Wednesday, 7 December 2011

Financial Aid News

Financial Aid News

Link to Financial Aid News and Blog : FinancialAidNews.com

Pennsylvania College-Loan Agency Pays $12M to IRS

Posted: 06 Dec 2011 04:00 PM PST

"The quasi-state agency that provides low-interest tuition loans and grants to Pennsylvania college students is paying more than $12 million to settle an IRS investigation into the proceeds from its...

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

GEN-11-21: Expected Family Contributions of 99,999

Posted: 06 Dec 2011 04:00 PM PST

The purpose of this letter is to describe the special actions that an institution must take, beginning with the 2012-13 Award Year, when the Expected Family Contribution (EFC) of a student is...

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

House Budget Committee Is Searching for Excuses to Cut Pell Grants

Posted: 06 Dec 2011 04:00 PM PST

"How do you make $896 million disappear? If you're the House Budget Committee, all you have to do is change a few rules," Campus Progress reports. "In this case, the House Budget Committee is...

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

A Rare Bit of Good News for Pell Grants: A Surplus

Posted: 06 Dec 2011 04:00 PM PST

"Here's some good news for Pell Grants. Budget analysts expect the program to run a small surplus in fiscal year 2012," Jason Delisle writes in the New America Foundation's Ed Money Watch blog. "It...

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

Study Shows Targeted Financial Aid Increases Retention at Universities

Posted: 06 Dec 2011 04:00 PM PST

"As the University of Colorado and other colleges across the country aim to increase the retention rates of students, a new study finds that targeting need-based scholarships could help...

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

West Virginia: Streamlining Move Pays Off For College Students

Posted: 06 Dec 2011 04:00 PM PST

"More first-year college students in the state are taking advantage of the needs-based West Virginia Higher Education Grant Program and it's likely the result of the decision to simplify the...

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

Trapped by $50,000 Degree in Low-Paying Job Is Increasing Lament

Posted: 06 Dec 2011 04:00 PM PST

"About one-third of people with master's degrees make less money on average than a typical bachelor's degree holder, said Stephen J. Rose, a labor economist with Georgetown University's Center on...

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

Opinion: Obama's Lowdown on Higher Education and Student Loan Debt

Posted: 06 Dec 2011 04:00 PM PST

"Barack Obama can relate to one complaint from 'Occupy' protesters. He and his wife once had to pay off $120,000 in student debt," the Christian Science Monitor editorial board writes. "So when the...

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

Oregon: State Awards Grants to Boost Local College Access

Posted: 06 Dec 2011 04:00 PM PST

"The State of Oregon announced that it has awarded a $23,512 grant to Bend-La Pine School District's 8th Grade College Prep and Transition Camp, and a $54,689 grant to Central Oregon Community...

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

Data Show Feds Will Lend $54.3 Billion to U.S. Law Schools by 2020

Posted: 06 Dec 2011 04:00 PM PST

"Two weeks ago, I used U.S. News and Official Guide data to show that in 2010, 44,245 ABA law school graduates took on $3.6 billion in student loans, a sum that increased from $3.1 billion in 2008,"...

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

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