Mississippi Business Journal » financial aid

New Pell Grant rules hurting college enrollment

Associated Press — Thu, 10 Jan 2013 13:41:12 +0000

JACKSON — New regulations enacted by Congress in June have stripped Pell Grant eligibility from nearly 3,000 Mississippi students. According to a recently completed study of the impact of the new Pell Grant regulations on Mississippi two-year colleges, the changes led to lower enrollments for the fall 2012 semester at 14 of the state’s 15 [...]

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MGCCC offering assistance to return-to-college propsects

MBJ Staff — Fri, 27 Jul 2012 22:27:00 +0000

PERKINSTON — Mississippi Gulf Coast Community College is offering financial assistance for associate degree completion through the Mississippi Adult Degree Completion Program. A maximum of $2,000 is available for individuals who would like to complete their associate degree and have not been enrolled in college for at least one semester, have 0-15 credit hours left [...]

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Bounds: State’s college scholarship funding ‘being rapidly depleted’

Associated Press — Mon, 06 Feb 2012 12:08:39 +0000

ACROSS MISSISSIPPI — Recipients of state scholarships could see their aid packages trimmed unless the Mississippi Legislature puts more money into financial aid. That includes the more than 20,000 residents who receive yearly grants of $500 or $1,000. Higher Education Commissioner Hank Bounds says officials have been using money collected from state student loan repayments [...]

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Fitch places student loan trusts on ‘Rating Watch Negative’

MBJ Staff — Wed, 28 Sep 2011 17:22:43 +0000

JACKSON — Fitch Ratings has placed 16 U.S. student loan ABS trusts on “Rating Watch Negative.” The action includes the Mississippi Higher Education Assistance Corp.-1999 Trust Indenture and Mississippi Higher Education Assistance Corp.-2004 Indenture of Trust. In taking the actions, Fitch has cast a wide net selecting trusts that contain more than 20 percent tax-exempt [...]

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Tulane-Madison approved for student loans

Associated Press — Thu, 03 Jun 2010 14:40:21 +0000

MADISON — Tulane University’s Madison branch has now been cleared for students to receive federal student loans, a little too late for some classes that were scheduled to begin this week. Sherry Chance, director of the branch, tells The Clarion-Ledger that the U.S. Department of Education handed down the official certification of the campus as [...]

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IHL receives grant from USA Funds

Wally Northway — Thu, 13 May 2010 12:24:16 +0000

JACKSON — The Indianapolis, Ind.-based nonprofit USA Funds has awarded more than $1 million in grants for the quarter ending March 31. USA Funds awarded 63 grants to organizations in 16 states, the District of Columbia and Puerto Rico, to enhance awareness of and preparation for, access to and success in postsecondary education. USA Funds [...]

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Bounds, Ross ask for more financial aid

Associated Press — Wed, 27 Jan 2010 16:09:10 +0000

JACKSON — Higher education leaders are asking Mississippi lawmakers to boost funding for financial aid programs, saying hundreds of students have been denied assistance because of a lack of money. State College Board President Scott Ross and Higher Education Commissioner Hank Bounds appeared before the House Appropriations Committee on Tuesday — a day after the [...]

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