The Student Loans News Updates

Canada Student Loans needs $149M cash injection

2011-02-10T08:23:00.000-08:00

OTTAWA — The government says it needs to pump hundreds of millions of extra dollars into its student-loans program to keep the system functioning.

Budget documents tabled Tuesday show the Canada Student Loans Program needs an injection of $149.5 million to cover writeoffs of more than 60,000 unanticipated defaults.

At the same time, the program says it needs another $311.2 million to meet higher demand for the loans, just as repayments decline.

The request for extra funds comes just months after Ottawa scrambled to raise the ceiling on the amount of student-loan money it can have outstanding at any time.

The requirements for extra funding point to the mounting trouble students are having in paying rising tuition fees, says the Canadian Federation of Students.

"It's cause for concern," said David Molenhuis, the federation's chairperson.

Tuition fees have risen dramatically in the last few years, while students have been hit hard by the recession and find it increasingly difficult to save, he said.

"We've sounded several alarm bells."

It's not surprising that the government needs more money for the program, he said, because the delinquency rate for student borrowers rose to about 13 per cent in 2010-2011, compared with about 10 per cent a year earlier.

At the same time, the number of students borrowing money has risen 6.5 per cent in the last year, and the amount of money borrowed by students has jumped eight per cent.
"Certainly the majority of students require some form of debt repayment to fund their education," Molenhuis said.
"Without substantive changes, we're going to see higher levels of delinquencies."

A spokesman for Human Resources Minister Diane Finley, who oversees the program, said the loan defaults can be traced back seven years, and have nothing to do with today's tuition or the recession.

Ryan Sparrow said his government has been extra generous to students.

"As a result of the actions of our Conservative government, students now have access to more student grants than at any time in Canadian history."

Besides student loans, the government is seeking approval to spend an extra $1.8 billion beyond what was anticipated in earlier budget documents for the 2010-2011 fiscal year.

About half of that amount is for new initiatives, such as $216 million on a new National Defence headquarters. The other half is for increases in continuing federal programs, such as equalization and disability savings grants.

And some extra cash -- about $22 million -- is for the Canada Border Services Agency for costs associated with the arrival last August of the MV Sun Sea off British Columbia, with several hundred Tamil refugees.

Treasury Board President Stockwell Day says the government is well on its way to reaching its spending-control targets and eliminate the $45-billion deficit by the 2015-2016 fiscal year.
"We are on track and we are going to get there, and not by slashing programs to people," Day told a parliamentary committee on Tuesday.
In a testy exchange with opposition members during which MPs accused the minister of having no detailed plan, Day reiterated that he would balance the books mainly by freezing the operating budgets of government departments, and by ending the government stimulus program that has bloated government expenses for the past two years.

He lashed out at the parliamentary budget watchdog, Kevin Page, who has criticized the government for not putting forth a solid deficit-reduction plan.

"It is a factual inaccuracy to say there is no plan," Day said. "He is grossly wrong."

The Parliamentary Budget Officer has published an analysis of Day's operating budget freeze, concluding that the government has not thoroughly explained the impacts of its deficit-cutting exercise.

Day has said that much of the savings would come through attrition of public servants, but the PBO could not find much evidence of departmental planning to make do with far lower staffing levels.

"The fiscal objective is clear but there is no plan for Parliamentarians on how to achieve it," Page said in an email Tuesday, adding a long list of unanswered questions.

Day says he has left it up to deputy ministers to decide how best to make do with their budget freeze, and does not want to micro-manage their operations.

By http://www.ctv.ca

Student Loans - Uncomplicated Asset-Free Money For Use

2011-02-10T08:21:00.001-08:00

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2011-02-07T08:19:00.000-08:00

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Promulgating the Regulation apply to loans students, students of universities

2011-02-01T17:53:00.000-08:00

STATE BANK OF VIETNAM
Number: 1134/2001

DECISION
Promulgating the Regulation apply to loans students, students of
universities, colleges, high schools and vocational

Pursuant to the State Bank of Vietnam and the Law on Credit Institutions dated 12/12/1997;
Pursuant to Decree No. 15/CP dated 02/03/1993 of the Government on tasks, powers and management responsibilities of ministries, ministerial-level agencies;
Pursuant to Decision No. 51/1998/QD-TTg dated 02/03/1998 of the Prime Minister on the establishment of credit funds and training;
At the request of the Director of Monetary Policy,

DECISION:

Article 1. Issued together with this Decision the Regulation apply to loans to undergraduate students, universities, colleges, high schools and vocational training.
Article 2. This decision takes effect from the date 01.10.2001, instead 219/1998/QD-NHNN1 Decision dated 01/07/1998 of the State Bank issued the Regulation on Credit for students, students of universities, colleges, high schools and vocational training.
Article 3. Heads of units under the State Bank, director of the State Bank branches in provinces and cities directly under the Central Board Chairman and General Director of a commercial bank or bank policy is assigned for loans to students, pupils are responsible for implementing this decision. /.

LENDING REGULATION
APPLICATION FOR PUPILS, UNIVERSITY STUDENTS,
COLLEGE, HIGH SCHOOL AND JOB TRAINING PROFESSIONAL
(Issued together with Decision No. 1134/2001/QD-NHNN
dated 26.09.2001 of State Bank)

