Law School Loans' products private loans are offered for a student's private education solution. We offer flexible terms, competitive rates, simplified procedures, and a prompt pre-approval credit decision.
MI Tuition Up
MI Tuition Up
The cost of college for Michigan students is expected to shoot up this year. However, the hike won't be as steep as in past years. While last year, the state's public universities had increased tuition by 7 to 18.5 percent, this year's increase is expected to be much lower. Students and their families can also take into account the state's proposed 3 percent increase in financial aid.
For the 2006-2007 academic year, tuition will rise by 5.9 percent for in-state undergraduates at Michigan State University. The hike has been recently approved by a vote by the Board of Trustees of MSU. The increase will cost students $453 more than last year, bringing tuition and fees to about $8,170.
Though some colleges are still in the process of setting their tuitions for fall, the highest increase in a year so far has been at Michigan Tech, which is slated to raise tuition by 8.7 percent. The lowest, a 4.8-percent tuition increase, has been reported at Northern Michigan University.
More Aid In Or
The Oregon State Board of Higher Education has accepted a proposed budget request for $988 million to aid the state's seven public universities. In a meeting at Portland University, the Board agreed to ask for a $256-million increase from the current $732 million budget. In the meeting, Gov. Ted Kulongoski spoke of an enhanced model for financial aid that would expand the Oregon Opportunity Grant program by expanding eligibility requirements and making post-secondary education affordable to more students.
According to the proposed model, students would pool in towards their college cost a similar amount of their salaries by working 40 hours per week in summers, and part time for the school year. The amount would be about $4,750 from a minimum-wage job. A four-year school student would have to contribute an additional $2,750.
The families of the students would then be asked to contribute, and the students would need to fully utilize the federal grant programs and tuition tax credits. Even after this, if the student falls short of the money required, the state would step in to fill in the space. The funding would be partly made from the governor's enterprise funding budget, and is expected to start by school year 2008-2009.
Hispanics Need More Aid Info
According to a survey conducted by the Tomas Rivera Policy Institute last month, Hispanic youth are under-informed about financial aid. A total of 400 Hispanic youth aged 18 through 24 were interviewed; half of the respondents had never attended any college or university.
Though the Institute focused its survey on California Latinos, other geographical areas can apply the same data due to the diversity of California's Hispanic population.
More than half of the respondents believed that U.S. citizenship was a prerequisite to applying for financial aid, although this assumption is incorrect. They also reported a distressingly high lack of knowledge about financial aid, including eligibility for grants such as the federal Pell Grant.
Although a full 98 percent of those surveyed admitted the importance of obtaining a college degree, a mere 62 percent said they thought the benefits of higher education would outweigh the costs.
The Tomas Rivera Policy Institute is a nonprofit research organization headquartered at the University of Southern California.
Update On New Bill
Over the past week, Northwestern University officials have been trying to contact around 17,000 students and applicants to the school whose personal information may have been compromised after hackers broke in to nine on-campus desktop computers.
In May, another hacker-related incident resulted in a breach of I.T. security in the Office of Admissions and Financial Aid. However, it is currently unknown whether this month's hackers have gained access to students and applicants' personal information, including Social Security numbers. Chuck Loebbaka, the school's director of media relations, stated that the hackers may not have even known this information was available on these particular computers.
FL Goes To Summer School
In five years, Florida public universities will see an additional 65,000 students attending each year. Mark Rosenberg, chancellor of the state's public universities, recently told InsideHigherEd.com that he is proposing a year-round system that may help 30,000 more students to enroll each summer.
Thousands of students already take summer courses in the state; Rosenberg feels that core classes could be offered more systematically, allowing more students to graduate on time.
Article Title : MI Tuition Up
Comment not found for this article.
+ Consolidate Your Private or Federal Student Loans Now! (Save Thousands!!)
Up-to-date information is outdated information.
Get it up-to-the-minute from Law School Loans.
At Law School Loans, America's top law school lender, we employ some of the best financial advisers and finance journalists in the student lending industry. Be sure you're getting the most accurate data from the most trusted source, and stay up-to-the-minute on your own student loans!
Just use the RSS feed below and add this to any of the channels you use to receive blogs, podcasts, and other syndicated material.
Click here to sign up for our weekly Newswire now!
Free Ebook With All Registrations
I consolidated in my last year of law school. I was worried about having time to do a consolidation while also trying to study for exams. Law School Loans made my consolidation simple. They did all of the work and let me know exactly what I had to do to get the consolidation started. Thanks to them, my loans are consolidated. - Jennifer A. Seattle, WA
Your Federal Benefits
If you are still in-school, you may reserve your consolidation for graduation with Law School Loans. By signing and returning your application now, you will be guaranteed the current low rates on your consolidation, and you will not have to think about your consolidation again until you enter repayment.
While you are attending school and after you graduate, be sure to establish and protect your good credit rating. Make all loan and other payments on time; use cash instead of credit cards; and monitor your spending habits.
A few minutes on the phone or online could save you $600 a month or more on your student loan payments.
or Call (800) 659-8344
-CLICK HERE-to request an appointment with one of our expert loan counselors.