Tag Archive | "Money"

Are States Running Out of College Grant Money? (Education and Your Money)


State budget gaps are limiting funds. What students should know.

The Illinois Student Assistance Commission (ISAC), which administers the state’s Monetary Award Program grant, announced that it was suspending awards for students who haven’t yet submitted the Free Application for Federal Student Aid (FAFSA) for the 2010-11 academic year. In March, Arizona’s legislature announced that funding for two grants – the Postsecondary Education Grant and the Private Postsecondary Student Financial Assistance Program – would not be available for the upcoming academic year. Meanwhile, the California Student Aid Commission, which administers the state’s grant program, is awaiting a decision by Gov. Arnold Schwarzenegger, who is considering cutting back undergraduate students’ state grants.

The common problem: state budget gaps, says Vicki Merkel, president elect of the National Association of State Student Grant and Aid Programs. With many states collecting less in taxes and lottery revenue because of the economic downturn, they have less money available for grant programs. What’s more, a provision in the health-care law eliminated the Federal Family Education Loan Program, which provided revenue to some states.

In addition, more students are applying for state grants, and many eligible students could be left out. In Illinois, where eligible applications for grants are up more than 30%, some 409,000 students are expected to apply for aid, according to calculations made by ISAC. However, about 189,000 submitted requests before the program was suspended, potentially leaving 220,000 students unfunded.  As of Monday, the program ran out of money, says Andrew Davis, ISAC’s executive director, whose working budget was $400 million, the same as 2009. “We certainly would welcome a larger appropriation, but based on the state’s larger financial circumstances, we think it’s highly unlikely,” he says.

In some instances, students who applied for — and were awarded a grant — could end up with a smaller amount. California students, for example, already have been notified if they will receive a Cal Grant. Those awards took into account tuition increases for the upcoming year. So, if the governor decides to lower state grant amounts, so that they don’t reflect tuition hikes, students’ state grant awards will be revised downward, says Diana Fuentes-Michel, executive director of the California Student Aid Commission.

Read more: Are States Running Out of College Grant Money? at SmartMoney.com http://www.smartmoney.com/personal-finance/college-planning/are-states-running-out-of-college-grant-money/?cid=1122&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+smartmoney%2Fheadlines+%28SmartMoney.com%29#ixzz0lmP316J3

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Online Investing, An Easy Way to Earn Money


With the technology of the Internet, you can now earn money with your investment dollars more easily and with more control than ever before. As an investor in today’s modern world you will have more ability to gather information and make decisions without having to rely on the opinions of a broker and will give you greater peace of mind when you do fork out the dollars to invest. View full post on Investing Articles from EzineArticles.com

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Consumers Spending More Money, Selectively


“Self-gifting” among consumers may account for some gains in spending, and there’s pent-up demand for business purchases, but we’re not seeing a broadly rising tide, says David Schmittlein, dean of MIT’s Sloan School of Management. Jonathan Burton reports.


View full post on WSJ.com Video – Personal Finance

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Online Money Business


There are a few honest investment businesses where you can invest your money and get better returns than local banks. Yes, not all online businesses are scams. View full post on Investing Articles from EzineArticles.com

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Testosterone and the Trading Floor (Money and Your Mind)


If men trade more and women trade safer, what’s the lesson for Wall St.?


View full post on SmartMoney.com

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Clever Bettors Make Money Online With Matched Betting


Many clever bettors take advantage of the free bets offered by many online bookmakers. It is a simple concept, that when used properly, will earn you bucks at online betting sites. Most online bookmakers offer up to $200 in free bets for each new user that signs up. View full post on Investing Articles from EzineArticles.com

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Students Investing Money – Impossible Or Not?


First and foremost, college students have more resources than they think. Even if you can just put away a few dollars each week, you are still working towards creating a sound investment portfolio even during your university years. Ten or twenty dollar a week doesn’t seem like much but it adds up quickly. View full post on Investing Articles from EzineArticles.com

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Make More Money with Penny Stocks


If you are wondering what penny stocks are, they are stocks that don’t cost a lot of money to purchase. You can buy penny stocks for a nickel of less. Since these stocks are so low, the stocks leave themselves to be influenced by outside trading. Now that the penny stocks can be influenced by this, it is easy to make your money back in a short amount of time. You can even triple your money when you sell these stocks.