Article 1. Scope of Application
This Regulation provides for loans in Vietnam dong of a commercial bank or bank policies are assigned to student loans, students of universities, colleges, high schools and vocational Credit Training Fund was established under Decision No. 51/1998/QD-TTg dated 02/03/1998 of the Prime Minister.
Article 2. Definitions
1. The phrase referred to in this Regulation:
- Pupils and students called the student.
- Universities, colleges, high schools and vocational schools for short.
- Commercial banks, policy banks or assigned to provide loans to students for short bank.
- Representatives of student's family or legal guardian of the student, the student committed in Vietnam in the written request referred to as the loan commitment to pay debts.
2. Loan term is calculated from the time when students receive loans for the first time to pay off the loan principal and interest were recorded in the credit agreement.
3. Repayment period is the period of repayment period stated in the credit contract that at the end of that time students must pay part or all of the loan.
4. Adjust the repayment period is approved by the Bank for students to change the repayment period was recorded earlier in the credit agreement.
5. Rescheduled loan is the Bank approved an extended period of time than the lending period stated in the credit agreement.
6. Course end date is the time students finish exams or defend their theses.
Article 3. Student loan objects
1. Students currently enrolled in the main system focused universities, colleges, high schools and vocational public and semi-public or establish a training period of 01 years and the loan in The first academic year based on academic grade of the semester 1 and from second year onwards based on academic grade of the year preceding that in which students achieve the following:
a. For students of social policies as stipulated in Article 1, Section I of the Joint Circular No. 26/1999/TTLT-LDTBXH-BGDDT on 02/11/1999 and students who are poor or of poor standard by provisions of Decision No. 1143/2000/QD-LDTBXH on 10/11/2000 by the Ministry of Labour, Invalids and Social Affairs, the student is not subject to the policy of permanent residence before they entered school in a region : Achieve overall GPA of 5.0 points extending from above:
b. For students not subject to the policy have permanent residence in the area before entering the school 2: Achieve overall GPA of 6.0 from expanding upward.
c. For students not subject to the policy have permanent residence in the area prior to entering school 3: Achieve overall GPA of 7.0 from expanding upward.
Regulations on the students of Region 1, 2, 3 follow the enrollment regulation by the Minister of Education and Training issued Decision No. 05/1999/QD - MoET on 23/02/1999.
2. For students studying in schools and has been borrowing from credit fund training, but have difficulty, unable to continue studying, the Board approved the name of the school term and Reserved learning outcomes to be able to continue studying later, the learning time of students at the school, including time off school is the school's approval. When students return to continue their training, the loan is based on learning outcomes of the school year preceding the school.
Article 4. Loan conditions
Students must meet the following conditions:
1. Subjects specified in Article 3 of this Regulation.
2. Purpose of using loans to cover expenses while studying in schools.
3. Representing student's family or legal guardian of the student in Vietnam committed in the written request of the student loan repayment responsibilities on behalf of students where students change schools, drop out of school, be removed from the list of students, or after finishing the course in schools where students do not repay the loan principal and interest on time or did not pay off the debt when the final repayment period.
Article 5. Objects loans
Is the cost of procurement of textbooks, learning facilities, research and other expenses for students' learning while at school.
Article 6. Loan amount
Loan amount for student loans by the Bank decided to fit the needs of each student loan, but a maximum of 200,000 a month for each student.
Article 7. Loan term
Loan term including grace period and repayment period:
1. The duration of grace period is counted from the date the student received the first loan until the end of the course, including the time students leave school for a term of study and retain academic results (if available).
2. Repayment period is calculated by the Bank in student loans while studying at the school.
Article 8. Lending rate
1. Interest rates for student loans to lower than normal interest rates of commercial banks during the same period. The interest rate specified by the State Bank announced on the basis of consulting with the Minister of Education and Training.
2. Overdue interest rate equal to 120% lending rate recorded in the credit agreement.
Article 9. Credit file
1. Request for student loans under the Bank's printed form. This paper only 01 times, using both the course and sent to the bank when the first loan, of which the following elements:
- The commitment of the student's family representative or legal guardian of the student in Vietnam on the responsibility to pay debts for students in case of transfer students, out of school, be removed from the list of students , or after finishing the course in schools where students do not repay the loan principal and interest on time or did not pay off the debt when the final repayment period.
- Confirmation of the People's Committees of communes, wards and towns where students represent family or legal guardian of the student in Vietnam have their permanent residence address and signature of the representative family study birth or legal guardian of the student loans in the Request is correct and that student's family circumstances are not enough financial capacity to cover the cost of student learning should be student loan needs.
- Confirmation of the managing board of the school or the managing board authorized the student is eligible for consideration for bank loans under the provisions of Article 3 of this Regulation.
2. Where students under current policy, there must be a copy certified by the State agencies competent, certified by the school, taken from student records are kept at the school.
3. Students and the Bank signed a credit contract at the time the first loan, used for both courses.
4. Student-written commitment to repay the loan principal and interest after completing the course.
Article 10. The order of consideration for the loan
The loans made to students in the following order:
1. Beginning of the new school year, students eligible for loans registered with the school loans.
2. The field test and make a list of students eligible for bank loans sent the same time, develop printed form Request for loans provided by banks to students to fulfill the content, the factors in Paragraph 1 of Article 9 of this Regulation.
3. Students submit written request to the bank loan, in case the student of policy must be accompanied by written certification by state agencies specified in paragraph 2 of Article 9 of this Regulation.
4. Bank lending, the credit contract with students; case of lending, the Bank shall notify in writing to the school and the students know, clearly stating the reasons for the refusal to lend.
Article 11. Repayment of principal and interest loan
1. During the period under study at the school, students may pay principal and interest loan, loan interest is calculated from the day after students finish the course until full repayment of principal.
2. Students must repay the loan principal and interest within the first 6 months after the end of the course.
3. Where students change schools, drop out of school, be removed from the list of students, or after finishing the course in schools where students do not repay on time or did not pay off the debt when the debt repayment period to end Finally, the person must be committed to pay debt repayment obligations.
4. Loan interest is calculated by the method of calculation of interest in items specified in Paragraph 2 of Article 10 prescribe the method of interest calculation and accounting of revenue and interest of the State Bank and credit institutions, issued together with Decision No. 652/2001/QD-NHNN ngay17/05/2001 of the State Bank.
Article 12. Rescheduled loan repayment period adjustments
1. When the repayment period stated in the credit contract, or students who pledge to pay debt can not afford to pay off the loan principal and interest due to objective reasons, the student or his commitment to repay instead send a written request to adjust the repayment period to the Bank to consider adjusting the debt repayment period, if not adjusted term debt, the Bank transferred the loan to overdue it.
2. When the time of final payment as stated in the credit agreement, if students can not afford the full repayment due to objective reasons and also pledged to pay debt can not afford to repay, the school Birth or committed to pay the debt must send a written request to extend loans to banks, for banks to consider rescheduling the maximum term is two years from the time of final payment, if not further term debt, the Bank transferred the loan to overdue it.
3. The proposed maturity of the debt adjustment, debt rescheduling or the student's commitment to pay debts and the settlement of the Bank must be made before the debts become due.
Article 13. Reduction of loan interest rate
1. Students pay all principal and interest loan repayment before the contractual end credit also reduced loan interest paid to date to pay off debt:
a. Prepayment of 4 years was reduced by 30%.
b. Prepayment from 3 years to less than 4 years was reduced by 20%.
c. Prepayment from 2 years to less than 3 years was 15%.
d. Prepayment from 1 year to less than 2 years was reduced by 10%.
e. Prepayment under 1 year are down 5%.
2. For students who lost property due to objective reasons and economic circumstances are difficult family's Committees of communes, wards or townships where the student resides after the course or where the family students residing confirmed only able to repay the principal and part interest, the Bank considered to reduce loan interest for students, the maximum reduction is 50% longer have to pay loan interest.
3. Bank interest-free loan for the case of students at risk because of objective reasons in accordance with the Ministry of Finance on the financial management regime for the credit fund training.
Article 14. Rights and obligations of the Bank
1. Bank may:
a. Ask students who pledge to pay debt and instead provide sufficient information relating to the borrowing and repayment of the student.
b. Deny the request of the student loans, if students are not eligible loan or credit funds are not training enough capital to lend.
c. Ended lending, debt collection ahead of time in the following cases: students found providing false information, breach of contract credit student transfer, drop out of school, be removed from schools student list. d. Student loan lawsuit for breach of contract or committed credit debt rather than the obligation to pay debts as prescribed by law.
e. Reduction of loan interest, adjustable-term debt, rescheduling done in accordance with these Regulations.
e. Send a message to the commitment to pay debts or unit where students work after finishing the course to urge repayment.
2. Banks are obliged to:
a. Implement agreed upon in the credit agreement;
b. Store credit profile consistent with the provisions of law.
Article 15. Rights and obligations of students
1. Students have the right:
a. Refuse the request of the Bank of regulations of this Regulation and the commitments in the credit agreement;
b. Complaints and lawsuits for violating the credit agreement as prescribed by law.
2. Students are obliged to:
a. Provide full and truthful information and documents relating to the loan and promptly notify a change of residence or place of work after finishing the course to banks responsible for the legitimacy accuracy of the information and documents provided.
b. Use of loan purposes and to comply with the commitments in the credit agreement and debt commitment papers.
c. After completing the course in 10 days, student loans owed to banks to make written commitments to pay principal and interest loan, which clearly contacts, money transfer payment method, students Paper submitted commitments for schools to carry out the procedures to get her diploma.
d. Responsible before the law fails to comply with the commitments on the repayment of principal and interest loan.
Article 16. Responsibility of the commitment to pay debts
1. Committed to debt repayment instead of the written request of the student loans as prescribed in Paragraph 1 of Article 9 of this Regulation.
2. Repayment of loan principal and interest on behalf of students in the following cases: students do not repay on time, transfer students, out of school, the school was removed from the list of students to prepayment without have the ability to repay.
3. Provide accurate information about the situation, place of residence and work after finishing the course the student to the Bank.
4. Send a request to reschedule, adjust the term of the debt to the Bank on behalf of students in case the repayment period can not be returned by students to objective reasons and did not send written request to the Bank.
Article 17. Responsibilities of schools
1. Confirmed in the written request of the student loans in accordance with Paragraph 1 of Article 9 of this Regulation.
2. Make a list of students eligible to submit bank loans and take responsibility for the accuracy and correctness of this list.
3. Informed promptly, accurate and complete to the bank transfer list student, left school, are disciplined, have their names deleted, suspended and forced out of school.
4. Coordination with the Bank in the inspection and monitoring process of borrowing and use of student loans.
5. Notify the Bank end exams or defend theses of students to make molds for bank loan interest calculated in accordance with paragraph 6 of Article 2 and Paragraph 1 of Article 11 of this Regulation.
6. Ask students to submit written commitment to repay the certification of the bank before they graduated and returned to student records.
7. Ask students outstanding bank loan to pay off the debt in case of transfers, dropped out of school, be removed from the list of students.
Article 18. Responsibilities of People's Committees of communes, wards and towns
1. Confirmed in the written request of the student loans in accordance with Paragraph 1 of Article 9 of this Regulation.
2. Debt and urge the implementation of administrative measures for students who pledge to pay debt, after receiving the written request of the Bank of the students do not pay debts on time.
3. Notify the bank about the change of residence, workplace, and new students who commit to debt payment.
Article 19. Organization of implementation
1. Bank loans are assigned to students pursuant to provisions of the Civil Code, Law on Credit Institutions and Regulation This paper pre-printed forms for loan, credit agreement, written commitment repayment of the student to develop procedures for student loans.
2. Bank loans are assigned to students, student loans, the repayment commitment to change students, schools, the People's Committees of communes, wards and townships have the responsibility to implement the provisions of Regulation this regime.
3. Heads of units under the State Bank, director of the State Bank branches in provinces and cities responsible for inspection and supervision of bank loans are assigned to students according to their functions and tasks assigned.
4. The amendment and supplement this Regulation by the State Bank decision. /.

