Friday 11 May 2012

Financial Aid News

Financial Aid News

Link to Financial Aid News and Blog : FinancialAidNews.com

05-10: Reminder – Retrieving the Pell Grant LEU Report Through the School's Reporting Newsbox on the COD Website

Posted: 10 May 2012 05:00 PM PDT

The Pell Grant Lifetime Eligibility Used (LEU) report is a web-only report that is available in a school's Reporting Newsbox on the Common Origination and Disbursement (COD) website. Until the COD...

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

Indiana High-School Students Graduating in 3 Years Eligible for $4,000 Scholarship

Posted: 10 May 2012 05:00 PM PDT

"The Mitch Daniels Early Graduation Scholarship, which began in 2011, is for public-school students who graduate from high school in three years," the Indianapolis Star reports. "The scholarship is a...

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

It is Wrong to Ransom College Affordability with Preventive Health Funds

Posted: 10 May 2012 05:00 PM PDT

"Why are Republicans fixated on holding middle class Americans hostage to their campaign to prevent government spending on preventive health services?" Leslie Gerwin, associate director of Law and...

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

Bringing Innovation to Financial Literacy and College Affordability

Posted: 10 May 2012 05:00 PM PDT

"Over the past several weeks, the media has been buzzing with reports about the student loan debt crisis and rising federal loan interest rates," Joseph Audette writes for U.S. News and World...

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

NASFAA Attends White House Brainstorming Summit on Financial Literacy Initiatives

Posted: 10 May 2012 05:00 PM PDT

The White House convened a room of financial experts, nonprofit leaders and students Thursday to develop a path forward for a national campaign to promote financial literacy in all aspects of life,...

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

Opinion: Closing the Gap Between College Aspiration and Success

Posted: 10 May 2012 05:00 PM PDT

"If we do not close the gap between college aspiration and college success, we will not only face a long-term economic crisis, but we will also lose that intangible aura of opportunity and wonder...

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

05-10: SECOND IMPORTANT REMINDER: SAIG Upgrade – All EDconnect and TDClient Users Must Upgrade to EDconnect 8.1 or TDClient 3.2 by May 27

Posted: 10 May 2012 05:00 PM PDT

The Department is in the process of implementing an upgrade to all components of the Student Aid Internet Gateway (SAIG). These upgraded software products must be used by all TDClient and...

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

The Draconian Hidden Penalty on Student Loans

Posted: 10 May 2012 05:00 PM PDT

"[T]here's another mostly hidden, rarely publicized percentage rate coming out of the U.S. Department of Education (DOE) that ought to be getting attention: If you default on your student loan,...

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

05-10: OUTAGE ALERT – SAIG Mailbox Functions Unavailable May 12, 2012

Posted: 10 May 2012 05:00 PM PDT

On  May 12, 2012 the Department plans to execute extended maintenance activity that will  impact all functions of the Student Aid Internet Gateway (SAIG) mailbox servers.  Please review this...

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

Illinois Students Feel Squeeze as Loan Figures Rise

Posted: 10 May 2012 05:00 PM PDT

"Scott Seibring, IWU director of student aid, said the average debt was $31,200 among students who graduated last year and had borrowed money -- an amount 'fairly similar' to other private liberal...

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

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