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Friday, March 12th, 2010
College tuition is one of those items that always seems to be increasing.
Why?
Check out this article for details.
There are some ways you can help pay for college, though. One is by asking your employer to help you!
Have you had any luck getting tuition reimbursement from your employer? Share your story in the comments section below!
Friday, October 16th, 2009
Check out these colleges with tuition of $30,000 a year…or more.
Yeah, yeah, I know that many students won’t pay the full sticker price, and there are grants and scholarships available that can cover a good deal.
But still.
Can you imagine if you were one of the students—or parents—paying $120,000 for a degree, not including room, board and incidentals?
Monday, August 17th, 2009
Looking for scholarships, grants, student loans or on-campus job opportunities? Looks like you’ll be filling out the Free Application for Federal Student Aid (FAFSA).
The FAFSA is also used by many colleges to determine eligibility for their own institutional financial aid programs. Use it as motivation to do your taxes early—and do it as soon after January 1 as possible. The FAFSA could be your ticket to free money from the government or your college, low-interest student loans or a work-study job.
Fill out a FAFSA for every year you’re in college, no matter how much aid you think you will (or won’t) receive. You’ll have a hard time getting any tuition help if you don’t apply.
A grant is free money that doesn’t have to be paid back, like a scholarship. Loans must be paid back in full with interest. Your lender will spell out the terms of your loan agreement, including when you will start paying it back, how often you will make payments and how much each payment will be.
Student loans are common and effective ways to pay for your college education as long as you’re clear about how much and how quickly you’ll have to pay them back.
You can find a FAFSA in college admissions offices or online at fafsa.ed.gov.
If you fill out a paper version of the FAFSA, don’t forget to sign it before turning it in! The form cannot be processed without your signature. If you fill out the FAFSA online, you’ll receive a unique PIN that will allow you to start, save, access and “sign” your application online.
EFC, SAR, COA…the road to financial aid can be flooded with alphabet soup. After your FAFSA is processed, you’ll receive a Student Aid Report (SAR) to review. The SAR compiles your FAFSA info to determine your estimated family contribution (EFC). The EFC is based on your investments, savings and other assets that could be used to pay for college. Colleges use your EFC to determine your financial need by subtracting it from the school’s cost of attendance (COA).
The difference is your financial need, which determines how much loan and grant help you’ll need.
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