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College Financial Aid

Financial Aid Award Letters: Eschew Obfuscation

W. Kent Barnds | Posted 03.26.2015 | College
W. Kent Barnds

I often find myself helping a prospective student or parent understand an award offered by another institution. So, I thought it might be helpful to point out a couple of things that often lead to so-called "a-ha" moments with families. In the last three weeks, I've run across a variety of interesting factors that do not eschew obfuscation.

Paying for College: 5 Things to Know About College Financial Aid Letters

Abigail Seldin | Posted 03.17.2015 | College
Abigail Seldin

Don't let the headache of untangling financial aid letters spoil the thrill of getting into college. Here are five things to keep in mind as you evaluate your options for attending and paying for school.

FAFSA Primer: How to Navigate Through the College Aid Maze

Jason Alderman | Posted 03.11.2015 | Money
Jason Alderman

Whether you're a parent with a child currently in diapers or a student planning to graduate from high school fairly soon, it is worthwhile to study the Free Application for Federal Student Aid (FAFSA) -- a 130-question form that determines who qualifies for a piece of $150 billion in federal grants, loans and work-study funds -- well in advance.

Is There an Income Limit for Financial Aid?

Scott Weingold | Posted 03.16.2015 | College
Scott Weingold

No matter who you are or where you come from, every person enrolling in college has the right to submit their free financial aid application to the Department of Education.

Don't Let the FAFSA Ruin Your Holiday Cheer: 10 Financial Aid Myths Debunked

Abigail Seldin | Posted 02.26.2015 | Education
Abigail Seldin

According to a recent analysis by Mark Kantrowitz, Senior Vice President at Edvisors Network and author of "Filing the FAFSA," roughly 2 million students who could have qualified for need-based Federal Pell Grants in the 2011-12 academic year never filed.

Need Blind Admissions Is a Lie

Bev Taylor | Posted 09.23.2014 | College
Bev Taylor

While it may seem preposterous that all applicants would need financial aid, when you don't take into account their financial need, colleges run that risk. And college admissions officers don't like to take risks.

Diverse Conversations: Let's Talk About Financial Aid

Matthew Lynch, Ed.D. | Posted 08.15.2014 | College
Matthew Lynch, Ed.D.

The Washington Post reports that the average college student will graduate with $25,000 in debt. With over $1 trillion in outstanding loans, student d...

Can Financial Aid Determine Your Fate?

Marcos Cordero | Posted 08.04.2014 | College
Marcos Cordero

The financial aid conundrum is certainly a societal problem. While it will require more creative solutions on the part of schools, government and the private sector, some of the responsibility must be borne by the parents and students.

Why I'm Skipping My Harvard Reunion (A Call to Action)

Evan Mandery | Posted 07.06.2014 | College
Evan Mandery

If you're born poor and don't go to college you're likely to remain poor, but if you finish college you're as likely to become rich as to remain poor. At its core, inequality is about education. If there's hope, it must lie with the schools.

The Big Dupe: What's the Truth About Student Loans?

Bob Hildreth | Posted 06.23.2014 | College
Bob Hildreth

Even if the government's optimistic accounting system is used, there is little profit to be had from undergraduates. Almost all of the "profit" comes from loans made to graduate students.

The Devil Is in the Details: Sizing Up College Financial Aid Offers

Mary Johnson | Posted 06.01.2014 | College
Mary Johnson

It may seem like some of the schools are offering to cover all of your costs, but the devil may be in the details. As you and your child make the decision about where to send that deposit check by the May 1 deadline, here are some tips for determining what your choice will cost you.

Review Your Offer of Financial Aid With an Eye On Your Future

Maura Kastberg | Posted 06.01.2014 | College
Maura Kastberg

How you present yourself in person and on social media can come into play as admissions and financial aid officers make decisions about your financial aid package and your future.

Dispatch From the Admissions Front

Dr. Scott D. Miller | Posted 05.17.2014 | College
Dr. Scott D. Miller

A college president's least favorite book title is Silent Spring. Not the one about pesticides and the environment penned by Rachel Carson in 1962. I...

States Consider Offering Free Community College

Stateline | Adrienne Lu | Posted 03.12.2014 | College

This piece comes to us courtesy of Stateline. Stateline is a nonpartisan, nonprofit news service of the Pew Charitable Trusts that provides daily repo...

How The Government Spends Billions Helping Wealthy Students Go To College

| Jon Marcus | Posted 03.10.2014 | College

It’s not just colleges and universities that are shifting their financial aid from lower-income to higher-income students. Tuition tax credits an...

Another Way Poor Families Are Getting Screwed By Colleges

| Jon Marcus and Holly K. Hacker | Posted 03.09.2014 | College

Data show poorer families are bearing the brunt of college price hikes By Jon Marcus and Holly K. Hacker America’s colleges and universities are...

College Choice and Finances

Mary Johnson | Posted 05.03.2014 | College
Mary Johnson

Over the next month or so, letters of acceptance will be in the mailboxes and inboxes of millions of anxious college-bound seniors and returning adults across the country, which means decision making is in full swing from now until May 1st.

How Exactly Do Colleges Allocate Their Financial Aid? They Won't Say

ProPublica | Marian Wang | Posted 02.25.2014 | College

At the center of the admissions and financial-aid process is a massive information imbalance: Schools make their decisions with detailed data about e...

Don't Forget to Update Your Student Aid Report (SAR)

Maura Kastberg | Posted 02.03.2014 | College
Maura Kastberg

Since these forms are directly related how much and what type of financial aid you receive, it is important that you look over the information for accuracy.

6 Financial Aid Application Mistakes To Avoid

| Posted 01.30.2014 | Teen

By Megan Shuffleton College is expensive (as you’ve probably been told!), so of course financial aid is important. There are several types of aid...

What You Need to Know About Filing the FAFSA

Maura Kastberg | Posted 03.08.2014 | College
Maura Kastberg

It's that time of year again when families that have a child starting college this coming fall need to complete their Free Application for Federal Student Aid. Don't make the mistake of assuming you earn too much or won't be eligible for anything.

Maximize Your Access to Financial Aid: Meet Deadlines

W. Kent Barnds | Posted 03.08.2014 | College
W. Kent Barnds

This is serious stuff and is too often ignored or misunderstood. Don't delay

Add Applying for Financial Aid to Your Holiday To-Do List

Mary Johnson | Posted 02.15.2014 | College
Mary Johnson

While you are making your holiday list and checking it twice, don't forget to add a reminder to apply for financial aid. What better gift than knowing you'll have enough money to send your child to college?

New Federal Effort To Explain Financial Aid

AP | Posted 12.04.2013 | College

WASHINGTON (AP) — The Education Department has created an online financial aid toolkit aimed at helping guidance counselors and others who advise st...

Top 5 Reasons You Should Apply for Financial Aid

Jodi Okun | Posted 11.17.2013 | College
Jodi Okun

If the alternatives are spending a little time to receive the financial aid to which you are entitled or putting yourself into debt to avoid paperwork, it seems that applying for financial aid makes much more sense.