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Let’s face the fact that financial aid can make or break a decision about attending a particular institution. Here are ten questions that I recently read about from the latest HECA e-newsletter that you can ask an admission officer about financial aid before making an informed decision:
1. What is the average four-year graduation rate? What [...]
The Ivory Tower is not immune to a recession. Across America, small colleges, brand name schools, and public universities are being affected by lost jobs, the stock market downward spiral, budget cuts, and drops in their endowments. In order to keep financial aid available for families that need it, schools are going through hiring freezes, [...]
As back-to-school season approaches, parents and students still have time to find money to foot this fall’s college tuition bill. Sallie Mae–the nation’s leading saving-and-paying-for-college company–offers several affordable options available in time to meet the cost of higher education.
“The good news is that families do not have to turn to credit cards or tap retirement [...]
Students and/or their parents dread filling out the long list of questions to apply/reapply for financial aid from the government every year. Well, the current administration is hoping that’ll be a thing of the past.
The government is changing FAFSA questions this January for many reasons (read here for the WSJ article). The two main reasons [...]
It’s easy to feel lost and confused in the jungle that constitutes choosing an educational loan. There are private loans and public loans, subcategories of each, and important things to consider like interest rates and deferment options. It’s enough to make you freak out about higher education without even stepping foot inside a classroom!
Got a rich uncle to help you pay for college? Now you don’t need to! MyRichUncle, a student loan company and information source for parents and students, says there’s no need to sweat over the cost of college.
“Parents and students who are assembling a plan to pay for college do themselves a major [...]
This little trick which I unfortunately did not discover until my senior year of college can help you save you or your parents a lot of money at the bookstore. Simply by the International Edition. This is NOTHING different about the international editions, even though it says for outside U.S. use only. Even page numbers [...]
The current economic situation in the United States is undoubtably the worst since The Great Depression. More and more college students are finding themselves having a lot of trouble paying for school. College tuition prices have been on the rise for years now and not everyone can afford the costs. The University of Maryland has [...]
American Financial Services Association Education Foundation recommends college-bound students go over the following before heading off to campus:
– Discuss the responsibilities that come with being a card user. Make sure the card user understands the dangers of using credit unwisely.
– Choose a card option. These include adding the student as an authorized user to your [...]
Last week, Sallie Mae announced that it’s changing its lending rules for its signature loan for the 2009-10 academic year. Here are the pros and cons:
I always like starting out with the cons and ending with the pros so the last thing the reader remembers is positive
Cons
-Interest payments on the loan start while [...]