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  • +1

    Combat Pay and Other Untaxed Income

    Combat Pay and Other Untaxed Income
    This page discusses the reporting of combat pay, housing allowances and substistence allowances on the Free Application for Federal Student Aid (FAFSA). It also mentions other pitfalls encountered by veterans, such as confusing aspects of the W-2 statement. Combat pay, although excluded from gross income, is still considered during the need analysis for federal student aid purposes. It is reported as ...
    Published over 5 years ago | Rated: +1
  • +165

    Top 10 Tips for Financial Aid

    Top 10 Tips for Financial Aid
    Tip 1: Prioritize your efforts, starting with the federal government. Then turn to the private sector for additional assistance. Visit FinAid.org to learn about all your funding opportunities. Tip 2: Learn all you can about the college financial aid process. Be sure to meet your aid administrator and establish a relationship. Tip 3: Submit the Free Application for Federal Student Aid ...
    Published over 5 years ago | Rated: +165
  • +19

    Parent Tips: Financial Aid

    Parent Tips: Financial Aid
    We asked parents to share their advice on the financial aid process, based on their experiences with their children. Here's what they said: "Keep a file folder with each piece of correspondence in it. That way you have a paper trail. Every time a new loan, grant or financial aid comes in, you may receive a revised bill. Also, make sure ...
    Published over 5 years ago | Rated: +19
  • +33

    Student Tips: Financial Aid

    Student Tips: Financial Aid
    We asked FastWeb members to pass along their advice on financial aid, based on their personal experiences. Here's what they said: "It is NOT your school's responsibility to keep track of your account, it's yours! If you think that something is not right about your financial aid, check it out. Even if the school's mistake seems to be favoring you, you ...
    Published over 5 years ago | Rated: +33
  • +7

    Ask the Expert: Why Not Borrow from My 401(k) for My Daughter's College Tuition?

    QUESTION: Why not borrow from my 401(k) for my daughter's college tuition, as there will be less to lose in this economic crisis? -- Betsy Thomas ANSWER: Borrowing from your 401(k) is almost always a big mistake. It may seem innocuous, since instead of paying back a bank loan, you're paying yourself. But you've lost the opportunity to earn further returns ...
    Published over 5 years ago | Rated: +7
  • +9

    What's the FAFSA? And Why You Should Care

    What's the FAFSA? And Why You Should Care
    You must submit the Free Application for Federal Student Aid (FAFSA) if you want to apply for federal and state financial aid. Many colleges and universities, especially public institutions, also require the FAFSA. You must submit the FAFSA every year that you want aid. Obtaining a FAFSA The FAFSA is available in several formats, including online, PDF and paper versions. The ...
    Published over 5 years ago | Rated: +9
  • +7

    The 5-Minute FAFSA Video

    Filling out the FAFSA could be your ticket to some of the more than $80 billion the federal government provides in grants, loans and work-study programs every year. The FAFSA can also help you get state and school-based financial aid. It could be the most important financial aid form you complete. Find out what the FAFSA is all about. FastWeb's FAFSA ...
    Published over 5 years ago | Rated: +7
  • +6

    PLUS Loans for Grad Students

    PLUS Loans for Grad Students
    Graduate and professional students can borrow money for school through the PLUS Loan Program. Qualifying students who are enrolled at least half time can take out a loan for up to the cost of attendance, minus the amount of other forms of financial aid. You must file a FAFSA and accept all Stafford Loans you are offered before applying for the ...
    Published over 5 years ago | Rated: +6
  • Rate

    HEROES Act of 2003

    HEROES Act of 2003
    The Higher Education Relief Opportunities For Students (HEROES) Act of 2003 (Public Law 108-76) is intended to ensure that service members who are receiving Federal student aid are not adversely affected because of their military status and to minimize the administrative burden placed on such individuals. The HEROES Act allows the Secretary of the US Department of Education to waive or ...
    Published over 5 years ago | Rate This
  • +1

    Veterans Education Benefits

    Veterans Education Benefits
    Most veterans education benefits are treated as resources, not income, for Federal student aid purposes. This means veterans should not report their veterans education benefits as income on the FAFSA. The FAFSA includes separate questions that ask about the monthly benefit and the number of months of benefits expected during the school year (July 1 to June 30). However, there are ...
    Published over 5 years ago | Rated: +1
  • +4

