Archive for the ‘Student Loan’ Category

Oregon Students Set To Gain From Lower Loan Interest Rates

If Congressional Democrats make good on a promise to cut interest rates on college student loans, Oregon students could benefit more than nearly any other state in the country.
A study released Thursday by the Public Interest Research Group, OSPIRG, found that college-bound Oregonians would save more than $4700 in loan payments. Rob Manning has more.
Democrats [...]

Friday, January 12th, 2007

High Student Loan Interest Rates Increase Burden

Forget about getting married or buying a home, instead new college graduates are worried about making next months student loan payment.
On Thursday, students, parents and the Campaign for College Affordability urged Congress to pass legislation cutting student loan interest rates.
A 22-year-old student graduating this year, who consolidates their $40,000 loan at 6.125%, will need to [...]

Friday, January 12th, 2007

Rise in student loan over-repayments

Thousands of graduates are unknowingly being overcharged for their student loans every year, according to figures obtained by the Conservative party.
Government figures show that more than 21,000 people continued making payments to the Student Loans Company last year even though they had already repaid their debt.
The figures, obtained by the Tories in a parliamentary question, [...]

Wednesday, January 3rd, 2007

NextStudent Offers Competitive Incentives to Help Promote Student Loan Borrower Choice

The Higher Education Act mandates that colleges cannot require students to fund Federal Family Education Loan Program loans through the preferred lenders suggested by their financial aid offices. Therefore, students and parents should keep in mind that it is their decision when it comes to which company funds their FFELP student loans including the subsidized [...]

Wednesday, January 3rd, 2007

ELM Resources Starts New Year with Major New Release of Its Industry Leading Student Loan Delivery System

ELM Resources, Inc. is pleased to announce the delivery of the 2006.3 release of its industry leading ELMNet student loan delivery system. This new release expands on the enhancements included in the first phase of the release launched in December and continues to deliver on ELM’s commitment to provide its customers with the most robust [...]

Wednesday, January 3rd, 2007

KUALA TERENGGANU: Student loan defaulters to face legal action

Some 38,000 students nationwide who have defaulted on study loans taken from the National Higher Education Fund Corporation (PTPTN ) will soon face punitive action.
Corporation chairman Datuk Razali Ismail told The Star Tuesday that the defaulters will face repercussions when it goes after them.
“They have failed to respond to our legal notices and [...]

Tuesday, January 2nd, 2007

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

Democrats to slash student loan rates

A diploma isn’t the only thing college graduates carry with them when they leave school.
The average student now enters the working world with $16,000 to $20,000 in student loans to repay, a burden that nearly doubled over the last decade.
House Democrats hope to reduce that debt load by slashing interest rates on some student loans [...]

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

Pay Off Your Student Loans the Smart Way

Your education is the key to launching your future. After you enter the professional world you leave the college years behind to focus on your career goals. But one thing most people can’t leave behind are student loans. Don’t let this burden continue to weigh you down, make student loan consolidation a priority on your [...]

Tuesday, December 26th, 2006

Ohio Treasurer Bradley’s Office Creates Scholarships and Fellowships for Ohio Students

The State of Ohio recently announced that $50 million in volume cap has been awarded to State Treasurer Jennette Bradley’s Office for the State of Ohio’s Ohio Centric Student Loan Program. The Ohio Centric program was established in 2000 by the State of Ohio to ensure that the State committed a portion of its annual [...]

Tuesday, December 26th, 2006

Dems plan to cut student loan cost

WASHINGTON Democratic pledges to cut student loan interest rates hold out the possibility of considerable savings for students, but also inject an element of uncertainty as students prepare to apply for financial aid in the next few weeks.
Rep. Nancy Pelosi, D-Calif., the incoming House speaker, has put cutting student loan interest rates in half among [...]

Tuesday, December 26th, 2006