Posts tagged with ‘Loans

Borrowing for college to get pricey

May 16th, 2006

Around this time of the year, anxious high school students find out whether they’ve been accepted by the college of their choice. For their parents, there’s the added anxiety of how to pay for that college education.
If you’ve got college loans, the magic date is July 1 — when the interest rates are set to [...]

Paying For College

May 16th, 2006

With tuition rates spiraling upward each year at most colleges and universities, it’s no secret earning that college degree comes with a hefty price tag.
According to “The College Board”, on average, you’ll pay a little over thirty thousand dollars a year for a private school, adding up to a whopping hundred and thirty thousand dollars [...]

Strategies for getting college financial aid

May 16th, 2006

College financial aid packages can include a combination of low-interest loans, federal work study and grants or scholarships that need not be repaid. The more desirable your child is to the college, the larger percentage of grants and scholarships he or she will receive.
So how do you position yourself to score the most aid dollars [...]

Consolidate college loans to avoid rate hike

May 16th, 2006

Still paying off college loans? You should know the interest rates on federal loans are headed higher — much higher.
The U.S. Department of Education on May 30 will announce new interest rates for subsidized Stafford loans and Parent Loans for Undergraduate Students, or PLUS loans. Financial aid experts expect interest rates, pegged to increases in [...]

Loan program increases grants for Montana college students

May 16th, 2006

A state student-loan program this year is increasing to $500,000 its direct grants to Montana college students, to help those having difficulty paying education bills.
The amount for the 2006 school year is more than twice the $200,000 in grants financed last year by the Montana Guaranteed Student Loan Program, which administers a variety of student-aid [...]

More grants offered to college students

May 16th, 2006

A state student-loan program this year is increasing to $500,000 its direct grants to Montana college students, to help those having difficulty paying education bills.
The amount for the 2006 school year is more than twice the $200,000 in grants financed last year by the Montana Guaranteed Student Loan Program, which administers a variety of student-aid [...]

Helios Education Foundation Establishes Headquarters in Arizona and Announces Grant to the Arizona College Scholarship Foundation

May 16th, 2006

Helios Education Foundation (Helios) announced today its new corporate headquarters in Phoenix, Arizona. The non-profit education foundation supports initiatives that encourage participation, increase access, and enrich the learning experience leading to the successful completion of post-secondary education for Arizona and Florida residents. Helios occupies approximately 6,000 square feet of office space in the Esplanade office [...]

More than 100 scholarships awarded to Portage seniors

May 16th, 2006

A good education is its own reward, but sometimes a reward of the monetary kind feels pretty good too. Monday night dozens of Portage High School seniors on their way to college and technical schools had the opportunity to stand up and be recognized for scholarships they earned to further their own educations.
More than [...]

Student loan loophole about to close

May 15th, 2006

A year ago, hundreds of thousands of students rushed to take advantage of a loophole allowing them to consolidate their student loans before they graduated and lock in the lowest interest rates in the history of the Federal Family Education Loan Program.
Now the loophole is closing, and while rates have moved higher, students and parents [...]

Student Loan Rates Set for Record Increase; Fed Rate Hike Makes It Vital for Students and Parents to Consolidate Loans Now

May 13th, 2006

Yesterday, the Federal Reserve unexpectedly raised target short-term interest rates to their highest level in five years, making it increasingly likely that interest rates on existing student loans, which are tied to the 91-day T-bill and reset on May 30, will rise by the highest margin in the student loan program’s history. Students, parents [...]


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