                                             STATE BANK GOVERNOR
              (Signed)
      Le Duc Thuy
By State Bank of Viet Nam

Parties fight over student finance, as A Level results are released

2011-01-28T07:00:00.000-08:00

THE Schools Examinations Council of Zimbabwe released A-level exam results this week, amid reports that many of those who passed will not be able to afford university studies without expanded financial assistance.
Student leaders in Zimbabwe say they continue to lobby officials to advance tuition funding proposals saying many students have dropped out because they could not afford fees.
Hopes were raised late last year when Finance Minister Tendai Biti of the MDC-T party announced a US$15 million student loan and grant programme, but the scheme remains on the drawing board.
Minister of Higher and Tertiary Education Stan Mudenge of Zanu-PF wants the cadetship programme in which the State pays the fees and the student is bonded for a set period upon graduation, to work in Zimbabwe, to continue.

Zanu-PF argues that Biti should allocate more funds to productive sectors of the economy like agricultre, to stimulate the economy and generate present and future jobs. Biti's allocation of US$122 million to agriculture in the last Budget was slammed as grossly inadequate for a sector that is expected to spur economic growth. There was also no specific funding for A2 commercial farmers.

Zanu-PF viewed the allocation as an effort to scuttle Zanu-PF's land reform programme. President Mugabe has since set up a separate funding facility specifically targetted at A2 commercial farmers and communal farmers.
Zimbabwe National Students Union spokesman Kudakwashe Chakabva said that while pre-university students now have A-level results, he fears that many will not be able to pursue university studies and those from poor backgrounds will suffer most.

STUDENT ACTIVISTS

Other activists agree the loan and grant scheme must be implemented without delay. Masimba Nyamanhindi, program coordinator with the Students Solidarity Trust, said the influence of partisan politics in education hurts students the most, and parties should put the needs of students first. Zimbabwe's inclusive Government has set aside US$62.5 million for cadetship.

The programme in 2007 to assist students who could not meet study costs.
By http://www.talkzimbabwe.com

Student Borrowing: University Payment Plans Vs. Federal Student Loans

2011-01-28T06:57:00.000-08:00

Borrowing to pay for your education isn't appealing to everyone - especially when 30-year repayment plans are par for the course. If scholarships don't cover all or part of the bill, most schools offer university payment plans that divide tuition payments into more manageable amounts.

