News Articles About Financial Aid

With the economy still in a slump, debt-ridden college students aren't alone in their financial struggles. Colleges and universities nationwide – who've had a fair share in creating insurmountable amounts of debt for the majority of students – have struggled to attract potential donors as concerns about unstable markets remain. Harvard University, however, may be the exception: An alumnus who started trading stock options from his dorm room almost 25 years ago recently donated $150 million to his alma mater for financial aid.

Harvard Alum Donates $150 Million for Student Aid

March 6, 2014
by Suada Kolovic
With the economy still in a slump, debt-ridden college students aren't alone in their financial struggles. Colleges and universities nationwide – who've had a fair share in creating insurmountable
High school students, as you move further into your senior year and really start making decisions that will shape your future – what college you'll attend, how you'll fund this endeavor and what you’ll possibly major in – it dawns on you: “OMG, I’m officially an adult.” And with that realization comes the fact that very soon, you'll no longer (legally) be the responsibility of your parents. Well, not everyone is willing to accept that as their reality: A New Jersey teenager who was financially cut off following her 18th birthday is suing her parents for immediate support, current private school fees and future college tuition.

Teen Sues Parents for Tuition, Expenses

March 4, 2014
by Suada Kolovic
High school students, as you move further into your senior year and really start making decisions that will shape your future – what college you'll attend, how you'll fund this endeavor and what
Figuring out the bottom line when it comes to the cost of your college education is definitely a stressful part of the process. With everything that goes into determining your financial aid package (your parents’ income, your earnings and your family’s net assets), it’s important to understand that merit aid – aid based on a student’s attributes (academics, athletics, extracurriculars, etc.) – is available to student regardless of their “need.” New federal rules are blurring the distinction between scholarships awarded on merit and grants awarded because of a student’s financial need – for instance, a growing number of colleges now award “need-based” aid to students from families earning six figures! Who would have thunk it?! So, we’ve compiled a few helpful tips to maximize your chances for merit aid and increase your overall financial aid package.

How to Maximize Your Financial Aid Package

February 13, 2014
by Suada Kolovic
Figuring out the bottom line when it comes to the cost of your college education is definitely a stressful part of the process. With everything that goes into determining your financial aid package
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