Do Current Changes to the Federal Financial Aid and Loans Program Affect You?

List: Posted: 12/10/10

The world of college financing is changing for the better. Federal student aid amounts are getting much higher, and more students will be able to take advantage of them. When working out college financing, students will get more money in their Pell Grants and more help paying back their loans after graduation.

Starting July 2010, all new federal student loans, such as Pell Grants, are made through a system called the Direct Loan Program. Now when worrying about college financing, parents can rest a little easier. Rather than borrowing money from banks with high rates, students borrow it from the Department of Education.

You can see how much college financing is changing just by looking at the numbers. The maximum amount of Pell Grants is increasing to over five-thousand dollars.

In the world of college financing, the income-based repayment plan has improved, as well. Now student loan repayment after graduation will be based on income and the size of family.  With more students and parents worried about college financing, the good news is that this income-based repayment program will get even better in 2014. Are you ready for more good college financing news? As of the first of July, new subsidized loan interest rates decreased to less than five percent.

Now college financing will be much less of a burden on families who cannot pay for school out of pocket. With college financing changing, more students will have the ability to exercise their potential and make college dreams a reality!

College And University Financial Aid

    We have "EXCITING" news!!! Because of our ongoing committment to support minority college sutdents, Therpcard.com has partnered with HBCU Connect, the largest HBCU Online Historically Black College and Universities Community ! HBCU Connect, Daniel Moss and students, Welcome to therpcard.com !!!! ~~ R. Michael President, CEO The idea surrounding the creation of a foundation dedicated to the educational pursuits of college bound students came about in June 2008. "The passion that fueled the formation of this foundation emanated from the desire of VIP's and members "giving back" to their respective communities through contributions to their preferred causes. We are so very pleased to have our friends, business associates, and celebrities alike involved in this foundation." ~~ Angela and R. Michael Newsome The RPCard Foundation was established in Loudoun County Virginia in May 2009. From its humble beginnings, The Foundation is steeped in the belief that our future generation of students are our promise for tomorrow. Through project based events,The Foundation will partner with organizations and charities to bring awareness to the educational needs of minority students nationwide, and to contribute to institutions of higher learning through fundraising events and activities. As an education driven sponsor seeking sponsors, the foundation will partner with individuals and organizations that support it's values, mission, and goals. RPCard Foundation's Mission & Goals: The mission of the RPCard Foundation Partners is to support the educational pursuits of minority students through scholastic scholarship. Our goal is to establish partnerships with existing charities, foundations, and individuals to offer educational support to worthy minority students. Announcement to Antonio's fans and friends..... The RPCARD Foundation is honoring Antonio Fargas, an Artist, Actor and Humanitaria, with an Honarary Lifetime Membership celebrating 49 years in the "game of life". March, 2007, Antonio Fargas was nominated for the NAACP Image Award for "Outstanding Supporting Actor in a Comedy Series" for his work on "Everybody Hates Chris". Antonio has filmed 11 episodes of the CW network sit-com. Great news! Antonio Fargas will be the Honorary Host of our Celebrity Fundraiser to be held on October 17, 2009. Hollywood is coming to Virginia! A fundraiser for minority college students. Antonio Fargas The RPCard Foundation partner and actor Antonio Fargas is on a mission to support minority college students. The effect of the economic downturn is hurting our Minority Students. The RPCard Foundation, partnering with Hollywood Actor, Antonio Fargas - a.k.a., Huggy Bear from 'Starsky and Hutch' - wants to do something to help.

    • Leesburg, VA 20175
    • (800) 557-9142

      Student Loan Consolidation

      • Ashburn, VA 20147
      • (703) 901-4070

        The George Washington University has been conducting innovative research in engineering, physics, and chemistry, while providing outstanding graduate education at its Virginia Science and Technology Campus in Loudoun County since 1991.

        • 20101 Academic Way
        • Ashburn, VA 20147
        • (703) 726-8200
        • 21715 Filigree Ct
        • Ashburn, VA 20147
        • (571) 223-0131

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