Financial Aid News

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• Gainful Employment Reporting Required by Oct. 1, Even for Schools without Gainful Employment Programs
• No Interest Subsidy for Graduate Students Means No Verification…Sometimes
• Opinion: Fighting for Pell Grants
• Missouri College Loan Agency to Process Federal Loans
• New York: College Offers Top Applicants Two-Thirds Off
• Obama Pushes DREAM Act, But Says he Needs Congress To Do It
• Old School: College's Most Important Trend is the Rise of the Adult Student
• Education Department Seeks to Ease New Program Approval Process
• States Fight a Federal Rule on Spending That Threatens Their College-Access Grants
• Too Many Rules

Gainful Employment Reporting Required by Oct. 1, Even for Schools without Gainful Employment Programs Posted: 29 Sep 2011 12:58 AM PDT Schools that do not have any academic programs subject to gainful employment regulations are required to report that fact to the Department of Education (ED) by Oct. 1, 2011, according to the most... For more great financial aid news and updates, visit http://www.financialaidnews.com/

No Interest Subsidy for Graduate Students Means No Verification…Sometimes Posted: 29 Sep 2011 12:44 AM PDT   To cut federal spending, Congress eliminated subsidized loan eligibility for graduate and professional students effective with enrollment periods beginning on or after July 1, 2012. The elimination... For more great financial aid news and updates, visit http://www.financialaidnews.com/

Opinion: Fighting for Pell Grants Posted: 29 Sep 2011 12:33 AM PDT "Today, a full Pell Grant covers just 34% of the costs to attend a public four-year university; down dramatically from the 72% it covered in 1976," Sen. Sheldon Whitehouse writes in the Huffington... For more great financial aid news and updates, visit http://www.financialaidnews.com/

Missouri College Loan Agency to Process Federal Loans Posted: 29 Sep 2011 12:31 AM PDT "Starting in October, thousands of people repaying their federal student loans will begin sending their checks to the Missouri Higher Education Loan Authority," Forbes Magazine reports. "The Missouri... For more great financial aid news and updates, visit http://www.financialaidnews.com/

New York: College Offers Top Applicants Two-Thirds Off Posted: 29 Sep 2011 12:30 AM PDT "For students with their sights set on a private college, the anxiety comes as a one-two punch: first from competing with thousands of others for a precious few spots, then from trying to scrape... For more great financial aid news and updates, visit http://www.financialaidnews.com/

Obama Pushes DREAM Act, But Says he Needs Congress To Do It Posted: 29 Sep 2011 12:28 AM PDT "President Obama on Wednesday reiterated his commitment to overhauling U.S. immigration laws, but said those who want him to do it without Congress are doing 'a great disservice' to the cause," CBS... For more great financial aid news and updates, visit http://www.financialaidnews.com/

Old School: College's Most Important Trend is the Rise of the Adult Student Posted: 29 Sep 2011 12:26 AM PDT "The quintessential American college student leaves home at 18 to live on a college campus for four years," The Atlantic reports. "We've historically defined 'nontraditional' students as those over... For more great financial aid news and updates, visit http://www.financialaidnews.com/

Education Department Seeks to Ease New Program Approval Process Posted: 29 Sep 2011 12:25 AM PDT "The U.S. Department of Education on Tuesday proposed to make approval procedure for new programs easier under the 'gainful employment' education rules, which was finalized last October, to make... For more great financial aid news and updates, visit http://www.financialaidnews.com/

States Fight a Federal Rule on Spending That Threatens Their College-Access Grants Posted: 29 Sep 2011 12:24 AM PDT "At least eight states are fighting to preserve federal money for low-income college students after the U.S. Education Department ruled they did not meet a mandate to provide consistent spending on... For more great financial aid news and updates, visit http://www.financialaidnews.com/

Too Many Rules Posted: 29 Sep 2011 12:21 AM PDT "After surveying more than 2,000 higher education officials about which federal regulations they find too burdensome, a federal panel now has its answer: Almost all of them," Inside Higher... For more great financial aid news and updates, visit http://www.financialaidnews.com/

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