Financial Aid

Ann McClure's picture

New Report Calls for More Grants to Low-Income Students, End to Federal Parent Loan Program

The federal government must double down on grants to low-income students and dramatically simplify the system of student loans, says a new report by the non-partisan New America Foundation.

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Ann McClure's picture

Fairness For Struggling Students Act Would Reform Private Student Loan Bankruptcy Rules

Three U.S. Senators unveiled legislation Wednesday to reverse a 2005 change in bankruptcy laws that makes it nearly impossible to have private student loan debt discharged.

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Communicating about Financial Aid

Seven steps to a better process and output

With families’ growing concerns about financing higher education, and the federal government’s increasing involvement in recommending and/or requiring certain communications regarding institutional costs, every institution should be taking a step back to review all of the tools currently being used to present affordability, explain the aid application process, and communicate the awards themselves.

Lynn Russo Whylly's picture

Wells Fargo Names Rasmussen Head of Education Financial Services

The financial services and company veteran will lead the nation's No. 2 provider of private student loans. The appointment is effective February 11, 2013.

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Lynn Russo Whylly's picture

What Borrowers Think They Know

It can be tough for colleges to identify and counsel borrowers of private student loans. Schools aren’t required to certify these loans, so students can borrow them without the school knowing. Feedback from private student loan borrowers reveals they hold a host of common misconceptions about their loans.

Lynn Russo Whylly's picture

Pell Grant Changes Hit Community College Students Hard

Enrollment at Community College of Philadelphia fell 4 percent last fall, and officials suspect tightened eligibility guidelines for federal financial aid are to blame in part.

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The $1 Trillion Problem: Protect Your Institution from Student Debt

Educating students is key to minimizing the student loan debt problem affecting your entire campus

The pressure institutions are facing from the growing student loan debt crisis is felt by all departments, from financial aid to admissions. Schools are struggling to justify tuition costs to prospective students, as well as to ensure recent alumni leave pleased with the institution, despite having student loan debt. In this web seminar, originally broadcast on November 13, 2012, representatives from American Student Assistance (ASA), St.

Ann McClure's picture

Vets Face Confusion Using GI Bill At State Schools

Intricate rules govern residency differ from state to state,

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Ann McClure's picture

UConn's Sandy Hook Scholarship Fund Gets Boost From CEA

The UConn scholarship fund has already raised nearly $700,000

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Ann McClure's picture

How the Deal on the Fiscal Cliff Affects Financial Aid

Founder of Finaid.org offers highlights

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