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  • +9

    Get Help Completing the FAFSA: Resources for You

    Get Help Completing the FAFSA: Resources for You
    The FAFSA is a lengthy form, and somewhat complicated. Be sure to read the instructions before completing the form. Most questions about the FAFSA can be answered just by reading the instructions carefully. You will need the Title IV Institution Code for each school to which you are applying in order to complete the FAFSA. You can get this code from ...
    Published 6 months ago | Rated: +9
  • +19

    Changes to the 2012 - 2013 FAFSA

    Changes to the 2012 - 2013 FAFSA
    For many students, January 1 is doomsday. It’s the day the FAFSA application becomes available, triggering an overwhelming sense of dread as students either fill out the FAFSA alone or with their parents. Fortunately, the FAFSA gets easier each year as the Department of Education continues to make improvements to the application system and the designation of federal aid. Before we ...
    Published over 3 years ago | Rated: +19
  • +24

    Guide to Financial Aid Award Letters

    Guide to Financial Aid Award Letters
    After you submit your application for financial aid, you will receive a financial aid award letter from the college(s) to which you applied, typically in early to mid-April. This letter spells out the details of your financial aid package. A financial aid package is a collection of different types of financial aid from multiple sources. It is intended to help you ...
    Published over 2 years ago | Rated: +24
  • +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 almost 3 years ago | Rated: +3
  • +22

    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 the assets counted for determining need-based financial aid? — S.S. Certain types of assets are not reported on the Free Application for Federal Student Aid (FAFSA). For example, the net ...
    Published over 4 years ago | Rated: +22
  • +17

    Free College Tuition for Veterans at Select Schools

    Free College Tuition for Veterans at Select Schools
    Just a few weeks ago, Colorado State University announced that it would cover the complete cost of a higher education for veterans – and not just tuition and fees. CSU is shelling out on housing, textbooks and meal plans too. Colorado State is just one of dozens of colleges and universities around the country participating in the Yellow Ribbon Program. According ...
    Published about 4 years ago | Rated: +17
  • +19

    Help Your Teen Stay Debt Free in College

    Help Your Teen Stay Debt Free in College
    Tom is a graduate student at a Midwestern university completing a major research and writing project on student credit card debt. When Tom was in college, he built up $15,000 of credit card debt because he never learned how to use credit cards responsibly. In some ways, Tom was fortunate. He didn’t suffer many of the consequences of getting into that ...
    Published about 7 years ago | Rated: +19
  • +8

    How Does Bankruptcy Affect Eligibility for Student Financial Aid?

    How does a chapter 13 bankruptcy affect financial aid? Would it be difficult to get financial aid for my child because my husband and I filed chapter 13 about 2 years ago? — C. F. A previous bankruptcy can affect eligibility for some education loans but it does not affect eligibility for other forms of financial aid. The Bankruptcy Reform Act ...
    Published about 4 years ago | Rated: +8
  • +6

    Why Your Grandparents Could be Your Meal Ticket to College

    Why Your Grandparents Could be Your Meal Ticket to College
    There are many ways in which grandparents can help their grandchildren pay for a college education. These include legacy scholarships and tuition assistance programs, educational awards for volunteering and community service, college savings plans and direct gifts. Scholarships for Grandchildren Very few scholarships are based on a grandparent's affiliations. There are many more awards based on a parent's affiliations. However, sometimes ...
    Published over 6 years ago | Rated: +6
  • +11

    What’s New on the 2015-16 FAFSA?

    What’s New on the 2015-16 FAFSA?
    The FAFSA for next school year will be released on January 1. All students, especially those that hope to benefit from financial assistance, need to complete the form as soon as possible after this date. Even if you didn’t qualify for financial aid last year, it’s still vital that you complete the form this year. For those of you who did ...
    Published 8 months ago | Rated: +11
  • +22

    The Ins & Outs of Buying a Computer for College

    The Ins & Outs of Buying a Computer for College
    A computer for college is essential but can add a hefty expense to your budget, so choose wisely. Consider these points when computer shopping: Desktop or Laptop? Laptops are more portable and since many campuses and public areas provide wireless Internet service, you won’t be limited to your dorm room to work. If your courses will involve travel or fieldwork, a ...
    Published almost 7 years ago | Rated: +22
  • +12

    What Happens If You Deliberately Don't Report Assets on the FAFSA?

