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Wyoming’s Largest Student Lender to Stop Making Student Loans
02 November 09 08:02 AM | Student Loan Girl | 0 Comments   

The largest student loan lender in Wyoming, the nonprofit Wyoming Student Loan Corp., also known as WyoLoan, has announced that it will no longer be issuing any new parent or student loans beginning April 1, 2010. Read More...

Filed under: college loans, Federal Direct Loan Program, Federal Family Education Loan Program, federal student aid, federal student loans, FFELP, financial aid, H.R. 3221, NextStudent, Phil Van Horn, private student loans, SAFRA, Student Aid and Fiscal Responsibility Act, Student Loan Legislation, student loans, WyoLoan, Wyoming Student Loan Corporation

$1M Awarded to Unnamed Whistleblowers in Federal Student Aid Suit
24 April 09 02:22 PM | Student Loan Girl | 0 Comments   

Alta Colleges, operating 17 campuses in six states, recently settled a lawsuit involving student-aid fraud allegations and has agreed to pay the federal government $7 million. Read More...

Filed under: Alta Colleges, Andrew Mytelka, college, college financial aid, college loans, Denver, false claim, False Claims Act, federal government, federal student aid, financial aid, George Burnett, graduates, Graduation, interior design, interior design industry, interior design program, job placement reporting, jobs, licensing requirements, misrepresentation, NextStudent, paying for college, state license, student aid fraud, student loans, Students, The Associated Press, The Chronicle of Higher Education, tuition, Westwood Colleges, whistleblowers

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

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

Univ. of Phoenix Accused of Manipulating Its Default Rate
14 January 09 04:39 PM | Student Loan Girl | 0 Comments   

Three former University of Phoenix students are suing the for-profit higher education giant for using a questionable loan repayment practice that skews the university’s default rate and takes away federal student loan repayment options from students who Read More...

Filed under: college, college lawsuits, college loans, Education Department, federal college loans, federal student aid, Federal Student Loan Program, federal student loans, federally guaranteed loans, for profit colleges, Higher Education Act, NextStudent, online college, student loan collections, student loan default rates, student loan defaults, student loan grace periods, student loan interest rates, student loan payback policies, student loan repayment options, student loan repayment terms, student loans, The Chronicle of Higher Education, U.S. Department of Education, Univeristy of Phoenix

For-Profit Colleges Face Expulsion from Federal Student Aid Program for Awarding Too Much Aid
25 July 08 11:50 AM | Student Loan Girl | 0 Comments   

Under new federal legislation, many students at for-profit institutions have seen the amount of their Pell and federal student loan awards increase and a larger number these students have been able to cover all their college costs with just these two Read More...

Filed under: Chronicle of Higher Education, college, college aid, college financial aid, College Tuition, current legislation session, federal student aid, financial aid, Goldie Blumenstyk, Higher Education Act, Higher Education Act Reauthorization, NextStudent, Pell Grant, Student Aid, student loan, student loans, tuition

College Student Aid May Soon Be Disbursed by Debit Cards
24 April 07 10:04 PM | Student Loan Girl | 0 Comments   

According to the April 23, 2007 article by Paul Basken, titled “ New Rules Are Designed to Streamline Flow of Federal Student Aid to Colleges and Students” that appeared in The Chronicle of Higher Education : “ Representatives of the U.S. Education Department, Read More...

Filed under: Debit Cards, Department of Education, federal student aid, NextStudent

Adult Students Forgo Federal Aid; Use Cash for College
02 March 07 07:15 PM | Student Loan Girl | 0 Comments   

The raging debate across the nation is college affordability/access and the escalating cost of attending college. With many bills pending approval and yet to become law, the U.S. population is becoming more educated regarding college aid legislation and Read More...

Filed under: adult learners, Continuing Education, federal student aid, NextStudent

U.S. Education Department’s Official on Accreditation Leaves Job
29 January 07 10:06 PM | Student Loan Girl | 7 Comments   

According to a Jan. 29, 2007 article titled “ U.S. Accreditation Official Out of a Job” written by Doug Lederman that appeared in Inside Higher Ed , John W. Barth, the director of accreditation and state liaison at the Department of Education, has transferred Read More...

Filed under: accreditation, College Funding, Consolidation, Department of Education, federal student aid, financial aid, Next Student, NextStudent, student loan consolidation, student loans

U.S. Rep. Ruben E. Hinojosa, D-Texas, to Lead U.S. House’s Higher-Education Panel
23 January 07 04:13 PM | Student Loan Girl | 0 Comments   

According to an article titled “Texas Democrat Will Lead U.S. House’s Higher-Education Panel,” written by Kelly Field that appeared in the Jan. 19, 2006 edition of The Chronicle of Higher Education , “one of the chief Congressional champions of higher-education Read More...

Filed under: College Funding, Consolidation, federal student aid, financial aid, higher education, Higher Education Act, Hispanic-Serving Institutions, Next Student, NextStudent, student loan consolidation, student loans

Give Yourself the Best Shot at Federal Student Aid: Submit FAFSA Soon After Jan. 1
11 December 06 08:36 PM | Student Loan Girl | 0 Comments   

Students are winding down their winter term and starting to breathe a little easier knowing that finals soon will be out of the way. Early January marks the beginning of a new term as students return to college after the holidays. Jan. 1, 2007 is an extremely Read More...

Filed under: College Funding, Consolidation, FAFSA, federal student aid, financial aid, Next Student, NextStudent, student loan consolidation, student loans