scholarships to pay off student loans

How college financial aid works

It is in the government’s best interest that its citizens be well educated. For that reason, there is a system to provide college monies for those who can demonstrate need.
To qualify for financial aid, a student must complete the FAFSA (www.fafsa.ed.gov) either on paper or online. Using the information from the FAFSA, the government determines [...]

Wednesday, November 28th, 2007

Lawsuit dismissed against student loan agency

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, [...]

Wednesday, November 28th, 2007

Study up before taking out private-lender student loan

With college costs continuing to rise, parents and students are increasingly turning to private lenders to cover the cost of tuition.
From 1995 to 2006, the amount of money borrowed from private lenders to pay for college rose from $1.3 billion to $17.3 billion, according to MSN Money columnist Liz Pulliam Weston. Why should this concern [...]

Sunday, October 14th, 2007

NextStudent Urges Wisdom When Considering College Debt Repayment Strategy

Graduating college students across the country recently have received their degrees and are taking their first steps into the real world, which includes repaying their student loans. According to NextStudent, a leading Phoenix-based education funding company, composing a strategy for repaying college student debt is simple, once borrowers are armed with accurate, easily applicable information.
Fortunately, [...]

Saturday, July 7th, 2007

2Futuro Announces $2,000 in Scholarship Awards

2Futuro is pleased to announce the awards of two scholarships of $1,000 each to Mayra Alvarez, a student at California State University, Los Angeles, and Jason Gates, a student at the University of Oklahoma Health Sciences Center in Oklahoma City. They are the first recipients of scholarships awarded through random monthly drawings that 2Futuro conducts [...]

Saturday, July 7th, 2007

TAMIU urges students to apply for fall financial aid

Students planning to attend Texas A&M International University in the fall should apply for financial aid before August to take advantage of the maximum range of financial assistance available, an administrator said.Laura Elizondo, director of financial aid, said TAMIU awarded more than $27 million in financial aid last year. She said students should apply before [...]

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

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

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

U.S. worried by lenders’ mining of student data

Some lending companies with access to a national database that contains confidential information on 60 million student borrowers have repeatedly searched it in ways that violate federal rules, raising alarms about data mining and abuse of privacy, government and university officials said.
The improper searching has grown so pervasive that officials said the Education Department is [...]

Monday, April 16th, 2007

New SHU program creates full-tuition scholarship

Starting in the academic year of 2007-08, Seton Hill University (SHU) will offer a new scholarship available to incoming freshman.
This is the new “Seton Scholars” program, and four incoming freshman will be chosen to receive a full-tuition scholarship, renewable for four years, valued at $100,000 each.
One scholarship will be offered in each academic division-one in [...]

Thursday, March 15th, 2007

Student loan agency raises Rendell’s ire

HARRISBURG - The state’s student loan agency, already the focus of negative publicity for its travel expenses, has a new critic.
The governor.
“It has to have a total housecleaning,” Gov. Rendell said of the Pennsylvania Higher Education Assistance Agency. “When the cost of college is more and more challenging to Pennsylvanians and their families, we can’t [...]

Friday, March 9th, 2007