College Loan Blog
The college loan blog will help you get the timely info you need to make your college loans work for you. Subscribe by clicking on the orange RSS feed button.
Free Online Calculators, Calculate Loan Interest, Payments, Pell Grant Amounts
Free online calculators for student financial aid. Calculate loan payments for the standard or extended federal college loan repayment program, use the interest, accrued, consolidation or Pell calcs.
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Missouri Grants and Scholarships
Missouri Grants and Scholarships-
Final award amounts for the 2910-2011 Access Missouri Grant are revealed after budget cuts and a one-time cash payment by MOHELA.
Federal Pell Grant Changes...Horrible
They are hurting me. I cannot afford to go to school without this grant, and it appears that the grant is not going to pay my full cost of attendance.
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Direct Federal Student Loans are a Mess
Switching to Direct federal student loans has been a mess for my school. Students need to sign their new master promissory note by Aug 10 or they will
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College Grants and Scholarships...Over 3.4 Billion Dollars and Counting
New college grants and scholarships are created every day, but many are destined to be unclaimed scholarships. Don't let the one meant for you go back to sender.
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Download Really Cheap College Textbooks Online
Buying really cheap college textbooks can reduce the average cost of a college education by thousands of dollars. Now you can download college textbooks online for a fraction of their bookstore cost.
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New Private Loan Lender for Student Loans
A new private loan lender will be making college loans for students. Great Lakes Credit Union offers competitively low rates and a 1% discount when 10% of the loan is repaid.
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Online FAFSA Data Sharing
Online FAFSA data sharing with the IRS is just an invitation to trouble. It will be much more likely that anyone who does this will have their application
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Private Money to Borrow for College...Delaware
To borrow private money for college in Delaware, students can now apply to DEXTA Federal Credit Union.
DEXTA is the latest credit union to offer private student loans to members.
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The Benefits of Direct Federal Student Loans
Creating direct federal student loans eliminates the middle man, and eliminates the greed from that middle man. The whole purpose of education is to allow
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Federal Interest Rates for Federal Student Loans
Federal interest rates on subsidized Stafford loans drop today from 5.6% to 4.5%.
This rate is for loans taken out for the 2010-2011 school year.
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Oklahoma Scholarships
Oklahoma scholarships...The deadline for applying for the state's Oklahoma Promise Scholarship program is Wednesday, June 30,2010.
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Federal Student Financial Aid, Loans Information and Servicing Centers
Federal student financial aid help and contact information from student loan default help to student debt consolidation loans, to FAFSA official website support and each Direct loan servicing center.
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Federal Student Financial Aid Offices Holiday Schedule
All federal student financial aid customer service and processing centers will be closed on July 5, 2010.
Federal financial aid websites will be working, even though live customer service will be unavailable.
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The Online FAFSA Application Will Not Need to be Verified
If we use the online FAFSA application that fills in our tax information, why would it need to be verified? All the IRS information they need will be
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Rent Textbooks for Summer Courses
Rent textbooks for summer courses at 10% off from Chegg with coupon SUMMER (expires 6/30)
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A Direct Federal Student Loan Will Be Easier to Keep Track of
Getting a direct federal student loan will make it easier to keep track of which loan servicer is holding the loan. Many times, lenders sold federal loans
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Income Based Monthly Payment Formula
Although the income based monthly payment formula requires proof of income, beginning July 1, borrowers will be allowed to submit alternate forms of documentation if they believe that their federal tax return forms do not reflect current income.
Alternative Documentation of Income Form
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Missouri Grants and Scholarships
Missouri grants and scholarships for the 2010-2011 school year will be cut as a result of the $300 million budget cuts forced by lower state revenues.
Many students who will have their state need-based grant aid cut, are not qualified to receive Pell grant funding, because Missouri has a higher income threshold for need-based aid than the federal government.
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Direct Federal Student Loans Means More Choice
Having only Direct federal student loans for government school loans will actually lead to more choices for students and parents. While banks were making
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College Tax Credit...Divorced Parents Getting the Credit
I think the tax credit is good, but I think it should have been worded differently. My ex-husband gets to claim our daughter on his taxes, and he did
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Cheap College Textbooks
Cheap college textbooks will become possible when section 133 of the Higher Education Opportunity Act (HEOA) goes into effect on July 1, 2010.
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Arkansas Scholarships
Arkansas Scholarships...Applications for the Academic Challenge Scholarship topped 50,000 by the June 1 deadline, causing delays in processing.
Traditional students will be notified of their awards by the end of June, while current college students and returning nontraditional students will need to wait until July.
This program had more than ten times the number of applicants than it had last year, due to the easing of qualifications.
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College Grants and Scholarships, A Florida Scholarship
College grants and scholarships...A Florida scholarship worth $2,500 is available to culinary arts, hospitality or hotel/resort management majors who have a GPA of 3.0 at a higher education facility in Palm Beach.
Deadline for applications is July 14, 2010.
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College Grants and Scholarships Search
College grants and scholarships search...
This student did it right:
$1 million+
She began applying right at the start of her senior year, which meant that she had already done her research before that.
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College Grants and Scholarships Search
College grants and scholarships search...
This student did it right:
$1 million+
She began applying right at the start of her senior year, which meant that she had already done her research before that.
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Unusual Scholarships
Unusual scholarships...Students in Detroit, Michigan, Oakland, California and Washington D.C. can apply for a scholarship worth $1,000 each year for four years if they have perfect attendance in grades 9-12.
The 'Show Up to Blow Up' scholarship does not require any minimum GPA. Call (313) 831-1870 for an application. The deadline is June 30,2010.
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Kentucky Higher Education Assistance
Kentucky higher education assistance will soon be available in the form of new pharmacy scholarships at private schools.
These scholarships will cover the difference in tuition costs between the University of Kentucky and private colleges offering pharmacy programs.
The scholarships are actually loans, forgivable when graduates fulfill a pledge to work in coal-producing areas of Kentucky.
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Pell Grant Funding
Pell grant funding may have a surplus this year, thanks to SAFRA being passed, but it faces a $5.7 billion shortfall next year.
The House is voting on emergency appropriations today which will include this amount. If this bill is not passed, legislators will be forced to revisit this funding at election time.
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Stay-At-Home Penny Pincher
I believe this tax credit should be extended past 2010 because I will be in college until 2012. I have to stay at home to take care of my 1-year-old son,
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