Due to the credit crisis, College Loan Corporation is not currently funding student loans. We are working diligently to secure new financing.
We know you’re tired after a long school year and you don’t feel like pondering higher education politics when the summer hot spots are calling your name. However, the latest legislation is almost certain to affect college parents and students who use federal financial aid. Part of President Obama’s higher education budget proposes that, starting in academic year 2010-2011, all new student loans be originated through the Direct Student Loan program, thereby marching all Federal Family Education Loan Program (FFELP) student loan lenders to their demise. Click here for the full article.
For many families, 2009 is turning out to be a tough year to think about college costs. Families may be dealing with difficult issues, like unemployment, rising mortgage payments, or even foreclosure. Even if your family isn't facing extreme financial circumstances, you always want to maximize your financial aid awards and pay for college as cheaply as possible. Click here for the full article.
Money may be tight for you and your family this year. And chances are your school's costs have gone up since last year. Many families are really digging deep and making sacrifices to cover college costs. As you're making decisions on how to pay for college, we just want to make sure that you aren't making any mistakes that might hurt your financial future. If any of these sound familiar, there is still time for you to reevaluate your financial aid decisions and work with your financial aid office. Click here for the full article.
Paying for second semester could be tough for college students. Overall, it seems most students made it through the first semester, even though loans were harder to find and many loan disbursements were delayed or cancelled.
Students might not be so lucky next semester. Click here for the full article.
The fastest way to get your private loan money is to be prepared when you start to apply. Know if you are going to use a co-borrower or not, and then have your paperwork, and your co-borrower’s paperwork, all ready. With the CLC® Premier Loan, you can have your co-borrower immediately apply after you, to see if you are preapproved instantly! Click here for the full article.
The latest legislation is almost certain to affect college parents and students who use federal financial aid.