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Number of Students Applying for Federal Financial Aid Goes Up Almost 20%
12 August 08 04:21 PM | Student Loan Girl | 0 Comments   

While college enrollment is only expected to grow by 300,000 students this year, some 1.3 million additional college students have already applied for federal financial aid — an increase of 17 percent, according to an article in U.S. News World Report Read More...

Filed under: Center for the Study of Higher Education, college, college costs, College Tuition, credit crunch, Donald Heller, economic downturn, Education Department, elite institutions, FAFSA, federal grants, federal student loans, financial aid, financial aid administrators, food prices, Free Application for Federal Student Aid, gas, low income students, middle income students, NextStudent, paying for college, Pennsylvania State University, private student loans, recession, Richard Toomey, San Francisco Chronicle, Santa Clara University, student loan availability, student loans, tuition, U.S. Department of Education, U.S. News World Report

Penn State’s Switch to Direct Loan Program Underway, So Far So Good
11 July 08 04:43 PM | Student Loan Girl | 0 Comments   

Pennsylvania State University said its transition over to the federal Direct Loan Program is going “smoothly.” Already about 3,000 borrowers have taken out $5 million in student loans under the new program this summer, according to an article in The Daily Read More...

Filed under: Anna Griswold, college loans, credit markets, Direct Loan Program, Federal Family Education Loan Program, federal student loan lenders, federal student loans, FFELP lenders, financial aid, graduate PLUS loans, NextStudent Scholarship Search Engine, parent PLUS loans, Pennsylvania State University, Stafford student loans, student loan borrowers, student loans, The Daily Collegian