How University Payment Plans WorksPayment plans are programs to allow students to pay tuition in installments rather than all at once. Let's say your tuition and fees total $3,500 per semester or $7,000 for the year. You have the option of setting up an annual, semester, or monthly-based payment plan. A monthly plan would divide $7,000 among the number of months you select, based on the options provided by the institution. For example, if you select 10 monthly payments, your payments would be $700 at the beginning of each month. In some situations, your payments could start a couple of months before the fall semester starts or at enrollment. The final payment would conclude before the spring semester ends. Usually, there is no interest charged; instead, an enrollment fee of $25 to $45 is charged on each installment. Before considering university payment plans, start by getting full details on when payments are due, when (and if) interest is charged, if there are any startup charges and if there are late fees.

How Much Emergency Savings Will You Need?Outside of college, six to eight months is considered an adequate amount of savings. One semester of expenses is the minimum needed if you are planning to get through college without borrowing money.

You can calculate expenses for one semester with a cost of attendance calculator. University websites should provide a cost of attendance calculator or generic college budgeting calculator. A good calculator will estimate total costs to attend school and should include room and board, tuition, books, fees, student health care or wellness fees and transportation. Generic college budget calculators aren't university specific and are especially helpful when you are in the planning stage of where you want to attend school. A bonus to generic college budget calculators is you can include specific expenses you are concerned about, such as spring break and other social expenses.

Once you have a number for your expenses, you need to have this amount saved before you reject any federal student loans you are eligible to receive. If you are going to rely on unguaranteed income such as tips or a job you haven't started yet, put aside an extra half-semester of cash reserves.

Use Private Loans as Last Resort
If you reject federal student loans at the beginning of the year, but experience a budget shortfall, you can still borrow private loans. However, you will forgo the fixed-interest rates.

For example, let's say you lost your job midway through the semester and could no longer afford your payments. You borrow a private loan with interest rate terms of prime plus 4%. Your interest rate and future payment schedule could rise or fall with the economy. However, you could have secured a federal student loan at the beginning of the semester that you could have paid back if you didn't have the money.

Alternative and SupplementsChoosing not to use a university payment plan doesn't mean you have to have huge student loan payments after graduation. Try these tips instead of, or in cooperation with, university payment plans.

Reyna Gobel, provided by

http://www.sfgate.com

Federal Student Aid Application Workshop

2011-01-28T06:55:00.000-08:00

Is paying for your college degree getting in the way of your education or career? Get line-by-line help to tackle the FAFSA application.

A college degree can open a lot of doors for students, however a big hurdle in getting there is paying for a college education.
This Sunday, Jan. 30, there will be an opportunity to help potential and current college students fill out the Free Application for Federal Student Aid.
The FAFSA is the one gateway application for all forms of financial aid including loans, grants and scholarships but filling out the form can be confusing.
"This is a time where we have financial aid experts across the state as well as community volunteers helping individuals walk through that line-by-line application and as you would guess, when you have a federal application we could all use a little extra help," said Lora Jorgensen of the Alaska Commission on Post-Secondary Education.
The College Goal Sunday is part of a national program designed to help both first-time students entering college and adults looking to return.

To contact the Newsroom, call 907-274-1111
By http://www.ktva.com

Rohleder: Student loans: What happens next?

2011-01-28T06:53:00.000-08:00

It’s been paid for by student loans; the “it” being my life over the last six years (don’t judge, I’m slow).

Everything from the text books to the poster of Johnny Cash flipping off anybody who walks into my apartment –– student loans bought it all.

According to the website Projections on Student Debt.org, the average debt for college graduates is currently at $24,000; that’s up 6 percent from 2008’s figures.

Luckily, for those of us strapped with big loans facing a rocky, uphill job search in the near future, the economy is beginning to turn around. John W. Greene, regional economist for the Northern Colorado Business Report, wrote in a recent column, “the job recovery in Northern Colorado is slowly gaining strength and I think will increase in momentum in late 2011 … unemployment should drop back to near the 6 percent level, maybe lower, depending on migration.”

Anybody who has tried to secure a decent paying job in Fort Collins should know that if the economy is turning around in here, the rest of the U.S. can’t be far behind.
With this in mind, and job prospects on the rise for the first time since the 90s, let me put a positive spin on our student loan crisis by inciting you to think about all the things you wouldn’t have been able to do if it weren’t for all those fake dollars attached to your name.

For me, I think of that wild time at Stonehouse (R.I.P., we miss you), with the face paint and the women’s restroom and the bouncers. This one is ironic because it wasn’t even me who found himself in a web of pending indecent exposure lawsuits –– it was my unemployed roommate who I happened to be buying drinks for that night. Ipso facto, my student loans paid for it.

Ah, my soul is filled with rest in the midst of surmounting debt when I recall the time where, after nine or 10 PBRs, my roommate and I returned to our apartment with a “For Rent” sign and a Westword newspaper stand, which, bless it, was destroyed along with an incalculable number of drinking glasses. Blessed be you student loans!

When not being used to buy beer, student loans have been used for purchasing goods and services, such as: a full tank of gas for my 1979 GMC camper van in order to journey up Interstate 70 to Copper Mountain for overnight ski trips. Or, enough Little Ceasars pizzas to make a coffee table out of (which inevitably had to be disposed of due to a Black Widow taking residence in box one).

And the list is goes on and on, as I’m sure many of yours do. And you may be thinking, “Yeah that was fun, but I still am going to have to pay back $20,000 in debt upon graduating you over optimistic and unrealistic liberal arts major!”

If so, let me illuminate the cold hard facts. You might see just how positive I (we) should be about graduating.

According to an article on Forbes.com, 60 percent of new college graduates are strapped with debt surmounting $20,000. This means that more than half of every college graduate is in the same shoes that you may or may not be, so remember, you are not alone.

Further, for a traditional undergraduate who has borrowed the maximum amount under current federal loan programs — $23,000 in federal subsidized and unsubsidized for students who are still their parent’s dependents — the monthly payments are estimated to be around $276 per month. Paying this amount should be manageable for someone making approximately $35,000 per year, and leave extra income for future “good investments,” like a house or a business loan.

