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  • +7

    Vietnam Era Veteran Needs Help Paying for Graduate School

    I will soon be 60 and have returned to school to get a Master's degree in Psychology as I could not get a job here with a BA and compete with younger people. I have used up my GI bill (Vietnam era Navy vet), received a loan for money for school, but have to live off of that as well as ...
    Published over 2 years ago | Rated: +7
  • +3

    How is a Life Estate Treated on the FAFSA? Do the Restrictions Matter?

    How is a life estate reflected on the FAFSA? A student's parent has a deed with student's grandparent having life use of the property through a life estate. Please be New York state specific with the response. — T.G. A life estate involves an irrevocable grant of a future interest in a property while reserving a present interest in the property. ...
    Published over 1 year ago | Rated: +3
  • +7

    Sequestration Cuts Federal Student Aid Funding

    Congress did not reach an agreement to reduce the FY2013 budget deficit on March 1, 2013. Accordingly, the automatic across-the-board budget cuts known as sequestration will become effective on March 27, 2013, cutting funding for some federal student aid programs for the remainder of the FY2013 budget year and 2013-14 award year. The US Department of Education has issued preliminary guidance ...
    Published over 1 year ago | Rated: +7
  • +14

    How Does a Parent Enrolling in College Affect the Child's Financial Aid?

    My daughter is hoping to attend a private college next year. Of course, we will be applying for financial aid and as many scholarships as we can find! My husband works full time and I have always worked full time. In late February, I was temporarily laid off from my job. I should be returning to work on a part-time basis ...
    Published over 3 years ago | Rated: +14
  • +7

    How To Ask Friends and Family for Money for a Child's College Savings Plan

    In a Fastweb survey of high school and college students about preferred holiday gifts, more than half of the respondents said that they were hoping for money for college. But asking for money is awkward. It feels like begging. Most people are uncomfortable asking for money, even for a good purpose. Asking for gifts of money is taboo in the United ...
    Published over 3 years ago | Rated: +7
  • +2

    Aboriginal Art and College Cost Bubbles

    Aboriginal Art and College Cost Bubbles
    What does Australian aboriginal art have to do with college costs? Read on. When I was a research scientist at a software laboratory over a decade ago, I purchased a few paintings by aboriginal artists during a trip to Australia to present a paper at an international computer science conference. Australian aboriginal art is intriguing because it is both primitive and ...
    Published almost 3 years ago | Rated: +2
  • +8

    Financial Aid and Scholarships for Foster Care and Adopted Children

    I adopted a special needs foster child when he was 11 years old. I have been told he does not qualify for any aid. I recently learned that if I would have adopted him at age 13 he would of received a full scholarship. My son wants to attend a private college at approximately $43,000 per year. Do you have any ...
    Published about 2 years ago | Rated: +8
  • -1

    Potential Impact of the Fiscal Cliff on Federal Student Financial Aid

    The Budget Control Act of 2011 enacted automatic across-the-board spending cuts in the federal budget if Congress in unable to achieve specified reductions in overall spending on its own. This process is called sequestration. The White House's Office of Management and Budget released a 394-page report on Friday, September 14, 2012, detailing the specific budget lines in the FY2013 budget that ...
    Published about 2 years ago | Rated: -1
  • +5

    Impact of Capital Gains on Eligibility for Need-Based Financial Aid

    Families often sell investments such as stocks, bonds and mutual funds to pay college bills. If these investments are not held within a 529 college savings plan or other qualified tuition plan, however, the capital gains from selling the investments can hurt the student's eligibility for need-based financial aid. Capital gains occur when you sell an asset that has appreciated in ...
    Published over 3 years ago | Rated: +5
  • +13

    Congress Raises Debt Ceiling, with Shifts and Cuts in Student Aid Funding

    Congress passed the Budget Control Act of 2011 on Tuesday, August 2, 2011, raising the debt ceiling at the last minute. The debt deal cuts some student loan benefits, especially for graduate and professional students, but avoids a more severe cut in government grants for undergraduate students. The Budget Control Act of 2011 passed the US House of Representatives by a ...
    Published over 3 years ago | Rated: +13
  • +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 almost 3 years ago | Rated: +11
  • +28

    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 9 months ago | Rated: +28
  • +37

    Crowdfunding for College

    Crowdfunding for College
    Crowdfunding, the latest trend in the startup craze, allows the public to view and donate to causes and projects via a public platform. Students have jumped on the bandwagon, utilizing crowdfunding resources to fund the often astronomical student loans that have accumulated. Here are some resources that students can utilize crowdfunding for debt payment, as well as manage a current financial ...
    Published 3 months ago | Rated: +37
  • +6

    Does the Cash from a Cash-Out Refinance Count as an Asset on the FAFSA?

    My daughter is a high school junior. I have just refinanced with cash out for a home remodel to accommodate my aging parents. However the remodel is delayed and the money is still in our account. The remodel should be completed and the money spent by the time my daughter starts her senior year. Will this money be counted as asset ...
    Published almost 2 years ago | Rated: +6
  • +3

    Student Loan Debt Clock Reaches $1 Trillion

    Student Loan Debt Clock Reaches $1 Trillion
    The student loan debt clock reached the $1 trillion milestone at about 6:40 am ET on Tuesday, May 8, 2012. Although the student loan debt clock is for entertainment purposes only, reaching this milestone demonstrates that student loan debt is a macroeconomic factor, with the potential to affect the economy, albeit modestly at present. Student loan debt will not derail the ...
    Published over 2 years ago | Rated: +3
  • +7

    Year-End Financial Aid Moves

    As the year draws to a close, there are several steps families can take to get more need-based and merit-based financial aid. Prepay Next Year's Tuition Taxpayers can claim one of two education tax credits based on amounts paid for qualified higher education expenses, such as tuition and fees. These are the American Opportunity Tax Credit (AOTC) and the Lifetime Learning ...
    Published almost 2 years ago | Rated: +7
  • +28

    Money Saving Advice for College Students

    Money Saving Advice for College Students
    Saving money as a college student is critical. The more you save, the better off you'll be. And, while plenty of expenses arise, there are also plenty of overlooked opportunities for students to save. Don't allow yourself to overlook these opportunities! If there's ever a time to live frugally, college is it. You're currently in a very unique situation where frugality ...
    Published 3 months ago | Rated: +28
  • +10

    7 Resources for Returning Students Paying for College

    7 Resources for Returning Students Paying for College
    As a returning student, you may feel that the scholarship search will be fruitless, financial aid will be nonexistent and that there are more inconveniences rather than benefits to going back to school. But that’s not the case at all. In fact, there are more than a few resources at your disposal to help you pay for school too. Independent Student ...
    Published 3 months ago | Rated: +10
  • +8

    Can a Parent Count a Child in Household Size and Also Report Amounts Paid in Child Support on the FAFSA?

    I am the custodial parent for my son and college-bound daughter. It seems like the form assumes that only non-custodial parents pay child support! However, I still pay their mother child support of over $1,600/month (they are with her slightly less than half the time). Do I report those child support payments on the FAFSA where it asks for "child support ...
    Published about 3 years ago | Rated: +8
  • +3

    How Accurate are the Net Price Figures from Colleges and College Navigator?

    How believeable and reliable are the net price values quoted on the College Navigator web site? My granddaughter is interested in two public universities, one in Wisconsin and one in Minnesota. Each has an online net price calculator. The Wisconsin university is $13,948 and the Minnesota university is $18,318. But on the College Navigator web site the costs are $14,063 and ...
    Published about 3 years ago | Rated: +3
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