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September 13, 2012

U.S. Sen. Sherrod Brown of Ohio Asks Higher One to Improve University Banking Deals

Many universities have contracts with banking institutions to handle financial aid disbursements or to link students’ school IDs to debit accounts. Some, like the U.S. Public Interest Research Group, have criticized these contracts for duping students into ominous banking relationships riddled with fees. Universities defend the deals, saying they make financial transactions easier for both [...]

August 17, 2012

See What Kind of Banking Deal Your University Has

University's often partner with banks to link student ID cards to bank accounts, or the handle financial aid disbursements.

Earlier this month, Higher One agreed to make restitution of $11 million to college students for overcharging them in debit card fees and other ways. According to the Federal Deposit Insurance Corp., which regulates such banking agreements, Higher One also has to pay a $110,000 civil fine and must change the way it imposes fees on [...]

March 15, 2012

Wealthy, Suburban High School Boasts Most Financial Aid Applications in Ohio to Date

Students at William Mason High School, an A-rated high school in a Cincinnati suburb the school district describes as a “destination for upper-middle class, college-educated professionals,” have completed the most applications for federal financial aid of any high school in the state. Roughly half of their seniors completed a Free Application for Federal Student Aid, or FAFSA. In fact, looking at the [...]

February 8, 2012

Good Grades in Akron Could Lead to Free College Tuition

Graduate from high school, get accepted to a local college and we’ll help you pay for it: Mario Tama / Getty Images It’s a deal that a growing number of communities, from Oberlin to Pittsburgh, have been making with students. Now add Akron to that list. The University of Akron and the Akron school district [...]

September 19, 2011

Parents Expect Girls to Go Farther in Schools Than Boys

Christopher Furlong / Getty Images About 22 percent of ninth-graders’ parents expected their daughters to complete a master’s degree, and an additional 25 percent expected their daughters to complete a Ph.D., law, or other professional degree. What about  sons? Approximately 17 percent of ninth-graders’ parents expected their sons to complete a master’s degree, and an [...]

July 29, 2011

Financial Aid Funding For Ohio Students a Roadblock in Debt Limit Talks

Federal student aid funding has been one of the roadblocks to reaching a deal on raising the federal debt limit, our partners at StateImpact Florida point out. U.S. House Republicans have balked at a plan to raise the federal debt limit in part because legislation crafted by House Speaker John Boehner (R-Ohio) to raise the [...]

How a Debt Ceiling Default Could Effect Education Spending

What happens to students and educations, to federal student aid and university research funding, if Congress doesn’t in fact reach a debt ceiling deal? If the limit is reached and the U.S. Treasury decides to move bill payments for federal financial aid programs down its priority list, Inside Higher Ed reports that the impact on [...]

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