Q&A: After my federal pell Grant and my KEES Scholarship, I have a little money left over!!?

Question by TDavis0190: After my federal pell Grant and my KEES Scholarship, I have a little money left over!!?
I received a certain amount of Federal Grant money and also a small amount it kEES Scholarship money. THey applied my federal grant money and it was all applied to my balance. THey used my KEES money for the rest– will I receive a check for what was left of my Kees Money? I didn’t know since it is a scholarship!! And htey used all the federal grant money first–

Government Funding
Best answer:

Answer by Amber Marie
There is no differentiation, all financial aid is lumped together and taken out of the bill, which is also lumped together, they are not individually applied to your account in order. If there is anything leftover you get it.

Know better? Leave your own answer in the comments!

Multi-party Suit Filed by Borrowers Against Aurora Bank et al

Multi-party Suit Filed by Borrowers Against Aurora Bank et al











United Foreclosure Attorney Network

Roseville, California (PRWEB) November 11, 2011

On Tuesday October 25, 2011, United Foreclosure Attorney Network (UFAN) filed suit in Superior Court in Sacramento (case # 34-2011-00112919) on behalf of borrowers allegedly injured by the lending practices of Aurora Bank and others believed to have misled borrowers.

The complaint alleges that Aurora was one of the major players in a scheme to make fast, easy profits at the expense of proper mortgage underwriting procedures. By packing subprime loans into mortgage backed securities that were sold to investors, a bank could recoup the funds lent immediately. The suit argues that this process encouraged lenders and mortgage brokers to aggressively push high-cost subprime loans on anyone they could convince to sign on the dotted line.

According to court documents, plaintiffs argue that because of the sale of their loans, they did not receive the benefit of the contract for which they bargained. Plaintiffs, believing they would be placed into a traditional Lender/Borrower relationship, later found that they did not have a “lender” with whom they could deal. Servicers are limited in making changes to contracts when circumstances are unforeseeably changed. Furthermore, loan servicers have an incentive to foreclose whereas a lender has the incentive to modify a loan if it would be more profitable in the long run. If many of the homeowners were still in the traditional lender/borrower relationship, they could have restructured the mortgage for a more desirable result for both parties. In the current situation, the only entity profiting is the loan servicer. The complaint details how many Plaintiffs diligently sought modification of their loans but were denied either because the servicer had no authority to grant a modification or because the servicer chose not to grant a modification.    

Court documents show that Aurora is alleged to have used a variety of tactics to generate the highest amount of fees possible without regard to the injury it would cause borrowers. One tactic is “equity stripping,” which refers to making a loan based on home equity without regard to the borrower’s ability to pay. These loans are set up to fail and lead to subsequent foreclosure. Aurora is also accused of “flipping” which refers to encouraging frequent refinances by homeowners. Borrowers receive cash up front but do not realize that the fees added to their existing loan balance often exceed the amount of cash received – gradually increasing the amount owed over time. Unsophisticated borrowers are especially susceptible to these types of loans because lenders and brokers often use aggressive sales tactics and represent that they are the only type of loan available.

The complaint alleges that, in addition to harmful loan types, appraisers used by Aurora were encouraged to inflate property values in order to give borrowers higher loan amounts. The higher the loan amount, the more money Aurora was able to make on the sale of the loan to investors. It is argued that the bank incentivized appraisers to falsify property valuations in order to secure a higher loan to sell to investors. The complaint alleges that Plaintiffs borrowed excessively in reliance on inflated appraisals and other false statements.

The complaint further alleges that the ownership of Plaintiffs’ notes is unknown, thus questioning, among other things, Aurora’s right to enforce the notes. The complaint requests declaratory relief on several matters relating to the parties’ rights and duties under the contract.

UFAN has currently has lawsuits pending against Bank of America (case # 2:11-CV-02413) and Wells Fargo (case # 2:11-CV-02684) in Federal Court for the Eastern District of California, and against JP Morgan Chase (case # C-11-02390) in Superior Court of Contra Costa County on behalf of borrowers alleged to have been injured by these banks. UFAN will continue to fight for the rights of its clients.

