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...WORKS: Borrowers need credit scores of at least 640 (of 850 maximum) and a debt-to-income ratio of 30% or less...
...reached for comment. Had Wu been granted pre-trial probation, his case would have been dismissed pending adherence to court requirements. Wu’s next hearing is currently scheduled for March 31. If he pleads not guilty, the case will go to trial where he could face a maximum sentence of two years in prison, according to the Middlesex District Attorney’s Office. Wu’s lawyer Randolph Gioia, however, remains optimistic about his client’s future. “He just wants to put this behind him and continue his life at Harvard...
...allow only one. Many lawmakers are driven less by moral than medical concerns, for the health of mother and baby and the costs associated with premature and multiple births. Professional associations in the U.S. also favor limits but stress the need to treat each case individually; they recommend a maximum of five embryos implanted in a woman over...
...typical student contribution from $6,100 to $4,500, which students can cover with work-study or outside scholarships. Under the program, the average family contribution for students receiving financial aid in 2008 will fall 16 percent. The initiative will go into effect for the upcoming academic year. The maximum contribution by families earning between $60,000 and $100,000 will be $15,683 for both student contribution and room and board. Under the Harvard Financial Aid Initiative, undergraduates whose families earn between $60,000 and $120,000 will contribute between zero and 10 percent of their annual income based...
...Defense saw cuts. The administration’s budget was better for financial aid, proposing an 18.5 percent increase in spending on Pell Grants. Overall, the budget allocates $2.6 billion more for the grants, which translated to an additional $69 awarded to each student receiving a grant. The maximum award allocation would increase to $4,800 in 2009 and $5,400 by 2012. But even the administration’s record on increasing financial aid has come under fire, with Mark Kantrowitz, publisher of FinAid.org, calling it “too little, too late.” Kantrowitz said that...