Law School Loans

Federal Loan Consolidation
Private Loan Consolidation
Bar Loans
Law School Tuition Loans
Government Relations
School Partnership Program
My Account
About us
Account Login
User Name:
Password:
Forgot your User name or Password?
New users: Register Today!
  Student Loan Consolidation Exclusively for Attorneys and Law Students
White Students Seeing More Aid



Download PDF Tell Others
View Comments Post a Comment
White Students Seeing More Aid
Many institutions are allowing non-minority student to apply for and receive fellowships and scholarships that were originally intended for minorities. The redirecting of this aid is largely due to pressure from the federal government and the possibility of facing litigation such as the two University of Michigan Supreme Court cases in 2003. UM was targeted for its minority-friendly admissions policy; today, the state of the law remains ambiguous.

KY Law Students Lose Funds
Low-income students at Kentucky's three public law schools are losing a badly needed source of financial aid. A scholarship program known as Kentucky Legal Education Opportunity (KLEO) was recently ended by the state Senate, causing a wave of distress in both school administrators and government officials.

KLEO was created by Kentucky Supreme Court Chief Justice Joseph Lambert to increase the opportunities for disadvantaged students to attend law school.

According to one lawmaker, the Kentucky House of Representatives included $250,000 for the program in its budget, but the Senate cut the program completely. Some state senators feel it would be more appropriate to fund the program through the state’s financial aid agency.

Two Congressmen Seek To Restore FinAid
U.S. Congressman George Miller (D-CA) and U.S. Senator Dick Durbin (D-IL) are coming to the rescue to American students and financial aid administrators. The Reverse the Raid on Student Aid Act aims to remedy the recent $12-billion cut from federal student aid programs beginning in the 2007 fiscal year. Part of the plan includes an interest-rate cut for federally guaranteed student loans from 6.8 to 3.4 percent and PLUS loans from 8.5 to 4.25 percent.

As expected, a wide range of activists, student groups, and financial aid administrators are organizing to support the act.

UM Clears Path for Debt-Free Grads
In the face of crippling reductions to federal student aid funding, the University of Maryland has initiated a program to graduate debt-free students.

Due to a record 11-percent increase in Maryland’s budget for higher education financial aid, administrators are planning to use an undisclosed sum to fund three “Pathways” to debt-free graduation.

For the lowest-income students, UM has created a work/grant program.

These students will work between 8 and 10 hours per week at on-campus jobs and will receive significant grants to cover the remainder of their tuition.

The second level provides funding to students who lose out on federal aid because they hold jobs while enrolled in school. The third level gives funding to seniors with more than $15,900 in federal student loans, allowing them to comfortably afford their senior-year expenses.

Eligibility is determined by how much money students and families are able to contribute and not strictly on a their income. So far, around 500 students have enrolled in the Pathways programs.

SPOTLIGHT ON SCHOLARSHIPS

Two New Grants for '06-'07
Two grant programs created under the Higher Education Reconciliation Act will take effect beginning with the 2006-2007 school year. The Academic Competitiveness Grant will be available to first- and second-year, Pell-eligible students who have demonstrated financial need and academic ability. Third- and fourth-year students who are eligible for Pell grants may also qualify for the Science and Mathematics to Retain Talent (SMART) Grant.

The Academic Competitiveness Grants will be worth $750 first-year students and $1,300 for sophomores, and SMART Grants will be worth $4000 per year. Student will be notified of their eligibility upon completing a FAFSA.

Research Grant Deadline Approaches
The National Resource Center for The First-Year Experience and Students in Transition is seeking applications for the Paul P. Fidler Research Grant. The grant is open to faculty, staff, and graduate students who plan to conduct research and disseminate knowledge that has potential to improve the experiences of college students in transition. The comprehensive award package that includes a $5,000 stipend, travel to two national conferences, and a potential publication has an application deadline of June 1, 2006.

The grant is available to faculty, staff, and graduate students who plan to conduct research on issues of college student transitions. Cross-institutional research teams are encouraged to apply.

 


Article Title : White Students Seeing More Aid
Comment not found for this article.
Comment
 
+ 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!


Your Name: Your E-mail Address:

We respect your privacy.
Friend's name: E-mail address:
Include a Message:
+ Privacy Policy

Free Ebook With All Registrations
My loan advocate was so helpful and so understanding of my current situation. She helped me work out the best possible plan to lower my payments and lock in the lower interest rates. Thank you Law School Loans!
- Heidi L.  Houston, TX
5 Most Dangerous Trends of Student Loan Companies
Your Federal Benefits Law School Loans Guarantees Your Borrower 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.

The only requirements for consolidation are that you have at least $10,000 in eligible loans, are out of school, have not yet consolidated, and are not in default with your current lenders—there are no credit checks.
Newswire

Important interest rate changes, valuable new programs, and everything you need to know about your loans and repayment... sign up for breaking news updates from Law School Loans!
Email:

+ most recent newsletter
+ newswire archives
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.
Benefits of Federal Loan Consolidation with Law School Loans
Additional Information:
Repayment Options
Frequently Asked Questions
Retain Your Government Benefits
Why the Government Wants to Help You
About Us
Press Room
Glossary of Terms
What Will You Do With All The Extra Money Law School Loans Saves You???
Advice from Law School Loans:
Planning for Law School
Kennedy Introduces Legislation That Would Alter Federal Financial Aid

New Trend in Education Finance Counseling Programs

No Threat to Federal Student Loan Availability

Harvard Law School to Waive Tuition for 3Ls

Pennsylvania State University Switches to Direct Loan Program

Congress Urges Secretary of Education to Take FFELP Loan Action

ABA Releases Report on Law School Enrollment

Legislation Could Simplify Financial Aid Application Process

New Jersey Loan Guarantor and Attorney General Reach Settlement

Higher Education Act Renewed

Major Lender Exits FFEL Program

Investigations into Study-Abroad Programs

No Comprehensive Analysis of Cuts to FFEL Program, Secretary Says

Don't Look for Monsters

IRS Reminds Students of ''Tax-Advantaged Education Expenses''

Bush to Sign Conference Agreement

Borrowers Must Hurry to Receive Savings Before the October 1 Deadline!

California Students Get Relief, 2007-2008 State Budget Passed

Southern Illinois University President Accused of Plagiarism

Study Finds More Preparation Needed for Transition from High School to College

Wisconsin Students Awaiting Approval of WHEG Funding

Spellings announces $12 million in grants for tribally controlled schools

Four employees of Crown College under fire

Spellings Urges Colleges and Lenders to Comply with New Loan Rules

A New College Education Plan

Senator Herb Kohl introduces bill to help students remain out of debt

Study says academic tracking a major barrier to college attendance

Ithaka Advocates Online Publishing by Universities

Schools to Boycott U.S. News & World Report Survey

President Bush Threatens to Veto Appropriations Bill for Departments of Education, Labor, and Health and Human Services

Colleges to Start Policing Students Who Download Music

Virginia launches six-year plan to align K-12 standards with university-level education

Michigan tuition hike is daunting

College Admissions Are Still Beyond the Reach of the Economically Underprivileged

NASFAA Members Respond to Code of Conduct

New Hampshire University System Approves Tuition and Aid Increase

Free Tuition for Massachusetts Students: A Curse or a Blessing?

The Focus is Now on College Performance

U.S. Energy Department Going Greener

Senators Urge Spellings to Refrain from Imposing New Accreditation Regulations

Virginia’s James Madison University Approves Its Biggest Budget Yet

Massachussets Governor Proposes Free Attendance to Community Colleges

Federal Agents Raid Florida-Based Student Loan Company