I heard that Obama is a snob for wanting everyone to be able to attend college.
On Wed, Mar 14, 2012 at 2:08 PM, PT <cft...@gmail.com> wrote: > > heh kick the students on the way in and then on the way out. Then on > the way in and out again if it's for grad school. ;) > > The repeated coursework entry makes all kinds of sense and is completely > fair. More than fair, probably. > > --------------------------------------------- > > > Rebate Elimination > > The Federal Direct Loan Program will no longer offer upfront rebates on > origination fees starting with loans disbursed after July 1, 2012. The > origination fee for Federal Direct Subsidized and Unsubsidized Loans > remains at 1.0%. The origination fee for PLUS loans remains at 4.0%. > > Grade Period Interest Subsidy Elimination > > Federal Subsidized Direct Loans disbursed between July 1, 2012 and July > 1, 2014 will no longer receive a grace period interest subsidy. For > loans disbursed between these dates, interest will accrue to the student > during the six month grace period provided to students when they are no > longer enrolled at least half-time. > > Subsidized Direct Loan Elimination for Graduate Students > > Beginning July 1, 2012, graduate and professional students are no longer > eligible to receive Federal Direct Subsidized Loans. The graduate Direct > Loan program will become entirely unsubsidized, which means loans will > accrue interest while a student is in school. The annual loan limit for > graduate and professional students remains unchanged at $20,500. This > change does not affect Federal Direct Subsidized Loans previously borrowed. > > Pell Grant Changes effective July 1, 2012 > > Students may receive a Pell award for a maximum of 12 semesters (6 > annual awards). > The annual Pell grant maximum remains at $5,550. However, the maximum > Expected Family Contribution (EFC) for Pell eligibility has been reduced > to 4995. > > Repeated Coursework > > Federal aid will not pay for the third attempt of a class already > successfully completed. When a passing grade is earned, federal aid will > only pay for one additional attempt for the same course > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Order the Adobe Coldfusion Anthology now! http://www.amazon.com/Adobe-Coldfusion-Anthology/dp/1430272155/?tag=houseoffusion Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:348568 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