Pizza and beer, face paint and real estate signs, and even the whole school part; I’d say it’s been worth it.

by Shane Rohleder

http://www.collegian.com/

Student Car Loans with Bad Credit

2011-01-28T06:50:00.001-08:00



Brentwood, NY, January 27, 2011--You need to understand how credit works and its importance for all to know however particularly students. Taking control over your credit early on assists in many different aspects of a student's life, as well as searching employment, concerning for law or medical school, buying a home or consolidating car loans for students. The blunders that students make in continuing their credit affect each feature of their presently life. Students as well as their parents need to request and analysis the annual free credit statement give under federal law through the 3 lending credit reporting bureaus. This report would assist spot any liability for the student, for instance late payments, delinquencies along with defaults. Apply for a No Credit Loan For those circumstances where the student's credit can’t be simple to fix, there’re lenders who can be understanding to their circumstances and offer a car loans for students no credit. The college student auto finance needs to work with a lender which is eager to lengthen a loan to finance the buy of car on terms which aren’t oppressive of the student's circumstances. Repaying Debt A student might not know while buildup credit card debt throughout school or withdrawal as well many student loans which these actions involve their credit position. Setting up a budget and trying to decrease and getting rid of some debts is serious in meeting the criteria for a good student auto loan. Organizing a student's finance is a liability of middle age which involves the student's ability to appreciate their consider ownership, whether it is the buy of an automobile or a home he need to look at for auto buying tips. A student car loans rates need to work through a lender which offers a good hold up system, rational loan rates and terms qualified the student circumstances, and provide incentives for the student to get better their credit condition. Contact Us: Car Money Fast 2937 Wayback Lane Brentwood, NY 11717 United States 631-349-8581 carmoneyfast@gmail.com Website:http://www.carmoneyfast.com

Student Loan Consolidation Can Save You Time And Money

2011-01-28T06:46:00.001-08:00

Students who may only have a few student loans but want to consolidate these debts so that they can acquire an easier monthly payment may find that a consolidation loan in their case will cause the overall cost to increase. Simply figuring out the total amount that one will pay when keeping debt separate versus consolidating is one of the best ways to decide whether student loan consolidation may be in a particular graduate’s best interest.

By Darcie Perkins
http://atomstack.com

4 Reasons to Consolidate Your Student Loans

2011-01-28T06:44:00.001-08:00

Consolidation is like refinancing—you get a new loan, the new loan pays off your old loans, and you pay the new consolidation loan instead. Why bother? Below are some important FAQs on this subject:

Which loans can I consolidate? You can consolidate pretty much all kinds of federal student loans like Subsidized and Unsubsidized Stafford Loans, PLUS Loans, and Perkins Loans, including most federal loans in default. But be careful—defaulted Direct Consolidation Loans can't be reconsolidated, so you only get one chance to use consolidation to get out of default.

[Pick from the federal student loan smorgasbord.]

When does consolidation make sense? Consolidation might make sense if:

1. You want to combine your federal loans and make just one monthly payment.

2. You want to lock in a fixed interest rate on variable interest rate loans (those borrowed before 2006).

3. You need a way out of default.

4. You have Federal Family Education Loans, or FFEL (federal loans from a bank or private lender like Sallie Mae) and you want those federal student loans to be eligible for Public Service Loan Forgiveness (since only Direct Loans are eligible).

[Learn more about the Public Service Loan Forgiveness program.]

What are the downsides to consolidation? It's important to understand the potential disadvantages to consolidation. For instance, you'll have the option of taking longer to repay, so a consolidation loan could cost you more over time (since interest keeps adding up until you're done). If you consolidate while you are in school—currently allowed under limited circumstances—you'll lose your grace period. In addition, if you're close to paying off your loans, consolidation might not be worth the effort.

How can consolidation get me out of default? If you're in default on your student loans, you can't get new loans to go back to school, and you face severe collection procedures. Consolidation can give you a fresh start. You can consolidate defaulted student loans into a Direct Consolidation Loan and stop collections including garnishments and tax intercepts. Be aware that if you are in default, your balance will go up after you consolidate, because collection fees will be added to the loan.

Can I consolidate my private student loans into a Direct Consolidation Loan? I wish. Unfortunately, private loans are not eligible for consolidation into a Direct Consolidation Loan. And, for Pete's sake, beware of consolidating federal loans into a private consolidation loan. Federal loans have important borrower protections that you lose if you choose to consolidate federal loans with a private lender. Also, federal consolidation loans generally have lower interest rates. Only Direct Loans offer federal consolidation loans these days.

[Read the 6 advantages to federal student loans.]

How do I apply for a Direct Consolidation Loan? You can apply online for a Direct Consolidation Loan. Direct consolidation loan applications submitted online are processed more quickly than those submitted by mail. Be sure you include the right information about the loans you are consolidating. You'll need to know the balances of all your loans to complete the application. If you make mistakes on the application, it will probably delay processing.

Where can I get more details? For more information about consolidating, check out these resources:

--Student Loan Borrower Assistance provides comprehensive information for student loan borrowers.

--FinAid has lots of great advice about all kinds of financial aid, including consolidation loans.

--The Direct Consolidation Loans site has consolidation application forms and FAQs.

By http://www.usnews.com/

Student Loans : How to Apply for Free Government Grants, Loans & Scholarships

2011-01-28T06:41:00.001-08:00

Obama Signs Student Loan Legislation

2011-01-28T06:35:00.001-08:00

Bill to abolish Student Congress rejected

2011-01-26T07:07:00.000-08:00

Reform debate to move forward

A reform bill to rid UNC of its Student Congress was unanimously rejected when it was brought to the rules and judiciary committee for review Tuesday.

The committee voted against passing the bill on to the full Congress because it was too drastic — but still plans on working toward Student Congress reform.
The bill aimed to abolish Congress as a body by splitting it up and creating two separate 15-member boards, one legislative and one financial.
If the bill had been passed through committee, the Congress would have had to decide whether to suspend the upcoming congressional election. After the committee blocked the bill, Chelsea Miller, the bill’s sponsor, withdrew referendum to avoid a redundant debate.
But Miller, the finance committee chairwoman, said she wants to continue working toward a more efficient Congress.
“This was nothing surprising,” she said.
“But the goal of this was to start a conversation, not to live and die by the verbiage in the bill.”
She said she wanted to reduce the body to 30 members because it would make it easier to fill the positions with passionate representatives.
This theme was one of the only points members of the committee agreed on.
Zach De La Rosa, chairman of the committee, said the bill set an honorable goal but was not the right bill to fix congress.
“The idea is to get rid of useless committees,” he said. “There’s a lot in the Code that needs to be removed, but the structure of this bill really got me.”
Adam Horowitz, a representative from the finance committee who attended the meeting, said this bill brought important issues to the forefront.
“So many people don’t show up to Congress. I would rather have 30 people show up that are passionate than 27 out of 42 at a Congress session, on a good day,” he said.
The debate will continue as representatives contemplate the idea of splitting up Congress and removing parts of the Student Code that have been in tact for years.
“I just don’t like the idea of splitting up Congress,” De La Rosa said, “But I do like centralized groups and more focused committees.”
Miller said her background is in finance, not rules and judiciary, and that influenced how she wrote the bill and the response that it received as a result.
“I don’t like to lose, but I left some big chunks out of the bill, and the ideas I presented were not the ones we needed, so we’ll work towards those,” she said.
But most committee members said Student Congress does need to reform during the debate session.
“The best way to effect change is with people who care a lot about issues being discussed,” Miller said.
“This wasn’t me versus Congress.”
Contact the University Editor at university@dailytarheel.com.

