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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

Concerned About College Costs, Texas Board Considers Changes to State Financial Aid
22 July 08 05:13 PM | Student Loan Girl | 0 Comments   

The Texas Higher Education Coordinating Board is considering restructuring the state’s financial aid programs amid growing concerns about college affordability. Proposed changes would raise the academic standards students must meet to qualify for the Read More...

Filed under: academic standards, ACT, class of 2009, college affordability, college costs, college grants, college loans, education board, financial aid, financial gap, higher education, Houston Chronicle, Low-Income Students, Max Castillo, middle-income students, National Association of State Student Grant and Aid Programs, NextStudent, Rodney Ellis, SAT, student loans, Texas Grant program, Texas Higher Education Coordinating Board, University of Houston

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

Massachusetts Shortchanges College Students on Financial Aid
17 July 08 04:04 PM | Student Loan Girl | 0 Comments   

Although Massachusetts is known as a hub for higher education, the state lags behind other states in awarding financial aid to college students, a shortfall that many educators say is limiting access to a college education for low-income and minority Read More...

Filed under: college, college costs, college grants, college loans, Deval Patrick, financial aid, Harvard, higher education, Joint Committee on Higher Education, Low-Income Students, Massachusetts state grant aid, Masschusetts college students, MIT, NextStudent, private college tuition, private colleges and universities, private student loans, public college tuition, Robert O'Leary, student loans, The Boston Globe, tuition

Proposed Legislation Would Prevent Student Loan Lenders from ‘Cherry-Picking’ Schools They Lend To
19 June 08 06:14 PM | Student Loan Girl | 0 Comments   

To ensure all students have access to student loans regardless of what type of school they attend, two Democratic senators introduced legislation Tuesday that would prohibit banks and other lenders from “picking and choosing” which institutions of higher Read More...

Filed under: Christopher Dodd, Citibank, college loans, Community Colleges, default rates, Edward Kennedy, Federal Family Education Loan Program, FFELP, FFELP lenders, financial aid, higher education, Jonathan D. Glater, JPMorgan Chase, Low-Income Students, NextStudent, Patty Murray, PNC, selective lending, Senate Committee on Health Education Labor and Pensions, student loan crisis, student loans, SunTrust, The New York Times, two-year schools, U.S. Department of Education, universal college loans

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

College Tuition: Illusions in Financial Aid?
25 January 07 07:24 PM | Student Loan Girl | 0 Comments   

Recently I watched this great movie called “The Illusionist” with Edward Norton, Paul Giamatti and Jessica Biel . Great flick. Lots of smoke and mirrors and a great ending – with a major twist – that you never would expect. Princeton has received much Read More...

Filed under: College Funding, College Tuition, Consolidation, financial aid, Low-Income Students, Next Student, NextStudent, 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