Whether this is your first year at a college or university or your last, you are bound to have “surprise” expenses that you did not factor into your educational costs. Tutors, computers or software, books, last minute tuition hikes, transportation needs - the Act Education Loan is a flexible supplement to your student aid package to help cover those expenses not met by your existing student aid package.
Popularity: 25% [?]
Spanish courses for young professionals, professionals and adults that are always on the run! Courses fitting all needs and schedules, flexible start dates and specialized courses as Pronunciation and Specific Vocabulary courses.
Popularity: 1% [?]
Moscow State Institute of International Relations MFA Russia (MGIMO-University) is a world renowned and one of the oldest Russian universities and it is consistently ranked as a leading university in the field of international relations, business, economics, political sciences and journalism. MGIMO currently enrolls more than 5,000 students from 60 Russia’s areas and 64 foreign countries. Many Russian and foreign high-ranking officials, political leaders, diplomats, scholars, businessmen and journalists graduated from MGIMO-University.
Popularity: 1% [?]
Adios Travel, Spanish Language Holidays. We help you find the best Spanish Language School for you to learn Spanish in Latin America. Learn salsa, tango, percussion or guitar. Voluntary Work also possible. Come and study Spanish abroad.
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TEAMS Technion American Medical Students Program is a foreign medical school in Israel for United States and Canadian students. The international medical school blends an American foreign medical school program with smaller classes, clinical experience and in-depth study and offers M.D. and Ph.D. degrees. US students are eligible for US Federal Loans.
Popularity: 3% [?]
Listen now:
Student Financial Aid News
+ NASFAA: HR 5715 approved - going through final phases now
+ Increase Annual and Aggregate Stafford Loan Limits
+ The bill would increase the following loan amounts for loans first disbursed on or after July 1, 2008:
+ Increases the additional unsubsidized Stafford annual limits by $2,000 for independent undergraduate students, and for dependent undergraduate students whose parents cannot borrow PLUS, but appears to reduce the additional unsubsidized limit for teacher certification to $6,000 for “undergraduate” students
+ Increases unsubsidized Stafford limits for dependent students by introducing additional unsubsidized amounts of $2,000
+ Increases aggregate unsubsidized loan amounts for undergraduate dependent students from $23,000 to $31,000 (minus subsidized borrowing) but does not appear to extend additional unsubsidized funds for preparatory coursework or teacher certification for these students.
+ Increases aggregate unsubsidized loan amounts for undergraduate independent students from $46,000 to $57,500 (minus subsidized borrowing)
+ Beginning July 1, 2008, the bill would allow parents to choose to defer payments on a PLUS loan until six months after the date the student ceases to be enrolled at least half time. Accruing interest could either be paid by the parent borrower monthly or quarterly, or be capitalized quarterly.
+ Special Provision for Parents Delinquent on Mortgage Payments
+ The bill would allow lenders to consider parents eligible for PLUS loans even if, during the period January 1, 2007, through December 31, 2009, the parents are or were:
+ No more than 180 days delinquent on a mortgage payment on their primary residence
+ No more than 180 days delinquent on any medical bill payments
+ No more than 89 days delinquency on the repayment of “any other debt”
+ The bill temporarily authorizes the Department to purchase FFEL loans originated on or after October 1, 2003, provided those purchases do not result in any cost to the federal government. The Department’s authority to purchase loans under this provision expires on July 1, 2009.
+ The bill would stipulate that if the Department acts as a secondary market lender, it must ensure that any proceeds paid to a lender are used in a “manner consistent with ensuring continued participation of such lender in the Federal student loan programs.” In other words, it would prohibit lenders from using those proceeds in any other way than ensuring they continue participating in FFELP.
+ Some massive changes, and I guarantee, some massive opportunities for loopholes as well, as these provisions contain opportunities for less than ethical behavior, like dumping delinquent borrowers on the Department and leaving them there
+ I still take issue with the whole rewarding bad behavior by allowing delinquent borrowers of mortgages to take out more debt in the form of PLUS loans - this is moral hazard, or encouraging people to behave irresponsibly
+ Here’s an abuse scenario just waiting to happen: Parents whose credit would otherwise deny them a PLUS loan take one out under the expanded, more lax lending standards
+ As part of due diligence, they fail the standard PLUS loan credit test
+ A lender marks them essentially as a high risk borrower
+ The lender holds the loan until the last quarter before the Department’s authority to purchase loans at present value ends - Spring of 2009 - then sells off the loans to the Department at present value, which is the loan plus accrued interest for those nine months
+ If you use a standard amortization table at 8.5%, 9 months of interest accrued on $30,000 is $1,890. If a lender can afford to hold onto high risk borrowers for 9 months, they can earn nearly $2K per high risk borrower at absolutely no risk because the loan will be flipped to the Department before the clock runs out
+ Does anyone besides me think this could be a problem for the taxpayer down the road?
+ I suppose www.ParentPLUSLoan.com is about to become one of our most popular web sites…
Scholarship Update
+ The Collegiate Inventors Competition is a national competition that recognizes and rewards innovations, discoveries, and research by college and university students and their faculty advisors. The Competition encourages students who actively pursue invention. Students frequently come from science, engineering, mathematics, and technology studies but creative invention can emerge from any course of study. The Competition also recognizes the working relationship between a student and his or her advisor. The program was introduced in May, 1990 and is operated by the National Inventors Hall of Fame Foundation.
