Scholarship News

Affording College While Avoiding Debt

November 14, 2012
by Alexis Mattera
A college education is far from cheap but some students are able to graduate with far less debt than others. How? Scholarships and grants play a huge role in keeping expenses low but some institutions are lending a helping hand by revising their financial aid packages and educating their students on the importance of fiscal responsibility.

A college education is far from cheap but some students are able to graduate with far less debt than others. How? Scholarships and grants play a huge role in keeping expenses low but some institutions are lending a helping hand by revising their financial aid packages and educating their students on the importance of fiscal responsibility.

ADVERTISEMENT

Davidson College, for example, instituted a “no loans” financial aid policy in 2007 and now addresses need through grants and student employment. Others, like St. John's College, Elizabeth City State University and the SUNY schools, are doing their part by providing tailored support services to students through graduation - the latter, in fact, have launched a system-wide effort to prevent student borrowers from defaulting on their loans by offering net price calculators and communicating early and often with borrowers.

You can read more about what’s being done to combat student debt here but we want to know if your college (or intended school) has similar initiatives in place. If not, what kind of services and information should they be providing regarding student debt?

Get instantly matched to scholarships that meet your skillset, strengths and unique talents. Our search algorithms match you to scholarships that fit your profile. Access a complete list of college scholarships now by conducting a free college scholarship search at Scholarships.com.

ADVERTISEMENT
Posted Under : College and the Economy , College Budgets , College Costs , College Culture , College Grants , College Life , College News , FAFSA , Financial Aid , Grants , Scholarships
Tags: College , College Grants , College Scholarships , Finances , Financial Aid , Grants , Loans , Money Management , Scholarships , Student Debt , Student Loans , Work and College , Work Study

Discuss

Share your thoughts and perhaps thousands of students will benefit from your unique insight on the subject!



If you can read this, don't touch the following fields


 
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
A high school senior from Lithia, Florida has just been awarded the $1,000 grand prize in a scholarship competition. The 16-year-old, Laura Gonzalez, is on track to attend college next fall. She hails from Lithia, a suburb of Tampa in central-east Florida and is completing her last year at Newsome Highschool, with a total population of about 3,000 students. Her small school and community are thrilled for her and are all wishing her the best on her upcoming new chapter in life.

Florida Teen Wins Scholarship!

July 29, 2021 12:44 PM
by Scholarships.com Staff
A high school senior from Lithia, Florida has just been awarded the $1,000 grand prize in a scholarship competition. The 16-year-old, Laura Gonzalez, is on track to attend college next fall. She
Even after all the battles you have won in applying to schools and getting accepted, there will most likely still be work to get done when it comes to paying tuition. There are two main avenues you can take to try to address this problem: scholarships or student loans:

Student Loans vs. Scholarships

July 13, 2021 2:57 PM
by Scholarships.com Staff
Even after all the battles you have won in applying to schools and getting accepted, there will most likely still be work to get done when it comes to paying tuition. There are two main avenues you
Among the most important things you want to do before applying for a job is to update your resume with relevant experience. Doing so makes it possible for employers to take notice of you, your skills, and what you have to offer their companies. The sooner you clean up and polish your resume, the easier it becomes to submit it to companies seeking employees like you.

Create an Outstanding Resume That Employers Notice

July 7, 2021 11:58 AM
by Scholarships.com Staff
Among the most important things you want to do before applying for a job is to update your resume with relevant experience. Doing so makes it possible for employers to take notice of you, your
College is expensive. That’s why a majority of college students take out student loans. Nearly 70% of the Class of 2019 took out student loans and graduated with almost $30,000 in debt. It’s a frightening statistic, and it’s part of why Scholarships.com exists to help students discover scholarships to pay for college. In general, scholarships do not entirely replace the need to take out loans. Responsibly borrowing for college can be a worthwhile investment, but for students and their families take out an abundance of student loans, the results can be frustrating – saddled with debt that’s increasingly harder and harder to pay off.

