College Avenue Student Loans Edvisors Private Student Loans

Scholarship News

White House Proposes Federal Budget Freeze


January 27, 2010
by Scholarships.com Staff
Immediately on the heels of an announcement that President Obama would be calling for additional assistance to college graduates struggling to repay student loans, the administration also unveiled a proposal to hold federal discretionary spending to current levels for the next three years, a move that could potentially have serious implications for colleges and students.

Immediately on the heels of an announcement that President Obama would be calling for additional assistance to college graduates struggling to repay student loans, the administration also unveiled a proposal to hold federal discretionary spending to current levels for the next three years, a move that could potentially have serious implications for colleges and students.

Currently, most federal education spending, including student financial aid, is discretionary, not mandatory, so it would fall under the umbrella of the budget freeze. This makes it possible that students will see limited increases to federal grants, work-study, and subsidized student loans in the coming years. The White House has pledged to make education a funding priority, but with states and colleges also struggling financially, it’s quite possible that financial aid programs will see an end to the boost in financial support they’ve received in the last few years.

It’s possible one federal aid program, at least, may be spared from the budget freeze. Last year, President Obama proposed making the Pell Grant an entitlement, putting it in the category of Medicare and other programs that would be exempt from the budget freeze, but the bill to do so still has not passed the Senate. If the bill passes, Pell funding will be mandatory and increases in Pell Grants will be tied to inflation, guaranteeing students a small, but steady, increase in available aid. If not, it’s up to Congress to allocate limited resources for any increases in grant amounts, and with increases in the numbers of college attendees, applications for financial aid, and Pell Grant recipients, it may be all Congress can do to hold funding levels steady for the next three years.

As details of federal and state budgets emerge, and emergency legislation that temporarily boosted funding to schools and student aid begins to be revisited and possibly phased out, exact changes to college funding will become clearer. Already, though, many families are finding paying for college increasingly challenging, even with the aid of college scholarships and grants. There’s a possibility that a federal budget freeze could mean that students in the next few years will see a situation similar to the one that faced students at the start of the last decade, where tuition increased rapidly while federal aid held steady and more and more students came to rely on private student loans.

Just because there are millions of college scholarships out there doesn’t mean you have time to go searching, and many won’t even match your profile. We’ve done the work and Scholarships.com is totally free. We have the search algorithms and scholarships database, saving you time in searching, finding and applying to thousands of dollars in college scholarships. Get instantly matched to scholarships that meet your unique talents, skillset and strengths, only those you qualify for. Access a complete list of college scholarships now by conducting a free college scholarship search at Scholarships.com.

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


 
The college dining hall – a place for food, friends and well-earned breaks. It’s known for a wide array of food bars, buffets, made-to-order stations and generous ice cream offerings. But for the Fall 2020 semester, the dining experience will undergo a reinvention to serve food safely amidst the novel coronavirus. What will the dining halls of the COVID-19 era look like?

New Menus for College Dining in Fall 2020

June 30, 2020 10:56 AM
by Izzy Hall
The college dining hall – a place for food, friends and well-earned breaks. It’s known for a wide array of food bars, buffets, made-to-order stations and generous ice cream offerings. But for the
If you're worried about how you will pay for college during the COVID-19 pandemic, you're not alone. Students and families are concerned about the college financial ramifications as a result of the coronavirus pandemic, and higher education institutions are anticipating an increase in students' financial aid need, as well as a large number of college financial aid appeals. Fortunately, there are ample options and resources to help you pay for college these coming semesters. Explore the various options to find out which works best for your situation - from scholarship deadline extensions to relief provided through the CARES Act and more.

Paying for College during Coronavirus

June 26, 2020 3:48 PM
by Susan Dutca-Lovell
If you're worried about how you will pay for college during the COVID-19 pandemic, you're not alone. Students and families are concerned about the college financial ramifications as a result of the
On June 1st, Kansas State began bringing back student athletes to start football pre-season training with voluntary workouts. By June 20th, with 13 students testing positive for coronavirus, they shut their workout program down. What happened to the Kansas State athletes wasn’t unique – as schools, hoping to bring back the moneymaker that is college football, are discovering. And it provides an early look at what schools could be facing if they plan to re-open their campuses come the fall.

College Football Pre-Season Gets off on Wrong Foot

June 25, 2020 3:14 PM
by Izzy Hall
On June 1st, Kansas State began bringing back student athletes to start football pre-season training with voluntary workouts. By June 20th, with 13 students testing positive for coronavirus, they
Students want to go to campus this fall. Schools would like to have them there. But campus won’t be the same as it always has. In order to prevent the spread of coronavirus, colleges and universities are instituting new policies and discussing new living arrangements for their incoming students. Beyond social distancing, face masks and hand sanitizer, here are changes colleges are considering for students living on campus.

What Will Living on Campus Look Like This Fall?

June 16, 2020 10:51 AM
by Izzy Hall
Students want to go to campus this fall. Schools would like to have them there. But campus won’t be the same as it always has. In order to prevent the spread of coronavirus, colleges and universities
Are you dealing with student debt? You’re not alone. The amount of student debt that Americans owe is a staggeringly-high $1.7 trillion dollars and growing. Almost 70% of graduating high school seniors from the Class of 2019 took out student loans, and it’s likely that percentage will only increase for the Class of 2020. If you’re looking for some help managing your student loans, here are a handful of free and low-cost online resources that can help.

Want Help with Student Debt? Try These Resources

June 12, 2020 9:54 AM
by Izzy Hall
Are you dealing with student debt? You’re not alone. The amount of student debt that Americans owe is a staggeringly-high $1.7 trillion dollars and growing. Almost 70% of graduating high school
June is Gay Pride Month 2020, which marks the 50th anniversary of annual LGBTQ+ celebrations and traditions. In honor of LGBTQ Pride Month, Scholarships.com is featuring LGBTQ+ college scholarships for lesbian, bisexual, gay, transgender, and questioning students. There are also scholarships for college for those who identify as an LGBTQ+ ally! View even more financial aid for LGBTQ+ students and allies here.

Pride Month: LGBTQ and Ally Scholarships for 2020

June 11, 2020 4:20 PM
by Susan Dutca-Lovell
June is Gay Pride Month 2020, which marks the 50th anniversary of annual LGBTQ+ celebrations and traditions. In honor of LGBTQ Pride Month, Scholarships.com is featuring LGBTQ+ college scholarships
Last week the College Board officially announced that it would be suspending its plans to offer an online SAT for high school students over the summer. Earlier this year, as the organization was cancelling testing dates due to the coronavirus pandemic, they had hoped to provide an at-home version of the test. But the technological requirements needed to ensure fair testing across the country cannot be guaranteed, and the struggle many students faced submitting their AP Exams – which acted as a test run for the virtual SAT – likely contributed to the College Board’s change of plans.

College Board Delays Online SAT

June 9, 2020 10:48 AM
by Izzy Hall
Last week the College Board officially announced that it would be suspending its plans to offer an online SAT for high school students over the summer. Earlier this year, as the organization was