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Students Could Wave Goodbye to Merit–Based Federal Aid
25 June 09 09:41 AM | Student Loan Girl | 1 Comments   

In another move to restructure the federal financial aid system, President Obama has proposed ending the government’s five-year foray into merit-based student aid and redirecting those financial aid funds to the need-based Pell Grant program, reports Read More...

Filed under: Academic Competitiveness Grants, college, college grants, college loans, Department of Education, Education department inspector general, Education Department, education secretary, federal financial aid system, federal financial aid, federal grants, Financial Aid Officers, foreign language grants, freshman grants, junior grants, low income students, Margaret Spellings, math grants, merit aid, National Science and Mathematics Access to Retain Talent grants, need based aid, NextStudent, Obama proposals, Pell Grant program, Pell Grants, science grants, senior grants, SMART Grants, sophomore grants, Student Aid, Student Loan Legislation, the american council on education, The Chronicle of Higher Education

FBI Investigates California College That Overpaid Financial Aid to Some Students, Underpaid Others
13 October 08 06:32 PM | Student Loan Girl | 1 Comments   

A California community college is being investigated by the FBI and the Department of Education for overpaying students more than $327,000 in financial aid during the 2005–06 school year, reports the Contra Costa Times (“ Berkeley City College Overpaid Read More...

Filed under: Berkeley City College, college loans, community college, Contra Costa Times, Department of Education, FBI, financial aid, financial aid directors, NextStudent, Pell Grant recipients, Pell Grants, Robert Vergas, student loans

Government Warns: Pell Grant Program in Trouble
22 September 08 02:47 PM | Student Loan Girl | 0 Comments   

Without additional taxpayer funds next year, the government’s “most important” federal financial aid program may be unable to provide Pell Grants to millions of eligible low-income students, likely pricing these students out of a higher education, according Read More...

Filed under: American Association of Collegiate Registrars and Admissions Officers, American Association of State Colleges and Universities, Barmak Nassirian, budget shortages, budget shortfalls, college, college loans, College Tuition, Congress, Continuing Education, Department of Education, Edward M. Elmendorf, federal budget cuts, federal financial aid, federal grants, financial aid programs, grant programs, Low-Income Students, NextStudent, Pell Grant program, Pell Grants, private student loans, Scholarships, state budget cuts, state budgets, student loans, The New York Times, tuition costs

College Student Loan/Aid Programs: TRUE Reform Forthcoming?
27 February 07 06:16 PM | Student Loan Girl | 0 Comments   

In the midst of the plethora of democratic legislation being in limbo (STAR Act, Sunshine Act, Student Debt Relief Act, H.R. 5, still pending), the U.S. Department of Education appears to be doing something fresh and original. Instead of devising ways Read More...

Filed under: Commission on the Future of Higher Education, Department of Education, H.R. 5, NextStudent, Pell Grants, STAR Act, Student Debt Relief Act, Sunshine Act

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