Daily Aid 101: Step by step affiliate marketing setup for Amazon.com
Student Financial Aid News
From the Chronicle:
Enrollment at many community colleges is rising so fast that the colleges have run out of space for classes. A number of the institutions have seen double-digit increases as the economy has imploded, and their administrators have converted conference rooms, lounges, and computer labs into classrooms, in addition to scheduling courses on Friday nights, on weekends, and as early as 6 a.m. Even so, thousands of students are being shut out of courses they had …

FAP902: $20,000 in scholarships, Scholarship Points, FAFSA, free stuff
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Student Financial Aid News
Scholarships running out of funding.
FAFSA applications up 20%, plus other student loan news.
Scholarship Points Members
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Daily Aid 94: Scholarship scam warning, student loan programs future
Student Financial Aid News
From Inside Higher Ed:
On a day that President Obama reinforced his call to increase the number of Americans in college, the federal government released data showing that higher education’s capacity is growing, albeit too slowly to meet the goal set by the president and others. The data also continue to show that a disproportionate share of the growth can be attributed to for-profit colleges, which are expanding at a rapid clip.
Commentary
What will be interesting is to see how …

Daily Aid 85: Taxing online degrees, financial aid scams
Student Financial Aid News
From NASFAA:
“People claiming to represent the U.S. Education Department are calling students to offer scholarships and grants,” the Star-Telegram reports. “The callers ask for a bank or credit-card number, saying the information will be used for a $249 processing fee. But it’s a fake. … ‘Do not give your financial information to individuals making these claims,’ the department warns. If you receive a call, report it to 1-800-MIS-USED, or send an e-mail to oig.hotline@ed.gov. The government Web site www.ftc.gov/scholarshipscams …

Daily Aid 83: How I almost fell for a scam and saved myself
Student Financial Aid News
From the Chronicle:
The association for student-aid officials is urging the Education Department to rescind a decision, announced in the Bush administration’s final days, to end a program in which college financial-aid offices may use experimental approaches in the awarding and delivery of aid to students.
In a letter on Friday to Arne Duncan, the secretary of education, the National Association of Student Financial Aid Administrators says the program has allowed more than 100 two- and four-year …

Daily Aid 82: Massive identity theft scam warning
It’s President’s Day here, which means that normal stuff like banking and financial stuff is closed for the day. Not only is the Student Loan Network open, but we’re blowing the lid off of a very well done scam that has the potential to hook a lot of people. It’s like most other email scams – only someone actually put time and effort into this one.
It starts with a deceptively simple email purportedly from the IRS – which of course in this tax …

Daily Aid 23: Avoiding scholarship scams
Student Financial Aid News
From Inside Higher Ed:
A November ballot referendum to repeal Massachusetts’ income tax has many educators scared. Though supporters of the referendum argue it would make the government more efficient and effective, detractors argue that it would put valuable public services at risk. Especially concerned are public college and university administrators, who warn that, for the state’s higher education system, the consequences of an income tax repeal would be grim.
Commentary
This speaks to a bigger question – how do you make government more efficient? …

FAP717: Top 5 Financial Aid Scams
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Student Financial Aid News
+ Chronicle: The turmoil in the student-lending industry is beginning to worry some leaders of the nation’s public colleges and universities.
+ The American Association of State Colleges and Universities says that the presidents of several of its member institutions have expressed concern over reports that Sallie Mae (ticker: SLM), the nation’s largest student-loan company, is among those facing financial difficulty.
+ The association’s president, Constantine W. Curris, is urging the leaders to stay calm. In a letter …

FAP662: Common financial aid scams, state budgets, Rayko KRB
Student Financial Aid News
+ On location at MASFAA Annual Conference in Newton, Massachusetts
+ Inside Higher Ed: Election Day 2007 was encouraging for many colleges as a number of key bond measures passed, although one failed in New Jersey and Washington State voters appeared to be passing an anti-tax measure that could lead to tight state budgets in the future.
+ Citibank declares $135 billion in Level 3 assets – which may be worthless; in other news, virtually every major bank is going through …

FAP600: Free stuff Friday, Credit crunch, fly fishing scholarship, mail bag, Matthew Ebel
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Student Financial Aid News
+ Will credit crunch impact student loans?
+ Subprime and Alt-A mortgage loans going bad left and right
+ Affecting CDOs and ABS
+ Federal student loan rates are set by Congress
+ Private student loan rates are market driven, so if the market revises credit standards upwards or rates are pushed up by economic conditions, private student loans will be more expensive
+ Student loans in general are highly prized now on the securities markets because they’re …