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  • +24

    Federal Financial Aid and the Independent Student

    Federal Financial Aid and the Independent Student
    "I am a college sophomore and I pay for school myself. For the last two years, I have used my parents' tax information on the FAFSA. Since I pay for school myself without any help from my parents, should I list only my own tax information to be eligible for more aid?" This is a common question about the FAFSA: When ...
    Published 9 months ago | Rated: +24
  • +74

    10 FAFSA Mistakes that Affect Financial Aid

    10 FAFSA Mistakes that Affect Financial Aid
    A mistake on your FAFSA can delay the processing of your application for financial aid! About 30% of all FAFSAs were selected for verification, a process intended to identify and correct common errors. Some colleges voluntarily required 100% of FAFSAs to undergo verification. If your FAFSA is verified and contains errors, it can cost you. To avoid these errors, get started ...
    Published 9 months ago | Rated: +74
  • Rate

    Income and Financial Aid Eligibility

    In general, with the student not working and in a home with mom and dad both working, what is the maximum income they can earn and still qualify for financial aid? — Tracee N. Federal student aid is awarded based on the student and parent income and assets, household size, number of children in college and a variety of other factors. ...
    Published about 5 years ago | Rate This
  • +285

    Summer Melt: The Financial Aid Secret that Can Earn You Big Bucks

    Summer Melt: The Financial Aid Secret that Can Earn You Big Bucks
    Summertime is upon us, and you know what that means: sunshine, sandy beaches and…increasing financial aid packages? Ok, so summer and more money for college don’t exactly go hand in hand, but who’s complaining? Certainly not students. There is a little known secret in the world of college admissions and financial aid, and it’s referred to by professionals as “summer melt.” ...
    Published 7 months ago | Rated: +285
  • +119

    What You Need to Complete the FAFSA

    What You Need to Complete the FAFSA
    It's time to fill out the mother of all financial aid forms: the FAFSA. Don't worry, it's easier than you think! Before you sit down to complete the form, make sure you have all the necessary materials. You'll find that the form seems much simpler when you're prepared with all the information you need. You'll need: Your Social Security card and ...
    Published over 1 year ago | Rated: +119
  • +17

    Dropping Out Means Paying Back Financial Aid

    As if there weren't enough reasons not to drop out of school, the Department of Education has provided yet another. Students who drop out of college are required to pay back a portion of their federal-aid funds such as the Pell Grant. Even though many educators and college officials feel that students may be reluctant to accept financial aid and attend ...
    Published almost 2 years ago | Rated: +17
  • -1001

    President Obama Proposes Cuts in Aid Programs to Preserve Pell Grant

    President Obama is proposing to cut some student aid programs to maintain the maximum Pell Grant at $5,550 in 2011-12 as part of the FY2012 federal budget request. This comes after the House Republican leadership proposed cutting the maximum Pell Grant by $845 on Friday. The Pell Grant program has a $20 billion funding shortfall due to large increases in the ...
    Published almost 4 years ago | Rated: -1001
  • +54

    Your Financial Aid Deadline: 2014-2015

    Your Financial Aid Deadline: 2014-2015
    Not sure when your financial aid applications are due? Deadlines can vary by state, but the Federal Aid deadline is the same for everyone: June 30, 2015. Need your state's deadline? Don't worry! We've got you covered with a complete list of financial aid deadlines, state-by-state, for the 2014-2015 academic year. Before you check out the list, read the important information ...
    Published 10 months ago | Rated: +54
  • +11

    Student Aid and Scholarships for Second Degree Students

    I am thinking about going back to school to get a second bachelors degree. Because I already have a B.A. degree, it seems that I am not able to receive any aid other than student loans. Is this true or am I missing something? — Josh S. Student with a prior Bachelor's degree are ineligible for the Pell Grant, Academic Competitiveness ...
    Published over 5 years ago | Rated: +11
  • +14

    How Do I Become Independent on the FAFSA If I Am Under Age 24?

    If my son applies for public assistance and does his own financial aid, will he be able to apply as independent next year? In addition, (assuming he's able to) would I be able to claim him on my income tax returns this year? He is 19 years old. My goal is to get him as much financial aid as possible. I ...
    Published over 3 years ago | Rated: +14
  • +250

    Would Forgiving Student Loans Stimulate the Economy?

    Would Forgiving Student Loans Stimulate the Economy?
    Several grass-roots groups were established on Facebook in early 2009 calling for the cancellation of all student loan debt under the theory that this will stimulate the economy. Most noteworthy is the group Cancel Student Loan Debt to Stimulate the Economy (see also www.forgivestudentloandebt.com) founded by Robert Applebaum, a New York attorney. This group has grown to have more than 220,000 ...
    Published over 5 years ago | Rated: +250
  • +29

    How to Deal if Your Parents Won't Pay

    How to Deal if Your Parents Won't Pay
    Unfortunately, federal aid isn't distributed on whether or not your parents want to pay for your education; it all depends on if they can. Parents have many reasons for not contributing to their child's education: can't afford it; it's the child's responsibility; sticky divorce. But your parents refusal actually hurts you more than they may know. Regardless of your parents' reasons, ...
    Published almost 2 years ago | Rated: +29
  • +321

    President Obama Simplifies the FAFSA for You

    President Obama Simplifies the FAFSA for You
    In a statement today, the Obama Administration announced sweeping changes to the FAFSA. Families filling out the FAFSA will no longer have to go through such a painstaking process just to see if they qualify for aid. With the new changes, the online FAFSA will see a drop from 30 screens of questions to 10, according to CNN. The goal, according ...
    Published over 5 years ago | Rated: +321
  • +36

    30 Money Saving Tips for Students

    30 Money Saving Tips for Students
    Do you have fine wine tastes on a cheap beer budget? It’s ok – most college students are living on a budget. If not, they’re likely students getting themselves into a cycle of debt. While neither is fun or easy, you can become smarter about the way you spend your money. Keep in mind that the key to financial success is ...
    Published 6 months ago | Rated: +36
  • +253

    Grads to Get a Break on Student Loan Payments

    Grads to Get a Break on Student Loan Payments
    If you're struggling to make your monthly student loan payments on your measly first-job salary, you're not alone. The good news is, the government is taking notice -- and changing the game to make sure monthly payments don't cripple college grads. Even better, whatever you haven't paid off after 25 years may be forgiven. With this new option, instead of calculating ...
    Published over 5 years ago | Rated: +253
  • +14

    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: +14
  • +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 over 5 years ago | Rated: +166
  • +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 over 5 years ago | Rated: +17
  • +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 about 5 years ago | Rated: +12
  • +8

    Students Lose Financial Aid for Failure to Make Satisfactory Academic Progress

    I have been attending college for some time now. Ever since my mom passed away I have been really shaking with some of my classes. Last semester I did decent: I got an A, two Cs and a D. But my appeal for financial aid got denied. I had to pay out of pocket for the spring semester and I won't ...
    Published over 3 years ago | Rated: +8
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