+ Up to 15 finalists will win an all-expenses paid trip in Fall 2008 to present their work to a panel of expert judges. Each finalist or finalist team will also receive $2000. One Undergraduate and one Graduate winner or team will each receive $15,000. One Grand Prize winner or team will receive $25,000. Academic advisors of each winning team also receive a cash award.
+ Deadline May 16, 2008
+ Details at our free college scholarship search site
Free Stuff Friday
+ Realtime traffic data in Google Earth for major roads
+ Insanely cool! Google Maps has street view turns!
+ Juicy Juice sippee cups for parents of young children
+ Your local Starbucks has free music cards
+ If you’re a fellow podcaster, IODA Promonet is a great source of music for your show
+ Lifehacker has a hack for free Wi-Fi - warning, there might be consequences
+ Men’s Health has four free video workouts for your iPod or computer
+ Great presentation by Clay Shirky at Web 2.0
+ If you ever find yourself making presentations for school or work, watch this video by Garr Reynolds
Free Song of the Week
+ 
Ronn McFarlane
“Indigo Road” (mp3)
from “Indigo Road - Original Lute Music”
(Dorian Recordings)
Buy at iTunes Music Store
Buy at Amazon
More On This Album
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+ 
+ 
+ 
Direct MP3 file download:
Reminders
+ 
+ Financial Aid Podcast Show Notes at FinancialAidPodcast.com.
+ Free scholarship search secrets eBook at StudentScholarshipSearch.com/ebook
+ Open an FDIC-insured savings account today!
+ Private student loans available at any time - visit AlternativeStudentLoan.com
+ Student credit card information at StudentPlatinum.com
+ FAFSA form tutorials and free help at FAFSAonline.com
+ Edvisors Jobs
+ Grad student? Get graduate financial aid information at the GradLoans.com blog!
+ Stafford federal student loans at StaffordLoan.com
+ The Financial Aid Podcast is a publication of the Student Loan Network.
I want to hear from you! Email me at financialaidpodcast {at} gmail {dot} com, visit http://www.FinancialAidPodcast.com, or call 206-350-1208.
Technorati Tags: financial aid financialaidpodcast
Popularity: 4% [?]
Economic stimulus checks are rolling out beginning today across America. Over $150 billion will be distributed to American citizens. Every advertiser and company in America is rolling out a campaign to get you to spend your stimulus check with them, so I figured I’d throw my hat in the ring.
Each stimulus check more or less works out to $600 per working adult plus $300 per dependent child under 17. There are some variations, but that’s more or less the standard formula.
How should you spend your check?
The last point is probably the one I’d ask you to consider - even if it’s only a small amount of your check, please consider making some kind of donation.
Worth considering: $600 goes a long way in other parts of the world. A single economic stimulus check could feed 10 children in poverty from today until February 1, 2009. Check out the United Nations World Food Program.
Worth considering: $600 goes a long way in America, too. A single economic stimulus check could feed 10 American children living in poverty from today until January 1, 2009. Check out America’s Second Harvest.
Popularity: 4% [?]
FAP788: Reputation protection online
Jobcast
+ On the road this AM, talking about Google, personal brand, and keeping things clean
Did you enjoy today’s show? If so, please consider subscribing for free to get it delivered to you. Subscribing for free means you don’t have to remember to download it every day.
+
+
+
Direct MP3 file download:
Reminders
+
+ Financial Aid Podcast Show Notes at FinancialAidPodcast.com.
+ Free scholarship search secrets eBook at StudentScholarshipSearch.com/ebook
+ Open an FDIC-insured savings account today!
+ Private student loans available at any time - visit AlternativeStudentLoan.com
+ Student credit card information at StudentPlatinum.com
+ FAFSA form tutorials and free help at FAFSAonline.com
+ Edvisors Jobs
+ Grad student? Get graduate financial aid information at the GradLoans.com blog!
+ Stafford federal student loans at StaffordLoan.com
+ The Financial Aid Podcast is a publication of the Student Loan Network.
I want to hear from you! Email me at financialaidpodcast {at} gmail {dot} com, visit http://www.FinancialAidPodcast.com, or call 206-350-1208.
Technorati Tags: financial aid financialaidpodcast
Popularity: 3% [?]
Accredited, Bible-based, Christ-centred and Spirit-led programmes from Certificate level to Doctoral level.
Popularity: 5% [?]
FAP787: Using LinkedIn To Build Your Personal Network
News You Can Use
+ A session I did about LinkedIn, from PodCamp NYC.
+ Find me at http://www.linkedin.com/in/cspenn
Watch Now:
Slides:
Direct video file: M4V for iPods file
Did you enjoy today’s show? If so, please consider subscribing for free to get it delivered to you. Subscribing for free means you don’t have to remember to download it every day.
+
+
+
Reminders
+
+ Financial Aid Podcast Show Notes at FinancialAidPodcast.com.
+ Free scholarship search secrets eBook at StudentScholarshipSearch.com/ebook
+ Open an FDIC-insured savings account today!
+ Private student loans available at any time - visit AlternativeStudentLoan.com
+ Student credit card information at StudentPlatinum.com
+ FAFSA form tutorials and free help at FAFSAonline.com
+ Grad student? Get graduate financial aid information at the GradLoans.com blog!
+ Stafford federal student loans at StaffordLoan.com
+ The Financial Aid Podcast is a publication of the Student Loan Network.
I want to hear from you! Email me at financialaidpodcast {at} gmail {dot} com, visit http://www.FinancialAidPodcast.com, or call 206-350-1208.
Technorati Tags: financial aid financialaidpodcast
Popularity: 5% [?]
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