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Financial Aid

What Makes a 'Best Value' College?

Robert Franek | Posted 02.02.2016 | College
Robert Franek

In the field of college rankings, there is currently a whole slew of lists that claim to cover "best value" schools. Each one is a little different. ...

Why MAP Matters

Susan Henking | Posted 02.01.2016 | Education
Susan Henking

In a room of college and university presidents recently, there was only one topic: what would the impact of Illinois' failed budget process be on high...

The Complete Reference Guide to Paying for College: FAFSA, Financial Aid, Scholarships, Student Loans and More

Jocelyn Paonita Pearson | Posted 01.18.2016 | College
Jocelyn Paonita Pearson

Let's just address the elephant in the room. College is freaking expensive. And the worst part is that paying for it can be extremely confusi...

Answering Common Questions About the FAFSA

SALT | Posted 01.14.2016 | College

Some higher education institutions require you to fill out multiple financial aid applications, but they all require at least one -- the Free Application for Federal Student Aid (FAFSA).

The Pre-College Checklist for Worried Parents

Janis Couvreux | Posted 01.06.2016 | College
Janis Couvreux

College is a serious step in your child's life, and whether you believe it or not, it's pretty complicated -- much more so than it was just 20 years ago. I wish I had been more familiar with the ins and outs of the college process when my children went to college. Things were different then, and certainly not as complex as they are today.

Higher One Ripped Off Students, Federal Regulators Say

Reuters | Tyler Kingkade | Posted 12.27.2015 | College

U.S. banking regulators on Wednesday ordered financial firm Higher One Holdings Inc to pay fines and restitution to borrowers over allegedly "deceptiv...

Add 'Having the College Money Talk' to Your Holiday To-Do List

Mary Johnson | Posted 12.16.2015 | College
Mary Johnson

While you will be happy to have your college student home for the holiday break, remember that this can be a stressful time for them, especially if they are a first-year student still adjusting to a new, more independent lifestyle. And even though no one, especially students, likes feeling financial pressure at the holidays, it's important to have a discussion about your child's finances during your short time together.

College Admissions Odds Are Stacked Against High Achieving Low-Income Students

Harold O. Levy | Posted 11.20.2015 | Education
Harold O. Levy

For the vast majority of students applying to top schools, the odds of acceptance pivot based on how much money their parents make. The old adage that "if you're poor and smart, you can write your own ticket" is simply no longer true. In college admissions, money counts.

(Re)tension at Cornell: Solidarity From, and for, Students of Color

Paola Muñoz | Posted 11.18.2015 | College
Paola Muñoz

Photo credits: Grace Marcelo-Ramírez, student at Cornell University. The picture shows Cornell University students of color in solidarity with stude...

How REPAYE Differs From Other Income-Driven Repayment Plans

SALT | Posted 11.12.2015 | College

In early 2015, President Obama proposed the Student Aid Bill of Rights, which included a provision to make it easier for borrowers to repay their students loans. As the result, the government introduced a new repayment option for federal student loans: Revised Pay As You Earn (REPAYE).

In Alleged FAFSA Scam, Parents and Students Charged for Free Services

Brianna McGurran | Posted 11.04.2015 | Education
Brianna McGurran

The federal Consumer Financial Protection Bureau has sued Global Financial Support Inc., alleging that it deceptively markets and charges for financial aid services that students and families could otherwise get for free.

5 Common Mistakes That Increase the Cost of College

Jocelyn Paonita Pearson | Posted 10.21.2015 | College
Jocelyn Paonita Pearson

The cost of college is not declining. And with the constant reminder that student loan debt is getting out of hand, parents and students are trying to find ways to make higher education more affordable. Even so, some families may not even realize that they are voluntarily increasing their expenses.

Insider Tips on Financial Aid Refunds

Mary Johnson | Posted 10.08.2015 | College
Mary Johnson

Take a good, hard look at your expenses and determine whether or not you really need to be spending borrowed money on coffee and new clothes when you could be reducing the amount of student loans you'll have to pay back.

