Archive for the ‘College Loans’ Category

Nelnet says loses Canadian student loan contract, sees charge

Nelnet Inc. said the Canadian government has decided to award a student loan contract to another service provider instead of its subsidiary, Edulinx Canada Corp.
The company said it would have to record a pre-tax impairment charge of $9 million to $10 million in the fourth quarter for certain Edulinx assets, including servicing software and hardware [...]

Wednesday, December 27th, 2006

Statement From The President On The AMSA Loan Consolidation Program, USA

Loan consolidation is an important step in dealing with your student debt. AMSA members are eligible for the AMSA (American Medical Student Association) Loan Consolidation Program. It is important to understand loan consolidation and the real terms of any loan or consolidation contract. I want to provide you with some general information about loan consolidation [...]

Tuesday, December 26th, 2006

This loan is targeted at veterans

Q: I’m trying to expand my small business, but I never seem to have enough money for anything but routine expenses. I think a small loan would help me to move things forward. I know there are loans for small businesses, but are there any special loans for veterans?
A: Look into the Small Business Administration’s [...]

Sunday, December 17th, 2006

Democrats plan to lower college-loan interest rates

Democrats say they are putting education reform at the top of their to-do list as they prepare to take control of Congress.
They have not, however, spelled out what the math will look like.
Democrats say they will slash interest rates on need-based college loans in half — from 6.8 percent to 3.4 percent.
“That will be done [...]

Thursday, December 14th, 2006

College Loan Corporation Wins Better Business Bureau’s 2006 Torch Award for Marketplace Ethics

College Loan Corporation, the nation’s seventh largest student loan provider, today announced that it has won the coveted 2006 Torch Award for Marketplace Ethics from the San Diego Better Business Bureau (BBB) for demonstrating ethical business practices in the marketplace.
The BBB’s annual Torch Award for Marketplace Ethics recognizes businesses that have demonstrated exemplary ethical [...]

Thursday, December 14th, 2006

ASU, loan firm share revenue

When Arizona State University students ask the financial aid office for advice on private loans for college, officials recommend Education Finance Partners. ASU has made the San Francisco-based firm a “preferred” lender, allowing the firm to use the university’s logo on student loan marketing materials.
The deal does not secure lower interest rates for students or [...]

Monday, December 11th, 2006

UC’s loan program is booming

While a University of California loan program has helped more than 2,500 new college professors achieve home ownership, nearly 50 longtime employees have used the university to refinance their homes during a booming housing market.
With interest rates as low as 3 percent, and generally half the national average, they saved on monthly payments or took [...]

Thursday, December 7th, 2006

Roundtable discussion addresses college cost

College is expensive.
Oftetn students have to work or take out loans in order to pay for college. Some students get funding from the government, although these funds have diminished over the years.
To address the issues, NDSU hosted a roundtable discussion on the cost of higher education Thursday.
Congressman Earl Pomeroy, NDSU President Joseph Chapman, John Paulson, [...]

Thursday, December 7th, 2006

Commission recommends scholarships, loan forgiveness, training

A special commission says the state of Vermont should fund scholarships, college tuition loan forgiveness and work force training programs.
The Next Generation Commission was appointed when the Legislature and Governor Jim Douglas couldn’t reach agreement on a 175 (M) million dollar scholarship program the governor proposed.
Lawmakers suggested the state should consider more than just scholarships.
The [...]

Thursday, December 7th, 2006

2007 Massachusetts College Goal Sunday Bridges Information Gap on January 28, 2007 at 17 Locations Statewide

The organizers of Massachusetts College Goal Sunday, a free-to-the-public, charitable effort to bring families of college-bound students together with financial aid professionals from colleges and universities across Massachusetts, today released statistics based on more than 500 responses from the 2006 program attendees. The responses indicate there is still a significant gap to close in [...]

Wednesday, November 29th, 2006

Do your homework when plotting the financial course for your children’s college education

While Junior’s busy writing a captivating college admissions essay and filling out stacks of applications, Mom and Dad bite their fingernails, wondering how they’re going to pay for it.
Paying for college can be a complicated and intimidating journey, but with some helpful advice and plenty of resources, it’s not so bad.
How much will it cost?
When [...]

Wednesday, November 29th, 2006

College financing in 2006: A year of change

New grant programs. Higher interest rates for student loans. A permanent tax exemption for 529 savings plans. In the college financing arena, the hottest trend in 2006 seemed to be change itself. A little tinkering here. Some sweeping overhauls there. What it all means depends on your personal circumstances. But no matter where you are [...]

Wednesday, November 29th, 2006