Blog

Survey Says Credit Crunch Has Affected Private Colleges

Oct 22, 2008

by Scholarships.com Staff

The results of a survey conducted by the National Association of Independent Colleges and Universities indicate that at least a few students at many private colleges and universities were unable to obtain enough private loan funding to pay their fall tuition.  The survey also indicates that the credit crunch may have steered a number of students away from private schools.

More than 500 NAICU member schools responded to the survey, which asked questions about the availability of Stafford loans made through the Federal Family Education Loan Program (FFELP), the availability of private student loans, and unanticipated enrollment shifts.  Eighty-five percent of schools reported that they had lost at least one FFELP lender, but the vast majority had no difficulty replacing these lenders.  Additionally, most colleges lost at least one private lender, with 27 percent of those schools reporting that students had some difficulty finding a replacement lender.

More than half of colleges surveyed reported they had at least some students who were unable to secure private loan funds for the current semester, and 45 percent of schools reported students changing their enrollment status due to financial concerns.  Eighteen percent of colleges surveyed reported fewer returning students and 19 percent reported a smaller freshman class than anticipated.  While most colleges reported no significant changes in enrollment, it appears some private college students (who are typically the most likely group to qualify for student loans) are being forced to alter their educational plans due to the current economic situation.

Three quarters of private colleges surveyed also reported increased financial need among their student populations.  Coupled with the rise in FAFSA files across the board and preliminary reports of more demand for financial aid coming from state universities and community colleges, it appears competition is getting stiffer for need-based student financial aid.  This is just one more reason for students to ramp up their scholarship search and find money for college as soon as possible.

And remember, there’s no need to rely on expensive student loan options to pay for your college education. For more information on finding free scholarship money for college, conduct a Scholarships.com free college scholarship search today, then apply and win! It’s that easy!

Comments (0)

Fewer Families Are Saving for College

Oct 21, 2008

by Scholarships.com Staff

Just in case you haven't heard enough reasons to kick your scholarship search into high gear, an article appearing last week in The Boston Globe reported that one third of parents have cut back on or altogether stopped saving for college.  According to a study by Fidelity Investments, the current economic situation has left many parents less equipped to help their children pay for school.

The study found that parents have fewer resources to devote to students' college expenses due to drops in values of investments and home equity. To help make up this difference, 35 percent of parents reported plans to delay retirement in order to better help their college-aged children pay bills.  Parents are also asking more of college students, with 55 percent expecting their kids to work part-time, 44 percent hoping their kids will live at home while attending college, and 37 percent encouraging their children to attend less expensive state colleges.  Additionally, 62 percent of parents expect their children to take out student loans--a figure that makes sense coupled with the 16 percent increase in FAFSA applications reported earlier this year.

When coupled with anecdotal evidence, such as another Boston Globe piece highlighting Massachusettes families' increased interest in public universities for 2009, this study stresses the need for students to ramp up their efforts to find money for college.  While federal student financial aid and private loans are being turned to more and more, college scholarships are still options for students industrious enough to find them.  If you're already attending college or currently in the midst of the college application process and haven't yet started searching for scholarships, now is a good time to begin.  Between now and February, a great number of scholarship opportunities will open up for applications, so the sooner you know what's out there, the better a chance you'll have of winning scholarships.

And remember, there’s no need to rely on expensive student loan options to pay for your college education. For more information on finding free scholarship money for college, conduct a Scholarships.com free college scholarship search today, then apply and win! It’s that easy!

Comments (0)

Mental Floss $50,000 Tuition Giveaway

Oct 20, 2008

by Scholarships.com Staff

Do you have a great sense of humor?  Do you just love writing essays?  Are you "funny, quirky, and creative?" Can you talk about how great you are without coming off as pretentious?  Do you really really deserve a scholarship?  If you can answer yes to all of these questions, then this week's Scholarship of the Week, the Mental Floss $50,000 Tuition Giveaway scholarship essay contest, is for you.

Mental Floss Magazine has teamed up with Borders and Merriam-Webster to offer five $10,000 scholarships to students who will be enrolled full-time in the fall of 2009.  All you have to do to enter (after you check your scholarship search results to see if you qualify, of course) is head on over to the contest website, fill out a short entry form, compose an essay of 750 words or less that explains why you deserve this scholarship more than anyone, and hit submit.  The hardest part will be getting the tone just right, as the scholarship providers want something written in the style of their magazine (luckily, you can find some of their articles online).  It would be a good idea to brush up on your scholarship essay-writing skills before you apply for scholarships like this one.

