Financial Aid >> Browse Articles

Browse Financial Aid Articles

  • +11

    Some Scholarship Sponsors Review the Online Presence of Finalists When Selecting Winners

    Some Scholarship Sponsors Review the Online Presence of Finalists When Selecting Winners
    Your Facebook profile may cause you to lose a scholarship. It can also help you win a scholarship. According to a recent survey of scholarship-granting organizations, about a quarter of scholarship providers evaluate the online presence of finalists before selecting which students will win scholarships. These scholarship sponsors use web search sites like Google and social media web sites like Facebook, ...
    Published about 3 years ago | Rated: +11
  • +11

    President Obama Signs Student Aid Bill of Rights

    President Obama Signs Student Aid Bill of Rights
    The difficulties of student loan repayment have been an integral part of the dialogue surrounding paying for school in recent years. College graduates began slipping under payments long before the recession, but the tough economic times only exacerbated the struggle, making it more of a common occurrence than an anomaly. Fortunately, the economy is healthier; however, the state of student loan ...
    Published 2 months ago | Rated: +11
  • +11

    Don’t Miss Out on These 5 Financial Aid Options

    Don’t Miss Out on These 5 Financial Aid Options
    If you feel like you’re in the dark about financial aid, you’re not alone. It’s not something that students and families typically think of until it’s time to start searching for colleges, which in most cases is the junior year of high school. Once the college search begins, so does the financial aid research. Throughout the process, you will learn a ...
    Published about 1 month ago | Rated: +11
  • +11

    Student Aid and Scholarships for Second Degree Students

    I am thinking about going back to school to get a second bachelors degree. Because I already have a B.A. degree, it seems that I am not able to receive any aid other than student loans. Is this true or am I missing something? — Josh S. Student with a prior Bachelor's degree are ineligible for the Pell Grant, Academic Competitiveness ...
    Published over 5 years ago | Rated: +11
  • +11

    How to Choose the Best Education Loans

    How to Choose the Best Education Loans
    With the new Obama tuition plan do you now have to go through FAFSA to get a loan? Is it better to take a loan out in my child’s name or take a parent PLUS loan? — Michelle A. All federal education loans are now made through the Direct Loan program. This includes federal student loans, such as the subsidized and ...
    Published 8 days ago | Rated: +11
  • +11

    Pros and Cons of Using Retirement Funds to Pay for College Costs

    Why should one NOT use retirement funds to pay for a child's college costs? — Diane H. There are two main reasons why families shouldn't use retirement plan funds to pay for college. The first reason is the financial impact of taking a distribution from a retirement plan to pay for college. The financial impact includes both the tax liability and ...
    Published over 3 years ago | Rated: +11
  • +10

    6 Ways to Beat Student Loan Debt

    6 Ways to Beat Student Loan Debt
    After college, recent graduates have to face finding a new job, a place to live and a way to reconcile their new salary with the realities of paying for basic living expenses. On top of that, 71% of recent graduates had student loan debt, according to the Project on Student Debt. Furthermore, the average amount of student loan debt per graduate ...
    Published 7 months ago | Rated: +10
  • +10

    How does divorce affect eligibility for student financial aid?

    I am currently a single parent with a daughter receiving financial aid. However, I plan to marry and am curious how that affects my child’s financial aid. Will his income be considered when completing the FAFSA next year even if we don’t share financial responsibility for her or commingle our bank accounts? — Terri S. If a dependent student's custodial parent ...
    Published over 5 years ago | Rated: +10
  • +10

    First Steps Toward Simplifying the FAFSA

    First Steps Toward Simplifying the FAFSA
    Student aid policy experts have argued for years that the Free Application for Federal Student Aid (FAFSA) is too long and too complicated. The FAFSA form is a source of confusion and frustration for many families. The policy experts have proven that the current process of applying for financial aid is itself a problem that prevents millions of students from applying ...
    Published almost 6 years ago | Rated: +10
  • +10

    Check Out FastWeb's Video Coverage of the University of California's Student Protests!

