31 January 2008, 06:06 No comments
Lenders that process federal Stafford loans and PLUS loans as well as private loan companies are expected to require students borrowing for the first time this spring semester to have higher credit scores, and may impose other changes to their policies, CNNMoney. Borrowers should anticipate higher interest rates as the student loan industry tries to […]
30 January 2008, 05:05 No comments
In reality, though, “Most people underestimate their eligibility for financial aid,” says Mark Kantrowitz, publisher of FinAid, a financial aid website. But to qualify for these generous financial aid packages — or any financial aid — you must fill out a FAFSA. The form is used to determine eligibility not only for federal aid but […]
29 January 2008, 05:05 No comments
Thanks to low interest rates early this decade, a helpful tax policy and tolerant investors, the amount of home and consumer loans and home values rocketed upward from 2004 to 2006. The Wall Street Journal reported Tuesday that a growing number of economists believe the recession could be rougher than any recession that has occurred […]
27 January 2008, 17:05 No comments
In addition, Hillary will launch a major new initiative to reward colleges and universities that serve large proportions of low-income students and enable these schools to invest more heavily in recruitment and retention efforts for these students. As President, Hillary will widen the circle of opportunity by supporting colleges and institutions serving large proportions of […]
26 January 2008, 17:05 No comments
Liberty Corner, NJ (PRWEB) January 22, 2008 — Student Funding Group, LLC (StuFund) announced that it will be offering a number of new private student loan products. In addition, StuFund will offer non-certified private loans that are paid directly to the borrower, continuing education loans, and private consolidation loans. Our private consolidation loan offers a […]
25 January 2008, 16:04 No comments
And it remains unclear what benefits will be available to students who took out loans before that deadline, according to officials at the Kentucky Higher Education Assistance Authority/Kentucky Higher Education Student Loan Corp. That state agency acts as the guarantor for student loans provided by the Kentucky Higher Education Student Loan Corp. And that could […]
24 January 2008, 15:03 No comments
Of the approximately $125 million in loans that GW students hold, about $21 million are non-federally guaranteed private loans. In recent years, debt obligations such as student loans and home mortgages were sold by brokers onto the financial market as bundled packages of loans traded as bonds. Today, brokers are finding it increasingly difficult to […]
23 January 2008, 15:03 No comments
BRUNSWICK — Bowdoin College’s pledge Friday to eliminate student loans starting in 2008-09 could leave a wider path for Maine and current Bowdoin students in its wake. The college’s announcement will affect current underclassmen and all incoming classes, who will see no more loans issued by Bowdoin on their financial statements starting this fall. With […]
22 January 2008, 14:02 No comments
Washington, DC–(HISPANIC PR WIRE PRNewswire)–January 22, 2008–The National Hispanic Press Foundation [NHP Foundation] and Fundación Azteca America, two non-profit organizations dedicated to providing essential information to young Hispanics pursuing higher education, announced today their partnership to promote an engaging new blog. Aside from information on scholarship opportunities, NHP Foundation also offers information to prospective college […]
21 January 2008, 14:02 No comments
Two loans in particular, the FFEL and the Direct Loan Program, are specifically considered to be in default if no payments are made within 270 days. Obviously, having a student loan in default is very serious, and may affect your credit rating for a number of years, especially since it is usually the first thing […]