Illinois Attorney General Lisa Madigan on Friday issued a legal opinion that appears to put the kibosh on Gov. Blagojevich’s controversial plan to sell the Illinois Student Assistance Commission’s $4 billion student loan portfolio — which could reap the state at least $100 million.
The opinion states the commission can’t sell the entire portfolio and discontinue [...]

If your federal financial aid award left you feeling a little high and dry, don’t sweat it. Uncle Sam is just one source of funds to tap for college. From cashing in on your company’s tuition reimbursement program to attending a work or co-op college, there are lots of ways to pay for college without [...]

Think Financial, a new company that markets private student loan products directly to consumers, today announced it has signed a contract with The First Marblehead Corporation (NYSE: FMD), a national leader in creating solutions for education finance. Think Financial will offer a complete suite of direct-to-consumer student loan products, including loans for k-12, undergraduate, graduate [...]

Fitch has confirmed the outstanding ratings of the following student loan revenue bonds issued by the Higher Education Loan Authority of the State of Missouri (formerly known as Missouri Higher Education Loan Authority or MOHELA):
Fitch confirms the following ratings:
* $17,370,000 subordinate series 1994A, ‘A’;
* $35,000,000 senior series [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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, [...]

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 [...]

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 [...]