free money for college student loan

Financial aid packages still available

As many colleges, including ISU, have begun mailing their financial-aid award letters this month, students can still consider their options to obtain more monetary assistance for the upcoming school year.
Although a House committee approved increasing the four-year undergraduate loan limit from $23,000 to $31,000, help is unlikely to come quick enough to impact those [...]

Monday, April 28th, 2008

Prepare for college, too, parents told

Three professionals who work in the fields of finance or education tried to better prepare parents on what to expect to pay for college at the “ Paying for College Without Going Broke” seminar Tuesday evening at the Fayetteville Public Library.
Anne Butt, a Fayetteville High School college and career advisor, Bryan Hembree, director of academic [...]

Wednesday, November 7th, 2007

Academic Financial Solutions Advises Recent Graduates Not to Delay on College Loan Consolidation

Academic Financial Solutions, a leading student loan debt consolidation company based in Tampa, Florida, alerts college graduates who graduated last May or June not to delay on college loan consolidation.
“Waiting to consolidate will be costly,” says Michael Babb, President of Academic Financial Solutions. “Many student loan borrowers don’t realize that their six-month grace period is [...]

Wednesday, November 7th, 2007

College funds for foster children mostly unused

Stacy Maciuk, a 24-year-old who went through Tennessee’s foster care system, lobbied the state’s General Assembly as a college student in support of a foster child tuition grant program.
The Nashville resident said her argument to lawmakers was simple: Invest in these youths now or pay for them later to be in prison, on welfare or [...]

Tuesday, September 4th, 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

How to borrow for college: A basic primer

If they haven’t already, millions of seniors graduating from high school will turn their attention over the next few weeks to paying for college.
Scholarships and grants — which don’t have to be paid back — are the best option, of course. But not everyone has the academic record for merit aid, or a great jump [...]

Wednesday, May 23rd, 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

CIT agrees to $3M student loan settlement

New York Attorney General Andrew Cuomo’s office said Thursday it reached a settlement with CIT Group Inc. and CIT’s Student Loan Xpress unit arising from the state’s investigation of abuses in the U.S. student loan business.
The New York-based commercial and consumer lender agreed to pay $3 million into a fund that will educate students about [...]

Sunday, May 13th, 2007

Learn debt’s dangers before going to college

Q. I will be attending college in the fall, and like many other graduating seniors I am worried about managing my finances. I plan to attend the School of Visual Arts and, like many art conservatories, it is very expensive. I have no job experience or a savings or checking account, and I know [...]

Sunday, May 13th, 2007

Student Loan Network Announces First Quarter 2007 Scholarship Winners

ScholarshipPoints.com, a free service from the Student Loan Network, has announced its first quarter scholarship winners. Chris Wendorf, University of Wisconsin - Milwaukee, received the first-place scholarship of $1000; Jonald Allan Gonzalez, Brigham Young University - Hawaii, received the second-place $500 scholarship; and Helen Hawkey, University of Pittsburgh, took the third-place $250 scholarship. All three [...]

Tuesday, April 24th, 2007

Federal tax legislation has made 529 savings plans the preferred way to save for college.

For years, as college costs have climbed to back-breaking levels, more families have begun socking money in tax-advantaged 529 savings plans. Now, as these 529 plans mark their 10th anniversary this year, they are fast becoming the principal way for parents and grandparents to save for college.
Why? Costs associated with the plans have dropped. Investment [...]

Sunday, February 25th, 2007

College financial aid to increase

Katie Schaefer of Leola might find it easier to pay for college in the coming years.
Schaefer is a sophomore elementary and special education major at Northern State University. She has scholarships, grants and loans to pay for her education.
President Bush recently signed a law increasing the maximum yearly Pell Grant to $4,310, up $260. Yearly [...]

Sunday, February 25th, 2007