    I'm doing everything possible to lower my EFC. I have assets, UTMA, mutual funds, stocks and I know they hurt my chances of receiving free money (Federal or state grants). I was thinking of cashing in the assets and putting them in a safety deposit box. That way I won't have to claim them on the FAFSA because they are no ...
    Published over 4 years ago | Rated: +12
  • +29

    Tuition Saving Tips

    Tuition Saving Tips
    Oh, tuition. Some consider it a nasty word and rightfully so. It’s expensive and can hang over a student’s head throughout college and for years to come. But there are ways to save on tuition – you just need to become savvy about it. It takes time and effort, but when you’re talking about that much money, it’s more than likely ...
    Published 20 days ago | Rated: +29
  • +8

    White House Releases Model Financial Aid Award Letter "Shopping Sheet"

    White House Releases Model Financial Aid Award Letter "Shopping Sheet"
    The Obama administration revealed the final design for a standardized financial aid award letter on July 24, 2012. This one-page financial aid "shopping sheet" will provide students and their families with clear and easy to understand information about college costs and financial aid. It will enable families to compare college costs and financial aid offers side by side, helping them make ...
    Published about 3 years ago | Rated: +8
  • +7

    Does Financial Aid Cover Room and Board in Addition to Tuition and Fees?

    Does Financial Aid Cover Room and Board in Addition to Tuition and Fees?
    I am currently a senior at a high school. If I want to dorm at a private university, which adds $10,000 more to the $40,000 tuition, do the universities take into account the financial aid as a whole thing with tuition and room and board, or do they just give financial aid for the tuition? To simplify this, my total costs ...
    Published over 4 years ago | Rated: +7
  • +21

    Borrowing for College: How Much is Too Much?

    Borrowing for College: How Much is Too Much?
    Too much of a good thing can be bad, as Shakespeare demonstrated, and the axiom is true of student borrowing for college. Students may believe it is difficult enough worrying about the big exam next week or whom to take to the spring dance. Yet students must stretch themselves and imagine a much greater consequence, years into the future, when they ...
    Published 2 months ago | Rated: +21
  • +4

    Will Filing Income Tax Returns as Married Filing Separately Affect Eligibility for Student Financial Aid?

    My husband and I separated last year and are living at separate addresses. We have not filed for divorce yet or a formal separation. We are considering filing our taxes as married filing separately. I am currently a student at an online university and will need to fill out my FAFSA soon. Although my soon to be ex-husband makes about $75,000 ...
    Published almost 4 years ago | Rated: +4
  • +42

    How Will The Student Loan Bill Affect Students?

    How Will The Student Loan Bill Affect Students?
    The US House of Representatives approved the student loan and health care reform legislation on Sunday night, March 21, 2010, by a vote of 220 to 211. No Republicans voted in favor of the legislation. The US Senate is expected to pass the legislation within about a week. The student loan bill will end the federally-guaranteed student loan program, where banks ...
    Published over 5 years ago | Rated: +42
  • +17

    Total College Debt Now Exceeds Total Credit Card Debt

    Total College Debt Now Exceeds Total Credit Card Debt
    As of June 2010, total student loan debt passed total credit card debt for the first time. According to the Federal Reserve's statistical release, G.19 Consumer Credit, the seasonally adjusted revolving credit totaled $826.5 billion as of June 2010. As much as 98% of revolving credit is credit card debt. Student loan debt outstanding totaled at least $830 billion as of ...
    Published almost 5 years ago | Rated: +17
  • +9

    Free Money for College Savings

    There are a variety of national, state and local programs that encourage families to save for college by providing families with free money. There are two main types of such programs: 1. Birthday Present. Such programs provide contributions of $100 to $1,000 as seed money in the college savings plan when the parents open a new 529 college savings plan before ...
    Published over 4 years ago | Rated: +9
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