Less paperwork to apply for OSAP

on Saturday 26 March 2011
Ontario is making the student loan and grant application significantly smaller. Colleges and Universities Minister John Milloy said students will have to do less paperwork when applying for the Ontario Student Assistance Program (OSAP).
The continuing goal is to ensure financial concerns don’t create a barrier to post-secondary education, he said.

In the past, students would need to have finalized their OSAP papers before going off to stand in long lines to get the Distance Grant or the Ontario Access Grant, which is available to students from low income families.
Now it will be "deposited directly into their bank account".

Essex to charge £9,000 fees

on Thursday 24 March 2011
Essex is the latest university to to charge maximum £9,000-a-year tuition fees.
The university said it aimed to bring about the charge at the start of the 2012 year.
A spokeswoman added: "The university will offer a package of bursaries and scholarships to support the most able students and those from lower income backgrounds."
Earlier this month, Labour said the Government could face a bill of about £800 million for student support if all universities charged £9,000 a year for tuition

Obama's Student Loan Attempts - Good or Bad?

on Tuesday 22 March 2011
Educational institutions currently have two ways to offer federal loans to students. What are they? (1) In the Federal Family Education Loan (FFEL, pronounced "fell") program, the government pays to banks and lenders to lend money to borrower companies up to 97% of the cost of any loan that is not returned. (2) DLP(direct-loan program), made in 1993 as a different option, in which the government removes the guy in between, lends money directly and gets all the profits.

The health-care debate would seem to help critics of the student-loan plan, who have no qualms about trying to connect both of them. "One of the points we're making is that the parallels to the health-care debate are really eerie," says Marrero. "The DLP was created as an option 16 years ago. It was used as a form of competition that would encourage innovation and keep the industry honest. Sound familiar?" But rather than fuel significant opposition to the student-loan plan, the health-care firestorm has blocked it, making it harder for opponents to rally an effective counterattack.  So the question is, can the health care plan really influence student loans? It would be interesting to see if we can hit two birds with one stone. 

Grants - Smart Student Financial Aid

on Monday 21 March 2011

Scholarships & Grants for College Students

 
Access to affordable education is very much possible with scholarships & grants for college students in all over the globe. These programs can give financial help to undergrad students who are taking degree programs at participating universities and colleges throughout North America. Requirements to receive academic funding each institution may have their own guidelines such as application due dates and application procedures.

GradPlus - An alternative loan for 2011?


GradPlus offers a low interest rate loan which is guaranteed by the US Government. There is no need for a credit check with this loan as there is with private ones.  It is for graduate students that need to borrow money for post-graduate school. It is an excellent option for 2011 educational aid. 
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FAFSA Filing 2011 - Info

Are you ready to file your FAFSA? At the beginning of every year is the time for college and university students to start filling out and filing the Free Application for Federal Student Aid (FAFSA) for the coming academic year. The FAFSA is used by colleges and universities to determine aid amounts for students. The New FAFSA The FAFSA form is now much easier to complete and file by applicants. The new form for 2011-12 has fewer questions and I would encourage all students to complete it!

Direct Student Loan in Montana

Montana doesn't run a college loan program. College loans in Montana are federal loans. The Direct Federal Student Loan Program (DFSLP) in the state organizes them. This does not offer any state specific loans or incentives to college students within the state. Getting School Funding in Montana The states Direct Federal Student Loan is the only Montana student loan program in the state these days. Montana students that have college fees and tuition due need these federal organization to satisfy their financial needs.


Student Loans

Welcome to the 2011 student loan assistance blog.