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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 Offers Students a No-Cost, No-Student-Loan Education With Funds From Its $1.1 Billion Endowment
22 July 08 03:39 PM | Student Loan Girl | 0 Comments   

Berea College is drawing the attention of lawmakers for its no-frills approach to education and its free tuition policy. The private Kentucky college — founded 150 years ago to educate freed slaves and “poor white mountaineers” — accepts only applicants Read More...

Filed under: Berea College, college loans, College Scholarships, endowments, financial aid, free tuition, general budget, graduate debt free, grants, higher education, Joseph Bagnoli, Low-Income Students, middle-income students, NextStudent, operating budget, Pell Grants, Senate Finance Committee, spending, student loans, Tamar Lewin, tax-exempt institutions, The New York Times, tuition

Lowest-Income Students Need More Pell Aid, Authors of New Report Find
05 May 08 04:35 PM | Student Loan Girl | 0 Comments   

To help low-income students attend college, larger Pell Grants should be awarded to the most “financially needy” college students, according to a new report (“ Window of Opportunity: Targeting Federal Grant Aid to Students With the Lowest Incomes ”). Read More...

Filed under: Chronicle of Higher Education, college, college loans, credit crunch, EFC, expected family contribution, financial aid, grants, IHEP, Institute for Higher Education Policy, Low-Income Students, Need-Based Aid, NextStudent, Pell Grant, Pell Grants, Sen. Edward Kennedy, student loans, U.S. Senate

2007 Budget Update
01 February 07 10:45 PM | Student Loan Girl | 0 Comments   

It looks like Pell Grants are going to be getting the financial face-lift about which people have been buzzing on Capitol Hill. According to a Jan. 31, 2007 article by Doug Lederman titled “A Pleasant Budget Surprise” that appeared in Inside Higher Ed Read More...

Filed under: College Funding, Consolidation, financial aid, Low-Income Students, Next Student, NextStudent, Pell Grants, student loan consolidation, student loans

Hope On The Horizon: Student Debt Relief Act in Senate
24 January 07 08:47 PM | Student Loan Girl | 0 Comments   

I have posted blogs in the past several weeks regarding states that are implementing college financial aid programs at the community college or public college level, making education an affordable reality for lower-income students. Just yesterday a major Read More...

Filed under: College Funding, College Tuition, College Tuition Tax Deduction, Consolidation, financial aid, higher education, Interest Rates, Loan Forgiveness, Low-Income Students, Next Student, NextStudent, Origination Fees, Pell Grants, Reconsolidation, student debt, Student Debt Relief Act, student loan consolidation, student loans

Proposed Law Opens Door to Higher Education for Low-Income Students
24 January 07 03:42 PM | Student Loan Girl | 0 Comments   

In a post in December I commented on how many states and even the federal government is beginning to set up programs and legislation that favors higher education opportunities for lower-income students. A case in point is the $4,000 college tuition deduction Read More...

Filed under: College Funding, Consolidation, financial aid, Low-Income Students, Next Student, NextStudent, Pell Grants, student loan consolidation, student loans, Two-Year Colleges