What Happens If You Misuse Your Student Loans

What Happens If You Misuse Your Student Loans

Individuals can be legally prosecuted and face fines or imprisonment in financial aid fraud cases and instances of illegal borrowing. (Getty Images) Many college students make poor decisions with their student loan refunds – spending the money on noneducational purposes, such as spring break vacations and buying new clothes. Accounts of student loan misuse are easy to find – and usually don’t shock the Student Loan Ranger. However, we were surprised by one recently buzzed-about way to spend student loan funds: investing in cryptocurrencies. Such findings may be questionable, but many instances of student loan misuse…

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Education loan a boon, but interest rate a pinch: Students

Education loan a boon, but interest rate a pinch: Students

BENGALURU: While education loans help many students pursue higher education in the country, they are seen as a burden when it comes to higher interest rates. Rajesh Bhatt, who is pursuing M Tech in highway technology at the governmentrun Sri Krishnarajendra Silver Jubilee Technological Institute, is still haunted by the burden of an educational loan he’d availed from a nationalised bank while studying his engineering degree, though he has been managing to pay it off. “Without taking a loan it is not possible to study engineering even at a government college….

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Ministers under fire as student loan interest hits 6.3%

Ministers under fire as student loan interest hits 6.3%

The rate rise affects students who started after 2012. Photograph: Alamy Ministers are facing renewed criticism over university funding after an increase in student loan borrowing costs using a “flawed” measure of inflation. The interest rate on loans for students in England, Wales and Northern Ireland will rise by up to 6.3% from September, up from the current 6.1% for anyone who started studying after 2012. The change is a consequence of the increase in the retail price index (RPI) for last month to 3.3% from 3.1% in March a…

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Floyd Green Bats For More Scholarships

Floyd Green Bats For More Scholarships

Earl Jarrett (second right), general manager of Jamaica National Building Society and chairman of JN Foundation, and Floyd Green, minister of state in the Ministry of Education, Youth and Information, pin JN Scholars awardees at a Jamaica National Foundation Scholarship Awards function in 2016. 1 2 State Minister for Education, Youth and Information Floyd Green is imploring more Jamaicans, including those in the diaspora, to become involved by offering more scholarships to needy Jamaican students. “Sometimes we may see it just as a way to help an individual, when, in…

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7 Indians selected for Gates Cambridge Scholarship

7 Indians selected for Gates Cambridge Scholarship

The scholarship programme was established in October 2000 by a donation from the Bill and Melinda Gates Foundation to the university.(Reuters File) Seven Indians are among 92 scholars from 28 countries selected for the prestigious Gates Cambridge Scholarship to pursue postgraduate study in various subjects at the University of Cambridge from the academic year beginning later this year. The 2018 cohort comprising 49 women and 43 men will pursue PhD and MPhil courses. The scholarship programme, established in October 2000 by a donation from the Bill and Melinda Gates Foundation…

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How to sign up for Mike Rowe’s trade scholarship

How to sign up for Mike Rowe’s trade scholarship

If you or someone you know is interested in a job in the trades — such as plumbing, electrical work or welding — former “Dirty Jobs” host Mike Rowe is offering a scholarship program through his charitable foundation that will offer money for skilled jobs training. This is the fifth year in a row that the organization has offered its Work Ethic Scholarship, which is taking applications through June 4. The amount awarded has not been specified in terms of dollars, but the organization refers to it as a “pile of money” and, in a video announcing…

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Carmel Schools says it won’t make contentious high-ability changes next year

Carmel Schools says it won’t make contentious high-ability changes next year

Update, April 9, 2018: Carmel Clay Schools announced Monday night it will not change its high-ability program next school year. Administrators also cancelled a series of informational parent meetings on the topic scheduled for this week, according to an email sent to parents. Instead, the district will conduct a “comprehensive survey in the coming weeks” to gather parents’ thoughts and questions. The notice clarifies an earlier message sent to parents on March 31 which said the switch to cluster grouping, originally planned for the fall, was “temporarily postponed.” Earlier: Carmel Schools should…

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Social Media Scare for Many ‘C.H.S.’ Schools

Social Media Scare for Many ‘C.H.S.’ Schools

SOUTH CENTRE TOWNSHIP, Pa. — A threatening photo posted on social media put school districts all across the country on alert, including a high school in Columbia County. Although the threat was very real, it wasn’t actually a threat for the school in our area. The principal of Central Columbia High School in South Centre Township became aware of a threatening social media post that targeted a school with the initials “C.H.S.” School officials and local and state police responded, and students were put on lockdown for almost two hours…

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Schools ‘to drop gathering nationality data’

Schools ‘to drop gathering nationality data’

Campaigners said schools should not be asking about pupils’ nationality Privacy campaigners say the Department for Education is to drop the controversial requirement for schools in England to collect data about pupils’ nationality. The Against Borders for Children protest group had warned the information could be used to check on the immigration status of pupils. Campaigners hailed it as a “victory” after a boycott and legal challenges. The Department for Education would not confirm reports of the policy change. A report in Schools Week says schools will be told in the next…

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Iker Casillas’ 1000th match of career ends on dismal note as Porto suffer defeat at Belenenses

Iker Casillas’ 1000th match of career ends on dismal note as Porto suffer defeat at Belenenses

Lisbon: Iconic Spanish goalkeeper Iker Casillas played the 1000th match of his career on Monday as Portuguese title contenders Porto suffered a damaging 2-0 defeat at Belenenses. File image of Porto’s Spanish goalkeeper Iker Casillas. AFP Casillas was making his 108th appearance for Porto, having previously turned out 725 times with boyhood club Real Madrid while earning 167 caps for Spain. He captained his country to their first World Cup title in 2010 as well as consecutive European Championships, in 2008 and 2012. The 36-year-old broke through into the Real first…

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