Prize:

Five $10,000 grand prizes will be awarded.  The first runner-up will receive a free dinner with a co-founder of Mental Floss Magazine or a $250 cash prize, and four other runners-up will receive a subscription to Mental Floss, a Mental Floss t-shirt, and a Merriam-Webster dictionary.

Eligibility:

To be eligible to win, students must be attending college full-time at a two-year or four-year college or university in the U.S. or Canada in 2009.  Entrants also must be legal residents of the United States or Canada (with the exception of Puerto Rico and Quebec) and must be 18 or older before August 15, 2009.

Deadline:

January 31, 2009

Required Materials:

Completed online scholarship application and an essay of 750 words or less explaining why you should win this scholarship.

Further details about the application process can be found by conducting a free college scholarship search on Scholarships.com. Once the search is completed, students eligible for this scholarship award will find it in their search results.

Going to college doesn't have to break the bank or saddle you with tens of thousands of dollars in student loan debt. Check out the Scholarships.com free college scholarship search where you’ll discover you qualify for hundreds of thousands of dollars in scholarships in just a few minutes, then apply and win! It’s that easy!

Comments (0)

Posted Under:

Scholarship of the Week , Scholarships

Tags:


Presidential Candidates' Education Advisors to Debate October 21

Oct 17, 2008

by Scholarships.com Staff

While the U.S. Presidential debates have wrapped up for 2008, voters interested in hearing more about each candidate's plans for education policy have an opportunity to watch a debate between the candidates' educational advisors on Tuesday.  The debate will take place at Teachers College at Columbia University in New York City and will be webcast live by Education Week

Due to the worsening economic situation in the United States, more and more families are having trouble finding money for college.  Lenders leaving the Federal Family Education Loan Program and discontinuing private student loans have required some families to look elsewhere for financial aid, while lost income and tougher credit requirements have made it harder for other families to come up with the funds required to pay for school.  While industrious students certainly can find college scholarships and grants, many voters would like to see schools and the federal government find ways to increase these sources of funding.  Simplifying the financial aid application process and curbing the rising cost of tuition are other issues many would like to see the next administration tackle. 

The quality of public education at the K-12 level also remains a concern for many voters.  With more and more families viewing a college education as essential, adequate college preparation has become increasingly important.  Yet many students require remedial education upon entering college, minorities are still are less likely to go to or finish college, and many voters are disenchanted with standardized testing and No Child Left Behind

This debate will likely provide voters with more complete information on each campaign's education plans.  If education policy is a major issue for you this election, consider tuning in to the webcast at 7 PM on Tuesday, October 21.

Going to college doesn't have to break the bank or saddle you with tens of thousands of dollars in student loan debt. Check out the Scholarships.com free college scholarship search where you’ll discover you qualify for hundreds of thousands of dollars in scholarships in just a few minutes, then apply and win! It’s that easy!

Comments (0)

Posted Under:

College Costs , FAFSA , Financial Aid , High School

Tags:


College Affordability a Major Issue for Many U.S. Voters

Oct 16, 2008

by Scholarships.com Staff

Despite the relatively small amount of time spent on issues of higher education in the presidential debates, a survey by the National Education Association shows that many voters, especially college students and their parents, consider college costs to be one of the main issues in the upcoming presidential election.

Thirty-four percent of college students and parents of college students polled consider college affordability the single most important issue of the 2008 election.  70 percent of parents and 65 percent of students said that it was important that the next president making it easier for families to pay for school.  Additionally, the vast majority of those surveyed said that a college education is fast becoming a necessity, yet also espoused a belief that attending college is more of a financial burden now than it was 10 years ago.

Each candidate addressed educational policy directly in last night's debate, after touching on parts of their plans briefly in previous debates.  Senator McCain's proposal for college affordability centers around shoring up the federal student loan system and making it easier for students to borrow what they need from the government, especially through the FFEL program. He also put an emphasis on expanding the role of community colleges in training displaced workers.  Senator Obama, on the other hand, favors a $4,000 higher education tax credit for families to help with tuition costs, as well as efforts to improve college access and reduce students' student loan burdens, stressing the fact that many students alter their career goals due to debt.

