"Projected costs for a Pell Grant entitlement funding stream that the House passed last fall have exploded compared to earlier estimates, but savings projected from a switch to 100 percent direct lending are virtually unchanged," Higher Ed Watch reports.

"Millions of former students may see their federal education loan payments drop under a new plan that President Obama [announced] in his State of the Union Address Wednesday evening," Forbes reports. "Former students who sign up for income-based repayment

Many people think that graduate students are left out in the cold when it comes to financial aid. Fortunately, this is not true at all. In fact, graduate students have just as many financial aid options as undergraduate students. Federal student loans, p

Financial Aid Podcast 940: Farewell from Christopher S. Penn Download the MP3 file here. Good Friday, January 29, 2010. My name is Christopher Penn, and this… is my last episode of the Financial Aid Podcast. I’m departing Edvisors today, but I

"Colleges aren't waiting for the U.S. Congress or the banks," Dow Jones reports. "Most are becoming direct lenders to students to ensure that loans are available this fall. 'If they're not becoming a direct lender, they're getting ready in case they need

Commissaries are an integral part of the quality of life offered to service members and their families. The Scholarships for Military Children Program was created in recognition of the contributions of military families to the readiness of the fighting fo

The cost of a college education is rising every year. This year the average cost of a private four-year school was $26,273, up 4.4% from last year, and the average cost of a public school was $7,020, up 6.5% from last year. For most families, paying for c

The cost of a college education is rising every year. This year the average cost of a private four-year school was $26,273, up 4.4% from last year, and the average cost of a public school was $7,020, up 6.5% from last year. For most families, paying for c

Graduating from college and getting your first job comes with a sense of financial independence. However, financial independence comes with financial responsibility. As a college graduate living on your own you will probably have rent payments, car payme

Is your school financial aid package the be-all and end-all of financial assistance for college? No. If your financial aid package does not meet your needs there is always an opportunity to appeal and request additional funds.