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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

MyRichUncle Stops Making Student Loans, Files for Bankruptcy
18 February 09 05:06 PM | Student Loan Girl | 0 Comments   

MyRichUncle, the student loan company that “caustically ridiculed the financial ties between colleges and student loan companies” has filed for Chapter 7 bankruptcy, The Chronicle of Higher Education reports (“ Student-Loan Industry’s Caustic Rebel Now Read More...

Filed under: admissions offices, Andrew Cuomo, bankruptcy, Chronicle of Higher Education, college loans, college planning company, Cuomo investigation of student loan lenders, deceptive marketing practices, Embark, Financial Aid Officers, lender code of conduct, MyRichUncle, NextStudent, student loan companies, student loans, The Princeton Review

Survey Shows New England Families Can Still Access Federal Student Loans, Despite Loss of Lenders
11 September 08 03:29 PM | Student Loan Girl | 0 Comments   

According to a regional survey of financial aid officers from 214 New England colleges and universities, students and parents have had few problems accessing federal student loans this year, but financial aid administrators have lingering doubts about Read More...

Filed under: aid administrators, college loans, college parents, college students, fallout, Federal Family Education Loan Program, federal student loan access, federal student loan programs, federal student loans, federal subsidies, FFELP, FFELP lenders, FFELP loans, financial aid, Financial Aid Officers, legislation, NEBHE, NEC, New England Board of Higher Education, New England borrowers, New England Council, New England families, new student loan provider, NextStudent, private lenders, student loans, subprime mortgage crisis, third-party lenders

Online Ordering Causing Mailroom Mayhem on College Campuses
27 December 07 11:46 PM | Student Loan Girl | 0 Comments   

The internet has completely changed the way college campuses operate, from class offerings and registration to college admissions and financial aid services. Now the technology is changing the way campuses deliver and receive mail. As more college students Read More...

Filed under: advice, air conditioners, American Express, AmEx, ant farms, Arizona State University, ASU, barbecues, bizarre, Blog, car tires, college, College Admissions, college campuses, college mail, college students, debt, dishwashers, dorm rooms, finance, Financial Aid Officers, financial magazine, Internet, Jeff Urdahl, Jonathan D. Glater, mail, Mailroom Management, Master Card, National Retail Foundation, New York Times, NextStudent, online shopping, School, shop.org, shopping, student loans, SUNY Binghamton, technology, University of Southern California, UPS, USC, Visa, Web, Young Money

New York Probe on the Student Loan Industry
20 March 07 05:14 PM | Student Loan Girl | 4 Comments   

On Nov. 7, 2006 Andrew Cuomo was elected the 64th attorney general of the state of New York, and shortly thereafter launched a nationwide investigation into student loan practices at more than 400 universities across the nation, including some of the Read More...

Filed under: Andrew Cuomo, Financial Aid Officers, National Council of Higher Education Loan Programs, Nelnet, NextStudent, preferred lender lists, Sallie Mae, Student Loan Practices

Financial Aid Officers on the Take?
15 March 07 09:56 PM | Student Loan Girl | 0 Comments   

Definitely not, but that is the implied accusation from the U.S. Department of Education regarding its intentions to toughen lender oversight policies, according to a March 13, 2007 article by Doug Lederman titled “Change of Heart on Lender Oversight” Read More...

Filed under: financial aid, Financial Aid Officers, NextStudent, U.S. Department of Education