And don't forget, you should pay for your college education with as much free money as possible! Find as many scholarships and grants as you can before turning to student loans. Visit the Scholarships.com free college scholarship search today where you'll get matched with countless scholarships and grants for which you qualify, then apply and win! It’s that easy!

Comments (0)

Posted Under:

College Costs , College News , Financial Aid

Tags:


Financial Aid Expands at Three More Colleges

Oct 15, 2008

by Scholarships.com Staff

Texas A&M, Boston University, and Vanderbilt University have all recently announced expanded financial aid programs to help lower-and-middle-class students deal with the rising cost of college education and the tough economic situation the country currently faces. 

This news comes as many other colleges are announcing budget cuts and tuition hikes in order to break even in the face of declining state funding. Proposed cuts to higher education funding currently range from a one percent cut in Maryland to a reduction of funding by more than 14 percent in Nevada, according to a recent write-up in The Chronicle of Higher Education

Despite financial concerns, though, more and more schools are digging into their pockets to find additional scholarship and grant money for their students.  Texas A&M will provide free tuition to all freshmen with a family income below $60,000 and a GPA above 2.5.  Boston University plans to meet all financial need for every Boston public school graduate admitted to the university.  Vanderbilt will replace all need-based student loans with grants for its students starting next fall, though it still needs to raise an additional $100 million to fully fund the program.

U.S. News and World Report provides more information on these new financial aid programs.  You can find out more about these and other generous institutions by conducting a college search on Scholarships.com.

And don't forget, you should pay for your college education with as much free money as possible! Find as many scholarships and grants as you can before turning to student loans. Visit the Scholarships.com free college scholarship search today where you'll get matched with countless scholarships and grants for which you qualify, then apply and win! It’s that easy!

Comments (0)

Social Stigma Causes Poor Math Performance by U.S. Students, Study Suggests

Oct 14, 2008

by Scholarships.com Staff

I remember sitting around in an English class one day, waiting for the professor to arrive, when one of my classmates mentioned the GRE (graduate record examination) test that we’d all recently taken to apply to graduate programs. She had been worried she wouldn’t even be able to get into English grad programs because of her abysmal standardized math test performance. Everyone chimed in with their GRE scores and application process anecdotes and I spoke up with, “I was surprised that I actually scored higher on the math than the verbal!” It was akin to announcing that I tortured small animals. The air went out of the room and I think some girls actually edged away from me.

 

This social stigma about math certainly doesn’t start with graduate students in English departments. Most students who excel at math, especially girls, have certainly felt it at one point or another. So while some previous research has suggested that girls just aren’t as good as boys at math, a new study published Friday in Notices of the American Mathematical Society suggests something different. Combining two of the facts of life of high school—popularity is important to many girls and math just isn’t cool—the study proposes that girls don’t do as well at math in middle school and high school and don’t pursue math-heavy degrees as undergraduate students because of social pressure.

 

This conclusion comes from looking at the cultural backgrounds of some of the highest-performing college and high school students who participate in math competitions. Most of these students, especially the girls, came from cultures where math is prized as an important and useful skill and a source of prestige. These students or their parents tended to be from Asian or Eastern European countries, either sparing them from or giving them a social counterpoint to American beliefs about math. These countries produce a higher proportion of mathematically gifted women, as well as higher numbers of math superstars overall, suggesting that it’s not that girls aren’t good at math, but that girls in the U.S. are socialized to not make math a priority.

 

So, if you’re a high school math nerd, hang in there. At least one research team believes that you are good at math and you’re not a weirdo for being good at math. If you can stick with math into college, you’ll likely encounter a different attitude. And if the article in Friday’s New York Times is any indication, top colleges want mathematically-inclined students. They might even pony up some scholarship money to woo you.

And remember, there’s no need to rely on expensive student loan options to pay for your college education. For more information on finding free scholarship money for college, conduct a Scholarships.com free college scholarship search today, then apply and win! It’s that easy!

Comments (0)

Datatel Scholars Foundation Scholarship

Oct 13, 2008

by Scholarships.com Staff

Outstanding students attending college at a Datatel client college or university are eligible for this week's Scholarship of the Week.  The Datatel Scholars Foundation offers three scholarship opportunities for undergraduate students and graduate students currently enrolled at least half-time at an institution serviced by Datatel (a list of eligible schools is available on the Datatel Scholars Foundation website).  The foundation offers a general award worth up to $2,400, an award for veterans worth $1,700, and a $2,000 award for returning students who have not been enrolled in college for five years or more.

