Not surprisingly, the rising cost of college is a big deterrent for students from low-income families to attend college, according to a new report from Urban Institute. Many low-income students don’t have the same access to information about college and financial aid programs from school counselors as higher-income students do, so a large portion of […]
While college costs continue to rise, there’s some good news for students who will be enrolled in college this fall: lower student loan interest rates.
Interest rates on federal student loans for the 2015-16 school year will drop by more than one-third of a percentage point, according to Inside Higher Ed.
Need-based financial aid, particularly in the form of Pell grants, is designed to make college more affordable for low-income students who may not otherwise be able to attend college. But a new study, as reported by the Washington Post, finds that the students who need financial aid the most are the ones who end up with the most […]
A recent article from the Hechinger Report addresses a problem many of our clients face: confusing financial aid award letters from colleges. Full of technical jargon, abbreviations and often misleading information, many letters leave families unsure of how much college will actually cost, which makes it difficult to compare letters from different schools. Financial aid ‘awards’ […]
One of the main tenants of Roman Catholicism is to help the poor, but a new study finds Catholic colleges and universities in the U.S. are doing a poor job. The New America Foundation found that five of the 10 most expensive private universities for low-income students, and 10 of the top 28, are Catholic. […]
By now, most high school seniors have heard back from the colleges to which they’ve applied. And many, unfortunately, are likely disappointed with the financial aid package they’ve received from the schools of their choice. In many cases, students find themselves heartbroken over not being able to attend their top-choice college because their family can’t […]
As college costs have risen, financial aid at most colleges hasn’t kept up, leaving students to make up the difference with loans.
According to Peterson’s, the average college only provides enough scholarships or grants to meet 70% of what low- and moderate-income students need to pay their college bill.
As budget cuts have hit public colleges hard, many have raised tuition to make up the difference. But others, including the University of Alabama, University of Arkansas and UCLA, have employed a different strategy: enrolling more out-of-state students, who pay higher tuition than in-state students. Out-of-state enrollment on the rise at public colleges A recent […]
It’s FAFSA season–and if you haven’t completed your Free Application for Federal Student Aid, now’s the time to do it.
This new infographic from CampusLogic shows some interesting facts about the FAFSA that might surprise you.
It’s a common myth that financial aid is only for low-income students, and if you make too much money, you have no chance of receiving financial aid.
But according to a recent analysis by Slate, this couldn’t be further from the truth.
In fact, both public and private colleges award financial aid to a significant percentage of middle-class students.