FAP928: What’s ahead for your financial aid future
Download the MP3 file here.
Expert Interview
In this 25 minute interview with Maria Simos, CEO of e-Forecasting.com, and Dr. Evangelos Simos, Professor of Economics at the Whittemore School of Business at UNH, we talk about the current financial conditions impacting students and families, what industries are likely to be the best opportunities for jobs for new graduates, and what lies ahead in the next few years for your financial future.
There’s a ton of great information in this show – enjoy!

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FAP914: Student credit cards, interest rates, Over Again
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Weekly Financial Aid Roundup
Student loan consolidation and Treasury Bills
Scholarship Update
AORN Foundation Scholarship Program. To provide scholarships to students who are pursuing a career in perioperative nursing and to registered nurses who are interested in and committed to perioperative nursing to continue their education by pursuing a bachelor’s, master’s or doctoral degree in nursing or a
complementary field. The number of awards and amount of the awards will be determined annually. Awards are not renewable. The scholarships will …

Daily Aid 99: Make your own layaway plan to save money
From the Chronicle:
Ohio Northern University is the fourth higher-education institution to announce that it is seeking to recoup money in an alleged $554-million investment fraud, university officials said today. Ohio Northern’s endowment had $10-million invested with two Wall Street veterans who face criminal charges for allegedly using investors’ money as a “personal piggy bank,” spending at least $160-million on mansions, horses, rare books, and collectible toys.
Commentary
As the tide goes out, we see who’s been swimming naked, or so the expression …

Daily Aid 93: Jobs, financial aid, and crime
Student Financial Aid News
From the Chronicle:
Officials in at least two states are looking into the abrupt closing last week of the Connecticut School of Broadcasting, an occupational school with 26 campuses that cited the dwindling availability of private student loans as a major factor in its financial plight. In announcing the shutdown on Wednesday, the school gave students and faculty members an hour’s notice to vacate the premises. In a news release the following day, the school blamed the closure on the seizure …

FAP901: Tons of job tips and scholarship search secrets
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Weekly Financial Aid Roundup
Scholarship caps in Arkansas?
Scholarship Update
Lots of scholarships this week, but a new use for Twitter.
Jobcast
We covered lots of job stuff this week, such as graphing out what industries are hiring, where the jobs are in your area, and where you should be focusing your search. We also covered 3 basic job finding concepts.
Free Stuff Friday
Free Quaker rice cakes.
Free Kashi frozen entree.
Free hair dye for men.
MacHeist DevonThink Twitter promotion.
Free good recipe for tacos.
Twitter search …

Daily Aid 91: Three key job finding concepts you MUST understand
Student Financial Aid News
From Inside Higher Ed:
Studies of endowments don’t bring good news these days. College endowments in the United States lost an average of 24.1 percent in the last six months of 2008, according to a survey from Commonfund Institute that provides an update on an estimate the organization released two months ago. As is typically the case, the largest endowments did better than smaller endowments. Those with more than $1 billion saw average losses of only 21.7 percent. …

Daily Aid 90: Searching Twitter for Scholarships
Student Financial Aid News
From Inside Higher Ed:
New signs of the economic difficulties facing all kinds of colleges: Administrators and staff members at John Carroll University are being required to take two weeks of unpaid leave, while faculty members are being asked to vote on a proposal to cut their salaries, The Plain Dealer of Cleveland reported. … The University of Washington is cutting 70 jobs from its fund raising operations, citing a drop of 25 percent in the value of the university’s endowment, the …

Daily Aid 78: CNBC Followup, Stimulus
Student Financial Aid News
A followup from the CNBC story on Thursday night:
I thought of my brother, who’d been laid off in December, and his daughter who is a freshman at an expensive private college. He’d gone through all of the school’s procedures, filled out the “mid-year change in circumstances” forms, and had received a “Sorry, this year is all set” note back from the financial aid office. I wasn’t sure if this was the type of situation that Chris was looking for, but sent him …

FAP898: Student loan debit cards, CNBC, cheap laptops, free stuff
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Weekly Financial Aid Roundup
I was on CNBC this week to talk about financial aid for parents who have lost a job. Given the jobless reports, this is a very timely topic.
This is really stupid. From NASFAA:
“A controversial program at the City Colleges of Chicago to put student loan refund money on pre-loaded debit cards now has enrolled about 6,300 students from all seven campuses,” Chi-Town Daily News reports. “The cards, provided by JPMorgan Chase, carry …

Daily Aid 74: Student loans as investments, marriage and FAFSA
Student Financial Aid News
From Bloomberg:
The U.S. Treasury agreed to commit as much as $60 billion to shore up the market for student loans and help reduce the illiquid assets clogging banks’ balance sheets, according to three people familiar with the matter.
The department will use its Federal Financing Bank to provide a backstop for an initiative put together by Citigroup Inc. and Morgan Stanley, the people said. The so-called conduit will purchase existing and new student loans from banks, and issue asset-backed …