Archive for the 'financial aid' Category

22 Aug

Raising Cash for College with Private Scholarships

As the lazy days of summer slip away, high school students can take advantage of   their free time to help fill the family college coffers with private scholarship winnings. And why should your child consider giving up precious time at the beach or the mall? Simple. If you’re like most parents, the net cost of college will need […]

27 Dec

FAFSA Time is (Almost) Here Again

It’s time to prepare for financial aid season because the online Free Application for Federal Financial Aid (FAFSA) becomes available to fill out on January 1st.  Due to the fact that many colleges award federal and school-specific aid on a first-come, first-served basis, you’ll want to be prepared ahead of time so you can get […]

13 Sep

More Bad News for Financial Aid Hopefuls

Students hoping for “institutional” financial aid–those helpful funds that come directly from the college itself–in the 2010-2011 school year have yet another strike against their chances: significantly dropping annual funds. Less Give… A recent study for 2009 (a year that already saw many schools making big aid cuts) showed that donors gave less than usual to […]

30 Aug

College Loses Millions to Financial Aid Error

Alabama’s Birmingham-Southern College officials had a shock when they recently reviewed their financial aid spending: they discovered that they have been over-awarding financial aid to students for years, an error that will cost them millions of dollars. Suffering the Consequences While the college plans to honor the award letters given out to their students, the error […]

22 Apr

Dartmouth’s Free-for-All Tuition Plan Scrapped

The elite private universities have often been forerunners when it comes to offering generous financial aid packages. In fact, back in 2007 over a dozen schools–including Dartmouth, Amherst, and Harvard–committed to fully-funded (loan free) tuition packages for students under certain income levels. Many of these schools have reportedly doubled (or even tripled) their financial aid offerings over […]

11 Jan

The 5 W’s of the FAFSA

The New Year is upon us, and that means that it’s time for families with a high school senior or college student to file the Free Application for Federal Student Aid (FAFSA). If you aren’t sure what the big deal is, read on–the FAFSA is one of your most important to-do’s when it comes to […]

01 Dec

What You Can Do With College Costs Up, Financial Aid Down

More tough news for parents of current or soon-to-be college students: even with the economic downturn, college tuition and fees are still going up and up. The results of the latest College Board survey are in, and it could mean added financial stress for many families. Cost Up, Aid Down I’ll break the bad news […]

27 Aug

Should the Cost of Living Affect Financial Aid?

The financial aid system is constantly going through changes, but even the overcomplicated Free Application for Federal Student Aid (FAFSA) never seems to give schools a perfect picture of how much aid a family really needs. Since he took office in Fall, President Obama’s administration has been working on some of the larger problems in higher […]

18 Jun

State Budget Cuts Take a Shot at Financial Aid

Budget cuts are the name of the game for most states this year, but some of them are coping with their multi-billion dollar shortfalls by shifting funds away from student financial aid. Taking from the Poor Budget plans from New Jersey to California are focusing on funneling financial aid reserves back into the general budget–reducing […]

21 Apr

Student Aid Expert Joins Obama Administration

In a time when student aid is more crucial to higher education than it has been in decades, the Obama administration is making some big changes in the Education Department. New Blood One of the latest changes is the addition of student aid expert Robert Shireman to the Education Department team. Recently appointed as the […]

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