Archive | Financial aid

Getting the Best Financial Aid Package

  More colleges and universities than ever are handing out merit aid to students.   I blogged about this phenomenon right before Thanksgiving. It was one of the conclusions of a new report that was released by the National Association for College Admission Counseling that explored financial aid policies of the nation’s colleges and universities. […]

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Giving College Scholarships to Rich Kids

I have a friend who is so wealthy that she and her husband don’t qualify for financial aid even though they have three kids attending college right now. She’s a financial planner and her husband is an attorney and they can easily write checks to all three schools including Georgetown University which costs around $50,000 […]

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Pell Grants: Leaving Free Cash on the Table

Don’t overlook free money. That’s unfortunately happening too often as students and families try to figure out how to pay for college. A recent study from the U.S. Department of Education concluded that nearly 40% of full-time students who attend community college don’t fill out the FAFSA (Free Application for Federal Student Aid). Even more […]

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Runaway College Costs

Here’s a news bulletin that’s certainly appropriate for Halloweeen: The cost of a bachelor’s degree has climbed again. According to the College Board, tuition and fees for the 2008-09 school year jumped anywhere from 4.5% to 6.5%, depending on the type of institution. Here are today’s typical tuition costs: Four-year public institution: $6,585. Four-year private […]

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A College's Financial Footprints

In my last post, I shared how you can get a pretty good idea if your family will qualify for financial aid. You need this information if you are eager to slash the cost of your child’s bachelor’s degree. Here’s an example:  Let’s suppose a bright teenager, whose parents are wealthy, gets accepted into Georgetown […]

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