Applying for aid is just the first step in a process. One in three applicants will be selected for a process called verification. If your application is selected, you will need to provide the financial aid office with tax forms and other documents. Provide the verification documents as soon as possible. Most financial aid offices [...]
The U.S. Congress is struggling to agree on the budget and whatever state you live in is struggling too. One of the big problems is that much of the fluff has already been cut and there are not a lot of discretionary areas to reduce spending. Education is one of the targets. How does that [...]
Have you been watching the news? There is a big fiscal stand-off in Washington, DC. Both sides say they want to reduce the deficit and balance the budget. Last week the House of Representatives passed HR 1, which would cut funding for education programs by $11.5 billion (16.1%). If the Senate passes this it would [...]
Plan ahead. The Pell Grant is paid on a pro-rated basis. If you are attending a four-year college or university, they may require you to attend full-time, but most community colleges leave the enrollment decision to the individual students. Research has shown that students who attend full-time are usually more successful in their studies. This [...]
On Wednesday, President Obama revealed his budget plan, which includes a major overhaul of the current federal student loan program. The sweeping and controversial plan would completely alter the $85 billion student loan business, which currently profits companies like Sallie Mae to the tune of $4 billion a year. Here’s how: The way federal Stafford [...]
