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Business Schools to Suspected GMAT Cheaters: ‘Show Me Your Palms’
24 July 08 04:50 PM | Student Loan Girl | 0 Comments   

To help prevent students from cheating on the Graduate Management Admission Test —the standardized test that many MBA programs require for admission to graduate school — the nation’s top business schools are going high-tech. As early as this fall, schools Read More...

Filed under: cheating scandal, college loans, fraudsters, Fujitsu, GMAT Cheating, Graduate Management Admission Test, graduate school, MBA programs, NextStudent, palm vein scan, Scoretop, student loans

Concerns About Access to Student Loans Persist, Study Finds
24 July 08 11:42 AM | Student Loan Girl | 0 Comments   

Some financial aid administrators have lingering concerns that students may not be able to get the student loans they need to pay for college this year despite recently passed federal legislation designed to improve students’ access to those loans, according Read More...

Filed under: college loans, college students, default rates, Ensuring Continued Access to Student Loans Act, Federal Family Education Loan Program, FFELP lenders, financial aid administrators, HR 5715, legislation, loan market, loan shortage, NASFAA, National Association of Student Financial Aid Administrators, NextStudent, private student loans, student loans

Colleges and Universities to Subsidize Unpaid Internships
23 July 08 03:08 PM | Student Loan Girl | 0 Comments   

Some small, private schools are beginning to offer internship grants to students who would otherwise have been unable to accept an unpaid or low-paying intern position, according to an article in The Chronicle of Higher Education (“ Subsidizing the Internship Read More...

Filed under: aid, American University, Austin College, Brain Gain program, Butler University, college, college loans, College Tuition, Connecticut College, financial aid, grants, internship grants, Internships, Loans, Mark Oldman, NextStudent, Sara Lipka, Smith College, student loans, subsidized internships, The Chronicle of Higher Education, the Vault, tuition, Whitman College

New York May Soon Have Its Own Low-Interest Student Loan Program
23 July 08 12:33 PM | Student Loan Girl | 0 Comments   

New York is one of the few states in the country where college students do not have access to a low-interest, state-backed student loan program, according to a report by the New York State Commission on Higher Education (“ Final Report of Findings and Read More...

Filed under: City University of New York, college, College Financial Aid, college loan, college loans, College Tuition, CUNY, David Paterson, financial aid, Marc Santora, New York State Commission on Higher Education, New York student loan program, New York Times, NextStudent, State University of New York, student loan, student loans, SUNY, tuition

Concerned About College Costs, Texas Board Considers Changes to State Financial Aid
22 July 08 05:13 PM | Student Loan Girl | 0 Comments   

The Texas Higher Education Coordinating Board is considering restructuring the state’s financial aid programs amid growing concerns about college affordability. Proposed changes would raise the academic standards students must meet to qualify for the Read More...

Filed under: academic standards, ACT, class of 2009, college affordability, college costs, college grants, college loans, education board, financial aid, financial gap, higher education, Houston Chronicle, Low-Income Students, Max Castillo, middle-income students, National Association of State Student Grant and Aid Programs, NextStudent, Rodney Ellis, SAT, student loans, Texas Grant program, Texas Higher Education Coordinating Board, University of Houston

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: amenities, 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

College-Bookstore Bill Could Lower Textbook Costs for Students
21 July 08 02:12 PM | Student Loan Girl | 0 Comments   

College students may soon be getting some relief when it comes to the $900 they spend on textbooks annually, although these new savings may be too minimal to notice. A new bill before Congress being supported by college bookstores, HR 5546 , would allow Read More...

Filed under: College Bookstore Bill, college loans, College Student Loans, financial aid, HR 5546, Kelly Field, National Association of College Stores, NextStudent, student loans, textbooks, tuition

Multi-State Agreement on Education of Children of the Military Becomes Law
18 July 08 08:18 PM | Student Loan Girl | 0 Comments   

Approximately 1.5 million children will be affected by the interstate compact, which seeks to create uniform education standards across participating states and to address common problems experienced by the children of military parents who are often transferred and required to move over the course of their careers. Read More...