Risks of Over-Borrowing on Student Loans

June 24, 2021 2:08 PM
by Izzy Hall
College is expensive. That’s why a majority of college students take out student loans. Nearly 70% of the Class of 2019 took out student loans and graduated with almost $30,000 in debt. It’s a
Summer is the perfect time to take on a student internship. Your class load is lighter, so you have more time to explore options in your preferred industry. There isn’t as much competition from your peers, either, because many have gone elsewhere for summer break, leaving opportunities wide open for you to take advantage of now. Internships open doors in your professional and academic careers by adding to your work experience and offering you a chance to see what a career in your major or interest is truly like.

How to Find a Summer Internship

June 22, 2021 9:46 AM
by Scholarships.com Staff
Summer is the perfect time to take on a student internship. Your class load is lighter, so you have more time to explore options in your preferred industry. There isn’t as much competition from your
Juneteenth is an annual holiday celebrating the emancipation of slaves in the U.S. Though it commemorates a day in the 19th century – June 19th, 1865, when southern slaves first learned of their emancipation – it is in 2021 that the holiday is getting official recognition. President Biden is expected to sign a bill passed by the House making Juneteenth a national holiday. It will be the first new national holiday since MLK Day was created in 1983. To commemorate Juneteenth, Scholarships.com has 8 scholarships opportunities for Black students to apply to in 2021 and early 2022. Be sure to try a free scholarship search to discover even more opportunities for student of color to win free money towards college costs!

8 African-American Scholarships to Celebrate Juneteenth

June 17, 2021 1:49 PM
by Izzy Hall
Juneteenth is an annual holiday celebrating the emancipation of slaves in the U.S. Though it commemorates a day in the 19th century – June 19th, 1865, when southern slaves first learned of their
For someone with limited work experience, creating a resume can be challenging. After all, isn’t the job history section the most important part of the document? If you’re unsure how to create a resume that grabs an employer’s attention because you haven’t had many jobs, don’t worry. There are things you can do to stand out as a student or recent graduate.

How to Add Scholarships to Your Resume

June 15, 2021 9:10 AM
by Scholarships.com Staff
For someone with limited work experience, creating a resume can be challenging. After all, isn’t the job history section the most important part of the document? If you’re unsure how to create a
Summer is in full swing! Students have left their classrooms and homework behind them to enjoy summer break. But don’t forget about school just yet. Summer is a great time to search for and apply to scholarships, especially if you’re a rising high school senior.

Enter Scholarships.com’s $2,000 4th of July Scholarship

June 10, 2021 3:53 PM
by Izzy Hall
Summer is in full swing! Students have left their classrooms and homework behind them to enjoy summer break. But don’t forget about school just yet. Summer is a great time to search for and apply to
Black communities in the U.S. were among the hardest hit by the coronavirus. Infection rates and financial losses were on average were higher in Black communities compared to white communities. Black students take on more student debt than their white peers, and are more likely to struggle to pay their debt off. To give their outgoing and incoming students a leg up financially, some Historically Black Colleges and Universities (HBCUs) have announced student debt forgiveness for their graduating classes and lowered tuition for students enrolling Fall 2021.

HBCUs Forgiving Student Debt and Lowering Tuition

June 8, 2021 11:45 AM
by Izzy Hall
Black communities in the U.S. were among the hardest hit by the coronavirus. Infection rates and financial losses were on average were higher in Black communities compared to white communities. Black
Last month, the FDA authorized COVID-19 vaccines for 12 to 15-year-olds. Previously, you had to be at least 16 years of age to receive any of the three approved COVID vaccines. Now, all high school-aged students can get vaccinated, and New York state has an interesting idea to incentivize getting a vaccine – offering students a scholarship lottery.

NY Students Have a Shot at This Scholarship

June 3, 2021 11:42 AM
by Izzy Hall
Last month, the FDA authorized COVID-19 vaccines for 12 to 15-year-olds. Previously, you had to be at least 16 years of age to receive any of the three approved COVID vaccines. Now, all high