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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

Overhaul of Student Loan System in the Works
22 June 09 08:30 AM | Student Loan Girl | 0 Comments   

A bill to overhaul the student loan industry may reach Congress as early as next week; education-committee chairs are working behind the scenes on a piece of legislation that would eliminate the third-party student loan system called the Federal Family Read More...

Filed under: Congressional Budget Office, Consumer Price Index, fate of student loan industry, Federal Family Education Loan Program, Federal Pell Grant Program, federal student loan lenders, Federal Student Loan Program, federal student loans, FFEL program, FFELP, FFEP lenders, NextStudent, Obama student loan plan, Pell Grants, private student loans, Sallie Mae, student loan industry, student loan laws, Student Loan Legislation, student loan overhaul, student loan regulation, student loans, The Chronicle of Higher Education, third party student loan lenders

College Board Pushes Obama to Grant Financial Aid to Undocumented Immigrants
28 April 09 01:10 PM | Student Loan Girl | 0 Comments   

The College Board — an organization of some 5,000 colleges best known for its college admission tests — has petitioned Congress to allow students who are undocumented immigrants to qualify for tuition aid and citizenship, The Associated Press reports Read More...

Filed under: college loans, DREAM Act, federal financial aid, federal student loans, NextStudent, Pell Grants, student loans, The College Board, Thomas Rudin, undocumented college students, undocumented immigrants

Despite Down Economy, College Student Aid Still Thriving
23 March 09 05:18 PM | Student Loan Girl | 0 Comments   

In economic downturns, colleges and universities become flooded with students of all ages looking to better prepare themselves for an increasingly competitive job market. But these schools haven’t been immune to the effects of today’s recession. Fortunately, for every recent economic downturn in higher education there’s also been a tangible upside. Read More...

Filed under: Associated Press, college, college aid, college endowments, college loans, Direct Loan Program, economic recession, Education Department, Federal Family Education Loan Program, federal stimulus money, federal student aid, federal student loan programs, federal student loans, FFELP, FFELP lenders, institutional aid, Kent State University, Manchester College, merit scholarships, merit aid, National Association of Independent Colleges and Universities, NextStudent, pell grant awards, pell grant increases, Pell Grants, private student loans, public colleges budget crisis, Stafford student loans, state aid, state budget cuts, Student Aid, student loan market, student loan securities, student loans, tuition applications, tuition assistance, tuition costs, tuition hikes, tuition increases, tuition waivers, U.S. Department of Education

House Dems Get Second Crack at Higher Education Appropriations Bill
25 February 09 04:23 PM | Student Loan Girl | 0 Comments   

Just days after President Obama signed a $787 billion economic stimulus bill into law, House Democrats have reintroduced a $410 billion overdue appropriations measure that would finance dozens of federal agencies and programs, including many related to Read More...

Filed under: Academic Competitiveness Grants, appropriations bill, appropriations legislation, Bush administration, college, college accessibility, college financial aid, college financing, college grants, college loans, Congressional Democrats, continuing resolutions, David Obey, economic stimulus bill, federal financial aid, federal grant programs, federal grants, Federal Pell Grant Program, Fund for the Improvement of Postsecondary Education, Gear Up program, higher eduaction funding, Higher Education Legislation, House Appropriations Committee, House of Representative Democrats, National Institutes of Health, National Science and Mathematics Access to Retain Talent grants, NextStudent, Obama administration, Pell Grants, President George Bush vetoes, President Obama, science research funding, SMART Grants, student financial aid programs, student loans, U.S. Congress, Wisconsin legislators, Wisconsin representatives

Colleges Step Up, Help Students With Extra Financial Aid
08 January 09 04:13 PM | Student Loan Girl | 0 Comments   

If recent data is any indication, families are struggling to come up with the cash they need to send their children to college, and schools across the country are doing something to help those who’ve come up short, reports The Chronicle of Higher Education Read More...

Filed under: Agnes Scott College, Agnes Solution, Beckie Supiano, Big Ten, Brent Gage, Brother James Miller Program for Access, business downturn, Business Wire, cash for college, college, college financial aid, college loans, Craig Carroll, demand for student aid, economic downturn, extended grace period, FAFSA, family budgets, federal aid, financial aid, financial aid program, financial aid season, financial assistance, financially needy student, Free Application for Federal Student Aid, Freshmen, Georgia, Hope Scholarship, Huskie Advantage, jobs, low income, middle income, Minnesota, need based aid, NextStudent, Northern Illinois University, paying for college, Pell Grants, recession, Saint Mary's University, state aid, state grants, student, Student Financial Aid Services, student loans, The Chronicle of Higher Education, tuition, tuition bills, underclassmen, upperclassmen

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

Sex Offenders May Lose Pell Grant Eligibility Under Revised Higher Education Act
04 August 08 04:49 PM | Student Loan Girl | 0 Comments   

Starting July 1, 2009, sex offenders confined in treatment centers throughout the country may no longer be eligible to receive need-based federal Pell Grants , under a new provision of the reauthorized Higher Education Act, according to an article in Read More...

Filed under: ACLU, American Civil Liberties Union, AP, Associated Press, college loans, Congress, financial aid, grant aid, higher education, Michael Macleod-Ball, NextStudent, Pell Grants, President Bush, Ric Keller, sex offenders, Stephanie Babyak, student loans, U.S. Department of Education

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

House Stalls Spending Bill That Would Boost Pell Grants, Biomedical Research
27 June 08 02:31 PM | Student Loan Girl | 0 Comments   

A proposed spending bill that would raise Pell Grant award amounts and increase funding for the National Institutes of Health was delayed indefinitely Thursday after Democrats and Republicans began squabbling over the bill’s provisions, according to The Read More...

Filed under: biomedical research funding, college, college loans, David Obey, financial aid, House of Representatives Appropriations Committee, National Institutes of Health, NextStudent, NIH, oil drilling expansion, Pell Grants, student loans, The Chronicle of Higher Education, U.S House of Representatives

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

Who Wants More Money for College?
13 June 07 12:01 AM | Student Loan Girl | 0 Comments   

The easy answer is “everyone does,” of course. This is especially true if you are putting yourself through school and do not have mom and dad to help you pay for your college education. But, whether you are just starting out or even one year away from Read More...

Filed under: College Student Loans, NextStudent, Pell Grants, Student Loan Legislation

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

Pell Increase ‘Official’ for 2007-08 School Year
21 February 07 06:00 PM | Student Loan Girl | 0 Comments   

It is about time. On Feb. 14, 2007 Congress “did its duty” in my humble opinion. I almost feel like college students and their parents finally have been heard. What I mean is that we really are going to see an increase to our Pell Grants for the first Read More...

Filed under: higher education, NextStudent, Pell Grant Increase, Pell Grants