Campus CFO

Sallie Mae to Reduce its Interest Rates on Graduate Student Loans

Changes to Sallie Mae's Smart Option Student Loans for graduate degree seekers will go into effect on April 1. From that point on, those who choose this loan option can select either variable or fixed rates with no origination or prepayment penalties. The variable rate range will extend from 2.25% to 7.5%, while the fixed rate range will run from 5.75% to 8.875%.

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Higher Education Finance Is Not a Bubble

Some critics of higher education have started to suggest that, with its affiliated student loan debt, college is becoming a bubble like the housing market several years ago. How accurate is this analysis of the situation? Basically, it’s wrong. This is not a bubble.

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Texas Senate Finance Committee Approves Higher Ed Budget

As part of the budget, the committee also approved a financing plan that will completely change the way community colleges are funded. Under the Senate plan, each school would get a set amount of base funding. Then additional money would be allocated based on two metrics: contact time and student success.

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Louisiana No. 3 in Nation for Higher Ed Cuts, Report Says

While higher education funding is shrinking nationwide, the "State Higher Education Finance Report," published by the State Higher Education Executive Officers, shows the rate of decrease in Louisiana is the third highest in the country despite a sharp increase in tuition revenue.

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Federal Financial Aid Won't Be Cut, Higher Ed Chancellor Says

Although higher education is absorbing about one-third of the $75 million of cuts in the proposed 2013-2014 state budget, Higher Education Policy Commission Chancellor Paul Hill said the commission decided not to make any cuts to financial aid programs for students.

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Four Directors, Chair Appointed to Auburn University Foundation Board

The Auburn University Foundation, which receives all charitable contributions made in support of and to benefit Auburn University and Auburn University at Montgomery, recently appointed four new directors to its board and named a new board chair.

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Ferris State's Woolen Re-Appointed Malcolm Baldrige Examiner

Jim Woolen, head of Ferris State University’s Accountancy, Finance and Information Systems department, has been appointed to the Board of Examiners for the Malcolm Baldrige National Quality Award for the fourth consecutive year.

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Texas Tech Announces Sole Finalist for Presidency

M. Duane Nellis, president at the University of Idaho, is the sole finalist for the Texas Tech University presidency, following a meeting of the Texas Tech System Board of Regents on Friday in Abilene.

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Chief Financial Officer

Logan College of Chiropractic
Chesterfield, Mo.

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