Posts tagged with ‘Loans

Tennessee Center for Nursing meets scholarship goal

August 19th, 2007

Tennessee’s Graduate Nursing Loan Forgiveness Program has reached its $1.4 million goal to fund nursing education in Tennessee.
The money was raised through public and private contributions by health care organizations across the state.
The program was signed into law in 2006 to counteract a nursing faculty shortage in Tennessee.
The U.S. Department of Labor [...]

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

July 13th, 2007

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 [...]

College Cost Reduction Act

July 13th, 2007

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.

Is there student loan help for members of armed forces?

July 7th, 2007

Brad Roae is a state representative from the Sixth District.
Question: Is there any help available for members of the armed forces who served in the Middle East and are now having trouble paying their student loans?
Answer: Yes. The Pennsylvania Higher Education Assistance Agency (PHEAA) has extended the Armed Forces Loan Forgiveness Program to provide a [...]

NextStudent Urges Wisdom When Considering College Debt Repayment Strategy

July 7th, 2007

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, [...]

New law increases student loan limits

July 7th, 2007

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 [...]

Loan limits increase for college students

July 7th, 2007

A federal law that takes effect this week spells more money in the pockets of college undergraduates who borrow from Uncle Sam.
The new law changes the annual Stafford loan limits for students who qualify for financial aid. The change provides an additional $875 per year for freshmen and $1,000 per year for sophomores. The $5,500 [...]

Schumer pushes for college-loan disclosure

July 7th, 2007

Charles Schumer learned about the misleading nature of college loans the hard way.
With his youngest daughter heading off to college and the older one entering law school, the U.S. senator knew he needed to look into loans.
“I tried to go through the process with her,” he said. “It’s totally confusing.”
Specifically, it was difficult to tell [...]

AGs urge Senate to protect students from deceptive loan practices

July 7th, 2007

Attorney General Charles C. Foti, Jr., joined by 31 Attorneys General, urged the U.S. Senate to enact The Student Loan Sunshine Act, a new federal law to safeguard students and families nationwide from deceptive practices in the college loan industry.
The House of Representatives recently passed this legislation in a virtually unanimous vote of 414-3.
In a [...]

2Futuro Announces $2,000 in Scholarship Awards

July 7th, 2007

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 [...]


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