News Articles About Financial Aid

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
A new study offers surprising news in an uncertain economy: families are actually borrowing less money to cover college costs.

Survey Shows Families Borrowing Less for College

August 25, 2009
by Scholarships.com Staff
A new study offers surprising news in an uncertain economy: families are actually borrowing less money to cover college costs. The study, titled "How America Pays for College," shows that about 58
The rise of the online auction service eBay has prompted people to attempt to sell just about anything they can affix a price to. So while it's not surprising to find some pretty out there listings from time to time, it's still not every day you see a student auctioning off a stake in his future.

Business Student Lists Piece of His Future on eBay

August 21, 2009
by Scholarships.com Staff
The rise of the online auction service eBay has prompted people to attempt to sell just about anything they can affix a price to. So while it's not surprising to find some pretty out there listings
Over the course of the last year, a number of colleges and universities have begun to offer scholarship opportunities for people who have found themselves out of work and in need of further education or job training. Yesterday, U.S. News profiled several newer community college programs, including several full-tuition scholarships, but even more awards are out there. Here's a run-down of some of the scholarships for displaced workers that we've found.

Scholarships for the Unemployed

August 20, 2009
by Scholarships.com Staff
Over the course of the last year, a number of colleges and universities have begun to offer scholarship opportunities for people who have found themselves out of work and in need of further education
As the start of the fall semester approaches, students across the country are finding themselves in a precarious position when it comes to financial aid. As we've previously mentioned, several states have been forced to make deep budget cuts this year, canceling or reducing funding for scholarships and grants, in some cases after award notices have already been sent to students. This has left students scrambling for last-minute student loans, and in some cases facing the difficult decision of whether to take a semester off while trying to procure alternate funding.

Coping with College Aid Cuts

August 19, 2009
by Scholarships.com Staff
As the start of the fall semester approaches, students across the country are finding themselves in a precarious position when it comes to financial aid. As we've previously mentioned, several states
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