    Check Out FastWeb's Video Coverage of the University of California's Student Protests!
    UC Berkeley students are up in arms over an approved 32 percent tuition increase for all ten campuses in the University of California system that will raise yearly fees above $10,000 for the first time in history. Similar protests and sit-ins took place at UCLA and UC Santa Cruz. The regent committee endorsed the hefty hike by a vote of 10-1. ...
    Published over 5 years ago | Rated: +10
  • +10

    Five Surprising Financial Aid Facts

    Think you know financial aid? These five facts might surprise you. 1. Most students receive financial aid. If you’re not going to bother applying for scholarships because you think no one ever wins, you’re wrong. Two-thirds of full-time undergraduate students receive financial aid in the form of grants or scholarships, according to the College Board. The cost of college is rising, ...
    Published over 6 years ago | Rated: +10
  • +10

    Student Loan Over $1 Trillion: What to Know Before You Borrow

    Student Loan Over $1 Trillion: What to Know Before You Borrow
    With National Decision Day looming, students and their parents are taking a close look at top college choices and assessing academic offerings and campus body fit. But most importantly, families are taking a look at each school’s affordability. On Wednesday, the Consumer Financial Protection Bureau launched its latest tool to help educate students and their families on the costs of borrowing ...
    Published about 3 years ago | Rated: +10
  • +10

    Questions about Obtaining and Repaying Student Loans

    How will my credit score effect my ability to get the funding I need for graduate school? If my credit is not great, will I be able to get the loans I need to cover my college costs? — Katy C. The federal Stafford loan does not depend on your credit history. As a graduate student you will be able to ...
    Published over 5 years ago | Rated: +10
  • +10

    3 Tips to Appeal Financial Aid Packages

    3 Tips to Appeal Financial Aid Packages
    By now, you’ve made your final college decision, but you may still have questions about how to pay that tuition bill once it’s time. Fortunately, there are options for students and families who may not be able to afford the education that they once thought possible. Financial aid administrators are able to change their initial financial aid offer through an appeals ...
    Published 20 days ago | Rated: +10
  • +10

    College Just Got Cheaper: Federal Loan Interest Rates Drop

    College Just Got Cheaper: Federal Loan Interest Rates Drop
    If you plan to borrow to pay for school during the 2015 – 2016 school year, there’s good news ahead. The cost to borrow just got cheaper. New Stafford loans will have an interest rate of 4.29% and will save about $117 in interest over the life of a $5,500 loan, as stated by The Washington Post. Graduate students will receive ...
    Published about 16 hours ago | Rated: +10
  • +10

    Hope Scholarship Tax Credit

    The Hope Scholarship provides a federal income tax credit of up to $2,500 (40% refundable) per student based on the first $4,000 in postsecondary tuition, fees and course materials paid by the taxpayer during the tax year. The Hope Scholarship tax credit is 100% of the first $2,000 and 25% of the second $2,000. The tax credit is limited to the ...
    Published about 6 years ago | Rated: +10
  • +10

    Senator Al Franken Introduces Legislation to Standardize Financial Aid Award Letters

    Senator Al Franken (D-MN) introduced the Understanding the True Cost of College Act (S.3244) on Thursday, May 24, 2012 with bipartisan support. This legislation will standardize college financial aid award letters to help students and parents make informed decisions concerning the tradeoffs between college affordability and college quality. It will also help students and their families make smarter borrowing decisions. Students ...
    Published almost 3 years ago | Rated: +10
  • +10

    Student Loan Interest Deduction

    Student Loan Interest Deduction
    Borrowers of federal and private education loans may deduct up to $2,500 in interest as an above-the-line exclusion from income. This deduction may be taken even if the taxpayer does not itemize. Amount of the Deduction You can deduct up to $2,500 in interest on a qualified education loan. The deduction is taken as an adjustment to income, so you can ...
    Published about 6 years ago | Rated: +10
  • +10

    Clearing Up Confusion. What are Parents Responsible for on FAFSA?

    There seems to be a lot of confusion about which parent is responsible for completing the Free Application for Federal Student Aid (FAFSA), so I'm answering a few more questions on this topic. The references to "father's/stepfather's" on the FAFSA can be confusing for children of divorced parents. I'm 17 yrs old and I live with my mother and my stepfather. ...
    Published over 5 years ago | Rated: +10
  • +10

    How Do You Complete the FAFSA When a Parent is Undocumented?

    I live with my mother and my brothers. My mother is undocumented and does not work. However, I am a permanent resident and my brothers were born here in the United States. We are receiving help from welfare as food stamps and cash for needy families. We are also living in a shelter. My question is: What kind of financial aid ...
    Published almost 5 years ago | Rated: +10
Join Fastweb for FREE