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Kentucky Set to Buy $50 Million Bond So Students Can Get College Loans
18 August 08 03:57 PM | Student Loan Girl | 0 Comments   

To ensure that Kentucky students get the money they need to pay for school, Kentucky Gov. Steve Beshear has authorized the state to buy a $50 million bond from the state’s student loan agency just before fall classes get underway, reports the Lexington Read More...

Filed under: bond sale, bridge financing, bridge loan, cash-strapped lenders, college loans, Education Department, Ensuring Continued Access to Student Loans Act, financial aid, H.R. 5715, Kentucky Higher Education Assistance Authority, Kentucky Post, Kentucky students, Lexington Herald-Leader, Massachusetts, MEFA, NextStudent, private placement bond, state student loan agency, Steve Beshear, Student Loan People, student loans, U.S. Department of Education

Kentucky Student Loan Provider Is Out of Money
13 August 08 02:08 PM | Student Loan Girl | 1 Comments   

The Kentucky Higher Education Assistance Authority, the state agency that provides college loans to students attending colleges and universities in Kentucky, will “effectively run out of money” Friday while it waits to receive a $50 million loan from Read More...

Filed under: bridge loans, college loans, colleges, Eastern Kentucky University, federal student loans, financial aid, funding shortage, James Ackinson, Kentucky, Kentucky Higher Education Assistance Authority, KHEAA, Lexington Herald-Leader, NextStudent, school vouchers, Shelley Park, student loan agency, student loan crisis, student loans, textbooks, The Student Loan People, tuition, universities