Student Financial Aid News
+ Americans are increasingly reaching for plastic when making small purchases at convenience stores, coffee shops, and subway stations, according to a survey released yesterday.
+ The survey — conducted jointly by market researcher Ipsos Insight and small payments tech firm Peppercoin Inc. — found that more than 67 million Americans have paid for purchases of less than $5 using a credit or debit card during the past 30 days.
+ Affiliated Computer Services Inc., a Dallas-based student loan processor, forced its chief executive and finance chief to resign after it was discovered they had backdated stock options to increase their value.
+ Today is the first National Methamphetamine Awareness Day, a brainchild of the Justice Department designed to further increase awareness of the drug’s toxic effects through events across the states, including some on campuses.
+ Pew Research indicates that podcasting is still a niche phenomenon. Well, duh! Podcasting today is where blogging was around 1999. Blogs had a major impact in the 2006 elections - 7 years after they started their climb upwards.
+ From NASFAA: “Students who graduate from high school in Wythe and Bland counties will be able to go to their local community college tuition-free under a program being finalized by the school and a charitable foundation,” The Roanoke Times reports. “The free tuition program would begin next fall. …The program envisioned by the Wythe-Bland Community Foundation would be the first of its kind in the state, according to the Virginia Community College System.”
+ The Department of Education has published the 2007-2008 EFC Formula Guide. It’s 35 pages of fun that will give you a headache or put you to sleep unless you really enjoy financial aid as a hobby. I’ll be reading it later today.
+ Check out our FAFSA resource site, FAFSAonline.com

Scholarship Update
+ Public relations scholarships for undergraduate and graduate students
+ $20,000 or more from the Public Relations Student Society of America
+ Variable deadlines
+ Detailed information at our free student scholarship search site
+ Search Term: “graduate student” scholarship “public relations” health

Mail Bag
+ Monte Ladner writes in: I met you at podcamp Boston. I do the Fitness Rocks Podcast. I have been thinking about going back to graduate school to get a Masters Degree in Health Communications. It is very expensive, and I already have two sons in college and a daughter who will be starting soon. What, if any, financial aid options do you know of that might be available for me?
+ Do your FAFSA form online!
+ Graduate Stafford Loan
+ Graduate PLUS Loan
+ Graduate Private Student Loan
+ Normally you’d call 800-926-2716 for the GradLoans.com Private Student Loan desk
+ No one was answering this morning, so I called our Act Education Loans Private Student Loan Desk at 866-229-8900 instead.

Podsafe Music
+ Twisted Sister, Oh Come All Ye Faithful
+ Music via the Podsafe Music Network
+ Stop by our MySpace page!

Reminders
+ Private student loans available at any time - visit AlternativeStudentLoan.com
+ Stafford federal student loans at StaffordLoan.com
+ Student loan consolidation at StudentLoanConsolidator.com
+ FAFSA form online filing at FAFSAonline.com
+ Financial Aid Podcast Show Notes at FinancialAidPodcast.com.
+ The Financial Aid Podcast is a publication of the Student Loan Network.

Questions? Comments? Suggestions? Email me at financialaidpodcast {at} gmail {dot} com, visit http://www.FinancialAidPodcast.com, or call 877-328-1565 x529 or 206-350-1208. AIM: FinAidPodcast Add me to your iTunes by visiting http://www.FinancialAidPodcast.com/itunes/

Direct MP3 file download: MP3 file

Technorati Tags: financial aid financialaidpodcast

Congratulations to CC Chapman for 200 episodes of Accident Hash!

Get other versions of this file:

• High quality video
• iPod video�

• Act Student Loans
• College Loans - Act Education Loans
• Graduate Loans - - Act Education Loans
• Act Education Loans - Student Loan Programs

John J. Penn, 91, devoted husband, father, grandfather and brother, passed away peacefully in the presence of his family on November 27, 2006, in Burlington, VT. Formerly of Darien, CT, John was a resident of South Burlington, VT.

He was born in Lamar, Missouri on October 22, 1915 to Henry Penn and Ettie (Brandt) Penn. He grew up in Chicago, and graduated from the Armour Institute, now the Illinois Institute of Technology, in 1937, with a degree in Mechanical Engineering. After initially working for the Crane Company, he joined what was to become the Diamond International Corporation, where he worked for 33 years. After an accomplished engineering and business career, he retired in 1983 as Vice President, Manufacturing, working from Diamond’s Corporate Headquarters in New York City, NY.

