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  • +7

    Albany City Council Passes Loan Forgiveness Resolution

    Albany City Council Passes Loan Forgiveness Resolution
    The Albany Common Council passed a non-binding resolution urging Congress to "consider forgiving student loans" on Monday, August 17, 2009 by a vote of 12 to 0. The city council's resolution was inspired by similar calls for forgiveness by several Facebook groups. Resolution #43.42.09R was proposed by Jim Sano, chair of the city council's Finance Committee. It urges Congress to forgive ...
    Published almost 5 years ago | Rated: +7
  • +5

    Rolling US Savings Bonds into a 529 College Savings Plan for Tax-Free Treatment

    I read your article on rolling savings bonds into a 529 plan but I am still not sure of one thing. If we are over the income threshold for tax-free redemption, can we roll the bonds into the 529 and avoid paying taxes on the bonds? Then when we take deductions from the 529 to pay for qualified expenses do we ...
    Published almost 2 years ago | Rated: +5
  • +10

    Check Out FastWeb's Video Coverage of the University of California's Student Protests!

    Check Out FastWeb's Video Coverage of the University of California's Student Protests!
    UC Berkeley students are up in arms over an approved 32 percent tuition increase for all ten campuses in the University of California system that will raise yearly fees above $10,000 for the first time in history. Similar protests and sit-ins took place at UCLA and UC Santa Cruz. The regent committee endorsed the hefty hike by a vote of 10-1. ...
    Published over 4 years ago | Rated: +10
  • +8

    Student Credit Cards

    Student Credit Cards
    You see the offers everywhere, free duffel bag for signing up for this credit card, free water bottle, campus gear and sometimes even free money. Before you go signing on the dotted line, find out what you’re really signing up for. If you’re serious about considering a credit card, find out what kind of card it is. Not all plastics are ...
    Published almost 3 years ago | Rated: +8
  • +6

    Consumer Bankruptcy Attorneys Call for Return of Bankruptcy Discharge for Student Loans

    The National Association of Consumer Bankruptcy Attorneys (NACBA) held a press conference on Tuesday, February 7, 2012 during which they called on Congress to allow federal and private student loans to be discharged in bankruptcy, to restore a reasonable statute of limitations on student loan collections and to improve oversight of private collection agencies. NACBA also released the results of a ...
    Published over 2 years ago | Rated: +6
  • +8

    Rolling Savings Bonds into a 529 College Savings Plan for Tax-Free Treatment

    My son is heading to college this fall and I would like to use his savings bonds tax free, although the way I read the rules I think I cannot do it. Here is the story: All of the bonds were bought from 1994 through 2001 by various family members. All of the bonds have my son's name on the "TO" ...
    Published about 2 years ago | Rated: +8
  • +6

    When Does Repayment Begin on a Subsidized Loan?

    When does a student have to start paying back a subsidized loan? — A.A. If the loan is a subsidized Stafford loan, repayment begins 6 months after graduating from college or dropping below half-time enrollment status. If the loan is a Perkins loan, repayment begins 9 months after graduating from college or dropping below half-time enrollment status. The 6 or 9 ...
    Published almost 3 years ago | Rated: +6
  • +1

    Insider Secrets: Scholarships 101

    Financial aid is a complicated topic with an alphabet soup of acronyms like FAFSA and EFC, rolling deadlines and (seemingly) endless forms, rules and regulations. But with the state of the economy, you're most likely going to have to get some sort of outside help in your pursuit of higher education. Don't panic! This video will provide you with answers ...
    Published over 4 years ago | Rated: +1
  • +6

    Financial Aid for a Student Returning to College for Retraining in a New Career

    My wife is looking to go back to school for a new career. But I'm pretty lost as to how to help her with all this financial aid stuff. Can you help me to get started, or at least point me in the right direction? — Skyler G. Most of the answer to the first question in last week's Ask Kantro ...
    Published over 3 years ago | Rated: +6
  • +9

    Completing the FAFSA When the Student's Parents Have a Legal Separation

    My parents aren't divorced but are legally separated and have been for about ten years. My mother is unable to remember where the papers for their separation are. I was wondering if I have to put my father's information on the FAFSA even though my mother is my primary care-giver. (I spend all 365 days a year with her.) I don't ...
    Published almost 3 years ago | Rated: +9
  • +8

    How Do I Fix an Non-Qualified Distribution from a College Savings Plan?

