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Colleges Receive $70 Million in Anonymous Donations
29 April 09 03:21 PM | Student Loan Girl | 0 Comments   

An anonymous donor is playing secret Santa with at least a dozen colleges and universities nationwide, but instead of giving $5 trinkets this Santa has left schools with $1 million to $10 million gifts, The New York Times reports ( “Anonymous Donor Gives Read More...

Filed under: anonymous donor, Binghampton University, college, college donations, college donors, college endowments, college financing, College Funding, college loans, College Scholarships, female college leaders, female college presidents, financial aid, higher education funding, Lois DeFleur, Michigan State University, Montclair State University, New York Times, NextStudent, State College Funding, student loans, Susan Cole, University of North Caronlina Asheville

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

College Scholarships Dry Up Along With Endowment Funding
17 March 09 02:17 PM | Student Loan Girl | 0 Comments   

For the six-month period ending in December, college endowments nationwide lost an average of 24 percent, according to the nonprofit Commonfund Institute of Connecticut, forcing a handful of small regional universities to make significant cutbacks to their scholarship funds for the upcoming fall semester. Read More...

Filed under: academic year, annual scholarship campaign, Associated Press, Bellingham, Cheney, college, college endowments, college financial aid, college loans, Commonfund Institute of Connecticut, Donna Blankinship, Eastern Washington University, endowed scholarships, endowment funds, endowment losses, endowment scholarship fund, financial aid, first generation students, Mike Westfall, NextStudent, paying for college, Rhode Island College, scholarship fundraising, Scholarships, Stephanie Bowers, student loans, tuition, University of Wisconsin Superior, Western Washington University

Senator Proposes Penalties for Colleges That Hoard Endowment Funds
15 May 08 11:58 AM | Student Loan Girl | 0 Comments   

In a recent letter to the U.S. House of Representatives Committee on Ways and Means , Rep. Peter Welch , D-Vermont, proposed restricting IRA rollover contributions to colleges that don’t use their endowments to help low and middle-income students pay Read More...

Filed under: college, college endowments, Committee on Ways and Means, Higher Education Act, house legislation, Internal Revenue Code, IRA, NextStudent, Peter Welch, Representative Peter Welch, student loans, The Chronicle of Higher Education, U.S. House of Representatives

Wesleyan University Student-Pioneered Endowment First of Its Kind
05 May 08 10:25 AM | Student Loan Girl | 0 Comments   

The student government at Wesleyan University in Middletown, Connecticut, has established an endowment that it hopes will eventually eliminate the $270 activity fee required of all students, writes Charles Proctor of The Hartford Courant (“ Wesleyan Students Read More...

Filed under: Charles Proctor, college, college affordability, college costs, college endowments, college loans, credit crunch, Matthew Ball, NextStudent, private student loans, student activity fees, student loan crisis, The Hartford Courant, The Wesleyan Student Assembly, tuition increases, university endowments, Wesleyan University

Rockefeller Gives $100 Million to Harvard
29 April 08 04:59 PM | Student Loan Girl | 0 Comments   

Recently, Harvard University alumnus David Rockefeller, announced that he will be giving his alma mater the single largest gift from a former student ever, writes Stephanie Strom of The New York Times , (“ Rockefeller Gives Harvard $100 Million ,” April Read More...

Filed under: arts education, college, college endowments, college loans, David Rockefeller, Harvard alumni, Harvard University, international study abroad program, NextStudent, private student loans, Stephanie Strom, student loans, study abroad, The New York Times