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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

President Bush Signs Legislation That Boosts Availability of Student Loans
08 May 08 09:15 AM | Student Loan Girl | 0 Comments   

On May 7, President George Bush signed into law legislation intended to help stabilize the $85-billion student loan industry and to avert a predicted shortage in student loans. The law will allow the U.S. Department of Education to buy bundled student Read More...

Filed under: college, college loans, credit crisis, credit crunch, Education Department, Edward Kennedy, federal student loans, George Bush, George Miller, lender of last resort, Margaret Spellings, NextStudent, President Bush, President George Bush, Rep. George Miller, Reuters, Secretary of Education, Senator Kennedy, student loan bill, student loan crisis, student loan crunch, student loan industry, Student Loan Legislation, student loan shortage, student loans, The Chronicle of Higher Education, U.S. Department of Education