With student loan interest rates set to rise between 1.5 and 2 percentage points on July 1, students and graduates should put a student loan consolidation application on the top of their reading list this spring. In the race to beat the rate hike, Sallie Mae, the nation’s largest consolidator of student loans, cautions borrowers [...]
Student Funding Group, LLC. - - or StuFund — today launched its student loan business, offering FFEL and private loans to college-bound students nationwide, and support services to help families navigate the maze of educational lending options on the market.
The new company, believed to be the first minority enterprise in the student loan origination arena, [...]
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 [...]
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 [...]
College Loan Corporation, the nation’s seventh largest student loan provider, today announced that it was chosen as a finalist in the “Best Customer Service” category for the 2006 American Business Award, more commonly known as the “Stevie(tm).”
Hailed as “the business world’s own Oscars” by the New York Post, the American Business Awards are the [...]
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 [...]
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 (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 [...]
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 [...]
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 [...]