News Articles About Financial Aid

Colorado's CollegeInvest agency, an organization in charge of state loan forgiveness and scholarship programs, is facing criticism and increased scrutiny from the state's legislature after an audit revealed conflicts of interest and a surprisingly low number of scholarship awards being made by the board. The state legislature will now require the agency to report to them monthly to ensure proper oversight of the state's scholarship and student loan funds.

Audit Reveals Problems with Colorado Scholarship Program

September 30, 2009
by Scholarships.com Staff
Colorado's CollegeInvest agency, an organization in charge of state loan forgiveness and scholarship programs, is facing criticism and increased scrutiny from the state's legislature after an audit
Student veterans still waiting on their financial aid this fall have finally gotten a bit of relief from the Department of Veterans Affairs.  The VA announced Friday that due to delays in processing requests for veterans' education benefits under the new post-9/11 GI Bill, they will be issuing emergency checks of up to $3,000 available to students whose benefits are still pending. These advances will be available through regional VA offices starting October 2, and students will need to bring a photo ID, a class schedule, and a certificate of eligibility to receive them.  The emergency funds will come out of future benefits checks due to the students.

Student Veterans May Finally Receive Fall Financial Aid

September 29, 2009
by Scholarships.com Staff
Student veterans still waiting on their financial aid this fall have finally gotten a bit of relief from the Department of Veterans Affairs.  The VA announced Friday that due to delays in processing
A new study out today shows that it literally pays off to ask for help if you're feeling lost while filling out your FAFSA. The National Bureau of Economic Research has found that low- and moderate-income financial aid applicants who received help from professional tax preparers when filling out their FAFSAs not only received more generous aid packages, but were more likely to apply for aid compared to those navigating the process independently.

Study Shows FAFSA Help Boosts Financial Aid Packages

September 23, 2009
by Scholarships.com Staff
A new study out today shows that it literally pays off to ask for help if you're feeling lost while filling out your FAFSA. The National Bureau of Economic Research has found that low- and
For-profit career colleges have had a rocky history, being met with skepticism and criticism from traditional academic institutions, as well as undergoing a great degree of government scrutiny over the years, as some institutions have been revealed to engage in a variety of questionable practices. So, when the Government Accountability Office announced an investigation of proprietary institutions that participate in federal student financial aid programs, few in the education industry were surprised. The results of these investigations were released on Monday, and they indicate that in at least some cases, distrust towards career colleges may still be warranted.

More Scrutiny of Career Colleges Recommended

September 22, 2009
by Scholarships.com Staff
For-profit career colleges have had a rocky history, being met with skepticism and criticism from traditional academic institutions, as well as undergoing a great degree of government scrutiny over
The House of Representatives is poised to vote today on legislation to eliminate the Federal Family Education Loan Program and increase funding for Federal Pell Grants. The bill, currently known as the Student Aid and Fiscal Responsibility Act of 2009, is widely expected to be approved by the House, possibly with some amount of bipartisan support.  While most of the provisions in the bill have relatively widespread backing, one element has generated a fair amount of controversy. Under the proposed legislation, all federal student loans, such as Stafford Loans and Plus Loans, originated after July 1, 2010 would be part of the Federal Direct Loans Program, rather than the current bank-based system.

House Votes on Student Loan Bill Today

September 17, 2009
by Scholarships.com Staff
The House of Representatives is poised to vote today on legislation to eliminate the Federal Family Education Loan Program and increase funding for Federal Pell Grants. The bill, currently known as
The new Post-9/11 GI Bill went into effect on August 1, bringing expanded educational benefits for students who have served in the military since 2001. These benefits are supposed to be available to students for the fall semester, but a mounting backlog of applications has the Department of Veterans Affairs saying recipients should expect processing delays of up to 8 weeks.

Veterans Face Financial Aid Delays

September 4, 2009
by Scholarships.com Staff
The new Post-9/11 GI Bill went into effect on August 1, bringing expanded educational benefits for students who have served in the military since 2001. These benefits are supposed to be available to
The Obama health plan isn't the only hotly debated controversy in which the of the social good is currently being invoked. College rankings also fall into this category with the release of Washington Monthly's annual rankings this month, which differ sharply from the better-known U.S. News and World Report rankings, and focus primarily on universities' contributions to the social good.

Washington Monthly Ranks Colleges on Social Good

September 3, 2009
by Scholarships.com Staff
The Obama health plan isn't the only hotly debated controversy in which the of the social good is currently being invoked. College rankings also fall into this category with the release of Washington
Sen. Edward Kennedy, a U.S. Congressman for more than 40 years, has left behind a long history of higher education programming, including the passage of an act last summer that expanded grant funding for low income students.

Sen. Edward Kennedy Leaves Mark on Higher Education

August 26, 2009
by Scholarships.com Staff
Sen. Edward Kennedy, a U.S. Congressman for more than 40 years, has left behind a long history of higher education programming, including the passage of an act last summer that expanded grant funding
View 58 More Articles