Search result for ‘student loan repayment law

Read the fine print before you consolidate that student loan

If you plan to graduate from college this spring, your mailbox may soon be filled with congratulatory cards from family friends, checks from distant relatives and reminders from your alma mater that your diploma will be rescinded unless you pay your overdue parking tickets. But if you borrowed to pay for college, much of your [...]

June 8th, 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 [...]

June 8th, 2007

Student Loan Consolidation Company Leader Paul Simino of OneSimpleLoan® Named Ernst & Young Entrepreneur Of The Year® 2007 Award Finalist in Florida

OneSimpleLoan® http://www.OneSimpleLoan.com, a student loan finance and consulting firm specializing in student loan consolidation, today announced that President & CEO Paul J. Simino is a finalist for the Ernst & Young Entrepreneur of the Year® 2007 Award in the Florida region. According to Ernst & Young, the awards program was designed to recognize outstanding entrepreneurs [...]

June 8th, 2007

Student loan scandal: Effects on consolidation

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 [...]

May 13th, 2007

Inquiry into student loan industry widens

Investigations by U.S. lawmakers into the student loan industry expanded as Reps George Miller, D-Calif., and chairman of the House education committee, sent a letter to the inspector general of the Education Department asking for a review of the department’s policies against conflicts of interest and the financial disclosure forms of employees overseeing the federal [...]

April 28th, 2007

Lawmaker proposes bill for NMC loan

A lawmaker has proposed a bill to the Legislature that would allow the cash-strapped Northern Marianas College to enter into a loan for its campus renovation.
Rep. Arnold I. Palacios introduced to the House last Feb. 19 House Bill No. 15-222 to authorize NMC to engage into a commercial loan agreement for the sum of $250,000 [...]

February 25th, 2007

Student loan terms could soon be revised

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 [...]

February 5th, 2007

KUALA TERENGGANU: Student loan defaulters to face legal action

Some 38,000 students nationwide who have defaulted on study loans taken from the National Higher Education Fund Corporation (PTPTN ) will soon face punitive action.
Corporation chairman Datuk Razali Ismail told The Star Tuesday that the defaulters will face repercussions when it goes after them.
“They have failed to respond to our legal notices and [...]

January 2nd, 2007

Rwanda: Student Loan Recovery for Next Year

The Students Financing Agency for Rwanda (SFAR) has finalised arrangements to ensure that beneficiaries of education loans start repaying them early next year. Speaking during a one-day consultative workshop at the Intercontinental Hotel Tuesday 12, the SFAR Director General, Emmanuel Muvunyi said all the necessary provisions were in place for effective recovery. The workshop was [...]

December 17th, 2006

College financing in 2006: A year of change

New grant programs. Higher interest rates for student loans. A permanent tax exemption for 529 savings plans. In the college financing arena, the hottest trend in 2006 seemed to be change itself. A little tinkering here. Some sweeping overhauls there. What it all means depends on your personal circumstances. But no matter where you are [...]

November 29th, 2006