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  • +22

    Why the FAFSA May Soon be Extinct

    Why the FAFSA May Soon be Extinct
    With President Barack Obama's inauguration, many people are looking forward to the changes he promised during his campaign in 2008. He set specific goals in evolving the college application and attendance process. One specific plan is the American Opportunity Tax Grant. Another is the elimination of the FAFSA. President Obama and Vice President Biden hope to streamline the process of applying ...
    Published over 5 years ago | Rated: +22
  • +4

    How the Increase in Financial Aid Applications Will Affect You

    How the Increase in Financial Aid Applications Will Affect You
    Colleges all over the country are seeing a rise in applications for federal financial aid. In 2008, more than a million more students applied for financial aid, marking a 10.5% increase from 2007. In the first quarter of 2009, applications for financial aid are up 20.8% as compared with the first quarter of 2008. Not only are more students applying for ...
    Published over 5 years ago | Rated: +4
  • -2

    What to Do If Your Financial Aid Is Not Enough

    You want to go to college, but you can't meet the costs. According to financial aid expert Gary Williams, all may not be lost: After all of the work it takes to be successful in high school and gain admission to college, it can be extremely disappointing if your family cannot afford tuition. To avoid this situation, take a few basic ...
    Published almost 6 years ago | Rated: -2
  • +3

    Quick Tips for Filing Your FAFSA

    Filling out the FAFSA can be tricky. Keep these tips in mind and you shouldn't have any problems. Identify Yourself Use your legal name as it appears on your Social Security card. Nicknames or aliases will cause a processing delay. Read the questions carefully. The words "you" and "your" on the FAFSA always refer to the student, not the parents. To ...
    Published almost 6 years ago | Rated: +3
  • +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 almost 6 years ago | Rated: +10
  • +11

    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 of your financial aid package. Grants Grants are awards based on financial need or funds distributed to support a specific project (e.g. research grants). This is free money that doesn't ...
    Published almost 6 years ago | Rated: +11
  • +7

    The Procrastinator's Guide to Financial Aid

    When it comes to financial aid, late is often too late. Funds for next year are already allotted, and your school simply has nothing more to give. But don't give up until you consider these options: Step 1: Check out your school's Web site. Many sites provide information about the school's late applicant policies, additional suggestions for late applicants and links ...
    Published almost 6 years ago | Rated: +7
  • +9

    How to Pay for Grad School

    How to Pay for Grad School
    Earning a graduate degree can be a smart idea, but how do you find the funding to pay for an expensive advanced degree? There are ways to earn a graduate degree without ending up with a lot of debt. Figure Out How Much Money You'll Need First, figure out the expenses associated with getting a degree. Don't just focus on tuition ...
    Published almost 6 years ago | Rated: +9
  • +8

    Evaluating Financial Aid Consultants

    Without a doubt, figuring out how to pay for college can be a pretty stressful experience. You might be considering a financial aid consultant to help you through the college cost maze. Financial aid consultants provide advice and services to make the financial aid process a little easier. But before you choose a consultant, there are some things you should consider. ...
    Published almost 6 years ago | Rated: +8
  • +18

    Bridge the Financial Aid Gap

    For many college-bound students the anticipation of higher education is overshadowed by financial anxieties. With tuition rising faster than financial aid dollars, more students are finding gaps in their financial aid packages. The gap appears when the student's expected family contribution (EFC) plus the school's financial aid package don't equal the cost of attendance. This gap appears as unmet need on ...
    Published almost 6 years ago | Rated: +18
  • +51

    Loans 101: the Basics of Borrowing

    Loans 101: the Basics of Borrowing
    If you're a current or future college student, chances are good that you're considering a student loan. Before you make any decisions, it pays to understand the basic principles behind borrowing. All loans consist of three components: The interest rate, security component and term. The Interest Rate The interest rate is the lender's charge for the use of their money. The ...
    Published almost 6 years ago | Rated: +51
  • +9

    Defaulting on Student Loans

    Missing payments on your student loan has serious consequences. If you're making monthly payments and you're 270 days delinquent, or 330 days delinquent if you pay less often than monthly, then you are in default. Your Borrowing Responsibilities It's important to read the fine print when you borrow money for school. Unless you're granted loan deferment, forbearance or forgiveness, you must ...
    Published almost 6 years ago | Rated: +9
  • +16

    Financial Aid for Military Service

    The Army, Navy, Air Force, Marine Corps and Coast Guard can offer a lot of assistance for students heading to college. Whether you're a veteran, a child or spouse of a veteran, or a student planning a career in the military, there are programs that can help fund your college career. Funding for Veterans and Veterans' Dependents To repay service in ...
    Published almost 6 years ago | Rated: +16
  • +16

    Figuring College Cost: The Package Deal

    When you want to know what something costs you check the price tag, right? But sometimes it's not so simple. Compare going to a big-ticket school with attending a college with less expensive tuition. You might think it's easy to figure out which will cost you more. But in fact, every school figures out your financial aid package differently. And that ...
    Published almost 6 years ago | Rated: +16
  • +18

    State-Based Tuition Breaks

    You may already know about federal aid for college, but did you know your state could help out as well? Most states offer financial incentives to residents as well as awards based on academic merit and financial need. In-state Assistance States have a lot of reasons for offering grants to students who attend in-state colleges and universities. "We want to keep ...
    Published almost 6 years ago | Rated: +18
  • +13

    How to Handle a Tuition Hike

    How to Handle a Tuition Hike
    Colleges and universities hit by state and federal funding cuts are shocking students with mid-year tuition hikes. How can students, already squeezed for money, cope with such unexpected sticker shock? Don't Panic Don’t panic, experts say. Students should discuss the situation with their families first, said Seamus Harreys, dean of student financial services at Northeastern University in Boston. “Many families have ...
    Published almost 6 years ago | Rated: +13
  • +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 6 years ago | Rated: +22
  • +4

    Guide to Student Loans

    Sometimes, the hardest thing about college or graduate school is paying for it. Scholarships, grants and work-study can help, but to fill the financial aid gap, most students will need to take out loans. There are a number of loan programs available. To pick the best one for you, check out all your options: Federal Family Education Loan Program (FFEL) vs. ...
    Published about 6 years ago | Rated: +4
  • +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 6 years ago | Rated: +19
  • +22

    How to Talk to Your Teen About Money

    How to Talk to Your Teen About Money
    Did you know that your children’s credit scores may be more important to their future than their academic transcripts? Or that 68 percent of high school and college students say they have never had a meaningful conversation with their parents about personal finances? What’s your reaction to an Indiana University administrator candidly admitting that they lose more students to credit cards ...
    Published about 6 years ago | Rated: +22
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