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Penn State’s Switch to Direct Loan Program Underway, So Far So Good
11 July 08 04:43 PM
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Student Loan Girl
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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
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NextStudent to Be Spotlighted at Largest Virtual College Fair
10 July 08 09:06 AM
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Student Loan Girl
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Don Fenstermaker, the founder and CEO of NextStudent, will join noted names Mark Kantrowitz, publisher of FinAid.org, and Kim Clark, senior writer for U.S. World & News Report, as one of only a few financial aid experts to give a live streaming video keynote presentation on college financing at today’s CollegeWeekLive event.
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Davidson College Sees Positive Results After Eliminating Student Loans
09 July 08 08:44 PM
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Student Loan Girl
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Princeton was the first university to completely eliminate student loans from its financial aid packages in 2001, and Harvard’s announcement to follow in Princeton’s footsteps this fall garnered national media attention as no-loan financial aid policies began to turn up across the Ivy League and at other elite schools nationwide. But it’s small, selective, liberal arts Davidson College in North Carolina that’s already seeing results after getting a head start over the rest of the Ivies by doing away with student loans last year.
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Graduate Students Scramble to Find Loans After College Cuts Ties With State Lender
07 July 08 11:22 AM
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Student Loan Girl
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Graduate students at the University of Chicago will need to find new lenders this year after the school announced it will no longer do business with the Illinois Student Assistance Commission. The university cut ties with the state student loan agency
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Community Colleges Want to Control How Much Certain Students Can Borrow in Student Loans
20 June 08 04:54 PM
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Student Loan Girl
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1 Comments
Concerned that some students at two-year schools may borrow more in federal student loans than they can afford to repay, community college officials want the federal government to give community colleges control over how much their students can borrow
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NextStudent Unveils Website with New Look, Improved Features
06 June 08 06:37 PM
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Student Loan Girl
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NextStudent has a sleek new website with upgraded features designed to offer you the most comprehensive and easy-to-use financial aid resource on the Web. Check out our new online application, find free money for school, and get the all the info you need on student loans and your financial aid options.
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Banks Become More Selective, Leaving Some Colleges Without Student Loans
02 June 08 05:49 PM
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Student Loan Girl
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Students at community colleges, for-profit universities, and other less competitive institutions may soon have trouble finding a lender willing to offer them federal student loans. Citibank, JP Morgan Chase, PNC, and SunTrust are no longer offering student loans to certain colleges — schools that the banks have determined tend toward higher default rates, fewer borrowers, and small loan amounts that make business less profitable.
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Bank of America Backs Out of Private Student Loan Business
19 April 08 02:03 PM
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Student Loan Girl
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1 Comments
On April 17, Bank of America Corp. notified student-loan packager First Marblehead Corp. that it would no longer offer private student loans, focusing instead on providing federal student loans. Bank of America’s announcement comes amid increasing unsteadiness
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Financial Aid Wars: Democrats and Republicans Try to Outdo Each Other
16 February 07 04:20 PM
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Student Loan Girl
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0 Comments
It has been the hot topic in the news for the past couple months and on my blog, so we all should know by now that the 110th Congress is controlled by the Democrats. Why is that big news? Because 2007 is the first year the Democrats have controlled the
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