SOURCE: CollegeWeekLive

June 06, 2008 10:27 ET

CollegeWeekLive to Host the "Paying For College" Event

Virtual College Fair to Be Sponsored by NextStudent, Virgin Money, and Discover Student Loans

BOSTON, MA--(Marketwire - June 6, 2008) - CollegeWeekLive (http://www.collegeweeklive.com), the largest virtual college fair, today announced its "Paying for College" event, a FREE interactive, online-only program being held July 10, 2008. This virtual event is designed to help parents, students and financial aid administrators find creative and affordable ways to fund a college education.

"Millions of parents are concerned about funding their children's collegiate education while financing their own retirements," said Robert Rosenbloom, CEO of PlatformQ, the producer of CollegeWeekLive. "Two-thirds of American families with college-age children will have to borrow in order to finance the higher education funding gap."

Due to the recent disruptions in the student loan marketplace, finding scholarships, grants, student loans and other forms of financial aid has become a top priority for students and parents.

While funding a college education has been a principal focus at prior CollegeWeekLive online events (see "Helping Students Find Financial Aid is Major Theme at CollegeWeekLive" at http://www.collegeweeklive.com/press9.html), feedback from past attendees indicated strong demand for a stand-alone event on the topic.

Created to meet that demand, "Paying for College" is a special online event for students and parents looking for guidance on how to find and secure adequate funding for a college education. The event's principal purpose is to unify information and resources on financial aid and education lending, and to simplify what can otherwise be a confusing and anxious process as families seek scholarships, grants and loans to pay for college.

Strong Support for "Paying for College":

Participating organizations in the "Paying for College" event include these leading providers of student loans:

NextStudent

Phoenix, AZ (www.nextstudent.com)

Dedicated to helping students and their families find affordable ways to pay for college, NextStudent offers one-on-one education finance counseling, parent and student loans, and the free online Scholarship Search Engine, featuring more than 5.9 million scholarships worth over $16 billion: www.nextstudent.com/sse

Virgin Money

Waltham, MA (www.virginmoneyus.com)

Virgin Money helps families develop a customized and affordable approach to paying for college. From the ability for families to truly collaborate on the cost of college, to credit building and financial education opportunities for students, Virgin Money's goal is singular...to provide families with the best college financing deal possible.

Discover Student Loans

Riverwoods, IL (www.DiscoverStudentLoans.com)

Discover provides families with affordable loan choices, including federal Stafford loans with zero fees, federal Parent PLUS and Grad PLUS loans with interest rate discounts, and private loans with zero fees and a 2% cash reward upon graduation. Discover works with schools to certify private loans and disburses funds directly through the school, so families only borrow as much as they truly need. And Discover's borrower benefits can help families save hundreds of dollars on the total cost of each loan.

As with all CollegeWeekLive events, "Paying for College" uses the latest in Web 2.0 technologies, allowing students and parents to participate in LIVE streaming presentations from financial aid and student loan industry experts, enabling them to interact and ask questions via video and chat.

The "Paying for College" event will feature a virtual trade show floor, where attendees can visit virtual booths and find and download helpful reports, literature, and resources. These resources can help demystify the financial aid process and add clarity on the variety of funding options available, from grants and scholarships, to loans, work-study, tax credits and more. Representatives from college funding organizations, as well as financial aid staff from participating universities and colleges, will also be on hand to discuss how inbound college students can finance their education.

About CollegeWeekLive

CollegeWeekLive is a unique virtual event designed to allow people involved in the college admissions process (students, parents, teachers, counselors, colleges and universities) to connect and successfully interact with one another in ways that are impossible at physical events, through powerful Web-based software and services. PlatformQ, the producer of CollegeWeekLive, is a new company whose mission is to leverage the accessibility of online events to connect individuals, companies and organizations -- across North America and internationally -- who might otherwise not be able to travel to physical events or communicate with leading experts or thought leaders. Visit www.collegeweeklive.com.

CollegeWeekLive and PlatformQ are trademarks of PlatformQ, Inc. All other trademarks or service marks are property of their respective owners.

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