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"We have been doing business with McKenzie Finance for five years. During this time their default specialists have lowered our default rate significantly and kept us in compliance with the requirements of the US Dept. of Education's Appendix D. We continue to maintain a low default rate and to be approved for Title IV funding thanks to the efforts of McKenzie Finance. Their services are invaluable and are essential for all schools interested in maintaining a low default rate. I strongly recommend McKenzie Finance." -Jerry Poer, President Charleston Cosmetology Institute ________ "This letter is regarding Lipton McKenzie, and specifically his company, McKenzie Financial. We have used this default management service for eight years and have been extremely pleased with the results. "Our default rate has continued to drop every year since we contracted with McKenzie Financial, and this year it is the lowest it has ever been at 14%. I feel this decline is the direct result of Mr. McKenzie's efforts and hard work. "I would highly recommend McKenzie Financial to any school concerned about their default rate." -Michael A. LeMaster, President RETS Tech Center
_______ "This letter is an official acknowledgement of the excellent work your organization has done in reducing our institution default rate as well as providing superb financial management assistance to our graduates and current enrolled student body. "On behalf of the entire Florida Memorial College community and especially the Enrollment Management staff, we commend you and your staff for expedited automation of services, friendly demeanor, efficient and effective professionalism that your organization provides to our institution. "We sincerely thank you for a job well done and look forward to your continued financial services, enabling us to help our student body become effective debt managers." - Mayor Roscoe Warren Director, Enrollment Management Florida Memorial College
________ Midwest Technical Institute April 2, 2004
McKenzie Financial, Inc. 3520 West
Broward Blvd. Dear Mr. McKenzie and Staff, I would like to thank you and your staff for a job well done. You have proven to be of great value to our institution and to our borrowers as they enter into their repayment periods. Working with McKenzie Financial has allowed our Financial Aid Department to concentrate on key aspects of financial aid processing without compromising our default management plan. Your Title IV Default Management strategies have allowed MTI to provide our borrowers with all the tools and information they need to remain in good standing with the U.S. Department of Education. Again, many thanks for a job well done. We look forward to working with you and your staff for many years to come. Best regards,
Brian Huff
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Steiner Florida
College of Natural Health April 7, 2004 "It is with extreme pleasure that I write this letter recommending McKenzie Financial. Our schools have utilized their services for the last 12 years for default prevention, default and rate appeals, and lender access." "After the first year utilizing McKenzie Financial, we had a 7 percent drop in our default rate. Our default rate has consistently remained low over the years thanks to McKenzie Financial. We successfully appealed one of our default rates and were able to reduce it by 8 percent, thanks to the personal assistance provided by Lipton McKenzie." “In the past, Mr. McKenzie has also assisted our schools by obtaining new lender for our student loan program, at a time when banks did not want to make loans to proprietary schools." "We look forward to continuing a long and positive relationship with Lipton McKenzie and McKenzie Financial as our schools continue to grow!” Melissa Wade, President Florida
College of Natural Health
________ BEAUTY SCHOOLS of America HIALEAH CAMPUS April 14, 2004 Dear Lipton, Please share this letter with all who are considering contracting McKenzie Financial Inc. Beauty Schools of America has used the default management services offered by 'McKenzie' for over 12 years. I recommend, without reservation the services provided by this outstanding company. Default management is a top priority at our institution. McKenzie Financial Inc. keeps in constant contact and continues to educate the students on their rights and responsibilities, before and after they enter repayment with one of the student loan programs. They do so in a consistent and effective manner. We had many choices when it came to selecting a default management company. Since we are mentors to our students, we needed a company with a soft but direct educational approach to collection. With this component in the selection criteria, 'McKenzie' was the only choice.
Should you have additional questions, feel free to contact me directly at
305-267-6604.
________ July 7, 2004 Dear Lipton: I want to thank you and your staff for the assistance they have provided to our school and to our students. Working closely with the staff at the Michigan Institute of Aeronautics, our student loan default rate has continued to drop. It is currently at an all time low. We look forward to working with you and your staff in the future to continue the success of our school and our students. Sincerely,
Charles Hawes President
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Office of the Chancellor July 8, 2004 Dear Mr. McKenzie: You and your staff at McKenzie Financial, Inc. have been performing default management for Keiser College for over five years and have proven to be very effective. We have seen a substantial reduction in our default rate. Furthermore, your ability to receive information electronically enhances your services immensely. Because of this, our financial aid office is relieved of extra duties, and is free to focus on other services. We are very pleased with the results we have obtained through McKenzie Financial, Inc. and highly recommend your company.
Respectfully yours, Chancellor |
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