apply for student loan
Click a Flag to Translate the page
 |
 |
 |
 |
 |
 |
 |
 |
 |
Federal loan rates face changes
After Saturday, college students at OSU and across the country will no longer be able to secure a federal loan at the current interest rates. Rates on the Stafford and Parent PLUS loans are set to increase by 2 percent, with the rates on Stafford subsidized and unsubsidized loans increasing from a variable of 4.7 percent to a fixed rate of 6.8 percent, and the Parent PLUS loans increasing from a variable rate of 6.1 percent to a fixed 8.25 percent. These loans can be bundled into one consolidation loan and secured at a lower fixed interest rate of 4.7 percent. In order to minimize the number of students repaying loans at higher interest rates, the federal government is allowing students to consolidate their federal loans while they are still in school. Students who are currently enrolled at any accredited institution have the option of applying for a Direct Consolidation Loan from the U.S.
More apply for student loan info
Thwaites faces 139 tax charges
Millionaire Wellington businessman, pub owner and sailor Stewart Thwaites has appeared in court facing more than 100 tax-related charges totalling $1.67 million.
James Stewart Thwaites, who owns the $7 million supermaxi yacht Konica Minolta, was charged by the Inland Revenue Department last month for offences allegedly committed between 2004 and 2006.
He appeared in Wellington District Court yesterday facing 139 tax charges.
Thwaites entered no plea and was remanded on bail to reappear on August 9.
Five companies Thwaites is involved with have also been named in court documents.
Capital Language Academy faces 32 charges of applying tax and student loan deductions to other purposes.
Loaded Hog Ltd Auckland faces 10 charges; Thistle Holdings Ltd has been charged with 33 offences; and Capital Hog Ltd was charged with 13 offences.