Leadership Incentive Award

America's Top Student Loan Provider

8,000 programs with a distribution level of over 150,000 awards for undergraduate and postgraduate students worth a total of more than $35 million is what EdFed's comprehensive scholarship database contains. It also includes student loan forgiveness programs for those who have graduated from college and need alternatives for repayment.

Leadership Incentive Award

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Scholarship Summary
Amount	Average: $3528
Award Type	Scholarship
Application Deadline	3/15/2006
Requirements	Applicant must have a minimum 3.25 GPA, composite ACT score of 19-23, and a recommendation.
Eligibility	Freshman
Additional Info
Award Statistics
Number of awards granted each year	13 (avg)
Number of app. received last year	60
Percentage of applicants awarded	0.52
Award Features
Award is school-specific	TRUE
Award must be repaid	No
Award is renewable	Yes
Award is granted every year	Yes
Specific major or program required	No
Important Information
Program Required	No
Contact Info
Organization:	Southern Arkansas University - Magnolia
Title:	Director of Student Aid
Phone:	870-235-4023
Fax:
City/State/Zip:	Magnolia - Arkansas - 71754
Email:
Website:	http://www.saumag.edu

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How EdFed Helped others!

EdFed helped me out a lot! My student loan balance was not as high as most of my friends, so I didn't even know if consolidating would be worth my time. The loan counselors at EdFed really explained the benefits of consolidating and took the time to do a comparison of my total loan costs with and without consolidating. Even though my loan balance was not large, my monthly payments were reduced by almost 50% through my EdFed loan consolidation! This provided a lot of relief. Now, I know I can make my student loan payments, and I still have plenty of money to do the things I want to. Thank you, EdFed, for walking me through this process.
- Rochelle G. Chicago, IL

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Education is one of the most basic right of any human, but with the increase in prices and the costs involved in education this has made these rights turn into a privilege which very few can enjoy. Any normal person today in the whole of United States has to take an education loan at one point of time to pay for their education fees.

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CONSOLIDATION NEWS

	Schools Will No Longer Receive Paper FAFSA Forms (September 20, 2007)
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		If you run into a period of financial difficulty, federal consolidation loans generally qualify for periods of deferment or forbearance until your financial situation improves.

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