[13 May 2013 | No Comment | 1,437 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 »

Financial Aid, News, Stafford Loan, Student Loans »

[23 May 2013 | No Comment | 0 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 »

[23 May 2013 | No Comment | 0 views]

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

College Admissions, Financial Aid, News »

[23 May 2013 | No Comment | 0 views]

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

College Admissions, Financial Aid, News »

[23 May 2013 | No Comment | 0 views]

Spend summer break working on your U.S. college campus or taking a course.

Financial Aid, News, Scholarships, Student Loans »

[22 May 2013 | No Comment | 0 views]

“Although levels of household debt have steadily receded in the U.S. since the housing bubble burst, Americans are conspicuously falling behind in one area — student loans,” CBS MoneyWatch reports.

Financial Aid, News, Scholarships, Student Loans »

[22 May 2013 | No Comment | 0 views]

“A recent report from the Federal Reserve Bank of New York breaks down how student loan debt is spread out across the country via a series of graphs and maps. Unfortunately for D.C. residents, the District is home to the largest collection of student l…

Financial Aid, News, Scholarships, Student Loans »

[22 May 2013 | No Comment | 0 views]

As many students are packing up to head home for summer vacation, others are just beginning to buy their books and prepare themselves for summer classes. For financial aid offices around the country, summer sessions can bring a whole new set of issues …

Financial Aid, News, Scholarships, Student Loans »

[22 May 2013 | No Comment | 0 views]

“In an abrupt reversal, the U.S. Department of Education has said it will reinstate the eligibility of foreign colleges, seminaries, and arts schools to participate in the federal student-loan program,” The Chronicle of Higher Education reports.

Financial Aid, News, Scholarships, Student Loans »

[22 May 2013 | No Comment | 0 views]

On May 16, The Department of Education (ED) published in the Federal Register interim final rules implementing the new limit on subsidized loan eligibility imposed by P.L. 112-141. Effective July 1, 2013, the law limits the benefits of the Direct Lo…

Financial Aid, News, Scholarships, Student Loans »

[22 May 2013 | No Comment | 0 views]

“Here’s an indication of how burdensome student loans have become : About one-third of millennials say they would have been better off working, instead of going to college and paying tuition,” Forbes reports.

Financial Aid, News, Scholarships, Student Loans »

[22 May 2013 | No Comment | 0 views]

“The House is expected to vote Thursday on a Republican-sponsored bill that would tie the interest rate on new federally guaranteed college loans to a market-based rate,” The Stamford Advocate reports. NASFAA President Justin Draeger “opposes a tempora…

Financial Aid, News, Scholarships, Student Loans »

[22 May 2013 | No Comment | 4 views]

“In the federal government’s annual status report on U.S. education outcomes, researchers affiliated with the National Center for Education Statistics (NCES) have put a special emphasis on higher education and employment and on the growth of federal …

Financial Aid, News, Scholarships, Student Loans »

[22 May 2013 | No Comment | 3 views]

“Since the Education Department changed its underwriting standards for loans to students’ parents in 2011, 400,000 parents have been denied the loans. The denials have fallen disproportionately on historically black colleges and universities, whose l…

Financial Aid, News, Scholarships, Student Loans »

[22 May 2013 | No Comment | 6 views]

“An emerging problem is being uncovered, involving people taking out federal school loans with no intention of ever paying them back, and no intention of getting an education. NBC4 has discovered that some people are borrowing education dollars to fu…

Financial Aid, News, Scholarships, Student Loans »

[22 May 2013 | No Comment | 1 views]

“In June, high school seniors across Massachusetts will pull on their graduation robes and take pictures with proud parents, celebrating the end of high school and looking forward to a new beginning in college. But on July 1, they will get an unpleasan…