Applicants for all three awards need to submit an online application, an 800-1000 word scholarship essay, information about civic involvement, and two letters of recommendation.  Students apply online, then have their applications reviewed by the Datatel scholarship committee at their institution.  Schools nominate up to five students whose applications are then judged at the national level.

Prize:

Datatel Scholars Foundation Scholarship: $1000-2400 depending on the cost of tuition at your institution.

Datatel Angelfire Scholarship: $1700

Datatel Russ Griffith Memorial Scholarship: $2000

Eligibility:

Datatel Foundation Scholarship: any undergraduate or graduate student currently enrolled at least half-time at a Datatel client college.

Datatel Angelfire Scholarship: students attending a Datatel client college who have served in the military in a combat situation.

Datatel Russ Griffith Memorial Scholarship: students attending a Datatel client college who are returning to college after an absence of five years or more.

Deadline:

January 30, 2009

Required Materials:

Completed scholarship application, available on the Datatel Scholars website, two letters of recommendation submitted online, an essay of 800-1000 words responding to the appropriate prompt for the scholarship for which you're applying, and information about your civic involvement.

Further details about the application process can be found by conducting a free college scholarship search on Scholarships.com. Once the search is completed, students eligible for this scholarship award will find it in their search results.

Going to college doesn't have to break the bank or saddle you with tens of thousands of dollars in student loan debt. Check out the Scholarships.com free college scholarship search where you’ll discover you qualify for hundreds of thousands of dollars in scholarships in just a few minutes, then apply and win! It’s that easy!

Comments (0)

Posted Under:

Scholarship of the Week , Scholarships

Tags:


Report on Degree Completion and Race Raises Concerns

Oct 9, 2008

by Scholarships.com Staff

American higher education has just experienced something it hasn't seen since before World War II: a break in the constant increase of degree completion, including a decline in the percentage of minority students attaining a degree.  This has some higher education officials worried that colleges are not doing an adequate job of recruiting and retaining members of disadvantaged groups.

Americans between the ages of 25 and 29 are only slightly more likely to have attained an associate's degree or higher than Americans ages 30 and up, according to the report released today  by the American Council on Education.  The report, which is already receiving a fair amount of press coverage, including a thorough piece in Inside Higher Ed today, shows that overall degree attainment has held almost steady, with 34.9 percent of Americans between the ages of 25 and 29 holding degrees, compared to 34.3 percent of those over 30.

While more white and Asian American students have received an associate's degree or higher among the current generation, degree attainment has actually fallen for African American, Hispanic, and American Indian students.  Asian Americans continue to have the highest rate of degree attainment at 66.2 percent (up from 54.1 percent), while only 16 percent of Latinos in the younger age group have completed a degree (down from 17.8 percent of those 30 and over).  However, the current generation of black and Latino women have outperformed previous generations, which is part of an overall trend of women being more likely than men to attend college and complete a degree.

The report also shows that total enrollment of minorities in college has increased by 50 percent over the last ten years, with white enrollment increasing by 8 percent.  Like degree attainment, enrollment gains have been uneven, with 61 percent of Asian Americans between the ages of 18 and 24 enrolled in college, compared to 44 percent of whites, 32 percent of African Americans, and 25 percent of Hispanics and American Indians.

And remember, there’s no need to rely on expensive student loan options to pay for your college education. For more information on finding free scholarship money for college, conduct a Scholarships.com free college scholarship search today, then apply and win! It’s that easy!

Comments (0)

Posted Under:

College Culture , College News

Tags:


On Past and Future Tuition Increases

Oct 8, 2008

by Scholarships.com Staff

While a report released Tuesday by the Department of Education shows relatively low rates of tuition increase over the last two years, other data and expert opinions suggest that the same will not hold true next year.  Between the 2005-2006 and 2007-2008 academic years, tuition at four-year public and private colleges for in-state and out-of-state undergraduate students showed increases of 3.4 to 6.7 percent, adjusted for inflation. 

Out-of-state tuition at public state universities stayed relatively low, increasing 3.4 percent to $13,630.  In-state tuition at public universities went up 5.3 percent over two years to $5,749.  Non-profit private universities saw a 6.7 percent tuition increase, bringing the total amount of tuition and fees to $19,337, while for-profit private universities increased tuition 5.2 percent to $14,782.

