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    <title>Financial Services</title>
    <link>http://blogs.oc.edu/ee/index.php?/finserv/index</link>
    <description></description>
    <dc:language>en</dc:language>
    <dc:creator>clint.larue@oc.edu</dc:creator>
    <dc:rights>Copyright 2013</dc:rights>
    <dc:date>2013-06-07T13:14:19+00:00</dc:date>
    <admin:generatorAgent rdf:resource="http://www.pmachine.com/" />
    

    <item>
      <title>College Savings Guide</title>
      <link>http://blogs.oc.edu/finserv/college_savings_guide/</link>
      <description></description>
      <dc:subject>College Savings</dc:subject>
      <content:encoded><![CDATA[<p>Published by OnlineColleges.net, Celine James writes a brief yet descriptive article entitled, &#8220;<i>The 411 on 529 and Other College Savings Plans</i>.&#8221;&nbsp;  Her article details the pro&#8217;s and con&#8217;s of various college savings options..</p>

<p>&#8220;The 529 plans are great options, but when researching something as important as financing the education of you or a loved one, it&#8217;s important to know what&#8217;s available to you. Just as no single college is right for everyone, no single college savings plan is perfect for everyone&#8217;s financial situation.&#8221; Visit <a href="http://www.onlinecolleges.net/2013/04/18/the-411-on-529-and-other-college-savings-plans/" title="www.onlinecolleges.net">www.onlinecolleges.net</a> to read the full article.
</p>]]></content:encoded>
      <dc:date>2013-06-07T12:14:19+00:00</dc:date>
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    <item>
      <title>Education Will Change the World Scholarships</title>
      <link>http://blogs.oc.edu/finserv/education_will_change_the_world_scholarships/</link>
      <description></description>
      <dc:subject>Outside Scholarships</dc:subject>
      <content:encoded><![CDATA[<p>Tutorespres.com would like college and/or soon to be college students to tell them what you&#8217;re studying (or planning to study) and how it will change the world. The best essay in each of 7 categories wins $200, and the grand prize winner gets $1500!</p>

<p>Entries may be submitted anytime between May 1, 2013 and November 30, 2013. Winners will be announced by December 15, 2013.</p>

<p>Visit <a href="http://www.tutorspree.com/scholarships" title="http://www.tutorspree.com/scholarships">http://www.tutorspree.com/scholarships</a> to learn more.
</p>]]></content:encoded>
      <dc:date>2013-06-06T20:24:57+00:00</dc:date>
    </item>

    <item>
      <title>The Aspiring Police Officer Scholarship</title>
      <link>http://blogs.oc.edu/finserv/the_aspiring_police_officer_scholarship/</link>
      <description></description>
      <dc:subject>Outside Scholarships</dc:subject>
      <content:encoded><![CDATA[<p>The Aspiring Police Officer Scholarship scholarship is open to anyone over the age of 17 who is or will be attending an accredited college or university in the next twelve months and is pursuing a career in law enforcement. </p>

<p>The selection of the winner will be made by a committee who will not see the entrants identifying information.&nbsp; The committee will only have the 200 word response to the prompt: &#8220;Why do you want to go into law enforcement?&#8221;</p>

<p>To learn more and/or apply, visit <a href="http://police-officer-training.com/scholarship/" title="http://police-officer-training.com/scholarship/">http://police-officer-training.com/scholarship/</a>.</p>

<p>
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      <dc:date>2013-06-06T20:23:53+00:00</dc:date>
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    <item>
      <title>$1000 Language Learning Scholarship Contest</title>
      <link>http://blogs.oc.edu/finserv/1000_language_learning_scholarship_contest/</link>
      <description></description>
      <dc:subject>Outside Scholarships</dc:subject>
      <content:encoded><![CDATA[<p>Applicants are asked to select between one of two topics, then write a responsive essay, 500 word minimum and 1000 word maximum. </p>

<p>Submit your essay by July 31st before 5 p.m. EST. Contestants will be evaluated on the quality and clarity of the ideas presented in their essay.</p>

<p>Visit <a href="http://www.pimsleurapproach.com/language-learning-scholarship/" title="http://www.pimsleurapproach.com/language-learning-scholarship/">http://www.pimsleurapproach.com/language-learning-scholarship/</a> for more information.
</p>]]></content:encoded>
      <dc:date>2013-06-06T20:19:02+00:00</dc:date>
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    <item>
      <title>$2500 Scholarship from Offers.com</title>
      <link>http://blogs.oc.edu/finserv/2500_scholarship_from_offers.com/</link>
      <description></description>
      <dc:subject>Outside Scholarships</dc:subject>
      <content:encoded><![CDATA[<p>#1  Offers.com, is offering a $2,500 scholarship for any student attending school at an accredited 2-year or 4-year college or university in the United States.</p>

