A lawsuit seeking to stop Missouri’s student loan agency from supplying money to Gov. Matt Blunt’s college construction plan has been dropped.
A Cole County judge had denied a request in September to temporarily bar the Missouri Higher Education Loan Authority from paying the first installment of Blunt’s $350 million plan. Although the initial request failed, [...]
The House on Wednesday approved far-reaching changes in student aid programs, voting to slash $19 billion in federal subsidies to student lenders over five years, while increasing grants for needy students and halving interest rates on federally backed loans with the savings.
The bill passed 273-149, in a sometimes-raucous debate, with 47 Republicans joining Democrats, who [...]
It’s a good thing you got that college education. You can put it to good use navigating the complex maze that is the student loan industry as you consider whether to consolidate your federal student loans.
For those who have never done it, it’s a question that comes up every year in anticipation of the [...]
Congressional leaders are moving briskly ahead on bills that would dramatically cut interest rates on student loans for some borrowers.
Although the measures have yet to become law, one has been approved in the House and a similar proposal has passed a key Senate committee. Experts say this is a sign that lending reforms are likely [...]
COLLEGE COSTS can be daunting. A year at the University of Massachusetts-Amherst costs Massachusetts residents more than $17,000. A year at a private college can run more than $45,000. At those prices, some students fall into a tuition gap. Even with financial aid, they do not have enough money to pay all their college bills, [...]
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 [...]
As higher loan rates hit students this weekend, Democrats in the U.S. Senate are pitching a measure to cut interest rates and beef up financial aid to college students.
The timing and broad goals of the legislation, however, have some Utah education and political leaders worried it may just be [...]
As higher loan rates hit students this weekend, Democrats in the U.S. Senate are pitching a measure to cut interest rates and beef up financial aid to college students.
The timing and broad goals of the legislation, however, have some Utah education and political leaders worried it may just be [...]
College students with multiple government-backed loans may want to consider consolidating them before interest rates go up July 1, says Indiana State University’s director of student financial aid.
“I think there’s a good potential for savings right now,†said Tom Ratliff, ISU financial aid director.
Current interest rates “are very attractive,†he said.
Students will have to act [...]
Think your college boards were hard? What about those college financial aid offers? They can make your SATs look like Scrabble Junior.
If you were accepted by several schools, there’s a good chance you also received offers of financial aid. Comparing them isn’t easy. The award letters typically contain combinations of scholarships, grants, work-study and loans.
Some [...]
Millions of high school seniors have until May 1 to decide where they are going to college. One of the critical factors in the decision is money — as in how much aid colleges are offering.
The financial aid merry-go round is in full swing as families compare packages and, in some cases, try to pit [...]