Published January 25, 2011 in Student Congress, Campus

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Silent Sam an effort to rewrite Southern history | 8 comments
ASG’s democratic deﬁcit: Petition rightfully pursues student vote on ASG | 6 comments
Association of Student Governments head threatens internal critics | 7 comments
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Online Poll: Election Season

What is your view on student body elections?

	Apathetic. I don't care and I don't vote.
	Annoyed. I'm preparing myself for the campaigning/harrasment in the Pit.
	I vote if I remember.
	Excited. I like having my voice heard when it comes to student fees and other important issues.

Results | Poll archive

By Nicole Comparato

http://www.dailytarheel.com/

HOPE scholarship changes

2011-01-26T07:04:00.000-08:00

HOPE scholarship

Students relying on HOPE will face new requirements.

Georgia State students can expect major changes in the HOPE scholarship this year. Changes in the HOPE scholarship's book stipend will go into effect July 2011. The book stipend will be cut in half unless a student qualifies for the Pell Grant.

The scholarship funds, which are generated by revenue from the Georgia lottery, cannot keep up with the increasing volume of eligible students and the increases costs of tuition. Book allowance changes resulted from the scholarship's reserve funds hitting a low that is pre-mandated to trigger cuts in spending.

The Georgia Student Finance Commission (GSFC) stated, "The growth in HOPE Program expenditures has outpaced the growth in lottery revenues. At the current rate of expenditures, the HOPE Program cannot be sustained at the current benefit level."

GSFC also stated that other changes to HOPE will most likely be in store. These changes may include an elimination of the book allowance funds, mandatory fees, and a possible reduction in tuition coverage.

Other than the book allowance being cut in half, no changes have yet been instituted.

"Books are a necessity for higher education," said Chris Kenealy, a senior at Georgia State. "The preservation of these funds is needed."

Georgia Gov. Nathan Deal told Fox News that he is considering cutting remedial classes from HOPE coverage. "We are going to have to look at some of the enhancements that have been added to HOPE over the years, things like the books, things like other fees that are charged at the institutions, things like you do not offset someone who gets a Pell scholarship. For example, in the beginning, if you were a Pell scholarship recipient and that is based on low-income eligibility, you had to offset that scholarship against your HOPE money."

Deal supports keeping HOPE merit-based and not moving towards a need-based program. Deal also said he did not support raising the minimum GPA. "Financial funding is an indicator of the value we place on what is being funded," said Ben Lorentz, a junior at Georgia State. "What are we saying as a society when we slash funding for education, the cornerstone for democratic discourse?"

Georgia State's Student Government Association presented a proposal to members of the Fulton County legislative delegation, offering ideas on effective modifications to the HOPE scholarship.

Under the SGA model, the HOPE scholarship would begin as a type of deferred student loan. Students would be responsible for the first 30 hours of costs. If after the first 30 hours a student still has a 3.0 GPA, the loan would be repaid to the student. If the student did not have a 3.0 GPA, the loan would have to be paid by the student.

The Georgia State Financial Aid Office declined to comment on the issue.

By Jessica Morris

http://www.gsusignal.com

Students Must Fill Out FAFSA To Qualify For Financial Aid

2011-01-26T06:58:00.000-08:00

Sallie Mae - a provider of student loans - reports that more than $168 billion in tuition assistance was available during the 2008-2009 academic year. However, degree seekers must fill out the Free Application for Federal Student Aid (FAFSA) in order to qualify for scholarships, grants, student loans and federal work-study programs.

March 10, 2011 is the deadline for the FAFSA, which provides the government with information regarding a student's financial need. According to the Star Press, the information on the form lets financial aid organizations know if a learner is qualified for federal aid programs, such as Pell Grants and Stafford Loans; state aid, such as 21st Century Scholars or the Frank O'Bannon Grant; or programs provided by the school of choice.

Students Must Fill Out FAFSA To Qualify For Financial Aid

"It is very important that students submit their forms by that date," said Kathy Niese, regional director for 21st Century Scholars, quoted by the news source. The FAFSA includes about 100 questions regarding each family's ability to pay for college tuition.

According to the National Center for Education, 66% of all undergraduates received some type of financial aid during the 2007-2008 academic year. The average amount was $9,100 per student.

By Scott Manning

http://www.usnewsuniversitydirectory.com

The biggish short — subprime student loans

2011-01-26T06:52:00.000-08:00

"Hello, my name is Steven Eisman.”

“Hi Steve, we loved the Big Short. Thanks for your email — yes, let’s grab a coffee and discuss why you’re shorting the for-profit college industry.”* (*FT Alphaville translation.)

So goes the WSJ’s splash on hedge fund warnings about a fast growing, federally subsidised industry, that happens to be aggressively targeted at low income people. Oh, and there are weak regulations and high default rates, too.

Sound familiar?

According to the Education Trust, for-profit colleges enroll 12 per cent of all US college students, and have grown over ten times as fast as public and non-profit private colleges in the last decade — albeit from a low base.

And as the WSJ’s graphic shows, they’re less likely to graduate and more likely to default on their debts (click to expand):

The charts on the left show default rates after 15 years — this slide from the Education Trust shows how quickly default can occur in the for-profit sector (click to expand):

Unsurprising, you may argue given the demographics of for-profit college students. To an extent, yes, though there is evidence to suggest that even controlling for background and income, results are poorer in this sector.

In any case, these two and three year default rates matter because under the Higher Education Act, an institution could lose its eligibility to participate in some or all of the federal student financial aid programs if defaults by its former students on their federal student loans equal or exceed 25 per cent per year for three consecutive years, or 40 per cent in a single year.

But fear not would-be applicant, since Sallie Mae cut back on loans to high-risk borrowers the colleges themselves have stepped in to offer sub-prime loans. And this is when it gets really interesting.

One example is Corinthian College’s Genesis Lending Program, which is described in its 2010 SEC filing:
In the face of this change in policy, we created a new student lending program with a different origination and servicing provider, Genesis, who specializes in subprime credit. This new Genesis loan program has characteristics similar to our previous “discount loan” programs. Under this Genesis loan program, we pay a discount to the origination and servicing provider. As with our previous discount loan program, we record the discount as a reduction to revenue, as the collectability of these amounts is not reasonably assured.

