I'm starting a new feature here at the Financial Aid Finder that I'll be calling -- for lack of a better name -- Did you know?. Every other week or so, I will look at one important, but little known (or often forgotten) aspect of financial aid. The goal here is to help you be better informed so that you can get the most of your financial aid award. This week, I'm focusing on … [Read more...] about Did you know: The Expected Family Contribution
Federal Aid
Who Benefits from GI Bill Benefits? New Study Says For-Profit Universities
Several years ago, the Federal Government passed a new GI Bill, which provides veterans with the full cost of the most expensive public school tuition in their state, along with housing and expenses. With all these resources, you might wonder which schools are profiting the most? According to a recent report, the answer is a private for-profit schools such as the … [Read more...] about Who Benefits from GI Bill Benefits? New Study Says For-Profit Universities
Tax Credits & Deductions for Students
It's tax time and if you're a student, there is some good news for you. The Federal Government offers a host of tax credits and deductions for college and graduate students -- or your families, if your parents still claim you on their tax returns. Here's a look at some of the ways you can save money -- or get money back -- on your tax returns. Tax Credits A tax credit … [Read more...] about Tax Credits & Deductions for Students
Are 529 Plans Still a Good Plan?
If you are a parent who has diligently socked away funds in a 529 Plan for your children's college education, you probably lost some money, then maybe gained some back in recent years. Seeing your kids' nest egg going up and down is scary, no doubt about it. When the panic starts to set in, some of you are probably thinking about calling it quits on your college savings. … [Read more...] about Are 529 Plans Still a Good Plan?
Drug Offenders can Earn Aid under Budget Reconciliation Act
At least 175,000 people are denied federal financial aid due to prior drug offenses according to a recent article in Yahoo News. However, the Budget Reconciliation Act that was passed has provided a provision to allow students who have drug offenses a new chance at federal student financial aid. The provision is targeted at older non-traditional students. Federal Financial … [Read more...] about Drug Offenders can Earn Aid under Budget Reconciliation Act