However, the economic downturn of 2008 is likely to spur much larger tuition increases as states lose tax revenue.  A report from the Nelson A. Rockefeller Institute of Government warns that state tax collections may fall sharply this year, with revenues from sales taxes, corporate income taxes, and fuel taxes already falling in the second quarter of 2008.  Some states are already cutting budgets to deal with potential revenue shortfalls and increasing inflation, and the trend is likely to spread. 

This could hurt higher education funding and force universities to increase tuition, especially since they also must contend with inflation, with providing financial aid to students in tougher financial situations, and with other potential drops in funding caused by the credit crunch.  Announcements of tuition increases likely won't happen for months, but for high school seniors and other students in the process of choosing a college, potential tuition hikes are definitely something to keep in mind during the college application process.

And don't forget, you should pay for your college education with as much free money as possible! Find as many scholarships and grants as you can before turning to student loans. Visit the Scholarships.com free college scholarship search today where you'll get matched with countless scholarships and grants for which you qualify, then apply and win! It’s that easy!

Comments (0)

Posted Under:

College Costs , College News

Tags:


<< < 188 189 190 191 192 193 194 195 196 197  > >>
Page 193 of 223

Recent Posts

Tags

ACT (20)
Advanced Placement (24)
Alumni (17)
Applications (83)
Athletics (17)
Back To School (73)
Books (66)
Campus Life (460)
Career (115)
Choosing A College (55)
College (1013)
College Admissions (245)
College And Society (314)
College And The Economy (378)
College Applications (148)
College Benefits (290)
College Budgets (216)
College Classes (448)
College Costs (495)
College Culture (604)
College Goals (387)
College Grants (53)
College In Congress (88)
College Life (575)
College Majors (222)
College News (600)
College Prep (166)
College Savings Accounts (19)
College Scholarships (159)
College Search (115)
College Students (464)
College Tips (118)
Community College (59)
Community Service (40)
Community Service Scholarships (27)
Course Enrollment (19)
Economy (122)
Education (26)
Education Study (29)
Employment (42)
Essay Scholarship (38)
FAFSA (55)
Federal Aid (99)
Finances (70)
Financial Aid (415)
Financial Aid Information (58)
Financial Aid News (57)
Financial Tips (40)
Food (44)
Food/Cooking (27)
GPA (80)
Grades (91)
Graduate School (56)
Graduate Student Scholarships (20)
Graduate Students (65)
Graduation Rates (38)
Grants (62)
Health (38)
High School (130)
High School News (73)
High School Student Scholarships (184)
High School Students (310)
Higher Education (110)
Internships (526)
Job Search (178)
Just For Fun (117)
Loan Repayment (40)
Loans (48)
Military (16)
Money Management (134)
Online College (20)
Pell Grant (28)
President Obama (24)
Private Colleges (34)
Private Loans (19)
Roommates (100)
SAT (23)
Scholarship Applications (163)
Scholarship Information (179)
Scholarship Of The Week (271)
Scholarship Search (219)
Scholarship Tips (87)
Scholarships (403)
Sports (62)
Sports Scholarships (21)
Stafford Loans (24)
Standardized Testing (46)
State Colleges (42)
State News (35)
Student Debt (84)
Student Life (512)
Student Loans (140)
Study Abroad (67)
Study Skills (215)
Teachers (94)
Technology (111)
Tips (508)
Transfer Scholarship (16)
Tuition (93)
Undergraduate Scholarships (35)
Undergraduate Students (154)
Volunteer (45)
Work And College (83)
Work Study (20)
Writing Scholarship (18)

Categories

529 Plan (2)
Back To School (360)
College And The Economy (518)
College Applications (255)
College Budgets (347)
College Classes (573)
College Costs (763)
College Culture (944)
College Grants (133)
College In Congress (132)
College Life (979)
College Majors (337)
College News (937)
College Savings Accounts (57)
College Search (395)
Coverdell (1)
FAFSA (116)
Federal Aid (132)
Fellowships (23)
Financial Aid (708)
Food/Cooking (78)
GPA (278)
Graduate School (109)
Grants (72)
High School (544)
High School News (259)
Housing (172)
Internships (573)
Just For Fun (232)
Press Releases (9)
Roommates (140)
Scholarship Applications (223)
Scholarship Of The Week (347)
Scholarships (598)
Sports (77)
Standardized Testing (59)
Student Loans (225)
Study Abroad (62)
Tips (844)
Uncategorized (8)
Virtual Intern (540)