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FAQs about Financial Aid

FAQs about Financial Aid

FAQs about Financial Aid Here are some of the most commonly asked questions about financial aid. Topics: 1. General Questions about Eligibility and Applying 2. FAFSA Questions 3. Home Schooling and ...

FinAid.org
Published November 4, 2010
Going Out of State Can Cost You

Going Out of State Can Cost You

Going out of state could cost you.

By Emilie Le Beau
Published April 21, 2009
Dad Died, Mom Remarried; Grandma Moved In. How do These Changes Affect My FAFSA?

Dad Died, Mom Remarried; Grandma Moved In. How do These Changes Affect My FAFSA?

We recently had an addition in the family. Not a new sibling, but my mother's mom is now living with us. She's great and we love having her, but she's not ...

Mark Kantrowitz
Published November 16, 2009
Questions about Net Assets and Changes in Marital Status

Questions about Net Assets and Changes in Marital Status

On the asset section of the FAFSA form if you have $100,000 in stocks but also have a $75,000 margin loan balance would you net this out and put down $25,000 ...

Mark Kantrowitz
Published February 15, 2010
Not All "Need" is Created Equal

Not All "Need" is Created Equal

Your opinion of "broke" may not be the same as your college's financial aid office's.

By Ryan Uricks
Published April 21, 2009
10 FAFSA Mistakes that Affect Financial Aid

10 FAFSA Mistakes that Affect Financial Aid

Avoid frustration with the FAFSA by being prepared.

Published April 4, 2016
Types of Aid: Dollars for Change

Types of Aid: Dollars for Change

With college costs rising, most students need help paying for higher education. And most will rely on more than one source to cover costs. Learn how to put together the pieces ...

By Kay Peterson, Ph. D.
Published September 4, 2008
Tips for Evaluating Financial Aid Award Letters

Tips for Evaluating Financial Aid Award Letters

Financial aid award letters provide college students with information about college costs and the types and amount of financial aid the student will receive. Families rely on the financial aid award ...

Mark Kantrowitz
Published December 10, 2010
Wells Fargo Adds Death and Disability Discharges to Private Student Loans

Wells Fargo Adds Death and Disability Discharges to Private Student Loans

Wells Fargo announced on December 17, 2010 that it is adding death and disability discharges to its private student loan products. When the student borrower dies or becomes totally and permanently ...

Mark Kantrowitz
Published December 18, 2010
Best Strategies for Paying off Debt Quicker

Best Strategies for Paying off Debt Quicker

Suppose you've made the required payments on all your loans and want to use some extra money to pay off your debt quicker. How do you choose which loan to pay ...

Mark Kantrowitz
Published October 11, 2010
The FAFSA - Step One for Financial Aid

The FAFSA - Step One for Financial Aid

Applying for financial aid is easier than you think. Your first stop: the (FAFSA). For many schools, this is the only form you need. What is it? The FAFSA is the ...

By Kay Peterson, Ph.D.
Published December 31, 2012
How does bankruptcy affect PLUS loan eligibility?

How does bankruptcy affect PLUS loan eligibility?

I applied for a Parent PLUS loan for my son's education starting this fall. I was turned down due to filing chapter 7 four years ago this October. They said I ...

Mark Kantrowitz
Published September 1, 2009
Questions about How to Handle an Inheritance and Scholarships for Cancer Survivors

Questions about How to Handle an Inheritance and Scholarships for Cancer Survivors

Our son is a sophomore in college. He receives both subsidized and unsubsidized loans. My husband and I have been paying the remaining balance for his education. I recently inherited approximately ...

Mark Kantrowitz
Published November 1, 2010
How to Handle a Tuition Hike

How to Handle a Tuition Hike

How would you cope with a hike in tuition?

By Sandra Guy
Published September 4, 2008
Book It: How to Find Cheaper Textbooks

Book It: How to Find Cheaper Textbooks

The price of textbooks has risen at twice the rate of inflation (.pdf) over the last 20 years according to the Government Accountability Office. Even used books don't soften the blow. ...

Chris Diehl
Published June 4, 2008
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 ...

By Bridget Kulla and Mark Kantrowitz
Published September 2, 2008
Total College Debt Now Exceeds Total Credit Card Debt

Total College Debt Now Exceeds Total Credit Card Debt

Total student loan and credit card debt outstanding as of June of each year.

Mark Kantrowitz
Published August 11, 2010
Bailout Yourself--Tips for College Savings

Bailout Yourself--Tips for College Savings

Even though the bailout bill has been passed, most Americans are still wary of future financial woes. Students are especially worried, seeing as their funding for college is tied up in ...

By Kathryn Knight
Published March 23, 2009
What Counts as Child Support on the FAFSA?

What Counts as Child Support on the FAFSA?

I am very grateful to Fastweb for providing all that you do. I am especially grateful for your answers to questions. I agreed (outside of the courts) to pay my daughter's ...

Mark Kantrowitz
Published February 8, 2010
Cost of Raising Children from Birth to High School Graduation Up 0.5% to $222,360

Cost of Raising Children from Birth to High School Graduation Up 0.5% to $222,360

The US Department of Agriculture estimates that middle-income two-parent families will spend $222,360 in 2009 dollars to raise a child born in 2009 from birth to high school graduation. The cost ...

Mark Kantrowitz
Published May 28, 2010