Because financial and family circumstances can change from year to year, you must complete the FAFSA each academic year you wish to receive financial aid. The FAFSA Renewal is for students who have already completed the FAFSA the previous year. If you qualify to submit a FAFSA Renewal, your school or the U.S. Department of Education… Read more »
How Do I Submit my FAFSA?
The FAFSA is a lengthy form, and can be a daunting one – especially for those who are applying for financial aid for the first time. Be prepared for the hassle but don’t let it deter you from submitting your FAFSA and getting the aid for which you qualify. To submit your FAFSA, you have… Read more »
Start Early, Start Strong by Building Credit While in College
Entering college for the first time is an eye-opening experience for most kids. This is the time when they first taste true freedom and start their young adult life. This is also where a lot of dumb money mistakes can cause serious trouble in the long run. Conversely, smart money decisions can also lead to… Read more »
Federal Supplemental Educational Opportunity Grant
The system of students receiving financial support in the United States is a practice that dates back to 1643 and Harvard college, while as of 1944’s G.I Bill of rights military veterans were eligible to receive support and financial aid from federal funds for tuition and living costs. As time passed and education steadily gained… Read more »
Student Debt in 2010: Its Implications for Student Debt in 2011 and Beyond
2010 has been a big year for student loans and debts, especially since it has struck off credit card charges for the number one spot in debt ratings. As such, a report by the Project on Student Debt organization sheds some pretty useful information on how we as a nation have dealt with this kind… Read more »
Federal Pell Grant
The Federal Pell Grant program is the largest need-based student aid program. In 2011 alone, the U.S Dept of Education handed out 34.8 billion in Pell Grants.1 Pell Grants are only awarded to low- and middle-income undergraduate students who have not earned a bachelor’s or professional degree. For many students, these grants are the foundation… Read more »
What Are Our (Realistic) Options for Handling Student Loan Debt?
So Occupy wants everyone to up and stop paying student loans altogether to make a point. Inject the whole idea with a dose of reality and you get financial suicide that will last for the next twenty odd years. Then again, student loan debt is an issue that we can’t turn a blind eye to…. Read more »
Academic Competitiveness Grant
As of July 1, 2011 the Academic Competitiveness Grant has been terminated and is no longer available as of the start of the 2011-2012 school year due to government budget cuts.1 While the U.S Government has made a series of provisions to use federal funds to provide financial aid to its citizens in many spheres… Read more »
Sympathy For and Against the Plight of Students
Let’s look at college (and the student loans attached) in two ways. One, you have the opportunity to gain an education that will bring you up higher in the socio-economic ladder. The other, you have a system where schools create incompetent and jobless graduates while keeping them locked down in debt for years on end…. Read more »
Higher Pell Grant Awards Overshadowed by Tougher Eligibility Standards
Good news: the maximum amount of money a Pell grant recipient can receive is now at $5,550. This is higher than any maximum limit set in previous years. Bad news: recipients will receive Pell grant awards over fewer years. More bad news: recipients will need to have a high school diploma or at least pass… Read more »