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Grads urged to lock in college loan rates

College costs keep spiraling upward, and now the cost of borrowing to pay for higher education is about to spike, too.
Students and their parents have taken comfort in a half-decade of ultra-cheap college loans, loading up on debt to cover the bills. About 8 million people borrowed $60 billion this year in education loans issued [...]

Friday, June 23rd, 2006

College loan rates go up July 1

As college costs spiral upward, the cost of borrowing to pay for higher education is about to spike, too.
Students and their parents have benefited from a half-decade of ultra-cheap college loans, loading up on debt to cover their bills. About 8 million people borrowed a total $60 billion this year in education loans issued or [...]

Wednesday, June 21st, 2006

Strategies for getting college financial aid

College financial aid packages can include a combination of low-interest loans, federal work study and grants or scholarships that need not be repaid. The more desirable your child is to the college, the larger percentage of grants and scholarships he or she will receive.
So how do you position yourself to score the most aid dollars [...]

Tuesday, May 16th, 2006

Loan changes hit college costs

It’s time to revisit a cardinal rule about paying for college.
The time-honored advice is to plan carefully and years in advance of when the money will be needed.
Federal education loans have long been counted on by many families to finance at least a portion of college expenses, and when other resources such as savings and [...]

Friday, April 28th, 2006

Citibank Offers Graduate Students Opportunity to Secure Federal PLUS Loan Funds; Company Ready to Accept & Process Applications

The Student Loan Corporation, a subsidiary of Citibank N.A., and a leading originator of student loans, today announced that graduate and professional students can now conveniently apply online for a Citibank Graduate Federal PLUS Loan for school certification on or after July 1, 2006.
“Not only is Citibank making applying for the PLUS Loan as easy [...]

Thursday, April 27th, 2006