Scholarship News

House Votes to Extend ECASLA


September 17, 2008
by Scholarships.com Staff
The House of Representatives voted Monday to extend the Ensuring Continued Access to Student Loans Act (ECASLA) into the 2009-2010 school year.  The act also has broad support from lenders and financial aid administrators.  The ECASLA was signed into law this May in response to concerns that the credit crunch would have a serious impact on the availability of student loans.

The House of Representatives voted Monday to extend the Ensuring Continued Access to Student Loans Act (ECASLA) into the 2009-2010 school year.  The act also has broad support from lenders and financial aid administrators.  The ECASLA was signed into law this May in response to concerns that the credit crunch would have a serious impact on the availability of student loans.

ADVERTISEMENT

While it appears that students have had few problems finding adequate funding for school this fall, many lenders and financial aid administrators remain concerned about the potential for trouble in the next academic year based on the present economic situation. Many financial institutions continue to struggle with fallout from the subprime lending situation, and several major lenders have been forced to temporarily suspend student loan programs due to lack of financial backing.

The act still needs to be approved by the Senate and signed by the President.  If this happens, the continued federal support will likely make it easier for families to figure out where they'll find money for college in the 2009-2010 academic year without worrying about student loan availability. The provisions of ECASLA help the federal government keep major student loan lenders and guaranty agencies in business and in a position to continue to serve students, which is good news, at least in the short term, for families who need to borrow to pay for school.

Connect with our massive database of millions of college scholarships by conducting a free scholarship search at Scholarships.com. Scholarships.com offers the simplest way to search for, apply to, and win college scholarships. Make your college education affordable or even free, by conducting a free college scholarship search at Scholarships.com.

ADVERTISEMENT

Discuss

Share your thoughts and perhaps thousands of students will benefit from your unique insight on the subject!



If you can read this, don't touch the following fields


 
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
In the United States, guns have become the leading cause of death in children and teens, according to the CDC (2020). Every year, roughly 18,000 people under the age of 19 years old are shot and killed or injured by a firearm, according to research conducted by Everytown For Gun Safety. School shootings are a uniquely American epidemic. In 2022 so far, there have been 27 shootings in American schools. Last year, there were 34 shootings. Over the past 20 years, mass shootings have become the norm in American society, yet little effort has been made to prevent this uptick in gun violence on K-12 and college campuses.

Gun Violence in U.S. Schools: What You Can Do

May 27, 2022
by Liz Montenegro
In the United States, guns have become the leading cause of death in children and teens, according to the CDC (2020). Every year, roughly 18,000 people under the age of 19 years old are shot and
As we celebrate Asian Pacific American Heritage Month, we reflect on the enormous contributions of Asian Americans and share their culturally rich history. Asian Americans and Pacific Islanders make up the fastest-growing racial group in the United States, with more than 23 million it total. However, API individuals, communities, and businesses have been disproportionately impacted by discrimination and criminal acts that have only been exacerbated by the pandemic in recent years. Now more than ever, we need to stand united as Americans against anti-Asian racism.

Asian Pacific American Heritage Month 2022 Scholarships

May 25, 2022
by Liz Montenegro
As we celebrate Asian Pacific American Heritage Month, we reflect on the enormous contributions of Asian Americans and share their culturally rich history. Asian Americans and Pacific Islanders make
The   Voyager Scholarship was implemented by the Obamas in partnership with Brian Chesky, Co-founder and CEO of Airbnb, who donated $100 million to this program. The mission of this scholarship is to help students pursue careers in public service and solve some of our world’s greatest challenges. The Voyager Scholarship provides students access to education and travel opportunities to help expand their horizons and bring about significant change. During this scholarship’s first year, and it is estimated that 100 college juniors will receive up to $50,000 to cover tution and educational expenses, plus up to $30,000 in international travel stipends and credits. Recipients have the option to renew as seniors.

The Obama-Chesky Voyager Scholarship for Public Service

May 18, 2022
by Liz Montenegro
The Voyager Scholarship was implemented by the Obamas in partnership with Brian Chesky, Co-founder and CEO of Airbnb, who donated $100 million to this program. The mission of this scholarship is to
Summer is a great time to experience new things outside of the hectic school year routine. For students who want to beef up their resume, make some money, and have a little fun along the way, working a summer job is a great option! A part-time job gives you the unique opportunity to gain real-world experience and begin forging your own career path. You’ll also get the chance to become a better communicator by working with a wide range of customers and co-workers from all walks of life. Explore which types of work environments you might enjoy with these top 4 summer jobs (and related scholarships)!

Top 4 Summer Jobs For High School Students

May 13, 2022
by Liz Montenegro
Summer is a great time to experience new things outside of the hectic school year routine. For students who want to beef up their resume, make some money, and have a little fun along the way, working
Applications are currently open for the Pacific Gas & Electric (PG&E) Corporation Foundation’s  Better Together STEM Scholarship! Ranging from $2,500 to $10,000, the program is available to students who are pursuing STEM-related careers at universities in California and Historically Black Colleges and Universities (HBCUs) in the U.S. Eligible applicants include graduating high school seniors, college students, veterans, nontraditional students, and adults returning to school and plan to enroll in a full-time undergraduate program at an accredited four-year college or university. Don’t delay, applications close on June 3, 2022 at 3:00 PM CT.

PG&E Better Together STEM Scholarship

May 11, 2022
by Liz Montenegro
Applications are currently open for the Pacific Gas & Electric (PG&E) Corporation Foundation’s Better Together STEM Scholarship! Ranging from $2,500 to $10,000, the program is available to students
What is the  Pep Boys Find Your Drive Scholarship?  Pep Boys is committed to helping talented automotive technicians accelerate their careers through its annual scholarship program. This year, the program will award two $10,000 and six $5,000 scholarships to help students within the U.S. cover educational expenses for the upcoming school year. Applications will be open until May 27, 2022.

Pep Boys Find Your Drive Scholarship

May 4, 2022
by Liz Montenegro
What is the Pep Boys Find Your Drive Scholarship? Pep Boys is committed to helping talented automotive technicians accelerate their careers through its annual scholarship program. This year, the
For a Bright Future Foundation is a non-profit organization based in Boynton Beach, Florida. The Foundation is dedicated to supporting underprivileged youth with outstanding achievement in their college and career pursuits. Founded by Louis Hernandez Jr., the Foundation provides a variety of scholarships, internships, and educational programs.  Current scholarships are available in the areas of youth leadership development, education, healthcare, STEM, and the arts.

Minority Scholarships: For a Bright Future Foundation

April 27, 2022
by Liz Montenegro
For a Bright Future Foundation is a non-profit organization based in Boynton Beach, Florida. The Foundation is dedicated to supporting underprivileged youth with outstanding achievement in their
This year’s Earth Day theme is “Invest in our Planet.” Let’s take some time today to think of ways we can be more conscious of how we use Earth's precious resources, and what simple changes we can make to promote the health of our environment. You can celebrate Earth Day in many ways, big or small. By taking shorter showers, you can help conserve water. Riding your bike instead of driving, when possible, can help reduce pollution. Planting a tree or a garden can help clean the air we breathe. Any efforts you make, no matter how minor they may seem, will contribute to taking care of our Earth. If you’re passionate about protecting the environment, check out our featured  environmental activism scholarships.

Earth Day Scholarships 2022

April 22, 2022
by Liz Montenegro
This year’s Earth Day theme is “Invest in our Planet.” Let’s take some time today to think of ways we can be more conscious of how we use Earth's precious resources, and what simple changes we can