Posts Tagged ‘Federal Loans#8217;

19
Jul

Loan terms available through the US Federal Student Loan program are becoming less attractive, and origination fees for both Stafford and Federal Plus loans are on the rise.  BusinessWeek writer Alison Damast writes:

“Incoming first-year MBA students and second-year MBA students typically spend July trying to finalize how they’ll be paying for school in the fall. This summer they’ll be in for a rude shock as they calculate how the recent raft of changes to the federal loan programs will affect their student loan payments…”

To see the full article, click here.

15
Jul

News on Federal Loan in the US from BusinessWeek/Bloomberg

Written on July 15, 2010 by Joël McConnell in Uncategorized

While IE does not participate in teh US Federal Loan Program for US students who wish to study abroad, this information may be of interest to IE candidates. 

Article snapshot below (full article here):

“Students taking out federal student loans will be confronted with a bevy of changes when they visit their school’s financial aid office this fall. This spring, the U.S. Senate passed a student loan bill—the Student Aid & Fiscal Responsibility Act—that led to a major revamping of the federal student loan program, shifting everything from how students obtain their loans to the amount of aid doled out through such programs as the Pell Grant….”

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