<p>The scholarship contest ends December 15, 2013.&nbsp; Essays will be judged by our staff on creativity, quality, originality, specificity, and grammar.</p>

<p>Visit <a href="http://www.offers.com/scholarship/" title="http://www.offers.com/">http://www.offers.com/</a>scholarship/ for more information.
</p>]]></content:encoded>
      <dc:date>2013-06-06T19:15:35+00:00</dc:date>
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    <item>
      <title>What Sallie Mae&#8217;s Split Says About Student Loans</title>
      <link>http://blogs.oc.edu/finserv/what_sallie_maes_split_says_about_student_loans/</link>
      <description></description>
      <dc:subject>Loans</dc:subject>
      <content:encoded><![CDATA[<p>Sallie Mae on Wednesday announced that it &#8220;will split its growing, private student loan business from its shrinking government-backed loan servicing business,&#8221; <a href="http://www.forbes.com/sites/halahtouryalai/2013/05/29/what-sallie-maes-split-says-about-student-loans/" title="Forbes reports">Forbes reports</a>. &#8220;Here&#8217;s how it will work: One of the new entities will handle portfolio management, servicing and collection of student loans. This entity, yet to be named, will own 95% of Sallie Mae&#8217;s assets, including about $118.1 billion in FFELP loans (Federal Family Education Loan Program.) The second entity will handle all the private loan origination and servicing businesses including Sallie Mae Bank and the private education loans it currently holds. Right now the bank has about $9.9 billion in assets&#8211;a drop in the bucket compared to the size of the other company. ... In other words, Sallie Mae expects the private student loan segment to keep booming. And why not? As the company states in its annual report, tuition and fees at four-year public institutions and four-year private institutions have increased at a compound annual growth rate of 7.8% and 4.9 %, respectively, since AY 2002-2003. The consumer price index experienced 2.4 % compound annual growth rate for the same period. College enrollment increased by approximately 15% from 2007 through 2010 and enrollment is projected to increase 13% from 2011 to 2021.&#8221;
</p>]]></content:encoded>
      <dc:date>2013-05-31T12:10:17+00:00</dc:date>
    </item>

    <item>
      <title>$1000 Scholarships from CustomMade.com</title>
      <link>http://blogs.oc.edu/finserv/1000_scholarships_from_custommade.com/</link>
      <description></description>
      <dc:subject>Outside Scholarships</dc:subject>
      <content:encoded><![CDATA[<p>CustomMade is an online matchmaker connecting Buyers who want one-of-a-kind creations with nearly 10,000 professional and passionate Makers. </p>

<p>They are offering two $1000 scholarships with a deadline of December 15, 2013.</p>

<p>To apply and to learn more information, use the following links:</p>

<p>Custom Furniture Scholarship<br />
<a href="http://www.custommade.com/scholarships/consumer-advantages-of-buying-custom-furniture-scholarship/" title="http://www.custommade.com/scholarships/consumer-advantages-of-buying-custom-furniture-scholarship/">http://www.custommade.com/scholarships/consumer-advantages-of-buying-custom-furniture-scholarship/</a></p>

<p>Custom Jewelry Scholarship<br />
<a href="http://www.custommade.com/scholarships/consumer-advantages-of-buying-custom-jewelry-scholarship/" title="http://www.custommade.com/scholarships/consumer-advantages-of-buying-custom-jewelry-scholarship/">http://www.custommade.com/scholarships/consumer-advantages-of-buying-custom-jewelry-scholarship/</a>
</p>]]></content:encoded>
      <dc:date>2013-05-14T20:37:47+00:00</dc:date>
    </item>

    <item>
      <title>$1000 Homeinsurance.com Scholarship</title>
      <link>http://blogs.oc.edu/finserv/1000_homeinsurance.com_scholarship/</link>
      <description></description>
      <dc:subject>Outside Scholarships</dc:subject>
      <content:encoded><![CDATA[<p>Visit <a href="http://homeinsurance.com/home-insurance-scholarship.html" title="http://homeinsurance.com/home-insurance-scholarship.html ">http://homeinsurance.com/home-insurance-scholarship.html </a>to apply for a $1000 scholarship.</p>

<p>Applicants are given the choice between two essay topics.</p>

<p>The deadline is June 1, 2013, so apply quickly!
</p>]]></content:encoded>
      <dc:date>2013-05-14T20:31:41+00:00</dc:date>
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    <item>
      <title>2014&#45;15 FAFSA Will Require Information On Legal Parents Who Live Together</title>
      <link>http://blogs.oc.edu/finserv/2014-15_fafsa_will_require_information_on_legal_parents_who_live_together/</link>
      <description></description>
      <dc:subject>General Information</dc:subject>
      <content:encoded><![CDATA[<p><b>2014-15 FAFSA Will Require Information On Legal Parents Who Live Together, Regardless Of Marital Status Or Gender</b></p>

