VERIFICATION SERVICES
Verification of Education
KEY BENEFITS
Qualify thin-file, emerging
consumer segments for
promotional offers and/or
student financing
Access all of your verification
needs from a single portal
Reduce processing and
decisioning time
Reduce fraud and abuse of
programs tailored for current
students or recent graduates
For a diverse number of reasons, verifying an individual’s status as an enrolled
student, recent graduate or degree holder is critical to conducting business.
For industries, such as auto or insurance, that offer products, services and/or
incentives based on that status, verifying an individual’s education is crucial
to determining program eligibility. For others, such as credit card issuers and
lenders, verifying education can be the determining factor in whether or not
a thin-file consumer is granted credit.
Many recent graduates have not yet established solid credit history, although their
earnings and purchasing power is on the verge of exponential growth. Decisioning
on credit alone may lead to missed opportunities within this market segment that
could otherwise be captured by simply verifying the individual’s graduate and
employment status.
Types of education verifications available
Businesses across the board require a means to verify education. The need
for a third-party solution that can deliver a verification of education instantly
and electronically for purposes outside of student lending is becoming more
and more prominent. With Equifax Verification Services, you have several options:
Verification
We provide:
Graduate
Verification
A graduation indicator in addition to the highest level
of degree achieved. The Graduate Verification does not
include school name or specific degree title.
Enrollment
Verification
Proof of a student’s current enrollment status as well
as school name and type (less than two year, two year
or four year/graduate).
Transition
Verification
An enrollment status monitoring service which indicates
whether a student is still enrolled, graduated, withdrew
or is on leave of absence.
Automate the verification process
The Verification of Education from Equifax allows for instant electronic verification of an
individual’s graduate attainment or enrollment status, and can be set up to alert when
changes in that enrollment status take place. Additionally, the Verification of Education
is delivered through the same portal as our employment and income verifications,
providing a seamless ordering and delivery process for all of your verification needs.
CONTACT US TODAY
For more information, please contact:
[email protected]
www.theworknumber.com
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of Equifax Inc. Copyright © 2014, Equifax Inc., Atlanta, Georgia. All rights reserved. EFX-WS-0007-03/09/2015