Press Release
Inceptia Announces System-Wide Contract with Virginia’s Community College System to Provide Comprehensive Repayment Wellness Solutions
Lincoln, Neb. (December 11, 2024) – Inceptia, a leading nonprofit organization dedicated to supporting student success and financial wellness, is excited to announce a new system-wide contract with Virginia’s Community College System (VCCS). This contract ensures that all VCCS institutions have access to Inceptia’s Repayment Wellness solutions, offering tools to streamline processes, protect Cohort Default Rates (CDRs), and empower students to succeed.

 

Under this agreement, VCCS colleges can leverage Inceptia’s suite of Repayment Wellness tools:

  • Grace Counseling Outreach: Supporting borrowers proactively before they enter repayment.
  • Repayment Counseling Outreach: Helping delinquent borrowers get back on track and reduce default risk.
  • Loan Summary: Keeping students informed of their debt while still in school to promote better financial decisions.
  • Financial Avenue: Empowering students with online financial education that equips them with essential money management skills.
 

Inceptia has a current contract with VCCS to provide its Financial Aid Services product suite, including:

  • Verification Gateway: Engaging students with a fully-automated, user-friendly platform to streamline financial
    aid verification.
  • PJ Advisor: Managing special circumstances efficiently with an easy-to-use virtual platform.
 

“This system-wide agreement allows VCCS colleges to leverage Inceptia’s proven solutions to improve borrower outcomes, streamline financial aid processes and support students while also eliminating the need for each school to conduct their own RFP process. That saves time and resources while offering pre-approved pricing to all VCCS colleges,” said Laurie Owens, Director of Financial Aid.

 

“We are thrilled to expand our partnership with the Virginia Community College System,” said David Macoubrie, president and CEO, Inceptia. “This agreement underscores Inceptia’s commitment to supporting institutions with innovative solutions that reduce administrative burden and enhance the student experience.”

 

For more information on Inceptia’s solutions or to schedule a consultation, visit inceptia.org or email TalkToUs@inceptia.org

 

ABOUT INCEPTIA

Inceptia enables colleges and universities to strengthen relationships and boost enrollment using dynamic tools and personal outreach programs that empower students to successfully navigate admissions and financial aid. With tailored solutions and a nonprofit’s commitment to service, we remove barriers for students so schools can focus on what matters most – guiding them toward a rich and rewarding life through higher education.