ABOUT THE UNITED FORECLOSURE ATTORNEY NETWORK

UFAN Legal Group, PC dba United Foreclosure Attorney Network (UFAN) is a Roseville, California-based law firm providing mortgage litigation and other debt related legal services. The dedicated attorneys and staff at UFAN work tirelessly to seek justice and fight for the rights of its clients. For more information call toll free 1-866-400-4242.

This release may constitute attorney advertisement. The information in this release and on the UFAN website (ufanlaw.com) is for general information purposes only. Nothing in this release or on the UFAN website should be taken as legal advice. Prior successes are no guarantee of future performance. Litigation is inherently uncertain and results in litigation are never assured.

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Government Funding
More Federal Grant Money Press Releases

Nov. 12 HOPE Under the Stars Gala In The Woodlands Raises Funds to Fight Juvenile Batten Disease

Nov. 12 HOPE Under the Stars Gala In The Woodlands Raises Funds to Fight Juvenile Batten Disease











The gala will raise funds for Batten disease research to help children like Will Herndon.


The Woodlands, Texas (PRWEB) October 31, 2011

Tickets are still available for one of the Houston area’s most important fundraisers of the year, the 3rd annual HOPE Under the Stars Gala benefiting The Will Herndon Fund for Juvenile Batten Disease Research.

The Nov. 12 evening event at The Woodlands Resort and Conference Center will raise funds for research to develop treatment and a cure for juvenile Batten disease, a rare but devastating, genetically transmitted and fatal neurodegenerative disorder affecting children.

Gala planners expect more than 600 guests for a “Texas chic”-themed party that will include mechanical bull riding, “rear sketches” by the Original Butt Sketch, dancing and live music by The Buck Town All-Stars, the nine-piece New Orleans band renowned for its energizing mix of rock, soul, funk, R&B and Crescent City classics. Partygoers also will enjoy a photo booth, casino table, raffle, and live and silent auctions for fabulous items such as a one-week stay at a Marriott Club hotel with airfare for two, an 18k yellow gold and diamond designer necklace from Donoho’s Jewellers and more.

Missy and Wayne Herndon of The Woodlands started The Will Herndon Fund in August 2009 after their son, Will, was diagnosed at age six with Batten disease. Juvenile Batten disease occurs in two to four of every 100,000 children born in the United States but early symptoms usually do not appear until between the ages of 5 and 10.

Kids born to parents who unknowingly each carry a gene mutation for Batten disease are at risk to inherit the condition which initially causes vision loss and seizures, then progressively impairs cognitive and motor capacities, and ultimately results in death during the late teen years or early 20s. Because Batten disease is uncommon, there is not much federal funding for research aimed at treatment, a cure and prevention.

“We’re both humbled and thrilled by the very generous support that we continue to receive from the Greater Woodlands community in our fight to save Will’s life and the lives of other children with Batten disease,” said Missy Herndon. “Our heartfelt thanks go out to those who will join us at this year’s gala. We’ll all have a great time while raising critically-needed funds for this important medical research.”

Since its founding, the Will Herndon Fund has raised more than $ 500,000 to support a variety of research initiatives in Europe and the United States to treat and cure the condition. These initiatives include promising research at the Jan and Dan Duncan Neurological Research Institute at Texas Children’s Hospital in Houston.

The fund also sponsored the first conference focused on drug discovery for treating juvenile Batten disease, which launched initial efforts to test tens of thousands of existing compounds for their effectiveness in treating the disease.

Additionally, the fund has enabled a partnership with a German biotech company to develop an antibody of the Batten disease protein. This will help researchers evaluate treatments and monitor progression of the disease. In recent months, the fund has awarded new grants to King’s College in London and the University of Iowa to investigate innovative drug therapies that address the function of the cells at the heart of Batten disease.

