RESTON, Va., May 30 /PRNewswire/ — Student loan interest rates will
climb 1.84 percentage points this summer — one of the largest increases in
the history of the federally guaranteed student loan program. Students,
graduates and parents who have student loans can avoid the rate hike if
they apply to consolidate their student loans by June 30.
 (more…)
Written by Originator on June 11th, 2006 with no comments.
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 LINCOLN, Neb., June 7 /PRNewswire-FirstCall/ — Today, Nelnet (NYSE:
NNI) announced a new online application for a Nelnet PLUS Loan program to
aid graduate and professional students in paying for college.
   The new Grad PLUS loans, which will be expanded to graduate and
professional students on July 1, 2006, will carry a fixed interest rate of
8.5 percent. The new rate on the guaranteed Federal PLUS Loan program was
established by Congress in the Deficit Reduction Act of 2005. (more…)
Written by Originator on June 11th, 2006 with no comments.
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An Academic Competitiveness Grant will provide up to $750 for the first year of undergraduate study and up to $1,300 for the second year of undergraduate study to full-time students who are eligible for a Federal Pell Grant and who had successfully completed a rigorous high school program, as determined by the state or local education agency and recognized by the Secretary of Education. (more…)
Written by Originator on June 11th, 2006 with no comments.
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