John combined his professional career and strong sense of civic duty with his many passions. He served as an elected Town Representative in Darien, CT for over 20 years. He served on the boards of the Greenwich Square Dance Club and the Darien Dance Club. He was an active member of the Darien Men’s Club, and of both the Noroton Presbyterian Church and St. John’s Catholic Church of Darien. While pursuing dancing as his top passion, he challenged himself with boating and bowling as well. In his retirement, he enjoyed traveling and spending time with his family, most especially with his wife, children, twelve grandchildren and six great-grandchildren.

John was predeceased by his parents and by Louise (Roseen) Penn, his wife of 39 years. He is survived by his wife of 24 years, Doris M. (Dashnaw-Daly) Penn of S. Burlington, VT; two brothers and their wives: Claude and Marjorie Penn of Waverly, OH, and William and Janet Penn of Eureka Springs, AR; two children and their spouses: John E. and Barbara Penn of Annandale, NJ, and Courtney Ann (Penn) and Marvin Reed of Germantown, TN; and three direct grandchildren and their spouses: Christopher and Jackie Penn of Framingham, MA; Steven Penn of Everett, WA, and Derrick and Mary Reed of Cleveland, TN. Through marriage John is also survived by three children and respective grandchildren: Dawn Davis of Carthage, NY with Kevin, Austin and Sarah; Nancy Daly of San Diego, CA with Rebecca, Amanda and Luke; and Terry and Theresa Daly of S. Burlington, VT with Patrick, Kelley and Mike.

The family is grateful for the loving care provided to John in his final weeks and days by Dr. Dennis Beatty, and by the staffs of Pillsbury Manor North and Starr Farm Nursing Home.

A Mass of Christian Burial will be celebrated on Saturday, December 2, 2006, at 11a.m. in St. John Vianney Roman Catholic Church in So. Burlington, VT. A separate memorial service will be held in St. John’s Roman Catholic Church in Darien, CT, followed by interment at the Noroton Presbyterian Church in Darien, CT. The timing of these services will be announced at a later date. There will be no public calling hours. In lieu of flowers, friends wishing to offer memorial donations are requested to do so in John’s name to a charity of their choice.

Have you heard about PodCamp Nano? Neither had I until the ride home yesterday, staring at my iPod while stuck in traffic. That 60 GB 5G iPod sure is nice, but sometimes you want something smaller and lighter for running or whatever.

I think the same is true for conferences, so I’m tossing an idea out here. PodCamp Nano, with the 2-2-2 rule.

+ 2 hours
+ 2 sessions
+ 2 drinks

and you’re done. Essentially a meetup, but with defined sessions like a full-size PodCamp. Because it’s a small and light affair, you won’t need much in the way of sponsorships beyond a place to gather and maybe someone to buy drinks.

Same rules apply as PodCamp - no mega-commercial pitches, no charge to attend, everything licensed under Creative Commons.

PodCamp Nano. We’ll see how that works out. (yes, I just bought PodCampNano.com and PodCampNano.org)

Student Financial Aid News
+ Boston-based student lender First Marblehead Corp. disclosed that will receive $89 million of “upfront structural advisory fees,” as part of a $1.025 billion securitization of private loans.
+ About 93% of the loans to be securitized were be made directly to consumers; the remaining portion were originated through schools. First Marblehead [ticker: FMB] has a market capitalization of about $897 million.
+ Disclosure: First Marblehead powers our Act Education Loans at ActEducationLoans.com and private student loans at AlternativeStudentLoan.com
+ ASU is opening wide its doors to low-income Arizonans, announcing the “Sun Devil Promise” to provide full funding to all Arizona freshmen from families with incomes under $25,000. The new program will pay for tuition, fees, books, room and board, about $13,000 a year.
+ Forty-seven percent of Arizona children live in low-income homes, and about one-quarter are in households with incomes less than $25,000. ASU is among the first universities in the nation to offer this type of assistance.
+ Two years ago, ASU launched the ASU Advantage program to cover the full cost for students whose family income is at or below the federal poverty level of $18,850. More than 600 students have entered ASU under the program. The Sun Devil Promise is expected to make a university education accessible to hundreds more qualified low-income students.
+ College officials and tax experts said they were taken by surprise by the Internal Revenue Service’s announcement this month that one of its focuses for the 2007 fiscal year would be a new project examining how colleges and universities account for “unrelated business income” — revenue they take in from activities that are not deemed to be connected to their underlying educational mission, and that are therefore taxable. The announcement was included in an annual letter the IRS’s Exempt Organizations division releases with its guidelines for the coming year.
+ A new report released Monday from the National Conference of State Legislatures sounds the alarm: For every 100 ninth graders, only 18 will enter college and finish within six years.
+ The report lays much of the blame at the ballooning price of a bachelor’s degree, which is more than double the rate of inflation. For example, over the past five years, average tuition has climbed 35 percent, adjusted for inflation, at four-year public colleges, according to the College Board in New York. Inflation rose 13.8 percent over the same period.

