financial aid

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Senators ready to restore lower college loan rates

A bipartisan group of senators is announcing a deal that lets students dodge higher interest rates when they go back to campus this fall.

The group on Thursday told reporters they have reached a compromise that lowers the rates for all students who borrow from the federal government. The…

2013-07-18
Looking for a solution to the jump in student loan interest rates

Antonya Bruno, a senior at Howard University, has used the maximum amount of federal loans over the last three years to help pay her steadily climbing tuition.

"It's been very helpful," she said, happy that she has avoided taking out more expensive…

2013-07-09
Editorial: Congress must reverse doubling of student-loan interest rates

CONGRESS squandered a year of potential progress on student-loan interest rates. The result of its inaction was a sharp rise in rates on Monday.

Rates on federally subsidized Stafford loans jumped from 3.4 percent to 6.8 percent, essentially slapping a $1,000 tax…

2013-07-02
Student loan interest rate doubles. Government could pay more, too.

Millions of college students woke up Monday to a new reality: The interest rate on their new subsidized Stafford loans – the most popular federal student loan program – doubled overnight.

2013-07-02
Obama urges Congress to follow his lead to extend student loan rates

With student loan rates set to double in a month, President Barack Obama on Friday urged Congress to extend the current rates, a demand which Republicans rejected as needlessly partisan.

2013-05-31
5 things to watch heading into special session

Washington lawmakers have adjourned their 105-day legislative session, but only get a two-week reprieve before they return to Olympia for a special session to finish their work on the state budget.
Budget writers in the House and Senate will continue their negotiations in the coming days…

2013-04-30
Sequestration Presents Uncertain Outlook for Students, Researchers, and Job-Seekers

As the midnight-Thursday deadline came and went, steep federal spending cuts were set in motion, leaving college students, administrators, and researchers bracing for the effects of impending reductions in financial-aid, research, and job-training programs. Adding to the anxiety is the fact that…

2013-03-01
WWU pledges to offset potential financial aids cuts from sequester

Western Washington University students receiving federal financial aid will be able to continue getting the same amount of funding through the 2013-14 school year, even if their aid is affected by automatic federal spending cuts that could kick in Friday, March 1.

The university has…

2013-02-28
Students before sequesters: Western

The automatic federal budget cuts set to take effect on Friday will not be allowed to block any student from attending Western Washington University in Bellingham, WWU President Bruce Shepard announced Tuesday.

Western will “draw upon institutional reserves to provide funding if “any…

2013-02-27
WWU to offset possible cuts in federal financial aid to Western students 2013-02-26
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