Students are gearing up for the Fall Semester and it’s back to school. We are still monitoring the “Fall-Out” from the Spring Loan Crisis, but so far we have not heard too many complaints. Looks like the Bush Administration has held off the financial disaster for the time being.
We will keep you posted.
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What is FAFSA? WATCH VIDEO !!!!!
FAFSA stands for Free Application for Student Aid. FAFSA is an
application the asks numerous questions regarding the student’s
finances, as well as those of his or her family; these are entered
into a formula that determines the Expected Family Contribution
(EFC). A number of things are used to determine eligibility. Some
examples are family size, income, number in college, and assets.
How do you apply for FAFSA? WATCH VIDEO !!!!!
Step One: Gather Necessary Information
Step Two: Fill out Your FAFSA Completly
Step Three: Follow-Up, Follow-Up, Follow-Up
Felicia Mattern
President George W. Bush Speaks On The Brewing Student Loan Crisis
In his weekly radio address, President Bush spoke about the brewing
crisis in the student loan markets. WATCH VIDEO
In his address he mentioned the “Lender of Last Resort Program” for
student who cannot secure funding for college. He further mentioned
the need for the ability of the govenment to step in and buy the loans
when necesarry to provide liquidity to the system.
He also signaled to the Senate get something started, as the House of
has already passed the ”Insuring Continuing Accessing Student Loans
Act” and the Senate has yet to act on the issue.
The Presdent would need a bill on his desk, before June 1, 2008 to avoid
any major problems with loans for the September Semester.
