Crestar's New eCareer(SM) Loans Offer Financing Alternative for Students Pursuing Private Career Training
RICHMOND, Va., July 13 /PRNewswire/ -- Crestar Bank today introduced a new type of student loan designed specifically to help individuals gain the skills required to fill some of the country's fastest growing job categories. The new loans, known as eCareer(SM) loans, finance training at private

Publication: PR Newswire

STUDENTS FIND BORROWING MORE COSTLY THE USE OF ALTERNATIVE LOANS IS INCREASING AS COLLEGE COSTS RISE.(FRONT)
Byline: Karen Rivedal Higher education reporter A steep rise in the use of expensive alternative loans to finance college is creating a costly situation for many students: Even as the new loans help cash-strapped students afford college, they threaten to drown some graduates in excessive debt.

Publication: Wisconsin State Journal (Madison, WI)

Financial Aid Award Package Not Enough? Student Loan Funding Offers Alternative Sources of Funding to Help Students and Parents Meet the Cost of Education; Families Should Consider Entire Financing Package When Evaluating Education-Funding Options.
CINCINNATI -- CINCINNATI, June 5 /PRNewswire/ -- According to the National Association of Student Financial Aid Administrators, average student financial aid awards cover only 72 percent of the demonstrated financial need of undergraduate students. This often leaves families struggling to meet the

Publication: PR Newswire

Peer-to-Peer Financing Emerging as an Alternative for Student Loans.
Due to the current financial credit crunch, traditional lenders such as banks and credit unions are now declining some student borrowers who would previously have qualified for college loans. With private loans becoming scarce, and federal student loans being cut back, increasing numbers of the

Publication: Business Wire

Student Loans: Banking on Education: Private students loans increase asset base, risk.
Four years ago, Sover-eign Bank wasn't inking private student loans. Now they're 10 percent of student loan volume at the bank- evidence of opportunity, but one that some say is risky. College tuition shot up about 37 percent for four-year schools over the past decade, while government limits on

Publication: US Banker

UNIVERSITY OF NEW HAMPSHIRE REASSURES STUDENTS WITH ALTERNATIVE LOANS
The University of New Hampshire issued the following news release: The Financial Aid office at the University of New Hampshire wants to reassure students that other options are available for participants in the recently terminated Loan for Educational Assistance Funding (LEAF) program. LEAF is a

Publication: US Fed News Service, Including US State News