The Will Herndon Fund is a fund of the Beyond Batten Disease Foundation, launched in 2008 by Craig and Charlotte Benson of Austin after their then five-year-old daughter, Christiane, was diagnosed with Batten disease. The foundation raises money for research to cure juvenile Batten disease and additionally has been leading development of a test to detect the gene mutations that cause the disorder as well as 600-plus other serious and often fatal childhood conditions.

About The Will Herndon Fund and Beyond Batten Disease Foundation

The Will Herndon Fund is part of the Beyond Batten Disease Foundation which works to cure and prevent Batten disease, a rare, inherited neurological disorder that strikes young children, first causing vision loss and seizures, then cognitive and motor impairment, and ultimately death during the late teen years or early 20s. The foundation raises funds for research and is leading development of an easy and inexpensive, groundbreaking blood test to detect the gene mutations that cause Batten disease as well as 600-plus other rare but serious and often fatal childhood ailments. For more information, visit http://www.beyondbatten.org.

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Government Funding

EducationGrant.org Now Offering an Easy Way to Find Grants and Scholarships

EducationGrant.org Now Offering an Easy Way to Find Grants and Scholarships












(PRWEB) July 27, 2011

As education becomes more important for job stability and movement, people are looking for affordable ways to pay for additional schooling. But finding grants and scholarships can be time-consuming and discouraging. EducationGrant.org now makes it easier to search and find information on grants, scholarships, student loans and financial aid to help potential students get back to school.

“The service we provide has helped thousands of students reach their full potential in an economy that can be so harsh,” said EducationGrant.org executive Rich Tucker.

EducationGrant.org gives students the opportunity to look at many types of education grants through a unique system of questions. The questionnaire is designed to target the right grant or scholarship for the right student, so students don’t waste any time with grants that aren’t the right fit. The questions range from student interests to location in order to find the right type of school and aid.

The website offers its services free of charge, and is aimed at every age—from high school students who are filling out their first Free Application for Federal Student Aid (FAFSA) to single mothers looking to go back to college. The website is geared toward all different backgrounds and all different ages, with a variety of choices for financial aid for everyone.

EducationGrant.org allows potential students to browse through different types of grants. Students can gain access to information on Academic Competitiveness Grants, College Housing Grants, Grants for Single Mothers, National SMART Grants, Need Based Grants, Pell Grants, State Sponsored Grants, and more. EducationGrant.org offers information on where to find these grants and how to apply.

Students can also find information explaining the differences between scholarships, grants, student loans, and other types of financial aid. The new site can help potential students find out which type of aid would be the most ideal and plausible for them. EducationGrant.org explains that scholarships are generally given on a merit-based status, while grants are given on a need-based status.

EducationGrant.org also keeps an up-to-date blog that discusses a wide range of topics relating to financial aid, including cuts to grant funding, repaying students loans, the importance of grants for academia and applying for financial aid. The blog is a great source of information for students or people thinking about going back to school.

People interested in knowing the latest information on available grants, scholarships, student loans and financial aid can subscribe to the blog at http://educationgrant.org/blog/.

EducationGrant.org offers free information on how to apply for grants and it operates in order to help people get back to school. Students or people who are curious about their options can visit the website (http://educationgrant.org/) and “find the money you need for your college degree.”

Contact Information:

Rich Tucker

905-220-8098

Info(at)educationgrant(dot)org

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Vocus©Copyright 1997-

, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.







Government Funding

After my federal pell Grant and my KEES Scholarship, I have a little money left over!!?

Question by TDavis0190: After my federal pell Grant and my KEES Scholarship, I have a little money left over!!?
I received a certain amount of Federal Grant money and also a small amount it kEES Scholarship money. THey applied my federal grant money and it was all applied to my balance. THey used my KEES money for the rest– will I receive a check for what was left of my Kees Money? I didn’t know since it is a scholarship!! And htey used all the federal grant money first–

Government Funding
Best answer:

Answer by Amber Marie
There is no differentiation, all financial aid is lumped together and taken out of the bill, which is also lumped together, they are not individually applied to your account in order. If there is anything leftover you get it.

What do you think? Answer below!