FAP824: Tea scholarship, Amazon textbooks, international financial aid

June 24, 2008 @ Financial Aid Podcast Daily Free Internet Radio On Demand from financialaidpodcast@gmail.com (Christopher S. Penn )

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FAP824: Tea scholarship, Amazon textbooks, international financial aid

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Student Financial Aid News
+ Inside Higher Ed: The Subprime Solution: How Today’s Global Financial Crisis Happened, and What to Do About It is a promising title for Princeton University Press. The topic couldn’t be more timely and the author is Robert Shiller, a Yale University economist who has managed with works such as Irrational Exuberance to attract big audiences for complicated topics.
+ The Princeton press is planning something new for the release: Two weeks before print publication the book will be available as a Kindle e-book. Kindle is Amazon.com’s portable reader that allows for downloading of complete books. Launched in November, and already attracting attention (and competition from other companies planning their versions), Kindle has been hailed as potentially opening up a new kind of reading experience. Of course, plenty of people have heard earlier such claims, but Kindle’s Amazon backing has given it a market that is attractive to many publishers — including university presses.
+ By the beginning of the fall, Princeton plans to have several hundred books available for sale through Kindle. Yale University Press and Oxford University Press already have a similar presence there. The University of California Press recently had about 40 of its volumes placed on Kindle and is ramping up.
+ Readers would save some on Kindle books, but at least now modestly, and only after recouping the costs of the reader (currently at $359). The Kindle version of an Oxford book called Punishment and Democracy: Three Strikes and You’re Out in California sells for $21.96, compared to $24.40 for the paperback through Amazon. The latter also takes two to four weeks to ship and requires shipping fees. A Yale book, Churchill’s Promised Land: Zionism and Statecraft, is available for $25.20 via Kindle and $28 plus shipping in hardcover.
+ NASFAA: “Need a student loan? Then your local credit union wants you,” the Central Penn Business Journal reports. “The current money crunch and rising college costs aren’t stopping area credit unions from promoting student loans. One reason is to attract new members and keep the ones they have. Belco and other area credit unions have picked up borrowers since the Pennsylvania Higher Education Assistance Agency (PHEAA) suspended its major loan programs in February. Belco wants to spread the word to college admission counselors that loans are available.”

Scholarship Update
+ TeaUSA Calm-A-Sutra Tea Scholarship
+ $20,000 scholarship
+ Create a 2 minute video about the health benefits of drinking tea
+ Deadline August 6, 2008
+ Submit via YouTube
+ US Citizen or eligible non-citizen
+ Details at our free college scholarship search site

Mail Bag
+ Mercy writes in: I need help finding a private student loan Christopher. I have been accepted to a school in Sweden (University of Gothenburg) for graduate school. Unfortunately, the university is not one of the eligible schools listed on the FASA web site. I have also tried getting private loans, but they want the school to be affiliated with a university in the US. Are there any private loans that do not have this particular requirement? How can I find a loan in the US that would help with my college education just for being a student anywhere in the world without too many restrictions?
+ You’ll want to check out InternationalStudentLoan.com
+ International student loans are typically private student loans
+ James writes in: Hi Chris. Love your podcasts! I’m trying to narrow down my list of lenders. I’m interested in Student Loan Network’s private student loan product. Which credit agency do they pull from (Exp, Eq, TU)? I’m in MA. I’m looking for TU pullers. Which lending companies pull TU?
+ I believe we use Experian; I don’t think there’s a list anywhere that I know of for which lenders use which bureaus. Some use all three.
+ Sarah writes in: I am 55 yrs in need of financial aid towards my small school for the ophans in uganda wht can i do.? i need your assistnce and information about that.
+ Check out Guidestar

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