Press Releases and Media Advisories
Springboard Non-Profit Consumer Credit Management Provides Financial Support to California Student Debt Taskforce
March 18, 2005, 3:04 pm
Springboard announces a grant for the California Student Debt Resouce Awareness Project (CASDRAP).
Springboard Non-Profit Consumer Credit Management has announced the award of a $10,000 grant to the California Student Debt Resource Awareness
Project (CASDRAP). CASDRAP is a statewide taskforce consisting of university administrators, non-profit financial education organizations (including Springboard), and student loan lending, servicing and guarantor entities. CASDRAP has created a comprehensive website that serves as a clearinghouse for educational materials and resources on debt and money issues for students, parents and college administrators. The website is www.StudentDebtHelp.org.
“These grant funds were made available to us by Citibank through their comprehensive credit counseling grant that they provide to us annually, so we really have Citi to thank” stated Dianne Wilkman, President/CEO of Springboard.” “From the beginning Citibank showed a lot of interest in the CASDRAP mission and we are very appreciative that they have recognized the value of our participation in CASDRAP by approving our request to support the task force’s general operations.”
CASDRAP got its start at San Diego State University, which formed a committee to implement AB 521, The Student Financial Responsibility Act (Koretz). The Act mandates that financial education be provided at Cal State and other California campuses and community colleges. The
law was enacted by the California legislature in 2002.
Author: Dianne Wilkman
About Springboard Nonprofit Consumer Credit Management
Springboard is a nonprofit credit education and financial counseling organization founded in 1974. The agency offers personal financial education and assistance with money, credit and debt management through confidential counseling. Springboard is accredited by the Council on Accreditation, signifying high standards for agency governance, fiscal integrity, counselor certification and service delivery policies. The agency provides pre-bankruptcy counseling and debtor education as mandated by the bankruptcy reform law. Springboard is a HUD approved housing counseling agency and a member of the National Foundation for Credit Counseling, a national organization of nonprofit credit counseling agencies. The agency has several locations in California and offers face-to-face and nationwide phone counseling services. For more information on Springboard, call 1-800 WISE PLAN (1-800-947-3752) ext. 7750 or visit their web site at www.credit.org.
