by Mara Strom Wisebread had an interesting post about students whose families' middle class income status has squeezed them out of the golden Medina of federal and state financial assistance: Financial Need. Blogger Xin Lu cites two college friends whose families were well off enough to be denied financial assistance to their top picks -- Harvard and MIT. When their … [Read more...] about Too Rich for Tuition Assistance… Too Poor for Tuition
Federal Aid
This Just In…Tuition is a Nightmare
Okay so the rumors are true, tuition costs are ... not going down. Tuition for both public and private universities have gone up anywhere from 3-8 percent and that's just the start. Universities are citing a plethora of reasons which can include anything from facility updates to an increase in gas prices. Does anyone else have a problem with this? An increase in gas prices is … [Read more...] about This Just In…Tuition is a Nightmare
Financial Aid for Online Degrees
Earlier this week we talked about whether or not distance learning is a good fit for you. Even if you passed our five-question "quiz" with flying colors, there's another factor that any would-be student needs to consider: Cost. The viability of financial aid is a major factor for many students in selecting a school, and online schools are no different. In fact, a new study … [Read more...] about Financial Aid for Online Degrees
Reduce the Cost of College, Part V: Upromise
Welcome to the part 5 of my series on ways to reduce the cost of college. It's been a while since we have had an update, so this one is quite overdue, I'm afraid. Just to remind you, so far, I've spotlighted four suggestions: 1. Graduate from college in three years rather than four 2. Go to a local community college for up to two years before transferring to a four-year … [Read more...] about Reduce the Cost of College, Part V: Upromise
529 College Savings Plans Comparisons
The Coverdell Education Savings: This type of college savings plan can be applied to more than college. A Coverdell Education Savings Account can be used as savings for elementary through high school education as well as college. Parents or students may contribute up to $2,000 a year tax-free. A few stipulations are that single parents may not earn more than $110,000 and … [Read more...] about 529 College Savings Plans Comparisons