<p>In a move toward greater equity and accuracy, the Department of Education (ED) has announced a major change to the 2014-15 Free Application for Federal Student Aid (FAFSA).</p>

<p>Parents&#8217; marital status will no longer dictate whose information a dependent student must include on the FAFSA, Secretary of Education Arne Duncan announced Monday during an invitation-only media call with NASFAA President Justin Draeger. Information from both parents will be required on the FAFSA, regardless of parents&#8217; gender or marital status, if:</p>

<p>1. Both parents are legal parents, defined as biological or adoptive parents; and</p>

<p>2. The student&#8217;s legal parents live together.</p>

<p>Because unmarried parents may be of the opposite sex or of the same sex, when the response to the parents&#8217; marital status question is &#8220;unmarried and both parents living together,&#8221; follow-up FAFSA questions will refer to the parents as &#8220;Parent 1 (father/mother)&#8221; and &#8220;Parent 2 (father/mother)&#8221; or simply &#8220;parents.&#8221;&nbsp;  This is a shift from the gender-specific &#8220;mother&#8221; and &#8220;father&#8221; options currently available.</p>

<p>&#8220;This will result in fairer treatment of all families by eliminating long-standing inequities based on parents&#8217; relationship with each other, instead of their relationship with their child,&#8221; Duncan said during the call.</p>

<p>Independent students are not affected by this change, unless they, for non-federal student aid purposes, choose to provide parental information on their FAFSA.</p>

<p>ED has informed NASFAA that this guidance does not affect the definition of an eligible borrower in the PLUS program. Under 685.200(c)(2), an eligible parent borrower is a student&#8217;s biological or adoptive mother or father or the student&#8217;s stepparent, if the biological parent or adoptive mother or father has remarried at the time of application.</p>

<p>NASFAA&#8217;s Draeger hailed the change as a positive step for both the simplicity and integrity of the federal aid process. Draeger noted that by more accurately capturing what families headed by two unmarried parents can pay&#8212;or by two parents whose marriage is not recognized under the federal Defense of Marriage Act&#8212; we continue to emphasize that the primary responsibility to pay for college rests first with the family. At many schools that use Institutional Methodology (IM), this practice has already been adopted, he added.&nbsp; </p>

<p>&#8220;As stewards of federal funds and as student advocates who work daily with over 15 million student aid recipients, financial aid administrators have been urging our federal system to keep up,&#8221; Draeger said. &#8220;There&#8217;s still more we can do&#8212;particularly for students who are considered dependent even though they are in a same-sex marriage and same-sex parents who have not technically adopted a student even though they are clearly part of a household&#8212;but those changes may require changes to federal law.&#8221;</p>

<p>&#8220;We applaud the U.S. Department of Education for making changes that are within their purview to make this process more simple and equitable for students,&#8221; Draeger added.</p>

<p>GEN-13-12 includes more details about the change, including a reference chart illustrating those family structures that will be impacted and an extensive list of Q&amp;As.</p>

<p>On or about May 1, 2013, ED will publish a draft of the 2014-2015 Free Application for Federal Student Aid (FAFSA) in the Federal Register for public comment. NASFAA will announce the availability of the draft 2014-15 FAFSA in Today&#8217;s News and we encourage you to submit your comments on the FAFSA to ED and send a copy to NASFAA. </p>

<p><i>Publication Date: 4/30/2013</i>
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      <dc:date>2013-04-30T13:18:06+00:00</dc:date>
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    <item>
      <title>$2500 DOMO Scholarship For Business Management</title>
      <link>http://blogs.oc.edu/finserv/2500_domo_scholarship_for_business_management/</link>
      <description></description>
      <dc:subject>Outside Scholarships</dc:subject>
      <content:encoded><![CDATA[<p>For the 2013 academic year, Domo (<a href="http://www.domo.com/" title="www.domo.com">www.domo.com</a>) will provide two scholarships of $2,500 each for college students who are studying business management and who show an interest in analytics.</p>

<p>Deadline: 2013 - 2014 academic school year<br />
General, Business, Business Management, Analytics </p>

<p>Visit <a href="http://www.domo.com/company/scholarship" title="www.domo.com/company/scholarship">www.domo.com/company/scholarship</a> for more information.
</p>]]></content:encoded>
      <dc:date>2013-04-10T18:48:56+00:00</dc:date>
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