News Articles About Financial Aid

While credit card debt, mortgage debt and auto loan debt have all steadily decreased since the fall of 2008, the same cannot be said for outstanding student loan debt, which has climbed 25 percent since the start of the financial crisis. Not only has student debt increased, but more often than not these loans aren’t getting paid off on time. The problem is that students take out sizable loans to pay for tuition to only be met with bleak prospects of employment after college. Those lucky enough to secure a job can also expect lower starting salaries: The median starting salary for a member of the class or 2009 or 2010 is $27,000, down from $30,000 just a couple of years ago.

Student Loan Delinquencies Continue to Rise

August 18, 2011
by Suada Kolovic
While credit card debt, mortgage debt and auto loan debt have all steadily decreased since the fall of 2008, the same cannot be said for outstanding student loan debt, which has climbed 25 percent
With the economy in a rut, the unemployment rate declining at a sluggish pace and the cost of a college education rising at an astronomical rate, now is the time to consider your options. Here at Scholarships.com, we can’t stress enough the importance of applying early and often for scholarships and financial aid, but when a college education is still just out of reach, some universities are willing to go the extra mile to help prospective students out. Rising high school seniors, take note: The University of Dayton is offering four years of free textbooks to first-year students who visit the campus and complete the Free Application for Federal Student Aid (FAFSA) form by the university’s March 1 application deadline.

University of Dayton to Offer Free Textbooks

August 17, 2011
by Suada Kolovic
With the economy in a rut, the unemployment rate declining at a sluggish pace and the cost of a college education rising at an astronomical rate, now is the time to consider your options. Here at

So you’re listening to the radio and hear a song you like. What do you do? If you’re a college student, you probably turn on your computer and download the song sans payment. Not only is this method illegal (think: fines and jail time) but it can be even more detrimental if done from a campus Internet connection. Since a personal login is usually required when you use campus Internet, your online activity is easily tracked and documented. On top of stealing copyrighted material, you could also face consequences from your university such as expulsion.

Obtaining Media the Legal Way

August 16, 2011
by Radha Jhatakia
So you’re listening to the radio and hear a song you like. What do you do? If you’re a college student, you probably turn on your computer and download the song sans payment. Not only is this

Money may not be able to buy happiness or love but a new study shows it’s an integral factor in getting into college.

New Study Explores Higher Ed Stratification

August 11, 2011
by Alexis Mattera
Money may not be able to buy happiness or love but a new study shows it’s an integral factor in getting into college. The study – “Running in Place: Low-Income Students and the Dynamics of

A few months back, we wrote about helpful tips on maximizing merit aid, or aid based on a student’s attributes like academics, athletics and extracurriculars. For college applicants who aren’t deemed financially needy in terms of their FAFSA or EFC, merit aid can make a huge difference in the schools they can realistically afford to attend. Students and families seeking this extra financial aid boost should consider researching schools more likely to dispense merit-based awards but with so many colleges and universities in the U.S., which ones are the best financial bets?

Need Merit Aid? Apply Here!

August 10, 2011
by Alexis Mattera
A few months back, we wrote about helpful tips on maximizing merit aid, or aid based on a student’s attributes like academics, athletics and extracurriculars. For college applicants who aren’t

Some college students joke that tuition is so high, the only food they can afford is instant ramen. In Michigan, it’s no longer a laughing matter.

College Students Cut from Michigan Food Stamp Program

August 9, 2011
by Alexis Mattera
Some college students joke that tuition is so high, the only food they can afford is instant ramen. In Michigan, it’s no longer a laughing matter. The Detroit News reported the state has removed

If you have lived on campus, hung out in the dorms or simply attended classes, you have encountered a resident assistant or resident advisor, perhaps better known as an RA. I was an RA during my junior year while I was participating in the National Student Exchange at California State University, Northridge (CSUN) and loved it! It was a great opportunity to save money, meet people and gain personal knowledge.

Should You Be an RA?

August 4, 2011
by Shari Williams
If you have lived on campus, hung out in the dorms or simply attended classes, you have encountered a resident assistant or resident advisor, perhaps better known as an RA. I was an RA during my

If you’re one of the more than nine million undergrads who depend on Pell Grants to pay for school, you have probably been pretty anxious over the past few weeks.

Pell Grants, the Debt Ceiling and You

August 4, 2011
by Kara Coleman
If you’re one of the more than nine million undergrads who depend on Pell Grants to pay for school, you have probably been pretty anxious over the past few weeks. This past February, the United
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