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 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.

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 [...]

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, [...]

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 [...]

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 [...]

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 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 [...]

The engrossed budget proposal the state House of Representatives released at the end of March includes $8 million for college financial aid, an increase of $3 million from the previous school year.
It still didn’t meet the $13.4 million requested by Gov. Janet Napolitano and the Arizona Board of Regents.
“Our goal was to make sure that [...]

Maria College has received a $7,500 grant from the New York State Higher Education Services Corp. to implement an online course to teach students about their finances.
The course is designed to educate students at the Albany, N.Y., college, and others, about student loans and repayment practices, as well as to equip them with practical financial [...]