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President Obama Proposes Cuts in Aid Programs to Preserve Pell Grant

President Obama Proposes Cuts in Aid Programs to Preserve Pell Grant

President Obama is proposing to cut some student aid programs to maintain the maximum Pell Grant at $5,550 in 2011-12 as part of the FY2012 federal budget request. This comes after ...

Mark Kantrowitz
Published February 14, 2011
Congress Proposes Big Cuts in Pell Grants

Congress Proposes Big Cuts in Pell Grants

The Republican leadership of the US House of Representatives released a proposal to cut the maximum Pell Grant to $4,015 late on Friday, February 11, 2011. This proposal is part of ...

Mark Kantrowitz
Published February 13, 2011
Can You Get a Pell Grant Even If You Don't Qualify for the Free and Reduced-Price School Lunch Program?

Can You Get a Pell Grant Even If You Don't Qualify for the Free and Reduced-Price School Lunch Program?

If a child does not qualify for the free or reduced-price school lunch program, can they still qualify for federal student aid? —Y.P. Yes. Students who don't qualify for the free ...

Mark Kantrowitz
Published February 21, 2011
Scholarship and Grant Tips for Nontraditional Students

Scholarship and Grant Tips for Nontraditional Students

Returning students can qualify for plenty of scholarship and grant opportunities.

By Jose Vasquez, author of Free Cash for College: The Everyday Students' Guide to Financial Aid
Published April 21, 2009
February is Financial Aid Awareness Month

February is Financial Aid Awareness Month

There's one very important celebration that takes place all month long that you may have overlooked...Financial Aid Awareness Month!

Elizabeth Hoyt
Published January 21, 2015
PLUS Loans: A Loan Just for Parents (and Grad Students Too)

PLUS Loans: A Loan Just for Parents (and Grad Students Too)

Parents of college students face added financial pressure. The federal Parent Loan for Undergraduate Students (PLUS) loan can alleviate some of that pressure. The PLUS is a loan for parents and ...

By Bridget Kulla
Published June 8, 2007
Economy Causes Panic over Paying for School

Economy Causes Panic over Paying for School

This year more than ever, the economy is making it more difficult for families to pay for college. The number of financial aid applications is up more than 10% over last ...

Mark Kantrowitz
Published April 21, 2009
Is an Emancipated Child Considered an Independent Student?

Is an Emancipated Child Considered an Independent Student?

I am a single parent of three children. One is a junior in college, the middle child will be attending college next year. I have always completed the FAFSA for my ...

Mark Kantrowitz
Published February 14, 2011
Are You Really Paying More for College?

Are You Really Paying More for College?

For years, the college cost inflation rate has been steadily rising by roughly 7% each year. The 2010-2011 academic year is no exception. According to College Board, who recently released their ...

By Kathryn Knight
Published November 12, 2010
Which Assets and Debts are Reported on the FAFSA?

Which Assets and Debts are Reported on the FAFSA?

Last year my family had low income ($40,000) but high assets. The assets include $1 million in properties, other investments, the primary home, car, 401(k), IRA and pension plan. How are ...

Mark Kantrowitz
Published January 24, 2011
What You Need to Complete the FAFSA

What You Need to Complete the FAFSA

It's time to fill out the mother of all financial aid forms: the FAFSA. Don't worry, it's easier than you think! Before you sit down to complete the form, make sure ...

Published November 15, 2015
15 Financial Aid Questions You Need to Ask

15 Financial Aid Questions You Need to Ask

What to ask to get the information you need.

By Carrie Greenberg and Mark Kantrowitz
Published February 25, 2015
When is a Stepparent or Adoptive Parent's Income Reported on the FAFSA?

When is a Stepparent or Adoptive Parent's Income Reported on the FAFSA?

My daughter's father and I are divorced and I have remarried. Neither my previous nor my new husband are contributing toward my daughter's education, so I am paying all of the ...

Mark Kantrowitz
Published February 7, 2011
Questions about Income and the Free Application for Federal Student Aid (FAFSA)

Questions about Income and the Free Application for Federal Student Aid (FAFSA)

My husband earns about $125,000 in salary and I am a stay at home mom. My husband just changed jobs and got his deferred salary and his retirement from 25 years ...

Mark Kantrowitz
Published November 9, 2009
Should I Claim Scholarships & Other Awards on My Taxes?

Should I Claim Scholarships & Other Awards on My Taxes?

Your scholarship may be taxable - discover how to report your scholarships on your taxes.

Elizabeth Hoyt
Published February 23, 2016
Got a Burning Financial Aid Question? Ask the Expert!

Got a Burning Financial Aid Question? Ask the Expert!

Wondering how to maximize your financial aid package? Got a specific student aid question you can't find the answer to? No matter what is its, if you've got a financial aid ...

Published August 18, 2009
Limit Total Student Loan Debt to Less Than $10,000 per Year to Avoid Overborrowing

Limit Total Student Loan Debt to Less Than $10,000 per Year to Avoid Overborrowing

I have twin daughters going to college in the fall. The annual tab (for both girls) after scholarships will be $58,000 in loans per year for four years. We have saved ...

Mark Kantrowitz
Published June 14, 2010
Federal Financial Aid and the Independent Student

Federal Financial Aid and the Independent Student

Are you considered an independent student? Find out.

By The Fastweb Team
Published July 18, 2016
President Obama Proposes Capping Student Loan Payments at 10% of Discretionary Income

President Obama Proposes Capping Student Loan Payments at 10% of Discretionary Income

President Obama proposes to cap student loan payments at 10% of discretionary income as part of a package of proposals outlined by the White House Task Force on Middle Class Families ...

Mark Kantrowitz
Published January 25, 2010
Who is Considered an Independent Student? What if you are not yet 24 years old?

Who is Considered an Independent Student? What if you are not yet 24 years old?

I'm having problems with my financial aid. I'm a single mother of one. My daughter is almost three years old and will be attending daycare this semester. I've been going to ...

Mark Kantrowitz
Published August 9, 2010