Filed under: college, college loans, Delaware, Department of Defense, Education, financial aid, Interstate Compact on Educational Opportunity for Military Children, legislation, Leslye Arsht, military, military families, military members, NextStudent, Ruth Ann Minner, student loans

Borrower Sues Student-Loan Lender for Allegedly Reneging on Its Contract
18 July 08 06:03 PM | Student Loan Girl | 0 Comments   

A student-loan borrower has filed a class-action lawsuit against student-loan lender Northstar Higher Education for allegedly breaking its contract with borrowers. In the suit, filed Monday with the U.S. District Court in Los Angeles, Northstar is accused Read More...

Filed under: auction-rate securities, college loans, credit crunch, interest-rate reduction, Jennifer So, Mark Lindgren, Minneapolis Star Tribune, NextStudent, Northstar, Northstar Education Finance Inc., Northstar Higher Education, student loan borrowers, student loan lenders, student loans, T.H.E. Repayment Bonus

Massachusetts Shortchanges College Students on Financial Aid
17 July 08 04:04 PM | Student Loan Girl | 0 Comments   

Although Massachusetts is known as a hub for higher education, the state lags behind other states in awarding financial aid to college students, a shortfall that many educators say is limiting access to a college education for low-income and minority Read More...

Filed under: college, college costs, college grants, college loans, Deval Patrick, financial aid, Harvard, higher education, Joint Committee on Higher Education, Low-Income Students, Massachusetts state grant aid, Masschusetts college students, MIT, NextStudent, private college tuition, private colleges and universities, private student loans, public college tuition, Robert O'Leary, student loans, The Boston Globe, tuition

Students Who Cheat on ACT, SAT Exams Face Few Consequences
16 July 08 02:31 PM | Student Loan Girl | 0 Comments   

Students at a Los Angeles area high school are suspected of paying a former student to take the ACT college entrance exam in their place. The alleged cheaters will likely have their scores invalidated, but the colleges and universities that received the Read More...

Filed under: ACT, cheating in college, cheating on ACT, cheating on SAT, college entrace exams, college loans, college probation, Ed Colby, Educational Testing Service, expelled from college, high school students, Josephson Institute of Ethics, Los Angeles Times, Michael Josephson, NextStudent, retaking the ACT, retaking the SAT, SAT, student loans, Tom Ewing

New Certificate May Boost Credentials of Community College, Trade-School Graduates
15 July 08 03:49 PM | Student Loan Girl | 0 Comments   

Students attending community colleges, trade, or professional schools may soon be required to pass yet another exam and receive additional credentials, the Career Readiness Certificate, before landing a job, according to an article in Inside Higher Education Read More...

Filed under: ACT, Andrew Moltz, career credentialing, career credentials, Career Readiness Certificate, Career Readiness Certificate test, College Financial Aid, college loans, College Student Loans, College Tuition, financial aid, Inside Higher Education, National Association for Career Credentialing, NextStudent, Orangeburg- Calhoun Technical College, Piedmont Community College, Rowan-Cabarrus Community College, student loans, tuition

Interest in Online Courses Rising as Gas Remains Above $4 Per Gallon
15 July 08 03:42 PM | Student Loan Girl | 0 Comments   

Students at many colleges are opting for online courses this summer in an attempt to save money on gas, according to an article in The Chronicle of Higher Education (“ Gas Prices Drive Students to Online Courses ,” July 8, 2008). "All across the country, Read More...

Filed under: Brevard Community College, College Financial Aid, college loans, College Student Loans, College Tuition, expensive gas, financial aid, Harrisburg Area Community College, high cost of gas, Jeffrey Young, NextStudent, Northampton Community College, online classes, online college, online college courses, rising gas prices, student loans, Tennessee Board of Regents, The Chronicle of Higher Education, tuition, University of Illinois

Student Loan-Comparison Websites Losing Lenders, Gaining Borrowers
14 July 08 10:42 AM | Student Loan Girl | 0 Comments   

While demand for websites that allow borrowers to compare student loans is growing, the number of lenders listed on these sites is dwindling, according to an article in The Chronicle of Higher Education (“ Web Sites That Compare Loans Gain Users, Lose Read More...

Filed under: College Loan Market, college loans, compare student loans, financial aid, government subsidy cuts, LendingTree, loan-comparison sites, NextStudent, parent borrowers, SimpleTuition, student loan borrowers, student loans, subprime mortgage crisis fallout

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