantees, teri brought together lenders, schools, students and families to make available low-cost, high quality financing for post-secondary education.

teri provides collection management services to banks and the plan trust, established in concert with teri's emergence from chapter 11 bankruptcy in november 2011. Services include the outsourcing and management of delinquent (prior to charge-off) private student loans to third party collection agencies. Teri's fee income is contingent and based on the number of loans prevented from defaulting or the dollar amount collected after charge-off.