So what? Well, according to the earnings call transcript available on seeking alpha, the discount rates on this $150m worth of lending is a whopping 56 – 58 per cent. According to Corinthian, this equates to anticipating a default rate of 56-58 per cent, of its own students who go into this programme.

Wow. The defence here is that these are the highest risk students with the worst credit scores, and, hey, it’s their money. But having colleges run loan programmes where they assume over half will default doesn’t seem to us like a healthy marker of an educational system.

And with figures like that on top of high default rates for the federally subsidised loans, it’s clear why the likes of Eisman are shorting the industry.

As John Kemp wrote in an email this morning, we shouldn’t confuse this with public interest action. But even if you’re the most forceful advocate of personal responsibility it’s worth asking whether the current system of subsidies and seemingly lax regulation is best serving US taxpayers, and of course the students themselves.

Posted by John McDermott

http://ftalphaville.ft.com

Ontario government offers app for checking on student loans

2011-01-25T08:17:00.000-08:00

Ontario’s student-loan program has a new mobile application for smartphone-equipped scholars who want to check on the status of their loan applications or how much funding they’re getting.

The app for the Ontario Student Assistance Program was announced by Minister of Training, Colleges and Universities John Milloy, at a press conference at Carleton University Monday morning.

Milloy’s speech was met by applause from an intimate student audience, many of whom had come out in anticipation of the update.

The introduction of this app follows the recent announcement that students will now have a six month interest-free period after they graduate before they’re required to start paying back their loans.

The new app is the first of its kind for the Ontario government, and is all part of a push to make post-secondary education more affordable and accessible to all students, Milloy said.

Also at the announcement were Yasir Naqvi, the Liberal MPP for Ottawa Centre, and Carleton University president Roseann O’Reilly Runte.

To find out more about the new OSAP app, visit ontario.ca/osapmobile.

By http://www.ottawacitizen.com

Broome medical society offers student loans

2011-01-25T08:14:00.000-08:00

Interest-free loans are available to eligible medical students from the Southern Tier Foundation for Medical Care Student Loan Fund.

Graduates of Broome County-area high schools who are attending an accredited medical school in the U.S. or Canada are eligible, as well as medical students attending the Clinical Campus in Binghamton. Students are required to repay the loan within five years of completing residency training.For application formers and additional information, contact the Broome County Medical Society, 65 Pennsylvania Ave., Suite 201, Binghamton, NY 13903, call (607) 772-8493 or visit www.medsocieties.org. The application deadline is May 15.

By http://www.pressconnects.com

Student Loan Repayment Help And Options For Erasing Debt Through A Career

2011-01-25T08:11:00.000-08:00

Student loan repayment assistance can come through a variety of options but there are more graduates who may be able to benefit from turning to specific careers after graduation in order to help him erase college loan debt. Obviously, students typically have some form of career in mind while in school and may not be considering the fact that public service occupations or various governmental agencies may offer these men and women the option of having their student loan debt erased after graduation.

According to the U.S. Office of Personnel Management, “Although the student loan is not forgiven, agencies may make payments to the loan holder of up to a maximum of $10,000 for an employee in a calendar year and a total of not more than $60,000 for any one employee.” Obviously, this can be greatly beneficial for students who may have a high amount of student loan debt that have not entered into a field which may allow them to erase debt in a timely manner. While there are benefits to working in agencies that can help erase a student’s debt, there are also public service jobs which may offer students the opportunity to have their debts forgiven rather then repay the entire student loan debt to the loan holder.

However, employees who are able to benefit from this program typically must sign some sort of agreement to work with an agency for a set period of time, or else they will have to reimburse the agency the funds they received while they were employed. Yet, programs which help students finance their college education or erase debt from student loans can be a helpful tool for these men and women as it not only gives real-world experience in the job market with a reputable organization, in most cases, but it can help these men and women get out of debt faster and set them on a more financially stable future after graduation.

While there are grants and scholarships which may offer financial aid to those who are attending a college or university if they agree to enter into a certain career for a set period of time, by teaching, there are also these repayment plans and student loan forgiveness opportunities available to men and women who graduate and gain employment at one of these organizations or are employed with a nonprofit organization.

There are opportunities for students to acquire debt assistance from plans like consolidation loans, income-based repayment plans or even forgo making student loan payments for a set period of time through forbearance. Yet, some advisers suggest that students seek out these types of careers or job over to before graduation as it could be a way to not only gain experience in a field related to their career goals and aspirations, but these of student loan assistance plans may also erase a student’s debt years ahead of schedule were they to meet payments out of pocket.

By Lee McFarland

http://www.rwbpress.com/

Introduction about Barclays

2011-01-24T05:23:00.000-08:00

Barclays PLC (LSE, BARC, NYSE, BCS) is a global financial services company headquartered in London, United Kingdom. As of 2010, it is the world's 10th-largest banking and financial services group and 21st-largest company according to a composite measure by Forbes magazine. It has operations in over 50 countries and territories across Africa, Asia, Europe, North America and South America and around 48 million customers. As of 30 June 2010 it had total assets of €1.94 trillion, the third-largest of any bank worldwide (after BNP Paribas and HSBC).

Barclays Global Investors headquarters on Howard Street in San Francisco, California.

Barclays is a universal bank and is organised within two business 'clusters': Corporate & Investment Banking and Wealth Management, and Global Retail Banking. The Corporate & Investment Banking and Wealth Management cluster comprises three business units: Barclays Capital (investment banking), Barclays Corporate (commercial banking) and Barclays Wealth (wealth management). The Global Retail Banking cluster comprises four business units: Barclaycard (credit card and loan provision), Barclays Africa, UK Retail Banking and Western Europe Retail Banking.

Its primary listing is on the London Stock Exchange and it is a constituent of the FTSE 100 Index. It has a secondary listing on the New York Stock Exchange.

Website of Barclays:

http://group.barclays.com/Home

http://www.barclayswealth.com

http://www.offshore.barclays.com/

http://www.expat.barclays.com/

http://www.barclaysbanklocations.com

http://www.res-non-dom.barclays.com/

http://www.stockbrokers.barclays.co.uk/

http://finance.yahoo.com/q/pr?s=BCS

http://group.barclays.com

http://www.google.co.uk/finance?q=barc

Introduction about HSBC

2011-01-24T04:59:00.000-08:00

HSBC Holdings PLC (Chinese: 滙豐控股有限公司) is a global financial services company headquartered in London, United Kingdom. As of 2010, it is the world's sixth-largest banking and financial services group and the world's eighth-largest company according to a composite measure by Forbes magazine. It has around 8,000 offices in 87 countries and territories across Africa, Asia, Europe, North America and South America and around 100 million customers. As of 30 June 2010 it had total assets of $2.418 trillion, of which roughly half were in Europe, a quarter in the Americas and a quarter in Asia.