Also they can depreciate in value because of this but because the number of traders, using an analytic stock software can determine what stocks are good and bad for trading. There are some things that you need to know when using this software so that you can make money in penny stocks.

One thing you should know is how the program works. This software analyzes the market’s behavior. Which means that the software recognizes patterns in the market from the past to the present. It analyzes the profit margin so that you are not losing money. then it can tell you the best stocks you should invest in to boost your profits.

The reason this works, almost like everything else, runs in cycles. The market has its ups and downs. This software recognizes these patterns and analyzes when the ups and the downs are going to be coming around in stocks. So if you compare 2 stocks and overlap their pattern, you can tell when the up is going to hit and when the down is coming. You can maximize your profits if you buy low and sell high.

For example, if you buy a stock at $0.18, due to the outside influence, it can go up to $0.38 in a matter of an hour. The more time you leave your stock alone, the more chance it can go up. Many people say that trading penny stocks are the best because you don’t have to spend a lot of money. you can spend a few dollars and get your money back in about three. Also there are still risks when trading stocks too. It is not all fun and games.

What is the easiest way to trade penny stocks:

You can join a penny stock newsletter. They will tell you when to enter and exit the market. One that I recommend is Microcapmillionaires. For a start they are Offering Non-Paid Subscribers 2 Free Stock Picks For a Limited Time. This Offer Will End Once a Reasonable Amount of Paid Subscribers Have Been Reached. So go HURRY try them for free.

View full post on Forex Trading Tips

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Mutual Fund Minute: Money Markets May Reclaim Fees


Money-market mutual funds are waiving management fees because yields are so low that charging anything would hit shareholders with a loss. But once yields rise, many funds will want their money back. Jonathan Burton reports.


View full post on WSJ.com Video – Personal Finance

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The Chaikin Money Flow indicator


In Episode 37, we looked at the concept of Accumulation/Distribution. Now that you’ve had time to digest those lessons, we’re ready to take things to the next level with Chaikin Money Flow (CMF).

What is Chaikin Money Flow? It’s a statistic invented by the legendary Mark Chaikin. The formula takes the cumulative total of x days worth of Accumulation/Distribution line values, and divides THAT sum by the sum of x days worth of volume numbers. This gives a moving average of volume-adjusted Accumulation/Distribution values, which provides more accuracy than just a single day’s line value by itself.

But how do you use CMF? And where can you find the data? Those questions, and more, are answered in this episode.

In this episode, you’ll learn:

– All about Accumulation/Distribution — again — in this concise but informative review (0:32)

– Exactly how CMF is calculated and what a particular result, positive or negative, means (1:29)

– Three sure-fire signs of accumulation in a stocks — which can be applied in reverse for signs of distribution (1:59)

– How and where to find customizable CMF underlays to use on your charts (2:52)

We also take an in-depth look at a real stock chart with a CMF underlay, and show you exactly how you can apply CMF studies to your own charts, with sample screen shots.

CMF is a non-trend following volume indicator. It measures buying or selling pressure. In order to increase CMF’s predictive power, it must be used in conjunction with other technical indicators. Which ones? Watch this episode to find out!

Happy Trading!

Manny Backus
CEO, Wealthpire Inc.

P.S. Next week I’ll show you how to trade the Triple Bottom chart formation, a long-term bullish reversal pattern. See you next week!

Episode 42 – The Chaikin Money Flow indicator

Download the slides for “The Chaikin Money Flow indicator”

View full post on Trading Tips

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cXVpY2tpbnZlc3QubmV0L3dwL3dwLWNvbnRlbnQvd29vX3VwbG9hZHMvNC1xLmpwZyI7aTozO3M6NjE6Imh0dHA6Ly9xdWlja2ludmVzdC5uZXQvd3Avd3AtY29udGVudC93b29fdXBsb2Fkcy8zLXFpbG9nby5qcGciO308L2xpPjxsaT48c3Ryb25nPndvb192aWRlb19jYXRlZ29yeTwvc3Ryb25nPiAtIFNlbGVjdCBhIGNhdGVnb3J5OjwvbGk+PC91bD4=