Archive for the ‘College Loans’ Category

Hitting The Books On Student Loans

September 17th, 2006

The homework begins for today’s college students long before they set foot in a university lecture hall. The late nights start with poring over an increasing array of student loan options. “A big part of getting to college and staying in college is figuring out who offers the best interest rate, who offers the best [...]

Essential credit tips for college students

September 11th, 2006

Many college freshmen around the country are enjoying their first taste of freedom this week — both financial and otherwise. Nellie Mae, the student-loan organization, recently reported that the average college freshman carries more than $1,500 in credit-card debt, and by graduation that amount is likely to double. Here’s a quick guide to sensibly using [...]

NextStudent’s PLUS Loans Let Parents Help With College Costs Now and Throughout the Year

August 12th, 2006

Many parents who want to help their children with college costs are not aware that funds still are available before the fall semester begins. With PLUS Loans — Parent Loans for Undergraduate Students, funds up to the full cost of college with rates as low as 6.25 percent are available throughout the year through Phoenix-based [...]

Private Student Loans Help Families Find Financial Aid for College Tuition

August 9th, 2006

A recent article in the New York Times highlighted what many students already knew — that not only was college getting more expensive, but the amount of federal aid available to students is not keeping up with rising education costs.
A revision and update to the EFC, or Expected Family Contribution, formula for the 2005-2006 school [...]

Student loan problems cost college

July 30th, 2006

Benedict College has been required to repay more than $658,000 since 2001 for violating rules governing federal student loans, U.S. Department of Education records show.
Benedict President David Swinton dismissed the ordered repayments.
“That’s what auditors do,” he said. “They point out things that need to be fixed.
“That audit covered every year since the [direct] student loan [...]

College officials explore new ways to attract students

July 28th, 2006

Mid-Plains board members heard an in-depth presentation on enrollment, marketing and public information by Chuck Salestrom, Area Director of Public Information and Marketing, Brenda Costin, Area Dean of Enrollment Management, at their meeting Wednesday on the McCook Community College campus.
The college had an overall 2.28 percent increase in enrollment for the 2005-06 term, they said, [...]

Ghana: ANUC SRC Wants New Loan Scheme for Continuing Students

July 23rd, 2006

The Students’ Representative Council (SRC) of All Nations University College (ANUC)- Koforidua, has appealed to the Government to allow continuing students in tertiary institutions to benefit from the new Students Loan Trust (SLT), which was recently announced by the Ministry of Education, Science and Sports.
A statement issued in Koforidua on Tuesday and signed by the [...]

College loan rules undergoing changes

July 3rd, 2006

WHAT STUDENTS AND PARENTS NEED TO KNOW
The rules for college loans are undergoing a host of changes. Here are the biggest changes and what they mean for you:
Fixed rates on Stafford and PLUS loans:
Since late 1992, the two largest federal student loan programs have come with a variable interest rate. Starting July 1, the rate [...]

College District to Get $30-Million State Loan

July 1st, 2006

Gov. Arnold Schwarzenegger signed legislation Friday authorizing a $30-million emergency loan to keep the Compton Community College District afloat.
The bill, sponsored by Assemblyman Mervyn Dymally (D-Compton), also authorizes the El Camino Community College District to provide classes for Compton students if the Compton district loses its accreditation.
The college, under state control since 2004, is appealing [...]

Ryan encourages YSU students to act quickly on loan changes

June 28th, 2006

College students and recent graduates with outstanding student loans have until Saturday to consolidate those debts before interest rates rise.
U.S. Rep. Tim Ryan of Niles, D-17th, was at Youngstown State University on Monday urging that those eligible to refinance their debt do so immediately.
Loans have been at variable rates that are reset every July, but [...]