Sunday November 8, 2009
Thanks to a widespread parent uproar, the Texas Prepaid Tuition Plan has backed off their new and controversial refund policy. Under the policy, refunds tied to a voluntary cancellation of the plan would not be credited the annual return (increases in tuition) accrued under the plan.
Of course, for many parents who opted for the Texas Prepaid Tuition Plan over other Section 529 savings plans, a denial of access to their earnings is beyond absurd.
To learn more, visit the Texas Prepaid tuition plan website, where they provide explanations of both the old policy and the new (rejected) policy.
Saturday November 7, 2009
The Oregon Student Assistance Commission (OSAC) is offering a uniform application that allows students to apply for over 400 different Oregon scholaships in one shot.
The Oregon Student Assistance Commission offers two separate deadlines for submitting the application, including one for early birds:
- Early Bird Deadline - February 16, 2010
- Final Deadline - March 1, 2010
In short, every student interested in Oregon scholarhips should fill out the application, since it'll kill 400 birds with one stone.
The OSAC Oregon Scholarship Application
The OSAC Directory of Oregon Scholarships
Saturday November 7, 2009
The Academic Registries of World Universities just published their list of the best colleges in the world for 2009. While America dominated with 17 out of the top 20, I was a little taken back by some of the choices.
I'll admit that this is my first year taking a look at the list, but the following choices left me guessing when they outranked other Ivy League schools like Brown:
14. UC San Diego
16. University of Washington
17. University of Wisconsin-Madison
Check out the entire list of the best colleges in the world at http://www.arwu.org/ARWU2009.jsp.
Saturday November 7, 2009
According to a Reuters report, Bank of America is bailing on the FFEL program. According to the Reuters article, this represented $4.8 billion in loans in 2008, making Bank of America the fourth largest FFEL lender in the country.
Bank of America's decision to exit the student loan business apparently comes ahead of the Obama administration's plan to focus its efforts on direct lending.