    I had a CollegeSure CD for my son who started college last fall. After the CD matured in August, I cashed it out and put the money in a savings account thinking I had to do that. He didn't have enough college expenses for the first semester to equal the gross distribution, so now I think we're in a terrible tax ...
    Published over 3 years ago | Rated: +8
  • -7

    Insider Secrets: Financial Aid Myths

    Financial aid is a complicated topic with an alphabet soup of acronyms like FAFSA and EFC, rolling deadlines and (seemingly) endless forms, rules and regulations. But with the state of the economy, you're most likely going to have to get some sort of outside help in your pursuit of higher education. Don't panic! This video will debunk some of the ...
    Published over 4 years ago | Rated: -7
  • +8

    Timing of an Appeal for More Aid and Appealing the Asset Value of Unsold Real Estate

    How soon after filing the FAFSA can I request a professional judgement review (without seeming overanxious)? We tried to sell our previous home last year without success. The home is vacant and not used for rental. Naturally we have to list this as an asset which makes our total assets look like more than they are. Furthermore, the value we used ...
    Published over 3 years ago | Rated: +8
  • +5

    Complete, Concise Federal Loan Programs Info

    As soon as a student begins their college search process, they meet their biggest adversary: money. Unfortunately, money only complicates things for students searching for the perfect school. Throw in words like "unsubsidized Stafford loan" and they're ready to quit college before it even starts. However, Kantrowitz has a great way of simplifying federal loan programs for students. The Stafford Loan ...
    Published about 5 years ago | Rated: +5
  • +6

    U.S. Department of Education Seeks Ideas from Students, Parents and Educators on How To Improve Financial Aid Award Letters

    Public Meeting The U.S. Department of Education is holding a public meeting on Tuesday, September 13, 2011, to discuss ways to improve financial aid award letters. The goal is to develop recommendations for making financial aid award letters easier to understand and compare. The public meeting will also help the U.S. Department of Education create a recommended model for financial ...
    Published almost 3 years ago | Rated: +6
  • +4

    Impact of the Super Committee Stalemate on Federal Student Financial Aid

    On November 21, 2011 the Joint Select Committee on Deficit Reduction, also known as the super committee, announced that it had failed to reach an agreement to reduce the deficit. The super committee was charged with cutting the budget deficit at least $1.2 trillion over the next 10 years. One side was unwilling to increase revenues while the other side was ...
    Published over 2 years ago | Rated: +4
  • +8

    Fastweb Wins Award for Financial Literacy Education

    Fastweb Wins Award for Financial Literacy Education
    For nearly 17 years, Fastweb has worked to become the leading online resource for paying and preparing for college, and recently, our site soared to new heights with the EIFLE Award! Fastweb was named 2012 Organization of the Year by the Institute for Financial Literacy on Wednesday, April 18, 2012. The Institute for Financial Literacy announced the winners of the 2012 ...
    Published over 2 years ago | Rated: +8
  • +6

    White House Calls on Colleges to Adopt Clear College Cost and Financial Aid Disclosures

    The White House is calling on all college and university presidents to provide incoming students with clear and easy-to-understand college cost and financial aid disclosures. On June 5, 2012, Vice President Joe Biden, Secretary of Education Arne Duncan, Director of the Consumer Financial Protection Bureau (CFPB) Richard Cordray and Domestic Policy Council Director Cecilia Muñoz hosted a roundtable with presidents of ...
    Published about 2 years ago | Rated: +6
  • +8

    Emergency Dental Care for an International Student; Reporting a New Spouse's Income and Assets on the FAFSA

    I am not a US citizen. I came to the United States a month ago to begin graduate school. Unfortunately I got a severe toothache a week ago. As a teaching assistant I have health insurance provided by my school, but it doesn't cover dental care. No matter how bad it gets, the toothache will not be considered an emergency. The ...
    Published almost 4 years ago | Rated: +8
  • +3

    Education Lender Agrees to Pay Borrowers $9.75 Million in Class-Action Lawsuit Settlement

    Education Lender Agrees to Pay Borrowers $9.75 Million in Class-Action Lawsuit Settlement
    If you borrowed federal student loans from NorthStar Education Finance, you may get a small refund as part of a class action settlement concerning NorthStar Education Finance's suspension of its T.H.E. Repayment Bonus loan discount program. As a non-profit education lender, NorthStar Education Finance had one of the best loan discount programs, which provided a 1% interest rate reduction for undergraduate ...
    Published over 4 years ago | Rated: +3
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