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  • +166

    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 almost 6 years ago | Rated: +166
  • +12

    Why Do Students Drop Out of College?

    A study funded by the Bill and Melinda Gates Foundation found that the main reason why students drop out of college is the conflict between school and work and family commitments. The study, With Their Whole Lives Ahead of Them, was conducted by Public Agenda, a nonprofit and nonpartisan public policy research organization. Many students who drop out of college have ...
    Published over 5 years ago | Rated: +12
  • +17

    The Recession-ized Loan Guide

    The Recession-ized Loan Guide
    You have to be completely oblivious to not know about the barrage of bailouts by the federal government by now. Unfortunately though, there is no news on a possible student loan bailout. So for now, students need to simply get smart on future loan opportunities. Even though you're already in school, it's not too late to get more help. Federal Student ...
    Published almost 6 years ago | Rated: +17
  • +9

    How Do I Transfer Financial Aid from One College to Another?

    If I change schools, how do I edit my FAFSA so the money goes to my new school? And about how long would it take for the money to transfer schools? — Q.T. Student financial aid does not directly transfer between colleges. Instead, the new college will recalculate your eligibility from scratch based on the information on your FAFSA and the ...
    Published about 4 years ago | Rated: +9
  • +116

    How Obama Can Help Pay Your Tuition

    How Obama Can Help Pay Your Tuition
    President Barack Obama has vowed to make education a top priority. But what does that mean for you? According to Education.com, America lags behind many nations in the world when it comes to making college affordable. To make college more affordable for Americans, Obama plans center around two goals: his American Opportunity Tax Credit and freeing up more money for aid ...
    Published almost 6 years ago | Rated: +116
  • +24

    Trick or Treat: President Obama's Plan for Cutting Federal Student Loan Payments

    Income-based Repayment Who: 1.6 million borrowers since 2008 with at least one loan in 2012 or later, generally borrowers whose total federal student loans exceeds their annual income What: Reduces cap on monthly loan payments by a third, from 15% of discretionary income to 10%, and forgives the remaining debt in 20 years instead of 25 When: Starts in 2012 ...
    Published over 3 years ago | Rated: +24
  • +19

    The Horrors of Defaulting on Education Debt

    The Horrors of Defaulting on Education Debt
    This is a cautionary tale of the consequences of defaulting on education debt, based on the experiences of seven borrowers of federal and private student loans. The stories are all true, but names and inconsequential details have been changed to protect the borrowers. Education debt is a necessary evil. Most students graduate from college with debt. For example, seven out of ...
    Published over 5 years ago | Rated: +19
  • +80

    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 almost 6 years ago | Rated: +80
  • +44

    15 Financial Aid Questions You Need to Ask

    15 Financial Aid Questions You Need to Ask
    1. What types of financial aid do you offer? What are the requirements for need-based aid and for merit-based aid? 2. How much debt do students have when they graduate? What percentage of students graduate with debt? 3. If I get a work-study job, how many hours will I be required to work per week? Are part-time jobs available to students ...
    Published about 1 month ago | Rated: +44
  • +13

    Secrets to Settling Defaulted Federal Student Loan Debts for Less than What You Owe

    Your federal student loans are in default and collection agencies are calling you dozens of times a day. They are threatening to garnish your wages, offset your income tax refunds and ruin your credit. They may even have crossed the line into harassment, calling you a worthless person and threatening you with physical harm. Are there any ways of getting out ...
    Published almost 5 years ago | Rated: +13
  • +55

    Congress Passes Legislation Ending the Federally-Guaranteed Student Loan Program

    Congress Passes Legislation Ending the Federally-Guaranteed Student Loan Program
    The US House of Representatives passed the Student Aid and Fiscal Responsibility Act of 2009 (SAFRA) on September 17, 2009 by a party-line vote of 253 to 171. This legislation eliminates the federally-guaranteed student loan program and replaces it with 100% direct lending from the federal government. SAFRA uses the savings to fund an increase in the Pell Grant program among ...
    Published over 5 years ago | Rated: +55
  • +150

    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 on January 25, 2010. Debt would also be forgiven after 20 years in repayment. This proposal would enhance the income-based repayment plan which was enacted by Congress as part of ...
    Published about 5 years ago | Rated: +150
  • +105

    Save Thousands on Your Student Loan Repayment. Take Action July 1st.

    Save Thousands on Your Student Loan Repayment.  Take Action July 1st.
    On July 1st, borrowers who have federal loans with a variable interest rate will be able to take advantage of some of the lowest interest rates in the history of student loan programs through loan consolidation. Borrowers who consolidate will not only save themselves a lot of hassle but a great deal of money as well. The new interest rates will ...
    Published almost 5 years ago | Rated: +105
  • +127

    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 almost 6 years ago | Rated: +127
  • +18

    How to Minimize Student Loan Debt

    How to Minimize Student Loan Debt
    This article discusses the need to minimize student loan debt and provides more than a dozen practical tips on ways to reduce borrowing for college costs. Try to avoid overborrowing for your college education. Do not treat loan limits as targets. A good rule of thumb is that your total education debt for your entire college education should be less than ...
    Published about 4 years ago | Rated: +18
  • +438

    Obama Promises to Show Students the Money

    Obama Promises to Show Students the Money
    Stephanie Stevenson’s parents always encouraged her to pursue higher education, saying it would not only make her a better person but a better citizen. Stevenson has taken this to heart by achieving high grades at the University of Maryland and plans to gain a Ph.D. in Public Policy and Urban Planning. Today, at a White House Press Conference on Higher Education, ...
    Published almost 6 years ago | Rated: +438
  • +29

    Programs and Scholarships to Pay Off Student Loans

    Programs and Scholarships to Pay Off Student Loans
    If you’re like the millions of students looking for a way out of your student loans; I've got good news for you. There are alternatives but, as with most things in life, there’s a tiny catch. What's the catch? If you’re willing to do some good for the world (gasp!) and volunteer, there are plenty of programs that will be willing ...
    Published about 1 year ago | Rated: +29
  • +21

    Top Ten Myths About Scholarships

    Top Ten Myths About Scholarships
    There are many myths about who wins private scholarships and the benefits of winning scholarships. These myths can be harmful if they give students and their families unrealistic expectations about their ability to win scholarships. Some myths cause students to underestimate their eligibility for scholarships, discouraging them from applying for scholarships. Other myths cause students and parents to overestimate their eligibility ...
    Published over 3 years ago | Rated: +21
  • +13

    When Will the Financial Aid Award Letter Arrive?

    I am new to all of this and I am wondering how soon we find out how much financial aid we will be getting. My son has been accepted at 3 colleges and each one wants money to secure his place. One is way more expensive than the others but if we get enough aid he can go there. The deposit ...
    Published about 4 years ago | Rated: +13
  • +285

    February is Financial Aid Awareness Month

    February is Financial Aid Awareness Month
    February is one short month jam-packed with tons of important events! Yep, February claims Groundhog's Day, Black History Month, Ash Wednesday, Valentine's Day and President's Day. While you probably thought that was enough to fill such a short month, there's one very important celebration that takes place all month long that you likely overlooked. But, at Fastweb, it's one of our ...
    Published 3 months ago | Rated: +285
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