Scholarship News

Fewer Families Are Saving for College


October 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.

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.

ADVERTISEMENT

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.

Connect with our massive database of millions of college scholarships by conducting a free scholarship search at Scholarships.com. Scholarships.com offers the simplest way to search for, apply to, and win college scholarships. Make your college education affordable or even free, by conducting a free college scholarship search at Scholarships.com.

ADVERTISEMENT

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
According to the Higher Ed Immigrant Portal, first-generation immigrants accounted for 28% of all college and university students in 2018. Although there is no federal law prohibiting undocumented and DACA-eligible students from enrolling in higher education, the path to earning a degree can be challenging in today’s political climate. To make up for the lack of federal financial aid available to these students, many states and colleges offer other forms of financial aid to help these students earn their degree with less debt. There are also a great deal of  scholarships available for undocumented and DACA-eligible students in the United States.

Undocumented and DACA Student Scholarships

January 26, 2022
by Liz Montenegro
According to the Higher Ed Immigrant Portal, first-generation immigrants accounted for 28% of all college and university students in 2018. Although there is no federal law prohibiting undocumented
When it comes to a student’s overall success, experts have found that a college’s location on the map is equally as important as the quality of the school’s curriculum and social environment. According to Forbes,  these colleges ranked #1 for each of these categories: large city, midsize city, and small city college towns out of 415 U.S. cities. When planning your next campus visit, consider schools in these top-rated college towns.

Best U.S. College Towns 2022

January 21, 2022 11:05 AM
by Liz Montenegro
When it comes to a student’s overall success, experts have found that a college’s location on the map is equally as important as the quality of the school’s curriculum and social environment.
On this year’s 27th anniversary of Dr. Martin Luther King, Jr. (MLK) Day in the United States, the national day of service has transformed into an entire MLK Week on college and university campuses around the country to honor the legacy and to continue the work of Dr. King toward greater equality, diversity, and inclusion of all people through nonviolence.

MLK Week Events Guide 2022

January 19, 2022 1:35 PM
by Liz Montenegro
On this year’s 27th anniversary of Dr. Martin Luther King, Jr. (MLK) Day in the United States, the national day of service has transformed into an entire MLK Week on college and university campuses
There are quite a few myths surrounding scholarships. Perhaps you’ve heard the most common misconception: that scholarships are only meant for graduating high school seniors. Let’s debunk this myth today by connecting you with scholarships created for high school freshmen and up.

Scholarships for All High School Students

January 12, 2022 9:56 AM
by Liz Montenegro
There are quite a few myths surrounding scholarships. Perhaps you’ve heard the most common misconception: that scholarships are only meant for graduating high school seniors. Let’s debunk this myth
Are you recognized across your campus and community for your activism driven by your passion for the environment? Channel your fervor for a greener future into funding for college. If you have a desire to make a lasting impact on our world and the track record to prove it, take a look at these scholarships. You can also find a full list of scholarships for environmental activists here.

January Scholarships for Environmental Activists

January 7, 2022 1:32 PM
by Liz Montenegro
Are you recognized across your campus and community for your activism driven by your passion for the environment? Channel your fervor for a greener future into funding for college. If you have a
The New Year promises a fresh beginning. You get to start off with a clean slate and leave last year’s worries behind. As we kick off a new semester, we all want to improve in some way and make this year better than the last.

Students, Make Your 2022 Resolutions Stick

January 5, 2022 12:14 PM
by Liz Montenegro
The New Year promises a fresh beginning. You get to start off with a clean slate and leave last year’s worries behind. As we kick off a new semester, we all want to improve in some way and make this
You’ve made it to your last year of high school- senior year- and graduation is just a few short months away! You are so close to taking that deep sigh of relief and starting the next chapter of your life, but it’s not quite over yet.

Tips for Curing Senioritis

December 30, 2021 1:44 PM
by Liz Montenegro
You’ve made it to your last year of high school- senior year- and graduation is just a few short months away! You are so close to taking that deep sigh of relief and starting the next chapter of your
If you’re a high school student, it’s never too early to start making your list of colleges. As you narrow down your search, the best way to decide on the best fit for you is to step foot on campus, get a feel for the campus culture, and ask the right questions. Do you see yourself studying in a college town or a more urban area? Does a large student body sound exciting, or would you prefer a smaller, more intimate school setting? Since most of the college’s facts can be found online, you will want to find out the “real deal” that only a living, breathing human being can answer, so that you can see how the school’s information is manifested in students’ daily lives.

5 Questions to Ask at Your Next College Tour

December 29, 2021 10:11 AM
by Liz Montenegro
If you’re a high school student, it’s never too early to start making your list of colleges. As you narrow down your search, the best way to decide on the best fit for you is to step foot on campus,