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Universities Step In On Student Loan Delay

by noor on November 19, 2009

in News, Student Loans

In order to help out those students who are still waiting for their loans, many universities in England and Wales have started to use their hardship funds.

university help student loand

As the Student Loans Company (SLC) has yet to process loan applications that should have made cash available in September, thousands of students had to get financial assistance to pay for books, food and rent.

According to a survey by BBC this week, most of the universities said that they had to use their hardship funds to pay out an average of £44,000 to help needy students.

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Federal Reserve Not Likely To Increase Interest Rates Soon

by R. MAK.November 4, 2009 Interest Rates

According to a recent news story in Associated Press, It is highly unlikely that Federal Reserve Bank will change the key interest rates any time soon. Since the interest rates are currently at historic low for some time now and practically this is as low as Fed can keep them to kick start the jammed US economy. Despite the faint signs of improvement in economic activity, Fed is not likely to touch the rates at least not for next two quarters.

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What’s New in College Financial Aid?

by noorSeptember 4, 2009 Financial Aid

There have been several changes in the college financial aid system. Here are the six most important developments.

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Liquid Assets Guard Against Debt

by noorSeptember 3, 2009 Debt

Acquiring a new home is one of the biggest decisions affecting one’s financial life. Most of the people will never make a more costly purchase, or more significant, with respect to their overall financial position.

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A Second Job Can Help Curtail Debt

by noorAugust 29, 2009 Debt

The first thing everyone tries, when fighting off debt, is to cut off extra expenses and tighten up the budget. But after doing that, fewer choices remain. One of those choices that can improve our lives is to get a second job.

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Citi Says Loan Modifications Growing Substantially

by noorAugust 25, 2009 Banks

In response to the U.S. Treasury’s call to speed the process and help prevent foreclosures, Citigroup Inc has significantly boosted its mortgage modification offers this month.

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Fighting Debt In a Slow Economy

by noorAugust 24, 2009 Debt

Although an economic recession has many disadvantages, it forces companies and people to survive by eliminating extravagant behavior and becoming more efficient about their business, which may bring in a good change in people’s attitude. Likewise, by implementing the same reaction into their lives aimed at defeating debt, the average American can benefit from this too.

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SBA Hopes To Help Businesses With $730 Million In Loans

by noorAugust 22, 2009 Investments

Although most of us cant imagine it, but it is possible to have tons of money to lend out, but few to lend it to. This is the current situation in which, Small Business Administration District director of San Diego, Ruben Garcia , is stuck in.

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U.S. Mortgage Rates Fall to 5.12%

by noorAugust 20, 2009 Banks

This week, the mortgage rates for 30-year fixed loans fell to the lowest level since May. This has led to reduced borrowing costs for hesitant buyers. Recent signs show that the recession in the U.S. housing market may be bottoming.

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Getting A Larger House – What Type Of Mortgage?

by noorAugust 15, 2009 Loans

Nowadays, there are many ways to get a larger house if you want one. Lenders are now making it much easier to get larger amounts of money for a mortgage. But the question is however, that whether it is this good practice, and is it safe or not?

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Low Interest Rates Possible Until 2013

by noorAugust 13, 2009 Banks

According to the Bank of England Report published yesterday, Low interest rates could be with us for some time. The Centre for Economics and Business Research (Cebr) said that the reality of a deep recession and slow recovery has dawned upon the MPC, recognizing that dull growth and downward pressure on prices may be of the greater concern.

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