College Prowler $2,000 No Essay Scholarship

Financial Aid >> Browse Articles

Browse Financial Aid Articles

  • +2

    If a Student's Parents Are Not Married, How Does the Student Complete the FAFSA?

    I live with my mother and my step-father but they are not married. They keep their finances separate and, other than helping my mom to pay for the house I live in, he does not help me out financially. Do I still have to include him on my FAFSA? — Emily L. The first step in addressing non-traditional family structures is ...
    Published almost 3 years ago | Rated: +2
  • +6

    Which are Better, US Savings Bonds or 529 College Savings Plans?

    We have a son who is going to be in the 10th grade this year. We also have twins who are 3.5 years old. I am trying to understand where to park my savings for elder son and the little ones. I heard if we have 529 plans, they will be included in financial aid calculations and this is not a ...
    Published about 2 years ago | Rated: +6
  • +3

    Who Really Graduates with $100,000 or More in Student Loans?

    Who Really Graduates with $100,000 or More in Student Loans?
    Newspaper headlines suggest that many students graduate from college with hundreds of thousands of dollars in student loan debt. But is this really the case? A new report, Who Graduates College with Six-Figure Student Loan Debt?, finds that only 0.2% of undergraduate students and 6.4% of graduate students graduated with $100,000 or more in student loans in 2007-08. Far from being ...
    Published about 2 years ago | Rated: +3
  • +4

    How is a Life Estate Treated on the FAFSA? Do the Restrictions Matter?

    How is a life estate reflected on the FAFSA? A student's parent has a deed with student's grandparent having life use of the property through a life estate. Please be New York state specific with the response. — T.G. A life estate involves an irrevocable grant of a future interest in a property while reserving a present interest in the property. ...
    Published over 1 year ago | Rated: +4
  • +4

    Will a Parent PLUS Loan be Denied When Applying for Two Loans for Two Children?

    I am applying for two Parent PLUS loans because I have twins going to school at the same time. Is it possible one loan will be denied because we are applying for two at the same time? What can I do if one of the applications is denied? We have good credit 730 and 780 for each of us. — Michelle ...
    Published about 2 years ago | Rated: +4
  • +7

    Sequestration Cuts Federal Student Aid Funding

    Congress did not reach an agreement to reduce the FY2013 budget deficit on March 1, 2013. Accordingly, the automatic across-the-board budget cuts known as sequestration will become effective on March 27, 2013, cutting funding for some federal student aid programs for the remainder of the FY2013 budget year and 2013-14 award year. The US Department of Education has issued preliminary guidance ...
    Published over 1 year ago | Rated: +7
  • +14

    How Does a Parent Enrolling in College Affect the Child's Financial Aid?

    My daughter is hoping to attend a private college next year. Of course, we will be applying for financial aid and as many scholarships as we can find! My husband works full time and I have always worked full time. In late February, I was temporarily laid off from my job. I should be returning to work on a part-time basis ...
    Published over 3 years ago | Rated: +14
  • +7

    How To Ask Friends and Family for Money for a Child's College Savings Plan

    In a Fastweb survey of high school and college students about preferred holiday gifts, more than half of the respondents said that they were hoping for money for college. But asking for money is awkward. It feels like begging. Most people are uncomfortable asking for money, even for a good purpose. Asking for gifts of money is taboo in the United ...
    Published over 3 years ago | Rated: +7
  • +18

    Top Twelve Tips for Asking for College Savings Cash

    Top Twelve Tips for Asking for College Savings Cash
    This article lists a dozen tips for asking for college savings cash as an alternative to traditional material gifts. It is a summary of the longer article, How To Ask Friends and Family for Money for a Child's College Savings Plan. 1. The only way to get a cash gift to a child's college savings plan is to ask. If you ...
    Published over 3 years ago | Rated: +18
  • +3

    Does Dependency Status on Income Tax Returns Affect Financial Aid Eligibility?