    Veterans Status for Student Aid Purposes

    Veterans Status for Student Aid Purposes
    Veterans and active duty military personnel are considered automatically independent for federal need analysis purposes. However, the Veterans Administration and the US Department of Education use a different definition of veteran, leading to some confusion. The definition of active duty also excludes active duty for training or attendance at a service school or, in many cases, members of the National Guard ...
    Published over 5 years ago | Rated: +4
  • +5

    Financial Aid for Veterans and their Dependents

    Financial Aid for Veterans and their Dependents
    This section of FinAid discusses student aid programs for veterans and their dependents. A discussion of the student aid treatment of veterans education benefits and the definition of a veteran for student aid purposes can be found in the Veterans and the FAFSA section of FinAid. U.S. Department of Veterans Affairs Education Benefits The Department of Veterans Affairs provides information on ...
    Published over 5 years ago | Rated: +5
  • +12

    Graduate Grants: Writing a Successful Proposal

    Graduate Grants: Writing a Successful Proposal
    You've found the perfect grant for your graduate program. Now you need to convince the grant or fellowship committee that you're the one to fund. More Than a Scholarship Application A grant proposal is a unique document. You have more freedom than you do when writing a scholarship application - and you have to do more planning as well. And even ...
    Published over 5 years ago | Rated: +12
  • +11

    Financial Aid for Study Abroad

    Financial Aid for Study Abroad
    Euro. Yen. Dollar. Whatever you call it, if you want to study abroad you're going to need it. There are ways to get financial aid to study abroad. Find out how to make your trip overseas more affordable. The Ins and Outs of Aid Eligibility Before you rule out study abroad because of the cost, find out whether you may be ...
    Published over 5 years ago | Rated: +11
  • +29

    Research Grants for Grad Students

    Research Grants for Grad Students
    Maybe you have a fellowship. Or student loans are helping you out. But even if you're not strapped for cash, you should check out an important part of graduate school funding: research grants. Like a scholarship or fellowship, research grants can help to fund your graduate work. But a research grant offers so much more: an opportunity to further your unique ...
    Published over 5 years ago | Rated: +29
  • +125

    Scholarship and Grant Tips for Nontraditional Students

    Scholarship and Grant Tips for Nontraditional Students
    Like many nontraditional students, I found the process of returning to school intimidating. Worries hung over my head. How would I pay my bills? Support my family? Pay my tuition? It was those questions that drove me to begin my own scholarship hunt. I used FastWeb, asked friends and kept my eyes open. Yet when I found scholarships I was eligible ...
    Published over 5 years ago | Rated: +125
  • +8

    Choosing an Education Loan

    Choosing an Education Loan
    Most families evaluate education loans based mainly on cash flow considerations: How much money can you get to pay for college costs and/or living expenses? How much are the monthly payments? When do the payments start and when do they end? What is the total cost of the loan (total payments over the life of the loan)? Who is responsible for ...
    Published over 5 years ago | Rated: +8
  • +8

    Solutions for Borrowers Who are Having Trouble Repaying Education Loans

    Solutions for Borrowers Who are Having Trouble Repaying Education Loans
    There are many options for repayment relief for borrowers who are having trouble repaying their education loans. These include deferments and forbearances that suspend the monthly payment obligation, alternate repayment plans that reduce the monthly payments by increasing the loan term, and forgiveness and discharge programs that cancel the loans entirely. Which options are appropriate for you depends in part on ...
    Published over 5 years ago | Rated: +8
  • +44

    The American Recovery and Reinvestment Act of 2009 includes a Big Boost in Student Aid Funding

    The American Recovery and Reinvestment Act of 2009 includes a Big Boost in Student Aid Funding
    The American Recovery and Reinvestment Act of 2009, also known as the stimulus bill, includes major increases in student aid funding for the 2009-10 academic year. It includes the largest dollar increase ever in the maximum Pell Grant and significantly expands the Hope Scholarship tax credit. It also increases funding for the Federal Work-Study and AmeriCorps programs. The legislation was signed ...
    Published over 5 years ago | Rated: +44
  • +78

    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 year. Lenders are suspending loan programs and tightening credit standards. Families are concerned -- really concerned -- about obtaining loans and paying for college. Add in the possibility of job ...
    Published over 5 years ago | Rated: +78
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