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Technical College May Lose Ability to Offer Federal Financial Aid For Violating Newly-Relaxed Aid Rule
20 August 08 01:05 PM | Student Loan Girl | 0 Comments   

Star Technical Institute , a technical college in New Jersey, may not be able to offer federal financial aid to students at two of its seven campuses for allegedly violating a federal law that requires colleges to obtain 10 percent or more of their revenues Read More...

Filed under: 90-10 Rule, Chronicle of Higher Education, college financial aid, college loans, College Opportunity and Affordability Act of 2008, college tuition hike, Department of Education, federal student loans, financial aid, H.R. 4137, Karen Manin, NextStudent, Paul Basken, paying for college, Stafford student loans, Star Technical Institute, student loans

New Law May Simplify College Financial Aid Form
05 August 08 05:55 PM | Student Loan Girl | 0 Comments   

Students and parents could spend less time filling out the Free Application for Federal Student Aid under a new provision of The Higher Education Opportunity Act of 2008 , according to an article in The Austin American-Statesman , (“ New Law to Trim College Read More...

Filed under: college financial aid, College Tuition, Congress and the Education Department Move to Simplify the Student-Aid Process, Department of Education, FAFSA, financial aid, Free Application for Federal Student Aid, Institute for College Access and Success, Internal Revenue Service, IRS, Jason Embry, Lauren Smith, New Law to Trim College Financial Aid Form, NextStudent, Rep. George Miller, The Higher Education Opportunity Act of 2008, tuition, U.S House of Representatives

Education Department at Fault for Low Participation in Grant Programs, Audit Shows
04 August 08 05:58 PM | Student Loan Girl | 0 Comments   

In an audit of the Department of Education , the department’s own inspector general blames the lack of participation in the government’s Academic Competitiveness and National Smart Grant programs on his department’s failure to effectively promote the Read More...

Filed under: Academic Competitiveness Grants, college loans, Department of Education, Education Department, Education Department inspector general, education secretary, federal financial aid, financial aid, Low-Income Students, Margaret Spellings, National Smart Grant, NextStudent, Pell Grant, student loans

Unfinished Business: Congress May Break Before Higher-Ed Bills Reviewed
03 July 08 04:08 PM | Student Loan Girl | 0 Comments   

While Congress is heading home for its annual Fourth of July recess, there are still many higher-education bills and pieces of legislation that need to be addressed before they break, according to an article in The Chronicle of Higher Education (“ Higher- Read More...

Filed under: college, college loans, Department of Education, financial aid, Higher Education Act, National Institutes of Health, NextStudent, Pell Grant Increase, student financial aid, student loans, The Chronicle of Higher Education, tuition

In Fight to Lower Tuition, Small Universities May Be Harmed
25 June 08 03:43 PM | Student Loan Girl | 0 Comments   

Some small U.S. colleges and universities are concerned that they may be the target of a new bill that would force schools with multi -billion dollar endowments, like Harvard , to reduce their tuition costs, and place other high-tuition institutions without Read More...

Filed under: Bard College, Bates College, Buck McKeon, college, college loans, college wall of shame, college watch list, Department of Education, Edward Kennedy, financial aid, Harvard, Higher Education Act, Loans, NextStudent, Oliver Staley, reauthorized Higher Education Act, Rep. Buck McKeon, Sen. Edward Kennedy, skyrocketing tuition, student loans, tuition, wall of shame

Word to the Wise on New Loan Forgiveness Programs: You May Not Qualify
10 June 08 03:56 PM | Student Loan Girl | 1 Comments   

College students looking to relieve their federal student loan debt “will be sorely disappointed” with the government’s new loan forgiveness programs that will begin in 2009, according to an article in U.S. News & World Report (“ The Problem with Read More...

Filed under: college, college loans, College Savings Foundation, Department of Education, financial aid, Income-Based Repayment, Kim Clark, NextStudent, Project on Student Debt, student loans, tuition, U.S. News & World Report

Availability of Federal Perkins Student Loans Is Dwindling
13 April 08 10:28 AM | Student Loan Girl | 0 Comments   

A growing shortage of funds in the federal Perkins student loan program could affect as many as 50,000 students in the upcoming academic year, according to a recent article in U.S. News & World Report . Students who would have been eligible to receive Read More...

Filed under: college, college loans, Department of Education, financial aid, funding, graduate students, Interest Rates, Kim Clark, Loans, Michigan State University, MSU, NextStudent, Ohio University, Perkins Loan Program, Perkins loans, Rick Shipman, State News, student loans, subsidized, U.S. News & World Report, undergraduate, University of Maryland

Pell Grant Gets Welcome Boost in 2007-2008 Budget Plans
06 February 07 10:14 PM | Student Loan Girl | 0 Comments   

In previous blogs, I addressed that college education is becoming more and more unobtainable for low-income students. Many are opting out of the system, choosing to attend community colleges or not to attend at all, since the debt load required for attendance Read More...

Filed under: College Funding, Consolidation, Department of Education, financial aid, higher education, Next Student, NextStudent, Pell Grant, student loan consolidation, student loans, Supplemental Educational Opportunity Grant Program

Education and the Budget Proposal for FY08
05 February 07 09:44 PM | Student Loan Girl | 0 Comments   

Good news for the Department of Education, as it looks like the White House is set to increase the Pell Grant even more than the $260 proposed by the Democrat’s “Joint Funding Resolution” that I reported on Thursday, Feb. 1, 2007. According to a briefing Read More...

Filed under: College Funding, Consolidation, Department of Education, financial aid, Next Student, NextStudent, Pell Grants, student loan consolidation, student loans

Grant Process Closed on Strengthening Institutions Program
31 January 07 09:55 PM | Student Loan Girl | 0 Comments   

Grants are an important source of funding for any institution and organization in need of money. Not only do grants help students defray the cost of attendance, they also help colleges keep their tuition costs in check because awarded funds can help strengthen Read More...

Filed under: College Funding, Community Colleges, Consolidation, Department of Education, federal grants, financial aid, Next Student, NextStudent, Scholarships, Strengthening Institutions Program, student loan consolidation, student loans

U.S. Education Department’s Official on Accreditation Leaves Job
29 January 07 10:06 PM | Student Loan Girl | 7 Comments   

According to a Jan. 29, 2007 article titled “ U.S. Accreditation Official Out of a Job” written by Doug Lederman that appeared in Inside Higher Ed , John W. Barth, the director of accreditation and state liaison at the Department of Education, has transferred Read More...

Filed under: accreditation, College Funding, Consolidation, Department of Education, federal student aid, financial aid, Next Student, NextStudent, student loan consolidation, student loans

Private Student Loans: Who Gets Them and Why?
21 December 06 10:21 PM | Student Loan Girl | 0 Comments   

When the federal funds run dry and you still need more money to cover the costs of college, what do you do? Well, many students turn to private loans in order to foot the ever-increasing collegiate tuition bill. Private student loans can cover everything Read More...

Filed under: College Funding, Consolidation, Department of Education, financial aid, Next Student, NextStudent, private student loans, Stafford Loans, student loan consolidation, student loans

Students Have a Choice of Lenders, Colleges May be Required to Make that Clear
20 December 06 10:34 PM | Student Loan Girl | 0 Comments   

So, you get accepted to college, fill out your FAFSA, receive your SAR, and see that you can take out an unsubsidized Stafford loan and your parents can take out a PLUS loan. Well, what do you do now? You find a lender, and most students ask the financial Read More...

Filed under: College Funding, Consolidation, Department of Education, financial aid, Lending Disclosures, Next Student, NextStudent, Preferred Lenders, student loan consolidation, student loans