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Education Department at Fault for Low Participation in Grant Programs, Audit Shows
04 August 08 05:58 PM | Student Loan Girl | 0 Comments   

In an audit of the Department of Education , the department’s own inspector general blames the lack of participation in the government’s Academic Competitiveness and National Smart Grant programs on his department’s failure to effectively promote the Read More...

Filed under: Academic Competitiveness Grants, college loans, Department of Education, Education Department, Education Department inspector general, education secretary, federal financial aid, financial aid, Low-Income Students, Margaret Spellings, National Smart Grant, NextStudent, Pell Grant, student loans

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

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

Perkins Program Cuts: Hint of More to Come?
08 February 07 08:46 PM | Student Loan Girl | 0 Comments   

This past week I have reported on what is happening with the FY08 budget, a big part of which is the increase in the Pell Grant from $4,600 this year up to $5,400 by 2012. The question on everyone’s mind is: Where is all that extra money going to come Read More...

Filed under: American Association of Community Colleges, Carl D. Perkins Career and Technical Education program, College Funding, Consolidation, financial aid, Next Student, NextStudent, Pell Grant, student loan consolidation, student loans

Budget Picture FY08
07 February 07 08:43 PM | Student Loan Girl | 0 Comments   

As I reported earlier this week, President Bush released his FY08 Budget on Monday, Feb. 5, 2007. And although it promises to increase the maximum Pell Grant to $4,600 this year up to $5,400 by 2012, he will use funds from other grants for low-income Read More...

Filed under: College Funding, Consolidation, financial aid, FY08 Budget, Higher Education Act, Next Student, NextStudent, Pell Grant, student loan consolidation, student loans

Pell Grant Gets Welcome Boost in 2007-2008 Budget Plans
06 February 07 10:14 PM | Student Loan Girl | 0 Comments   

In previous blogs, I addressed that college education is becoming more and more unobtainable for low-income students. Many are opting out of the system, choosing to attend community colleges or not to attend at all, since the debt load required for attendance Read More...

Filed under: College Funding, Consolidation, Department of Education, financial aid, higher education, Next Student, NextStudent, Pell Grant, student loan consolidation, student loans, Supplemental Educational Opportunity Grant Program