Friday 13 January 2012

Financial Aid News

Financial Aid News

Link to Financial Aid News and Blog : FinancialAidNews.com

Opinion: Finding Ways to Make Financial Aid More Effective

Posted: 12 Jan 2012 04:00 PM PST

"With money scarce and demand for college graduates high, now is the time to fix financial aid," Mark Schneider, vice president at the American Institutes for Research, and Sara Goldrick-Rab,...

For more great financial aid news and updates, visit http://www.financialaidnews.com/

Opinion: Should Washington Force Colleges to Release a Consumer Report Card?

Posted: 12 Jan 2012 04:00 PM PST

"Should colleges be required to prominently post consumer information for prospective students in a report card or 'nutrition label' for higher ed?" The Atlantic reports. "There's a deep divide. In...

For more great financial aid news and updates, visit http://www.financialaidnews.com/

Student Loan Negotiated Rulemaking Issues Could Bring More Consistency to Federal Loan Programs

Posted: 12 Jan 2012 04:00 PM PST

The student loan negotiated rulemaking committee approved for consideration 25 student loan regulatory issues Thursday, allowing the Department of Education (ED) to draft proposed rule language that...

For more great financial aid news and updates, visit http://www.financialaidnews.com/

P-12-01: 2012-13 Federal Pell Grant Payment and Disbursement Schedules

Posted: 12 Jan 2012 04:00 PM PST

The Department posted Payment and Disbursement Schedules to determine Pell awards for the 2012-13 Award Year (July 1, 2012 through June 30, 2013) for full-time, three-quarter-time, half-time, and...

For more great financial aid news and updates, visit http://www.financialaidnews.com/

01-12: 2012-13 FAFSA on the Web Preview Presentation

Posted: 12 Jan 2012 04:00 PM PST

The Department has posted a PowerPoint presentation containing screen shots of the 2012-13 FAFSA on the website to help you with the 2012-13 processing cycle. The presentation does not contain shots...

For more great financial aid news and updates, visit http://www.financialaidnews.com/

ED Contemplating 2012 Budget Act Provisions

Posted: 12 Jan 2012 04:00 PM PST

The U.S. Department of Education is expected to issue a Dear Colleague Letter (DCL) in the near future to explain the provisions of the 2012 budget agreement signed into law shortly before Christmas....

For more great financial aid news and updates, visit http://www.financialaidnews.com/

Some Lenders to Students Face Greater U.S. Scrutiny

Posted: 12 Jan 2012 04:00 PM PST

"The Consumer Financial Protection Bureau is stepping up its scrutiny of nontraditional lenders to students at profit-making colleges and trade schools that have high rates of default, the newly...

For more great financial aid news and updates, visit http://www.financialaidnews.com/

Student Loan Debt Worries Risk Managers-FICO

Posted: 12 Jan 2012 04:00 PM PST

"Respondents who thought delinquencies on student loan debt would rise increased by 19 percentage points from the third quarter to 67%, the Minneapolis-based credit scoring firm owned by Fair Isaac...

For more great financial aid news and updates, visit http://www.financialaidnews.com/

Few Options Available to Help Pay Off Private Student Loans

Posted: 12 Jan 2012 04:00 PM PST

"The sluggish economy has made the differences between federal and private loans even more pronounced," USA Today reports. "For example, federal student loan borrowers who are unemployed are entitled...

For more great financial aid news and updates, visit http://www.financialaidnews.com/

Vice President Talks Education Cost

Posted: 12 Jan 2012 04:00 PM PST

"Vice President Joe Biden brought the administrations message of affordable education to students and faculty at Gahanna's Lincoln High School," Ohio News Network reports. "There was a bargain in...

For more great financial aid news and updates, visit http://www.financialaidnews.com/

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