VSAC Announces Board, Staff Appointments

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VSAC Announces Board, Staff Appointments

Sun, 07/13/2003 - 8:00pm -- tim

The Vermont Student Assistance Corp Board of Directors has
re-elected three of its members to six-year terms. They are Joseph L.
Boutin of Burlington, president of Merchants Bank; David W. Ginevan of
Middlebury, executive vice president of Facilities Planning at Middlebury
College; and Dorothy R. Mitchell of Worcester, who is active in a variety
of higher education and community endeavors.
Joining the VSAC staff as the
new director of Claims, Collections and Compliance is Gregg Mousley of
Cornwall. Mousley previously worked for the Counseling Service of Addison
County in Middlebury. Among his responsibilities at VSAC, Mousley oversees
default aversion and servicing of defaulted loans and ensures that
services for students and families are in compliance with state and
federal regulations.
Two Vermont Student Assistance Corp. executives have been
named to leadership positions in the student loan industry. Don Vickers,
VSAC's president and CEO, on July 1 began a one-year term as chairman of
the National Council of Higher Education Loan Programs (NCHELP). Pat
Kaiser, VSAC's vice president of Student Services, on August 1 will begin
serving a one-year term as president of the Student Loan Servicing
Alliance (SLSA).
NCHELP represents a nationwide network of guaranty
agencies, secondary markets, loan servicers, collectors, schools, and
others involved in the administration of the Federal Family Education Loan
Program (FFELP). SLSA represents loan servicers in FFELP, the largest
source of student loan credit in the world. A public nonprofit corporation
created in 1965, VSAC guarantees, originates, and services FFELP loans for
students and parents, as well as providing supplemental loans for medical,
law, and other students.