Archive | Money

Financial Aid: The Word on FAFSA

FAFSA. This acronym has made millions of parents weep. That may be overstating it, but it’s turned the college application process into more of a hassle than it needs to be. FAFSA is a clumsy acronym for an even more awkward title: Free Application for Federal Student Aid. Every time I mention FAFSA during a […]

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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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Student Lenders Crying Wolf

If you spend enough time reading about the higher ed community it’s easy to become a cynic. Learning what really motivates schools, for instance, to drop SAT requirements or to offer certain types of kids tuition breaks and not others can make you incredibly skeptical. I am even more skeptical about anything that the student […]

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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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