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The State of Private Educational Funding

November 22, 2010 | posted by College Money Insider.

While less prevalent than in recent years, educational loans from the private sector remain crucial in determining how accessible a university degree is to some students, according to Peter Carroll, General Manager of Overture Technologies’ Student Loan Marketplace.
In a recent interview with Doug Schantz, founder and editor of CheapScholar.org, Mr. Carroll states that these loans,…

Big Financial Aid Distribution Increase by San Jac

November 18, 2010 | posted by College Money Insider.

According to a recent article published on YourDeerParkNews.com, more than $41 million in financial aid was distributed by San Jacinto College during the 2009-2010 academic year. This was a 53 percent increase from the 2008-2009 funding year. More than 6,300 students used federal or state-awarded financial aid for academic programs (a 32 percent increase…

Does Comparison Shopping Hurt Your Credit Score? No!

November 18, 2010 | posted by Peter Carroll.

For years, a major concern for students who wanted to shop for a private student loan was that their credit score would be hurt if they applied to multiple lenders.
Lenders use a combination of information obtained on the student’s and co-signer’s credit report and their FICO scores (provided by Fair Isaac Corporation) to determine the…

FAFSA – More Families May Have to Show Tax Returns

November 17, 2010 | posted by College Money Insider.

In an effort to ensure that only qualified students receive financial aid, new federal regulations have been implemented that may require more students and their families to provide tax return information when applying for aid, according to an article published at http://www.amestrib.com.
The director of financial aid at Iowa State University, Roberta Johnson, recently cited that the federal…

Wishful Thinking Won’t Pay Tuition Bills

November 16, 2010 | posted by College Money Insider.

The following is a guest post by Suzanne Shaffer of Parents Countdown to College Coach.
Recently, the College Board and Art & Science Group, LLC published a study about college affordability and how it influences college choices. Upon releasing their findings, the study concluded:

Despite acknowledging some to great concern about their own or their families’ ability to…