Blog

Browse All Blog Topics

Blog Articles For Topic 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. [...]

66 months ago 0 comments Read More

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. [...]

66 months ago 0 comments Read More

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? [...]

66 months ago 0 comments Read More

Illinois Governor Pat Quinn signed a law Monday that provides undocumented immigrants access to private scholarships. The Illinois DREAM Act, which passed the state Senate by a wide margin in May, will create a “DREAM Fund” – a scholarship account funded entirely by private dollars that will provide scholarships to undocumented students seeking higher education. [...]

66 months ago 0 comments Read More

My time spent on the Methodist University Debate Team was varied and interesting, a very worthwhile college experience overall. Considering joining your school’s debate team? Here’s some info to help you decide. [...]

66 months ago 0 comments Read More

Even before college applications are due, many students are worried about how they will afford their postsecondary educations. Once the enrollment deposit is in and the initial stress of finding funding has passed, however, it’s easy to forget about how some forms of financial aid – namely, student loans – require repayment starting about six months after graduation. Here are a few tips to follow so you’re prepared when this time comes. [...]

67 months ago 0 comments Read More

Scenario: Your dream school is beyond state boundaries but your college fund is more suited to a college closer to home. Don't fret: If you know what and where you want to study, you could score an impressive tuition break through a regional discount program. Here's the breakdown: [...]

67 months ago 0 comments Read More

Being a college student has a lot of perks in terms of accessible facilities, discounts and resources. Here are a few tips on what to take advantage of while you’re a student: Amazon Prime. The power of a dot edu email address is amazing and here’s a great way to get a top-notch service for free for a year. Amazon Prime gives you free two-day shipping on eligible products and one-day shipping for $3.99. This is a sweet deal and I’ve used mine up already on my textbooks for the past two semesters. After the introductory year is up, you get a discounted rate of $39/year down from the original $79/year. The gym. Membership to your university’s gym is probably included in your tuition and fees anyway. You may as well get up off your butt and use their facilities and sport-specific courts like racquetball, tennis and basketball. Exercise hard and live easy. The student health center. Hooray for potentially cheap healthcare! The doctor might not always be there but someone will help you when Mom is what seems like a million miles away. Student movie tickets. If you and your date want to go out to a movie, a student ticket can save you a few bucks at the box office. Now you can spring for popcorn! Advisors. Universities are full of advisors specific to your major. If you don’t have a major, chances are good there’s someone who can help you choose one. Advisors have experience working with people like you and can assist you with everything from course selection to financial aid and it’s not like the general public can use them! Discounts on big-name computer software and hardware. Things like Microsoft Office, anti-virus software, Photoshop and Apple products all usually have some kind of discount for students. Cash in!

I hope some of you have ideas to add, too. Feel free to comment! [...]

67 months ago 0 comments Read More

The first day of classes means new professors, new classmates and a completely new routine. It is also about the time that universities distribute refund checks to students. Refund checks are extra funds that are left over after all school fees have been paid. These funds are the result of excess scholarships, grants and loans. Refund checks can come in handy, as students can use the extra money to buy a laptop, food, books or to pay off another loan. Some students, however, are not wise with their money and are left scrounging for pennies before the end of the semester. [...]

67 months ago 0 comments Read More

With the start of the fall semester just weeks away, University of California students can look forward to yet another tuition hike – a 9.6-percent increase, to be exact. On Thursday, the Board of Regents passed a $1,068 hike on top of a previously approved 8-percent hike for 2011-2012 school year. The regents voted 14-4 in favor of the second increase to cope with the $650 million cut in state funding for next year. [...]

67 months ago 0 comments Read More

Did you know that more than 70 colleges across the country have replaced loans with grants? That’s right: Schools are offering more free money to entice students to enter their hallowed halls, meaning they will not be saddled with the often-dreaded student loan payments after graduation. What institutions come out on top? Here are a few of the best aid policies, courtesy of the Washington Post’s Daniel de Vise: Princeton University: The Tigers lead the pack time wise, first cutting loans in 1998 and nixing them completely in 2001. Harvard University: After eliminating loans in 2008, Harvard implemented a “zero to 10” standard, which pledges families earning up to $180,000 will pay 10 percent of their income at most toward college-related fees. Amherst College: The school replaced loans with grants and work-study for all students in Fall 2008 and the number of students eligible for Pell grants has nearly doubled to 23 percent as a result. Claremont McKenna and Pomona: Loans were also phased out here in 2008 but not just to help poor students. Roger Huddle, a rising Pomona senior with a household income approaching $100,000, received enough aid to cover roughly two-thirds of the full cost of attendance. Yale University: The New Haven-based Ivy meets full demonstrated need without loans, capping the contribution at 10 percent of income for families earning up to $130,000. [...]

67 months ago 0 comments Read More

There’s good news and bad news regarding state aid for students. The good: State financial aid for college students, including grants, work-study and loans, rose by nearly 4 percent last year. The bad: Just about half of the states surveyed cut need-based grants, even as demand for financial aid increased. [...]

67 months ago 0 comments Read More

When most people start a new job, it takes a while for them to find their way and perfectly arrange their tchotchkes before they feel truly comfortable. Not Susan Herbst: She took over as president of the University of Connecticut just 22 days ago but she’s already made a huge impact on campus and beyond. [...]

67 months ago 0 comments Read More

Working part-time while in school has its benefits because you are getting real work experience but if you don’t want the headache of balancing an outside job and school, there is another option: work-study. [...]

67 months ago 0 comments Read More

From the get go, the DREAM Act, which would provide a path to citizenship for undocumented college students, has faced an uphill battle. With it failing in the Senate last year and both sides expressing skepticism about the bill, U.S. Secretary of Education Arne Duncan told Congress yesterday that the Administration supports its passage. [...]

68 months ago 0 comments Read More

Students with hopes of obtaining college degrees in the state of Tennessee now have more issues to worry about other than just getting accustomed to the college lifestyle: Negotiations have been taking place that will place an even bigger burden on the financial status of students. [...]

68 months ago 0 comments Read More

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. [...]

68 months ago 0 comments Read More

Everyone has a college story to tell. Whether yours has yet to begin, is ongoing or about to start a new chapter, we want to hear about it through our second Scholarships.com’s Short and Tweet Scholarship. This time around, we’d like you to sum up your college experience in 140 characters or less and possibly win $1,000 or a Kindle for school! [...]

68 months ago 0 comments Read More

Whether it is gas, food or tuition, prices are rising on everything. Everyone wants to attend their dream college without having to end up in debt at the end. College tuition will, depending on your university, have a small increase in price every academic year but if you plan ahead and follow these helpful tips, you can ease that financial burden. [...]

68 months ago 0 comments Read More

When applying to colleges, I had an “out-of-state” mentality: I wanted to go anywhere besides the very state I lived in. After applying and being accepted to several schools, the cost of out-of-state tuition caused my plans of leaving Maryland to come to a screeching halt. It wasn't until my second year of college that I found my escape when a friend of mine told me about a program called the National Student Exchange (NSE). [...]

68 months ago 0 comments Read More
View 148 More Articles