BYU students are among the best in the nation in repaying their student loans, according to the most recent U.S. Department of Education calculation. The Student Aid News reported that, among schools with more than 1,500 borrowers, BYU’s 1998 cohort default rate of 0.83 percent was the third lowest in the country, just behind Stanford and the University of North Dakota. The national default rate for 1998 student loans was 6.9 percent.

BYU recently received a $50,000 grant from the UPS Foundation, the charitable arm of United Parcel Service. The grant will serve as a Native American scholarship fund.