FAP469: 7 tips to avoid scholarship scams, Valentines Day messages, Matthew Ebel double header
FAP469: 7 tips to avoid scholarship scams, Valentines Day messages, Matthew Ebel double header
Student Financial Aid News
+ Reston, Va.-based SLM Corp. [ticker: SLM”>MP3 file is gearing up to price $4.03 billion of student loan asset-backed securities, a Reuters industry source said Monday. Morgan Stanley, Credit Suisse, and Barclays Capital will serve as underwriters. Commonly known as Sallie Mae, SLM Corp. is the largest student lending in the country with a student loan portfolio of $142 billion.
+ Securitization recap
+ As “529 plans mark their 10th anniversary this year, they are fast becoming the principal way for parents and grandparents to save for college,” USA Today reports. “Why? Costs have dropped. Investment options have improved. Perhaps most significantly, Congress has permanently extended the most enticing feature: All the money you pull out of 529s for college – your contributions, plus the earnings – is free of federal tax.”
+ Why we haven’t talked about 529s in depth yet
Scholarship Update
+ 31 episodes left until episode 500
+ Bryan Person from New Comm Road wants to know about scholarship scams
+ 7 rules to avoid scholarship scams from FinAid.org
Valentine’s Day Messages
Podsafe Music
+ Double header today
+ For the lovebirds, Matthew Ebel, Tennessee Never Cried
+ For the lovelorn, Matthew Ebel, Single Man’s Lament
+ Music via the Podsafe Music Network
Reminders
+ Call in your Valentine’s Day message! 206-350-1208
+ Private student loans
+ Stafford loans | Other federal student loans
+ Student loan consolidation at StudentLoanConsolidator.com
+ FAFSA form online filing at FAFSAonline.com
+ Financial Aid Podcast Show Notes at FinancialAidNews.com.
+ The Financial Aid Podcast is a publication of the Student Loan Network.
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