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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

Note to Families: Financial Aid More Competitive, But Not Out of Reach
26 January 09 05:09 PM | Student Loan Girl | 0 Comments   

With more families applying for financial aid — applications are already up 10 percent above last year’s record — and lending for private student loans drying up, families’ ability to find available financial aid is becoming more difficult, reports the Read More...

Filed under: Associated Press, College Board, college endowments, college financial aid system, college financing, college funding sources, college grants, college loans, college savings accounts, community college costs, Duke University, Education Department, federal grants, federal student aid, federal student loans, FinAid, financial aid, financial aid offers, Harvard University, home equity loans, Institute for College Access and Success, Lauren Asher, NextStudent, private student loan lenders, private student loans, Stafford student loans, stimulus package, student loan lending criteria, student loans, third party student loan lenders, tuition increases, U.S. Department of Education, unsubsidized student loans, work study programs, Yale University

Number of Students Applying for Federal Financial Aid Goes Up Almost 20%
12 August 08 04:21 PM | Student Loan Girl | 0 Comments   

While college enrollment is only expected to grow by 300,000 students this year, some 1.3 million additional college students have already applied for federal financial aid — an increase of 17 percent, according to an article in U.S. News World Report Read More...

Filed under: Center for the Study of Higher Education, college, college costs, College Tuition, credit crunch, Donald Heller, economic downturn, Education Department, elite institutions, FAFSA, federal grants, federal student loans, financial aid, financial aid administrators, food prices, Free Application for Federal Student Aid, gas, low income students, middle income students, NextStudent, paying for college, Pennsylvania State University, private student loans, recession, Richard Toomey, San Francisco Chronicle, Santa Clara University, student loan availability, student loans, tuition, U.S. Department of Education, U.S. News World Report