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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

FAFSA Discourages Students From Applying for Federal Loans
10 June 09 02:10 PM | Student Loan Girl | 0 Comments   

A large proportion of students who only take out non-federal private student loans to finance their education aren’t applying for federal financial aid at all, and it’s the application itself that may be culprit, a new study suggests (“ Nightmare Application Read More...

Filed under: college, college loans, Education Department, FAFSA, federal financial aid, federal student loans, FinAid, financial aid application process, Forbes, free application for student aid, Internal Revenue Service, Mark Kantrowitz, NextStudent, President Obama, private student loans, Student Aid, student loan industry, student loans, U.S. Department of Education

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

Colleges and Students Could Benefit From Pending Federal Bailout
21 January 09 04:37 PM | Student Loan Girl | 0 Comments   

It seems that everyone is getting a piece of the government’s “bailout pie,” including banks, automakers, and perhaps even the nation’s colleges and universities, although exactly how much schools will get and when they will get it has not yet been established, Read More...

Filed under: academic research, biomedical research, climate change research, college, college financial aid, college infrastructure, college loans, Doug Lederman, education training, financial aid, foreclosure, HOPE Tax Credit, House Democrat, Inside Higher Ed, minority students, NASA, National Institutes of Health, National Science Foundation, NextStudent, paying for college, Pell Grant, recovery zone, renewable energy, Senate, state funding, Student Aid, student loans, tuition, unemployment, unsubsidized student loan

Note to College Donors: Make the Check Out to Students
21 November 08 04:28 PM | Student Loan Girl | 0 Comments   

As the economic downturn continues to impact families’ ability to pay for college, schools are redirecting their fundraising efforts to focus on financial aid, reports The Wall Street Journal (“ Colleges Shift Donor Appeals Toward Student Aid ,” Nov. Read More...

Filed under: Barnard College, Bobbi Mark, college fundraising, college loans, economic downturn, faculty and staff, financial aid, financial aid directors, general fund, Karen Cooper, new building construction, NextStudent, Scholarships, Stanford University, Student Aid, student loans, universities, university fundraising, University of Texas at Austin, UT Austin

Student Loan Crunch Affected Some Private Schools, But Crisis Largely Avoided
28 October 08 01:59 PM | Student Loan Girl | 0 Comments   

The student loan crunch that began this past spring failed to become the widespread crisis that experts predicted, according to the results of a survey by the National Association of Independent Colleges and Universities . Still, the NAICU reports, some Read More...

Filed under: bankruptcy, college, college costs, College Enrollment, college financial aid, college loans, David Warren, enrollment, Federal Family Education Loan Program, financial aid, Lehman Brothers, NAICU, NAICU survey, National Association of Independent Colleges and Universities, NextStudent, paying for college, private lenders, Sarah Flanagan, Student Aid, student loan crisis, student loan crunch, student loans, The Chronicle of Higher Education, third party lenders, tuition

For-Profit Colleges Face Expulsion from Federal Student Aid Program for Awarding Too Much Aid
25 July 08 11:50 AM | Student Loan Girl | 0 Comments   

Under new federal legislation, many students at for-profit institutions have seen the amount of their Pell and federal student loan awards increase and a larger number these students have been able to cover all their college costs with just these two Read More...

Filed under: Chronicle of Higher Education, college, college aid, college financial aid, College Tuition, current legislation session, federal student aid, financial aid, Goldie Blumenstyk, Higher Education Act, Higher Education Act Reauthorization, NextStudent, Pell Grant, Student Aid, student loan, student loans, tuition

Lose Your Right to Choose: Kennedy Rallies Support for STAR Act
22 February 07 10:39 PM | Student Loan Girl | 0 Comments   

On Feb. 16, 2007 the “first higher education hearing of the 110th Congress” took place before the Senate Health, Education, Labor and Pensions Committee, according to a Feb. 19, 2007 article titled “Scattered Thoughts on Student Aid” by Doug Lederman Read More...

Filed under: Federal Direct Loan Program, NextStudent, Sen. Edward Kennedy, STAR Act, Student Aid

New Faces in Education
04 January 07 03:55 PM | Student Loan Girl | 0 Comments   

Doug Lederman reports in the Jan. 3 edition of Inside Higher Ed on an interview he conducted with Sara Martinez Tucker, the newly confirmed U.S. under secretary for education. The article is titled, “The New Top Fed for Higher Ed,” and a full podcast Read More...

Filed under: College Funding, Consolidation, financial aid, New Under Secretary for Ed, Next Student, NextStudent, Student Aid, student loan consolidation, student loans, Top Fed for Higher Ed