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Financial Aid

Need Blind Admissions Is a Lie

Bev Taylor | Posted 07.24.2014 | 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.

Thousands Of Students Could Have Pell Grants Taken Away After FAFSA Mistake

AP | Posted 07.24.2014 | College

WASHINGTON (AP) -- Potentially tens of thousands of students awarded a Pell Grant or other need-based federal aid for the coming school year could fin...

Margo Wright: How an App Could Help Low-Income College Students Graduate

Significance Labs | Posted 07.23.2014 | Technology
Significance Labs

Over the past two months, my team at Significance Labs has investigated how and why first generation community college students in New York City start to run into trouble. We confirmed that there are a plethora of barriers which prevent first generation students from earning a degree.

This Student Experienced A Tragedy, Then Donors Came To Her Rescue

The Huffington Post | Nina Friend | Posted 07.14.2014 | College

Looks like miracles really do happen. As of Monday morning, Vanderbilt University student Cassie Wessely has accumulated $46,623 in donations to help ...

Confessions Of An Accountant: 'I Have $130,000 Worth Of College Debt'

LearnVest | Posted 07.03.2014 | Money
LearnVest

My take-home pay is a little more than $3,000 a month -- and roughly 45 percent of that goes toward my student loan payments. When that much of your paycheck is eaten up, something's gotta give.

Think College Costs Too Much? Thank the Government.

Dr. Arthur F. Kirk, Jr. | Posted 06.24.2014 | College
Dr. Arthur F. Kirk, Jr.

I am not going to argue that a four-year college education isn't expensive. It is. I won't argue that its return on investment makes it worthwhile, although it surely does. I also cannot argue that increasing the number of administrators doesn't increase the cost of a higher education. It does.

I Passed Up Full Scholarships For My Dream School -- And I Don't Regret It

Shi Hui Ng | Posted 06.20.2014 | Teen
Shi Hui Ng

While it's true that work study and possible loans may haunt me later, I don't want to regret not choosing Wellesley because of money.

Let's Be Clear: College Isn't Right for Everyone, But It's the Key to Socioeconomic Mobility

Nancy A. Roseman | Posted 06.18.2014 | College
Nancy A. Roseman

Let me be clear. College is not right for everyone, but it undisputedly remains the ticket to socioeconomic mobility. We need to stop debating its value, and instead focus on ensuring more students have access to college.

4 Things Parents Need to Learn Now About Student Loans

Jodi Okun | Posted 06.10.2014 | Parents
Jodi Okun

When determining how to pay for this massive life event, parents are often as confused as their students. With that in mind, here are four things parents need to learn now about student loans before anyone signs on the dotted line.

No, Education Isn't Enough to Get You Out of the Ghetto

Anthony W. Orlando | Posted 06.06.2014 | Politics
Anthony W. Orlando

Over 73 million adults have a college degree in this country, but less than 2 million of them are members of the One Percent. Most earn less than a fifth of what they'd need to qualify for the One Percent.

Can Financial Aid Determine Your Fate?

Marcos Cordero | Posted 06.04.2014 | 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 For-Profit Colleges Target Veterans

Alexandra Rice | Posted 06.03.2014 | College
Alexandra Rice

In recent years, for-profit colleges and universities (such as the University of Phoenix) have heavily recruited veterans to become students. These institutions have a vested financial interest in doing so.

The College Admissions Story Every Student Should Read

The Prospect | Posted 06.02.2014 | College
The Prospect

It's not all about how much money you spend over four years, or how nice your campus looks, or how many celebrities went/go to your school. It's about how you live it, and at the end of day, how that living makes you FEEL on the inside.

How to Determine the Cost of Sending Your Child to College

Jodi Okun | Posted 05.27.2014 | College
Jodi Okun

Before starting to think, "Oh, no, what have we gotten ourselves into," parents should take some time to get themselves comfortable with the cost and benefit of sending a child to college.

Often Forgotten, Middle Class Students Get a Scholarship All Their Own

Alexandra Rice | Posted 07.15.2014 | College
Alexandra Rice

As costs for housing, food and gas rise, and the overall economy is sluggish, middle class families are feeling the pinch, making costly tuition out of reach for some. However, a new scholarship available in the fall promises to cut colleges costs for these families.

The One Thing I Regret During The College App Process

Shi Hui Ng | Posted 07.14.2014 | Teen
Shi Hui Ng

If you're still deciding between colleges, make a list! Now is a good time to slow down and look into the nitty-gritty details. Put down statistics that matter to you, like costs, student body ratios, programs or subjects that you would like to pursue.

4 Financial Lessons to Teach Your College Student This Summer

Jodi Okun | Posted 07.06.2014 | Parents
Jodi Okun

When children are home, the parents can watch over them and provide financial advice, but when they are away, they can be tempted by easy credit and luxury buys. Here are four financial lessons to teach your college student that will help him or her make wiser financial choices.

Financial Aid Doesn't Always Mean Free

Alexandra Rice | Posted 07.01.2014 | College
Alexandra Rice

The term encapsulates two types of aid: One that is free (grants and scholarships) and one that has to be paid back (loans).

What High School Students (And Their Parents) Can Do to Get the Most Financial/Merit Aid for College

Marjorie Hansen Shaevitz | Posted 06.20.2014 | College
Marjorie Hansen Shaevitz

Where a student attends college, how much it will cost the family, and whether they end up with a little or a lot of debt depends on everyone making college finances a priority. It's never too early to start planning for how to pay for college.

It's Been A Roller Coaster Of A Ride

Shi Hui Ng | Posted 06.21.2014 | Teen
Shi Hui Ng

Looking back at senior year in retrospect, it was an emotional roller coaster where I almost lost all my motivation. In December, I was so worked up with not being accepted to my top choice school. Four months later, I'm a lot calmer.

Should Money Be the Deciding Factor in Your Child's College Choice?

Jodi Okun | Posted 06.17.2014 | College
Jodi Okun

May 1 is just around the corner. This is traditionally the final deadline for high school seniors to decide which financial aid package they are going to accept to attend college in the fall.

College for the Rich

Adam Kirk Edgerton | Posted 06.14.2014 | College
Adam Kirk Edgerton

Carlos, along with millions of others, is realizing that because of our unwillingness to fund public higher education, the promise of college is a lie.

Are We Letting Community College Transfer Students Down?

William G. Tierney | Posted 06.09.2014 | Education
William G. Tierney

The transfer entitlement grant could be the difference between transfer students taking out a loan they will have to pay back or graduating debt free. More importantly, the grant could be just the incentive a student needs to make the decision to transfer to a university.

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.