student loan college loans

Student Funding Group Announces New Private Loan Products

Student Funding Group, LLC (StuFund) announced that it will be offering a number of new private student loan products. Some of these loans will feature no fees and are designed for students looking to finance their college education or consolidate private loan debt.
The StuFund Solutions Loan will have zero fees and offer competitive rates. “Our [...]

Wednesday, January 23rd, 2008

Wilson will use NSF grant for scholarships

Wilson College was recently awarded $313,275 in grant funds from the National Science Foundation’s Scholarships in Science, Technology, Engineering and Mathematics program.
The grant will be used to provide scholarships of up to $10,000 a year for full-time female students majoring in biology or chemistry.
The scholarships will be available beginning with the fall 2008 semester, according [...]

Thursday, December 20th, 2007

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

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

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

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

3 Schools Act To Settle College Loan Questions

Three private colleges in Connecticut will add a total of $75,000 to their scholarship funds to settle allegations of questionable arrangements with a student loan agency, Attorney General Richard Blumenthal said Monday.
Trinity College, Fairfield University and Sacred Heart University all denied any wrongdoing but agreed to abide by a code of conduct that would no [...]

Wednesday, August 29th, 2007

House OKs Pell grant increase, lower college-loan interest rates

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 [...]

Friday, July 13th, 2007

College Cost Reduction Act

College is becoming more affordable for students with loans.
Legislature passed the College Cost Reduction Act today.
The 18-billion dollar investment will go towards student loan and Pell Grant aid for over five years. It is expected to save students and families thousands of dollars over the typical loan for a four-year-school.

Friday, July 13th, 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

New law increases student loan limits

College students will be able to borrow more from Uncle Sam and pay less in fees to lenders under a federal law that takes effect this week.
It will be the first time that the annual limits on federal Stafford Loans have increased since 1992. Over the same time period, tuition rates have more than doubled.
The [...]

Saturday, July 7th, 2007