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College Loan Blog

The college loan blog will help you get the timely info you need to make your college loans work for you.

So, what kind of updates are included?

Anything to do with financial aid or paying for college, like:

  • Brand-new scholarships offered
  • Changes to state grants and scholarships
  • New private student loan options
  • Institutional changes by colleges and universities
  • Federal student loan changes
  • New Department of Education regulations
  • Proposed (and passed) legislation in Congress

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Federal Subsidized Stafford Loan 2011-2012

A subsidized Stafford loan can now be borrowed at the lowest rate for subsidized student loans ever. If you have unmet financial need, now is the time to borrow federal student loans.

Permalink -- click for full blog post "Federal Subsidized Stafford Loan 2011-2012"


Idaho State University Short Term Loans

Idaho State University offers short term loans or 90 day loans to students who experience financial difficulties during the school term. These are emergency loans rather than college tuition loans.

Permalink -- click for full blog post "Idaho State University Short Term Loans"


Federal Student Loan Servicing...New Servicer

Federal Student Loan Servicing has awarded a new contract to ESA/Edfinancial to service loans. Borrowers who currently have the Direct Loan Servicing Center as their servicer (and who are not in school or in their grace period) may be having their accounts transferred to ESA/Edfinancial, sometime in the next month.

Permalink -- click for full blog post "Federal Student Loan Servicing...New Servicer"


Extend the Tax Credit for Obvious Reasons!!!!!

The college tax credit should obviously be extended in my opinion. The economy isn't going to get any better, and if people can't even afford to go to

Permalink -- click for full blog post "Extend the Tax Credit for Obvious Reasons!!!!!"


Pell Grant Changes 2012-2013

Pell grant changes for 2012-2013 don't include any changes to the maximum award amount, but they do affect "who qualifies for how much", and everyone is affected by the changes for how long they can be received.

Permalink -- click for full blog post "Pell Grant Changes 2012-2013"


College tax credit...No matter how much we make...

It is just as hard to live making good money in a good house paying all those bills as someone making less money living in a small house paying smaller

Permalink -- click for full blog post "College tax credit...No matter how much we make..."


Sallie Mae's Smart Option...really shows you care.

I agree with the Smart Option, simply because when I graduate in four years, I want to pay back as little as possible to make me look better. Most students

Permalink -- click for full blog post "Sallie Mae's Smart Option...really shows you care. "


Disbursement issue

I'm still being told by my community college that they will only disburse money for tuition and a book allowance until after the first four weeks of class-

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Income Contingent Plan, Pay As You Earn

The Income Contingent Plan, nicknamed "Pay as You Earn", will take effect 2 1/2years earlier than planned. President Obama issued an executive order to begin the college loan repayment program in January 2012, instead of July, 2014.

Permalink -- click for full blog post "Income Contingent Plan, Pay As You Earn"


College Tax Credit, Don't just extend it, reform it!

Another perspective: I live in the Northeast where the cost of living is at the TOP of the scale. My higher salary (and I say higher relative to other

Permalink -- click for full blog post "College Tax Credit, Don't just extend it, reform it!"


College Tax Credit: Grateful for Being Given a Chance

Both of my degrees were lemons, and I dropped to being among the poorest in America. Now I think that where I am headed is going to put me in a better

Permalink -- click for full blog post "College Tax Credit: Grateful for Being Given a Chance"


If we dont Educate our Country will Depreciate!

Lets help people better themselves through education; this college tax credit allows just that! If you give more people the opportunity to educate themselves

Permalink -- click for full blog post "If we dont Educate our Country will Depreciate!"


Tax Credit, Fairness for the Middle Class

The college tax credit is the only way to abate the institutionalized discrimination against the average working, taxpaying American.Grants and scholarships

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College Tax Credit...The hard work should be RECOGNIZED!!

I think that if you are willing to put forth the effort to further your education that it should be noticed. I know for myself, I am going to college to

Permalink -- click for full blog post "College Tax Credit...The hard work should be RECOGNIZED!!"


Middle Class hit hard!!

The college tax credit needs to be at least 50% of the cost for those of us who are out of reach of any grants, etc. The income range should be 50,000-150,000.

