Beacon Financial Advisors - Kristine McKinley - Fee only financial planning - Lee's Summit, Kansas City, Blue Springs, Independence » student loans http://www.beacon-advisor.com Fee only financial planner serving greater Kansas City area, including Lee's Summit, Blue Springs Fri, 20 Aug 2010 03:13:32 +0000 http://wordpress.org/?v=2.9.2 en hourly 1 More Financial Aid for College Students on the Way? http://www.beacon-advisor.com/2007/09/more-financial-aid-for-college-students-on-the-way/ http://www.beacon-advisor.com/2007/09/more-financial-aid-for-college-students-on-the-way/#comments Thu, 06 Sep 2007 17:44:54 +0000 Kristine McKinley http://beaconfinancialtips.com/?p=94 According to MarketWatch.com, President Bush plans on signing legislation that would increase college financial aid by about $20 billion over the next five years.

The new bill would reduce the interest rate on need-based student loans to 3.4% (currently 6.8%) over the next four years.

It would also increase the Pell grant maximum to $5,400 over the next five years.

Other provisions in the bill will help borrowers who are having trouble meeting payments due to economic hardships. 

For more details, click here.

]]> http://www.beacon-advisor.com/2007/09/more-financial-aid-for-college-students-on-the-way/feed/ 0