Scholarship Update
+ Arizona State University Sun Devil Promise - ASU Advantage
+ Eligibility:
+ Arizona Resident.
+ Admission to ASU as a degree-seeking freshman beginning the fall semester (pursing first undergraduate degree).
+ Demonstration of total family income of $25,000 or less on the FAFSA for eligible students entering fall 2007.
+ Enter ASU beginning the fall semester immediately after Arizona high school graduation.
+ Native American high school seniors that meet the Arizona residency criteria for tuition purposes at ASU are eligible.
+ Full-time enrollment.
+ Program participation extends for eight full-time, consecutive semesters.
+ Details at our free scholarship web site

A Quick Personal Note
+ John Jacob Penn, 1915-2006
+ Man, do those little sailboats hurt.

Podsafe Music
+ David Spak, Amazing Grace
+ Music via the Podsafe Music Network
+ Stop by our MySpace page!

Reminders
+ Private student loans available at any time - visit AlternativeStudentLoan.com
+ Stafford federal student loans at StaffordLoan.com
+ Student loan consolidation at StudentLoanConsolidator.com
+ FAFSA form online filing at FAFSAonline.com
+ Financial Aid Podcast Show Notes at FinancialAidPodcast.com.
+ My personal blog
+ The Financial Aid Podcast is a publication of the Student Loan Network.

Questions? Comments? Suggestions? Email me at financialaidpodcast {at} gmail {dot} com, visit http://www.FinancialAidPodcast.com, or call 877-328-1565 x529 or 206-350-1208. AIM: FinAidPodcast Add me to your iTunes by visiting http://www.FinancialAidPodcast.com/subscribe/

Direct MP3 file download: MP3 file

Technorati Tags: financial aid financialaidpodcast

Student Financial Aid News
+ Student lender Nelnet Inc. has approved a bonus plan for its top two executives that will pay them $500,000 each for every $1 per share the company earns in 2007, according to SEC filings last week.
+ Investors were uneasy after news that Wal-Mart, the world’s largest retailer, suffered a 0.1 percent drop in same-store sales, those from stores open at least a year. Same-store sales are the industry standard for assessing a retailer’s strength, and while retail sales overall were strong last weekend, Wal-Mart’s deficit raised concerns about the strength of consumer spending during the holiday season.
+ Rates of foreclosures on houses in Massachusetts have tripled since the spring, according to Roger Stanford, an attorney in New Bedford
+ If you’ve graduated recently and are contemplating purchase of real estate in any of the formerly hot markets like Phoenix, Florida, Massachusetts, California, or pretty much anywhere there’s an interstate, the lesson so far is clear - wait. Wait, wait, wait. A lot of people bought houses with unsustainable mortgage plans that will +need+ to sell in the next 2 years, if not sooner. As those properties go on the market, they’ll be priced affordably - but you have to be patient and wait it out. Some less ethical realtors will try any tactic to get you to impulse buy, but don’t believe the hype - the market has a long way to fall, and opportunities in 2007 and 2008 will be much better and more affordable than anything on the market today
+ One realtor’s ad: buy now before interest rates start going up!
+ Math quiz: what’s a better deal - $300K @ 6% or $200K @ 8%
+ $1800/month vs $1500/month - the math is pretty obvious
+ Time is on your side!
+ Student loan consolidation at StudentLoanConsolidator.com
+ Grace periods save an additional 0.6%
+ $20K @ 6.54% vs. $20K at 7.14%
+ $151/month vs $158/month
+ In lighter news, Dennis West, a professor of film and Spanish at the University of Idaho, asks students to sign a memo of understanding that they may be shown offensive material in class