Permalink -- click for full blog post "Middle Class hit hard!!"


This is just not fair at all!!!!

I have one child now in college and another on the way soon. My husband and I both work hard and we have a nice house. It is horribly disappointing when

Permalink -- click for full blog post "This is just not fair at all!!!!"


Free Pell Grant May Be Limited to 6 Years

Free Pell grant awards may be limited to only 6 years if the draft bill of the House Appropriations Committee is adopted.

This bill also proposes to eliminate Pell grants for students who go to school for less than half-time.

Permalink -- click for full blog post "Free Pell Grant May Be Limited to 6 Years"


Pell Grant Qualification May Change

The Pell grant qualification for an automatic EFC of "0" (entitling the student to the maximum award) will change for the 2012-2013 school year, if the House Appropriations draft bill becomes law.

The draft cuts the maximum income allowed to $15,000. See what the allowed income is, currently.

Permalink -- click for full blog post "Pell Grant Qualification May Change"


Oregon Scholarships

New Oregon scholarships are being offered by the University at Oregon to students whose income is too high to qualify for Pell grants.

Solari scholarships will be for incoming Oregon high school grads with a GPA of 3.6, and may be renewed for 4 years if students maintain a 3.0 GPA in college.

Permalink -- click for full blog post "Oregon Scholarships"


Florida Bright Futures Scholarship

Requirements for the Florida Bright Futures Scholarship now include filling out an error-free FAFSA. More than 2,500 students may not receive their money this fall, because they have not completed their FAFSA forms.

With tuition deadlines here, students who have not filed will need to secure other funding to make up gaps.

Permalink -- click for full blog post "Florida Bright Futures Scholarship"


College Tax Credit, Even Books Too!!!

I thought you weren't allowed to use the amount you spent on books if you purchased them yourself. I was told this by the my daughter's college that I

Permalink -- click for full blog post "College Tax Credit, Even Books Too!!!"


My Pell Grant Renewal Was Denied

I have appealed the Pell grant denial, but my financial aid office has not returned 5 calls. What do I do now? I am actually asking about a friend who

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Utah Scholarships

Two $250 Utah scholarships will be given for attendance at a college financial aid night (dates from 8/13 to 11/16) and a short (500 word) essay.

Rules are here.

Permalink -- click for full blog post "Utah Scholarships"


Extend College Tax Credit for Life

i just recently enrolled in college and I'm about to finish my 1st semester and enter my 2nd semester. I feel like the college tax credit should continue

Permalink -- click for full blog post "Extend College Tax Credit for Life"


Can my daughter still get a Pell grant, if I am behind on student loan payments?

I have an old student loan that I have gotten behind on payments. Will this make my child ineligible for Pell grant? ====================================================

Permalink -- click for full blog post "Can my daughter still get a Pell grant, if I am behind on student loan payments?"


Books are expensive, College Tax Credit Helps

Books are expensive, and most students don't get book stipends. I spent around $700(1 term) in books alone plus I had to pay some out of pocket expenses.

Permalink -- click for full blog post "Books are expensive, College Tax Credit Helps"


FAFSA Deadline

An early or late FAFSA deadline can make the difference as far as qualifying for a state scholarship.

Alaska's late deadline enabled 75% of the 2,337 academically qualified students, to claim their scholarships for high school seniors. Find out when your state FAFSA deadline is (before it's too late).

Permalink -- click for full blog post "FAFSA Deadline"


Indefinitely Extending the College Tax Credit

I am a parent of a child who will be attending UConn University in the Fall of 2011. I am middle-class and have tried to save for retirement,(I am 52)

Permalink -- click for full blog post "Indefinitely Extending the College Tax Credit"


Illinois Scholarships

Illinois scholarships and other college funding opportunities will be provided for undocumented students, when the Illinois DREAM Act is signed into law tomorrow.

Permalink -- click for full blog post "Illinois Scholarships"


Extending college tax credits fuels a slow economy

PLEASE extend college tax credits. College costs for the middle class, that large portion of the population that makes too much to qualify for favorable

Permalink -- click for full blog post "Extending college tax credits fuels a slow economy"


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