Tag Archives | Mark Kantrowitz

A Troubling Financial Aid Wrinkle

Parents are often worried about how their assets will impact their chances for financial aid. Often their fears are overblown because financial aid formulas don’t penalize families for all their assets. But it is true that families are now experiencing a harder time protecting their assets from financial aid calculations because of a horribly flawed […]

Continue Reading 5

How Much Parents and Students Are Borrowing for College

As recently as the early 1990s, most students did not take out college loans. Today nearly 71% of students borrow to pay for college. The typical student borrower graduating with the class of 2015 left college with an average debt of $35,051, according to an analysis by Mark Kantrowitz, the publisher of Edvisors.com. In Kantrowitz’s chart below, […]

Continue Reading 0
Single dollar bill

Getting Help With the FAFSA

FAFSA season is fast approaching, which always brings questions about the Free Application for Federal Student Aid. In my post today, I want to share advice about why you should submit the FAFSA and who should be completing the actual financial aid form. I also want to share the link to an excellent and free […]

Continue Reading 11

Assets You Don’t Need to Report on the FAFSA

Every year, 20 million families file the Free Application for Federal Student Aid (FAFSA) and plenty of them inadvertently make costly mistakes. To avoid the same fate, I’d urge you to check out the Edvisors Network’s free 201-page guide, entitled Filing the FAFSA. The guide, which you can download from Edvisors’ website, provides advice on […]

Continue Reading 5

8 Things You Need to Know About Private Scholarships

Winning private college scholarships can certainly help make college more affordable, but you need to know the realities of competing for college cash. My pet peeve about private scholarships is that people assume that they are the biggest source of college cash when they are really the smallest. Before you start hunting for private college […]

Continue Reading 9