    My daughter graduated from undergraduate school in May of this year. As far as student loans were concerned she was considered a dependent for the 4 years she attended there and we filed our income tax as such. However, she started graduate school in July of this year and in order to attend she had to apply for a student loan ...
    Published over 1 year ago | Rated: +3
  • +22

    Finding Funding on Campus

    Finding Funding on Campus
    By now, you’re probably fully geared up for second semester. But, are you fully prepared to pay for this – not to mention future semesters – as well? Probably not. In fact, most students shudder at hearing “financial aid” and why wouldn't you? It’s confusing, intimidating and, as a result, you likely avoid the topic at all costs. However, avoiding the ...
    Published 8 months ago | Rated: +22
  • +1

    Paying for Tuition with a Credit Card or an Unsubsidized Stafford Loan

    I am a graduate school student at a university where subsidized loans are no longer an option. Only unsubsidized. I am now faced with a decision: which would be a better option for me to use to pay for my tuition this fall, taking out unsubsidized loans or putting it on my credit card (9.9% interest)? — B.R. Subsidized Stafford loans ...
    Published about 2 years ago | Rated: +1
  • +6

    Does Consolidating Student Loans Save Money Like a Refinance?

    I have a question concerning consolidating my federal loans. I have some that are subsidized and some that are unsubsidized. Can I combine these at a lower interest rate? I have graduated from college and will soon be starting to pay back my loans. My unsubsidized loans are at 6.8% and subsidized are at 5.5%. I also have many DEAL loans, ...
    Published over 3 years ago | Rated: +6
  • +5

    Should Borrowers Pay Off Old Student Loans to Qualify for the New 10% Version of Income-Based Repayment?

    I want to qualify for the "pay as you earn plan" 10% income-based repayment plan. I have $80,000 in Direct Loans from 2010-2012. I have a balance of $2,800 on an old student loan from the 1990's. Should I pay off the old balance before a certain date to make sure and qualify for the "pay as you earn plan"? Or ...
    Published almost 3 years ago | Rated: +5
  • +5

    Is the Pell Grant Reduced When the Student Wins a Private Scholarship?

    My daughter has been approved for a Pell Grant. She recently received notification that she has won a $1,000 scholarship. Will the scholarship reduce her Pell Grant? — Virginia M. The Pell Grant is never reduced when the recipient wins a private scholarship. Some forms of need-based financial aid are reduced when a student wins a scholarship. These include federal campus-based ...
    Published about 2 years ago | Rated: +5
  • +5

    Questions about Qualifying for the Federal Parent PLUS Loan

    My son has been accepted to an expensive private non-profit college for the fall. We have been awarded a pretty generous financial aid package from the school (approximately $30,000) which leaves me with about $20,000/year left to finance. I make about $50,000/year. I will be applying for the Parent PLUS loan and have several questions. I'm in the process of refinancing ...
    Published over 1 year ago | Rated: +5
  • +5

    What Happens When Retirement Money isn't in a Qualified Retirement Plan?

    I am a single parent, age 56 and my daughter will be applying for college next year. I make less than $60,000, but have just over $100,000 in savings and mutual funds that I have saved towards retirement as I am self employed. (I just recently found out about other self employed retirement options.) Will my daughter receive less financial aid ...
    Published over 1 year ago | Rated: +5
  • +5

    How Should Divorced Parents Split a Child's College Costs?

    I am the custodial parent for my daughter who will go to college this fall. It will be her first year. My income was reported on the FAFSA. This included child support, although my ex-husband has recently stopped paying child support. Now the ex-husband wants access to half of the funds available through the FAFSA to use toward his half of ...
    Published over 3 years ago | Rated: +5
  • +3

    When is Real Estate Reported as a Business Asset on the FAFSA?

    For parents who are self-employed and own real estate as one of their businesses, should they list the real estate assets as their assets (since they are self-employed) or as business assets? Does it make a difference one way or other? When we listed $350,000 in property as our assets, it made a huge difference but we are not sure how ...
    Published about 2 years ago | Rated: +3
  • +2

    Excerpts from the Democratic and Republican Party Platforms on Student Financial Aid

    This article provides excerpts of the proposals concerning student financial aid for college that appear in the 2012 Democratic National Platform and the 2012 Republican Platform. Neither platform, however, contains a lot of detail about student financial aid. Some of the key differences between the two parties include the role of banks in making new federal education loans, changes in funding ...
    Published about 2 years ago | Rated: +2
Join Fastweb for FREE