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Should You Apply for Financial Aid?

on November 8, 2010 in Financial aid, Money, Parents, Student Loans

Are you wondering if you should apply for financial aid? For most families, the answer will be yes.  You should file for financial aid. Here are three key reasons why families of any income level should apply for aid by completing the Free Application for Federal Student Aid: 1. The FAFSA is free. The FAFSA [...]

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Federal Student Loan Reform: Biggest in a Generation

on March 18, 2010 in College Costs, Financial aid, Money, Student Loans

Congress is on the verge of enacting the biggest federal student loan reform in a generation. I’ve been following the high-stakes fight on Capitol Hill between the student lending giants and the Obama administration for some time, but I didn’t feel compelled to share the news until the legislation looked like a sure thing. The [...]

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Elite Schools Looking for Diversity

on September 30, 2009 in Academic quality, California universities, College rankings, Financial aid, Other, Universities

I  spent some time yesterday afternoon listening to  Peter Johnson, the dean of admissions at Columbia University, talk to a dozen or so attentive students at High Tech High in San Diego.  The visit from an Ivy League admission dean at my son’s school isn’t as unusual as you might think. During the fall, it’s [...]

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Take the Financial Aid Quiz

on July 15, 2009 in Financial aid

How much do you know about college financial aid? Take this financial aid quiz to find out. 1. If your adjusted gross income exceeds $120,000, you won’t be eligible for financial aid at any school. A. True. B. False. 2. After receiving a financial aid package from a college, the amount can only be increased [...]

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Pell Grants: Leaving Free Cash on the Table

on November 6, 2008 in Community colleges, Financial aid

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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Pell Grants and Ivy League Hypocrisy

on July 22, 2008 in Financial aid, Ivy League

The most emailed story in The New York Times on Monday focused on Berea College, a little school in Kentucky with a heart of gold. The college charges no tuition and only accepts low-income teenagers. Every student graduates with no debt. Not surprisingly, the school is mobbed every year with applicants. Berea is dedicated to [...]

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