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Lowest-Income Students Need More Pell Aid, Authors of New Report Find
05 May 08 04:35 PM | Student Loan Girl | 0 Comments   

To help low-income students attend college, larger Pell Grants should be awarded to the most “financially needy” college students, according to a new report (“ Window of Opportunity: Targeting Federal Grant Aid to Students With the Lowest Incomes ”). Read More...

Filed under: Chronicle of Higher Education, college, college loans, credit crunch, EFC, expected family contribution, financial aid, grants, IHEP, Institute for Higher Education Policy, Low-Income Students, Need-Based Aid, NextStudent, Pell Grant, Pell Grants, Sen. Edward Kennedy, student loans, U.S. Senate

Credit Unions Offer Themselves as Partial Solution to Looming Student Loan Crisis
12 April 08 11:19 AM | Student Loan Girl | 0 Comments   

In the last six months alone, since legislators eliminated over $21 billion in subsidies to student loan lenders in the Federal Family Education Loan Program, at least 44 FFELP lenders have stopped originating federal student loans. This exodus of lenders Read More...

Filed under: capital, Chronicle of Higher Education, college, Congress, credit crisis, credit crunch, credit unions, Education, Edward Kennedy, Federal Family Education Loan Program, FFELP, FinAid, financial aid, Higher Education Act, Kennedy, lenders, liquidity, Mark Kantrowitz, Michael Kim, mortgages, NextStudent, nonprofit, Paul Basken, shortage, student loans, subprime, subsidies, UFCU, University Federal Credit Union, University of Southern California, University of Wisconsin, USC, USC Credit Union, UW Credit Union, UWCU