Why Renewing Perkins Matters

Susan Henking | Posted 09.29.2015 | College
Susan Henking

Without Congressional action, the expiration for one of our country's oldest and furthest-reaching student loan program is only days away. Some of the over 1500 participating institutions and 500,000 students will be hurt more than others.

Don't Get Conned Paying for College: Five Scholarship and Financial Aid Scams to Watch Out for this College Application Season

Abigail Seldin | Posted 09.29.2015 | College
Abigail Seldin

What's scarier than a pile of blank college applications? How about being conned out of your college savings by the very people promising to help you pay for school. Thousands of students and parents are targeted by those seeking to capitalize on the public anxiety around tuition costs.

College Negotiations, Transparency and Improving Your "Poker Face."

Dr. Bonnie Snyder | Posted 09.16.2015 | College
Dr. Bonnie Snyder

Information is power. This is especially true when two parties are trying to come to terms on a potentially expensive deal...say, for instance, an undergraduate college education that can cost a quarter of a million dollars at some high-priced institutions.

President Obama To Announce Reforms To Make College Financial Aid More Accessible

Reuters | Marina Fang | Posted 09.13.2015 | Politics

WASHINGTON, Sept 13 (Reuters) - President Barack Obama will announce steps to bolster access to financial aid for students as part of efforts to make ...

How Can Hispanics Get Ahead in Higher Education?

Gabriel Sanchez Zinny | Posted 09.08.2015 | Latino Voices
Gabriel Sanchez Zinny

If we are going to prepare our students for the global marketplace, we must address the challenges minority students face, find ways to keep them in high school, and then support their transition to higher education--whether traditional four year college or vocational training.

Textbooks Cost a Lot. Here's Why.

Ethan Senack | Posted 08.31.2015 | College
Ethan Senack

It's a pretty common thread that textbook prices are too high. At a time when student debt is higher than ever, it's crazy that we're charging students so much for textbooks.

5 Tips To Get The Most Out Of Your Student Loans

Stephen Dash | Posted 08.08.2015 | Education
Stephen Dash

As the cost of college tuition continues to rise, many parents and students are increasingly turning to private and federal educational loans to fund college education expenses. Here are five things that you should consider to get the most out of your student loans.

Take the Money and Run: For-Profit Colleges, Student Aid, and the Bennett Hypothesis

William G. Tierney | Posted 08.06.2015 | College
William G. Tierney

The Department of Education already has regulations in place to curb bad behavior at FPCUs. Nonetheless, there is mounting evidence that for-profits are artificially increasing their prices to simply capture student aid.

Not So FAFSA: How to Avoid a Student Aid Scam

Adam Levin | Posted 07.30.2015 | College
Adam Levin

First things first: In the form's acronym lies the secret to avoiding the money pitfalls--FAFSA is short for "FREE Application for Federal Student Aid." Yeah, I know, filling it out is time-consuming, but it's doable. It's also complex and requires information that you're going to have to bird-dog, but it is free.

Make Sure Your Freshman Gets a Money-Smart College Start

Nathaniel Sillin | Posted 07.29.2015 | Business
Nathaniel Sillin

You've worked to train your children in money management, but college brings a whole new level of financial decision-making and challenges. So before they are off on their own, review these topics to make sure they're ready.

U.S. Government Acquires FAFSA Website That Was Confusing Students (UPDATE)

The Huffington Post | Alexander Howard | Posted 07.24.2015 | Technology

The federal government has been taking down websites that host illegal activity for years, but in taking over a website -- specifi...

Merit Or Need-Based Scholarships: How Donors Can Turn The Tide Towards More Equitable Financial Aid

The Sillerman Center | Posted 07.20.2015 | College
The Sillerman Center

Today, many qualified students with demonstrated financial need are receiving inadequate aid packages from colleges. The term "admit-deny" even exists for schools that intentionally offer insufficient aid to students with need, with the expectation that they will not enroll.