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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

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

The STAR Act: College Scholarships that Cost More than You Think
20 February 07 05:10 PM | Student Loan Girl | 0 Comments   

For weeks now, we have been watching what has been happening with the Pell Grant and the effect the likely increase will have on students and taxpayers. In the middle of all this, I somehow missed a key piece of legislation that, if it becomes law, will Read More...

Filed under: College Scholarships, NextStudent, Pell Grants, STAR Act, Student Loan Legislation