HSBC Tower, the international headquarters
for HSBC Holdings plc in Canary Wharf, London.

HSBC Holdings plc was founded in London in 1991 by The Hongkong and Shanghai Banking Corporation holding company and to enable the acquisition of UK-based Midland Bank. The origins of the bank lie in Hong Kong and Shanghai, where branches were first opened in 1865. Today HSBC remains the largest bank in Hong Kong (where the Group Chief Executive is currently based), and recent expansion in mainland China, where it is now the largest international bank, has returned it to that part of its roots. to act as a new group.

Its primary listing is on the London Stock Exchange and it is a constituent of the FTSE 100 Index. It has secondary listings on the Hong Kong Stock Exchange (where it is a constituent of the Hang Seng Index), New York Stock Exchange, Euronext Paris and Bermuda Stock Exchange. As of August 2010, it was the largest company listed on the London Stock Exchange, with a market capitalisation of £115.8 billion.

Home website of HSBC: http://www.hsbc.com
http://www.hsbcprivatebank.com/
http://www.hsbc.ge
http://www.hsbc.am/1/2/en/home
http://www.hsbc.fr/1/2/

Looking for Bank jobs in India?

2011-01-24T04:52:00.000-08:00

Get all Important dates of all Bank Exams in India. Home Upcoming Bank exams Results Interview Questions Submit Resume Buy Bank Exam books.
Its Exam time ! State Bank of India has announced various vacancies including the 500 Management Executive positions in SBI.We are already receiving many questions about eligibility for SBI job.Some of our readers are also contributing previous year bank exams question papers.In that list,Mr.Shibu from Kerala has sent the SBI Clerk Exam Solved Question papers - 2009,the results for which was released recently.

You can read the SBI Solved Question Paper Online or you can download as PDF file & read it in your free-time.
* SBI Previous Questions - Reasoning Paper - Read Online
* SBI Previous Questions - Quantitative Aptitude - Read Online
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* SBI Previous Questions - General English - Read Online
* SBI Previous Questions - General Awareness - Read Online
Looking for previous year Question Papers/Books/Guides ? See the list of popular books, buy online & get books delivered at your home.

By Original post @ www.bankexamsindia.com

http://www.bankexamsindia.com

Fairfield University welcomes applicants from the United States and International Students

2011-01-24T04:31:00.000-08:00

Fairfield University welcomes applicants from the United States and abroad. An international applicant is someone whose citizenship is from a country other than the United States
Application Procedures

International first year or transfer applicants should submit the following information:

· Common Application and Fairfield University Supplement

· Academic Credentials - A secondary school transcript and/or A or O level exams results are needed for admission. This must be an original of your academic record or a certified copy. (Certification must be by an official of the institution in which you are enrolled, a notary public or a U.S. consular official.)

· When necessary, an English translation must accompany your transcript. Students submitting GCE (O Level) must have passes (C or above) in at least five academic subjects.

· Recommendations - A school counselor recommendation is required for admission. For schools without a counselor, a recommendation may be sent from the principal or headmaster of the school.

· Standardized Tests:
All students for whom English is not their native language must take the Test of English as a Foreign Language (TOEFL) and score a minimum of score 550 (paper-based exam), 213 (computer-based), or an 80 (Internet-based). These students may choose to submit the TOEFL exam exclusively in place of the SAT or ACT.
Students for whom English is their first language must take and submit the SAT or ACT.

· Application Fee - The $60 (US) application fee can either be paid by credit card through the Common Application, issued on a United States bank account, or wire transferred. Please contact the Office of Undergraduate Admission directly if you intend to wire the payment.

· Financial Affidavit - As an international student coming to the United States, you will need to secure an F-1 student visa The F-1 student visa permits an individual to enter the United States for full-time study at an authorized institution in the United States. To obtain F-1 status, it is necessary to submit the following forms:

o Complete the Declaration and Certification of Finances Form and submit all supporting documentation

o Submit affidavits of support from all sponsors

o Complete the Application for Form I-20
For further details on completing the Certification of Finances and I-20 Form please visit:
Financial Documentation Explained
Important Documents

· I-20 Form This form will be sent only after the student has been accepted, paid the confirmation deposit and provided evidence (financial affidavit) of an ability to finance his or her own education.

Please Note:

Full Time Students - All undergraduate F and J Visa holders must take 12 credit hours per semester to remain in status.

International Scholarship & Financial Aid

Any first-year student who applies for admission is automatically considered for a Magis Scholarship. No separate application is required. The Magis scholarship is an annual award of $20,000 renewable for four years, providing the student maintains a 3.0 average. Students will also participate in special activities for recipients of the scholarship.

Although a limited amount of need-based financial assistance is available for international citizens, all applicants must also submit verification of financial resources to cover the costs of attendance.

An I-20 will be mailed only after the student has been admitted, paid a confirmation deposit, and provided evidence (financial affidavit) of the ability to finance his or her education.

Application Deadlines

Early Action Admission Application - November 1

Early Action Notification Date - January 1

Regular Admission Deadline - January 15

Regular Admission Notification Date - April 1

Student Orientation and Services

All international students (first year, transfers, exchange and graduate) are required to attend the international student orientation. This program provides time to personal advising and course registration, time to complete governmental and university paper work and an overview of the academic and campus environment as well as an opportunity to meet other international students.

Contact Us: If you have any questions, need clarification, or would like to set up a meeting on Skype please contact Jay Majewski at (203) 254-4100 or by e-mail.

Helpful Websites:

International Education Financial Aid | Education USA

Study abroad opportunities to be presented at meetings

2011-01-24T03:47:00.000-08:00

Informational meetings for studying abroad are available for locations around the world this week.Information regarding costs, planned excursions and duration dates will be included in the meetings. An informational meeting for teaching and learning science in the Bahamas will be available today. The program focuses on working at a school in the Bahamas with students in a multicultural setting. The program also includes exploring the ecosystem of marine environments.

Also available today is an informational meeting for students interested in teaching in Toronto. The program contains information on applying teaching skills in workshops, guided tours and classrooms with students of a diverse cultural background from Asia, Africa, Europe and the Middle East. The Toronto informational meeting is also available on Jan. 25. On Jan. 25, there is an informational meeting featuring different opportunities for studying abroad in different locations in Germany.
An informational meeting about a summer study abroad program in Barbados from June 12 - June 26 is on Jan. 26. Elective and senior seminar credit may be earned.

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Study abroad opportunities to be presented at meetings