Worthiness Videos

FOODSTUFF: (1) Proto-Festive Fowl; (2) Cheesy Capsicum Campanelle; (3) Young Soup with Egg and Shrimp; (4) Sweet Tilapia Layer Melt

TWENTY-FIRST CENTURY: (1) Suspects of Interest

In this teaching Prophetess Linda continue to encourage us to develop a hunger & thirst after God. She give us 11 reasons to prusue God and his righteousness with a fervent passion.

FAP722: Sallie Mae, Nelnet in trouble, graduate financial aid mailbag Listen now: Student Financial Aid News + This Sunday is College Goal Sunday in Massachusetts. Other states will vary. I ll be at Framingham High School, and I ll be bringing my video rig as well. + Chronicle: Sallie Mae, (ticker: SLM) the nation s largest student-loan company, said it will stop offering loans to students at colleges with poor graduation rates. + The lender, which is struggling with financial difficulties including a falling stock price, announced the change on Wednesday, one day after it was revealed that Sallie Mae would also stop making private loans—those given by banks without any federal subsidy—to students whose credit ratings are below prime. + The moves are among service cutbacks a number of lenders have announced as they cope with a reduction in federal subsidies on government-backed loans and the overall tightening of credit markets stemming from the crisis in mortgage lending. + Albert L. Lord Sallie Mae s chief executive, explained the decision in a conference call with industry analysts on Wednesday. Education builds credit worthiness, and if there s one single variable that s critical, it s graduation, Mr. Lord said. + Sallie Mae has lent too much money to students who have gone to schools without very good graduation records, Mr. Lord said, without defining which colleges he had in mind. + As with the company s new policy of not making private loans to students with poor credit ratings, a shift by Sallie Mae based on graduation rates could have its most significant effects on for-profit colleges and some categories of private institutions that rely on lower-income students. Sallie Mae did not restrict its boycott of colleges with low graduation rates to either private loans or federally guaranteed loans. + Students at colleges with low graduation rates are singly responsible for more than 60 percent of credit losses at Sallie Mae in 2007, Mr. Lord said. + Some college groups said the decision on private loans could be beneficial, since some lenders have been encouraging too many students to borrow beyond their means. + This is a classic Sallie Mae move—always trying to cream the good paper, said Sarah A. Flanagan, vice president for government relations at the National Association of Independent Colleges and Universities. + In other student loan industry news, Nelnet (ticker: NNI) is exiting the student loan consolidation business in a press release yesterday and is also cutting 300 jobs + If you re a Nelnet customer interested in student loan consolidation, come on over to StudentLoanConsolidator.com or call 877-328-1565 + Tomorrow, another episode of Financial Aid Podcast Live! Scholarship Update + The Alice L. Haltom Educational Fund exists for the purpose of furthering education in the field of information and records management. It is supported by contributions from various chapters of the Association of Records Managers and Administrators International (ARMA), companies, individuals, and other organizations. + Deadline May 1 each year + $2,000 + Details at our free college scholarship search site Mail Bag + Lorri writes in: My sister in law is trying to acquire enough money to go to Berkley or some major school like that for her Masters. Are there any scholarship/loan/grant websites or businesses she should look in too. I used the FASFA grant to get through college, but I don t think that applies to a masters degree. Congrats on the $10,000 scholarship campaign, you do awesome work for others! + The FAFSA is a must for graduate students, too! + There are lots of scholarships and grants for graduate students - typically, scholarships and grants for graduate students focus more on the field of study than on financial need, in contrast to undergraduate scholarships + Graduate Stafford loans have higher limits than undergraduate ones + Graduate PLUS loans are just for graduate students + Make sure your sister in law has a copy of our free eBook, Scholarship Search Secrets Did you enjoy today s show? If so, please consider subscribing for free to get it delivered to you. Subscribing for free means you don t have to remember to download it every day. + Click here to subscribe for free by email + Click here to subscribe for free in iTunes + Click here to add the Financial Aid Podcast to Google Reader or your Google Homepage Direct MP3 file download: Click here to download the MP3 Reminders + Student Loan Network $10,000 Scholarship - Apply in 32 seconds or less! + Financial Aid Podcast Show Notes at FinancialAidPodcast.com. + Discuss this episode at the Financial Aid Forum! + Free scholarship search secrets eBook at StudentScholarshipSearch.com/ebook + FAFSA form tutorials and free help at FAFSAonline.com + Stafford federal student loans at StaffordLoan.com + Student loan consolidation at StudentLoanConsolidator.com + Private student loans available at any time - visit AlternativeStudentLoan.com + The Financial Aid Podcast is a publication of the Student Loan Network. I want to hear from you! Email me at financialaidpodcast gmail com, visit http://www.FinancialAidPodcast.com, or call 206-350-1208. Technorati Tags: financial aid financialaidpodcast financial aid, financialaidpodcast ShareThis