FAP404: Debut of the Beer Money Cast, PHEAA, Career Education Corporation, CPA scholarship, U-Turn Cafe, Uncle SethClick here to listen now in iTunes

Student Financial Aid News
+ Episode 404 - like the error!
+ From Inside Higher Ed: The Career Education Corp. has had a brutal year of regulatory scrutiny, management turmoil and tanking stock prices. Wednesday, the for-profit provider of higher education took the latest step toward regaining its footing by announcing plans to sell 13 campuses that have underperformed financially and/or been beset by problems. The 13 campuses that Career Education said it would try to sell â which include 9 that operate in the Northeast as either Katherine Gibbs School or Gibbs College, two Brooks College campuses in California, Lehigh Valley College, in Pennsylvania, and McIntosh College, in New Hampshire.
+ The Kaiser Permanente Fund for Health Education has awarded $6 million in grants for nurse education, among the first grants in a $20 million fund aimed at alleviating the state's nursing shortage. Samuel Merritt College in Oakland received nearly $5.5 million to expand its accelerated 12-month bachelor's nursing program to students in the South Bay and San Francisco. The funds will be allocated to teacher salaries, equipment and classroom expenses.
+ From the Chronicle of Higher Education: A state court has ordered Pennsylvaniaâs nonprofit student-loan agency to turn over financial records to a group of news agencies that have requested the documents, according to The Patriot-News, a newspaper in Harrisburg, Pa. The court found that the Pennsylvania Higher Education Assistance Agency, known as Pheaa, had violated a state open-records law when it refused requests from the Associated Press, The Patriot-News, and a television station in Pittsburgh for records detailing spending on travel by agency employees and board members, among other things. Pheaa had argued that that it didnât have to turn over the documents because they contained âtrade secretsâ that, if revealed, could benefit its competition in the student-loan industry.
+ In economic news, the Federal Reserve is still concerned about a high rate of core inflation, meaning that interest rate cuts in the funds rate are not likely any time soon. This means a stable, if high, Prime Rate, so for those people with variable rate credit cards and mortgages, relief isn't coming any time soon.
+ You can get some student loan payment relief with student loan consolidation at StudentLoanConsolidator.com or 877-328-1565

Scholarship Update
+ The New Jersey Society of CPAs College Scholarship Program provides scholarships to accounting students at New Jersey colleges. The scholarships are available to college students currently in their junior year or seniors who will be entering an accounting-related graduate program.
+ A resident of New Jersey attending a New Jersey college or university.
+ An accounting major, or have a concentration in accounting, with at least 12 credits in accounting completed by the end of the Spring 2007 semester.
+ Currently junior-year status or above in an undergraduate program OR Entering an accounting-related graduate program in the Spring 2007 or Fall 2007 semester
+ A student may be awarded only one college undergraduate and one college graduate scholarship from the NJSCPA Scholarship Fund at the state level during his/her college tenure.
+ Deadline January 17, 2007
+ $5,000 awards, 55 of them
+ Detailed information at our free scholarship search site

Beer Money Cast
+ In a discussion yesterday with a listener - there's only so much you can do on the expense reduction side
+ At some point, income has to increase
+ An interesting article in Digital Photography Journal
+ If you've got great quality digital photos, sell them online
+ Passive income stream - so important! It works even when you're not
+ With a catalog of 500 or more photos, you can start pulling in serious cash
+ One professional photographer adds about $2,000/month in income from photos
+ Their recommendations:
+ Shutterstock
+ Fotolia
+ Dreamstime
+ Again, let me know how it's working for you!
+ Musician? Upload your stuff to places like the Podsafe Music Network - sell your tracks online there
+ Don't assume that your stuff has to be mainstream and popular - for example, a roll of toilet paper

Promo
+ U-Turn Cafe with Uncle Seth

Podsafe Music
+ Uncle Seth, You Don't Need an iPod
+ Music via the Podsafe Music Network
+ Stop by our MySpace page!

Reminders
+ Private student loans available at any time - visit AlternativeStudentLoan.com
+ Stafford federal student loans at StaffordLoan.com
+ Student loan consolidation at StudentLoanConsolidator.com
+ FAFSA form online filing at FAFSAonline.com
+ Financial Aid Podcast Show Notes at FinancialAidPodcast.com.
+ My personal blog
+ The Financial Aid Podcast is a publication of the Student Loan Network.

Questions? Comments? Suggestions? Email me at financialaidpodcast {at} gmail {dot} com, visit http://www.FinancialAidPodcast.com, or call 877-328-1565 x529 or 206-350-1208. AIM: FinAidPodcast Add me to your iTunes by visiting http://www.FinancialAidPodcast.com/subscribe/

Direct MP3 file download: MP3 file

Technorati Tags: financial aidfinancialaidpodcast