Scholarship Update
+ National Security Agency (NSA) Analysis Training Program
+ Full tuition scholarship
+ Year-round salary
+ Job after graduation
+ Must be a major in:
+ Computer Science
+ Computer/Electrical Engineering
+ Foreign Language (Arabic, Korean, Chinese, Farsi, and others)
+ International Relations/Affairs/Cultures/Trade/Finance/Economics
+ Geography
+ Anthropology
+ Political Science (with an international focus)
+ And be going to:
+ California State University at Long Beach
+ Clark Atlanta University
+ Morehouse College
+ Spelman College
+ University of Florida, Gainesville
+ University of Maryland at College Park
+ Deadline November 30, 2006
+ Details at our free scholarship search site

News You Can Use
+ What to do if your stuff gets stolen
+ What to do beforehand - get insurance
+ Save your documents! Take photos and video!
+ Buy a decent, locking fire safe for valuable stuff
+ Make it inconvenient for robbers to take your stuff
+ ACV vs. RCC - which insurance is better?
+ Riders for some stuff like art, jewelry, etc.
+ Deductibles matter
+ After a robbery - you don’t want to stick around
+ Touch as little as possible
+ Call the police from outside your place
+ Once the police are done, start filing your insurance claims

Podsafe Music
+ Adhan from Masjid Al Haram
+ Not sure which version this is - if you’re Muslim, please let me know!
+ Stop by our MySpace page!

Reminders
+ Private student loans available at any time - visit AlternativeStudentLoan.com
+ Stafford federal student loans at StaffordLoan.com
+ Student loan consolidation at StudentLoanConsolidator.com
+ FAFSA form online filing at FAFSAonline.com
+ Financial Aid Podcast Show Notes at FinancialAidPodcast.com.
+ My personal blog
+ The Financial Aid Podcast is a publication of the Student Loan Network.

Questions? Comments? Suggestions? Email me at financialaidpodcast {at} gmail {dot} com, visit http://www.FinancialAidPodcast.com, or call 877-328-1565 x529 or 206-350-1208. AIM: FinAidPodcast Add me to your iTunes by visiting http://www.FinancialAidPodcast.com/subscribe/

Direct MP3 file download: MP3 file

Technorati Tags: financial aid financialaidpodcast

• Financial Aid Podcast Daily Internet Radio » Financial Aid Podcast #411: Your personal financial health checkup
• » Scholarship Search Secrets eBook Third Edition released for free! Financial Aid Podcast Daily Internet Radio
• Graduate Student Loans - Introduction - Student Loan Network
• Student Loans - Introduction - Student Loan Network
• Financial Aid Podcast Daily Internet Radio » Sociable 1.2 released with Facebook support

If you’re a Wordpress user and you love Peter Harkin’s Sociable plugin, and you love Facebook too, you’ll love Sociable 1.2 with Facebook support. Sociable will add the official Facebook chicklet and URL support to the control panel so you can have Facebook goodness on every Wordpress post. Enjoy!

Note: officially, this qualifies as a fork of Sociable.

Download it here: Sociable 1.2 Facebook ZIP file

p.s. if you use it and like it, please toss a link back to my site. Thanks!

The Third Edition of our free Scholarship Search Secrets eBook is now available, completely and totally free of charge. It’s 19 pages on how to use Google, RSS, and other Internet tools to locate scholarships, grants, and other ways of paying for college.

You can get it here:

http://www.StudentScholarshipSearch.com/Scholarships.pdf

If you like it, if it’s useful, please give me feedback by emailing me at financialaidpodcast at gmail dot com or leaving me a voicemail at 206-350-1208. Even better, if it’s REALLY good, please tell a friend or two about it and my podcast!

Update: Version 3.01 now contains copyright information and our Creative Commons License, which is CC 2.5, By Attribution, Non-Commercial, No Derivative Works. Explicit permission is granted to any college or university that wants to distribute this electronically or on paper to their students as long as the guide remains intact and unchanged.

Update: Digg this story by clicking here!