A recent study by the National Bureau of Economic Research has revealed that simplifying the rules of applying for financial aid is essential to facilitate more low-income students attending college. The study -- "Into College, Out of Poverty? Policies to Increase the Post-secondary Attainment of the Poor" -- is actually a review of 17 previous studies, all which examined the … [Read more...] about In the News: What Low Income Students Need
financial aid application
All employers, schools, organizations, etc. are required to send your tax information to you by January 31 of each year. Examples: W-2s (from your employer- record of wages earned) 1098T (record of college tuition and fees) 1099 Misc (record of non employer wages) ***For more information visit www.irs.gov. If you are planning … [Read more...] about Get a Head Start on your Financial Aid: File Your Taxes Early !
Have you finished the online Free Application for Federal Student Aid? If not, what are you waiting for? It is true that your Expected Family Contribution (EFC) will be the same no matter how long you wait, but if you procrastinate too long you could lose other financial aid funding. The most needy students as defined by each college, gets a Federal Student … [Read more...] about Early Financial Aid Application Gets the Prize
This is a question that many students have a most do not like the answer. The federal government considers you a dependent student until the age of 24. Financial aid was designed to fill the gap between what the federal government expects the family to contribute (EFC) toward the students' education. Reality may often be different from this calculation. If a student moves … [Read more...] about Apply for Financial Aid as Dependent or Independent?