[13 May 2013 | No Comment | 1,466 views]
May Newsletter: Important Tips for Graduates

It’s graduation season and summer will soon be here. But it’s also an important time to plan for next semester’s bills. So this month’s Financial Aid News is here to help with:

• Information about how to compare private student loans
• Your chance to win a $10,000 scholarship
• Helpful advice for this year’s high school and college graduates
• New scholarship opportunities and more!

Read the full story »

College Admissions, Financial Aid, News »

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Dominican misreported its number of applications to U.S. News and other data collectors.

College Admissions, Financial Aid, News »

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Paying a grandchild’s college directly would allow grandparents to avoid gift taxes.

College Admissions, Financial Aid, News »

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Vendors could serve as recommenders for b-school applicants from family businesses.

Financial Aid, News, Scholarships, Student Loans »

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“When Sussette Sheree Timmons, of Dallas, enrolled in several online colleges, she had no intention of becoming educated, federal authorities said. Timmons, 30, instead kept the financial aid she applied for and withdrew from the colleges and universi…

Financial Aid, News, Scholarships, Student Loans »

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Late in March, a task force of 17 NASFAA members forwarded an initial list of 61 recommendations for changes to the Higher Education Act in the upcoming Reauthorization to the NASFAA Board of Directors. The Board accepted most of those recommendation…

Financial Aid, News, Scholarships, Student Loans »

[23 May 2013 | No Comment | 3 views]

“A proposal by Sen. Elizabeth Warren, D-Mass., to reduce interest rates on student loans has one big economic backer: Nobel Prize laureate Joseph Stiglitz,” USA Today reports.

Financial Aid, News, Scholarships, Student Loans »

[23 May 2013 | No Comment | 2 views]

“Community colleges have received a declining share of government spending on higher education over the last decade even as their student bodies have become poorer and more heavily African-American and Latino, according to a report to be released Thurs…

Financial Aid, News, Scholarships, Student Loans »

[23 May 2013 | No Comment | 4 views]

“Elizabeth City State University could face the loss of federal financial aid as well as nearly $4.4 million in fines for not reporting more than 120 crimes as required by law,” the San Francisco Chronicle reports.

Financial Aid, News, Scholarships, Student Loans »

[23 May 2013 | No Comment | 12 views]

“Given the hard economic times, some students opt to keep college debt down by beginning their postsecondary education at a community college. But a recently released four-page report by the Texas Guaranteed Student Loan Corporation (TG) calls into que…

Financial Aid, News, Scholarships, Student Loans »

[23 May 2013 | No Comment | 6 views]

“The federal government is making huge profits when it lends money to college students and their parents. According to a recent Congressional Budget Office report, the government pockets a tidy sum for each student loan dollar you borrow,” Frugal Dad?…

Financial Aid, News, Scholarships, Student Loans »

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“The White House and most congressional Democrats say the GOP plan would revive the culture of predatory adjustable-rate mortgage lending that fueled the housing collapse of the recession, and that lower-income students would end up ruing the day they …

Financial Aid, News, Scholarships, Student Loans »

[23 May 2013 | No Comment | 16 views]

Yesterday morning the House passed the Smarter Solutions for Students Act (H.R. 1911) by a vote of 221 to 198, roughly along party lines. H.R. 1911 would tie the interest rates on student loans to market rates by using a formula based on the 10-year Tr…

Financial Aid, News, Stafford Loan, Student Loans »

[23 May 2013 | No Comment | 6 views]

As you may recall, last year, Congress voted on whether to raise the subsidized Stafford loan interest rate to 6.8%, or keep it at 3.4%. Congress decided to prolong the decision for another year and keep the subsidized interest rate at 3.4%.

College Admissions, Financial Aid, News »

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Pay for college via these scholarships for hot, high-paying majors.

College Admissions, Financial Aid, News »

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Sharpening writing skills during school can pay off when it’s time to take the bar.