american education student loans

ITT Educational Services, Inc. Announces Availability of Additional Student Funding Options

ITT Educational Services, Inc. (NYSE: ESI - News), a leading provider of technology-oriented postsecondary degree programs, announced today that it has arranged for Bank of America, Chase Education Finance and Citibank, The Student Loan Corporation to provide federal and private education loans to qualified ITT Technical Institute students and their parents for the remainder of [...]

Wednesday, January 23rd, 2008

Coushatta woman, others sentenced in college loan fraud scheme

A Coushatta woman who got student aid and loans for which she wasn’t qualified and filled in forms so others could, too, must spend nearly 3 years in prison and repay $30,500, and two relatives will serve lesser sentences.
U.S. District Judge Dee D. Drell sentenced Anita Morris, 35, to 2 years and 9 months in [...]

Wednesday, June 27th, 2007

Sallie Mae Executive Testifies Before Senate Banking Committee on Private Loans and College Affordability

Sallie Mae Senior Vice President Barry Goulding today testified at the Senate Banking Committee hearing, ‘Paying for College: The Role of Private Student Lending’ to demonstrate how Sallie Mae serves students and parents in the private education loan market.
Goulding emphasized Sallie Mae’s ‘1-2-3 approach’ to paying for college: 1) after tapping personal financial resources such [...]

Friday, June 8th, 2007

College loans: Financial aid group agrees to reform

In the most unified effort yet by colleges to reform student-loan practices, the national trade group for financial aid officers has agreed to a far-reaching code of conduct that encourages school officials to reject cash and gifts from lenders.
Also Thursday, Columbia University agreed to abide by a similar code of conduct and to pay more [...]

Sunday, June 3rd, 2007

Sallie Mae Awards 11-Year-Old Gracie Maddox $25,000 on The ‘Dr. Phil’ Show to Help Pay for College

Sallie Mae, the nation’s leading saving- and paying-for-college company, awarded $25,000 to 11-year-old Gracie Maddox on “Dr. Phil” to help pay for her college education. The presentation is part of Sallie Mae’s ongoing awareness campaign to remind students and families that college is possible. Dr. Phil McGraw presented the award to Gracie on behalf of [...]

Wednesday, May 23rd, 2007

American Student Assistance Selects Learn.com LearnCenter Platform to Automate Training and Reach Corporate Objectives

Learn.com®, the leader in on-demand workforce development and productivity, announced today that American Student Assistance (ASA), the nation’s original student loan guarantor, headquartered in Boston, Massachusetts, has selected the LearnCenter® talent management suite to develop, deliver, and track interactive on-demand training and development for employees of all levels throughout their organization.
“After reviewing the talent management [...]

Sunday, February 25th, 2007

Promise Scholarship deadline draws near

High school students applying for the state’s Promise Scholarship and other West Virginia students seeking financial aid for higher education should mark their calendars.
The deadline to apply for the merit-based scholarship and to file a federal financial aid application is March 1.
The FAFSA — Free Application for Federal Student Aid — must be filed by [...]

Monday, February 19th, 2007

House to pass student loan interest bill

Ready to pass a cut in student loan interest rates, House members on Wednesday clashed over education priorities — helping college graduates pay off debts or expanding federal grants for low-income students.
Democrats were pushing the interest rate bill through without amendments, eager to check off one more accomplishment in their list of early legislative goals. [...]

Thursday, January 18th, 2007

Apply Now for Financial Aid for 2007-08 Academic Year

Spellings also met today with a group of undergraduate and graduate college students to hear their ideas for streamlining the aid process and making college more affordable.
“Billions of dollars in federal assistance are available to help pay for postsecondary education, and, contrary to popular belief, most families are eligible for some financial aid to pay [...]

Friday, January 12th, 2007

Plan to cut college loan interest could save grads thousands

A proposal before Congress that would halve interest on federally subsidized student loans in the next five years would save students thousands of dollars, according to an analysis by the Massachusetts Public Interest Research Group.
The so-called College Student Relief Act of 2007 is expected to be voted on next week by the House of Representatives [...]

Friday, January 12th, 2007

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

International students eligible for financial aid

Stanford University is preparing a plan to offer financial aid to international undergraduate students — an expensive and ambitious move that would open up a whole world, literally, of new applicants.
“We live in a global environment,” said Richard Shaw, Stanford’s dean of admissions and financial aid. “The idea that we can bring together the best [...]

Friday, October 27th, 2006