Funding college can be difficult with tuition in the tens of thousands of dollars per year at most private institutions. There are many options for loans, but how can you know which one is right for you? Here are a few differences between private and federal loans. Private lenders are going to want to know […]
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In the past 30 years, the average cost of tuition at public universities has increased by 213% and private schools have also more than doubled their tuition. To go to a 4-year private school with room and board, you are looking at an average of nearly $47,000 per year according to a recent article in
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Yes, you read that right. Just because your household income is over six figures doesn’t automatically exclude you from getting tuition assistance. However, it does make things a little tougher, so you need to start early and know the right places to look. Here are three tips for higher-income families who don’t want to take
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If you are looking for financial aid for school, you have two main options: merit-based aid and need-based aid. Before you write yourself off as only being able to apply for one or the other, we’re going to discuss both options, the pros and cons, and why you need to apply for both types regardless
Merit-Based Vs. Need-Based Financial Aid – Understanding the Difference Read More »
With college tuition costs constantly on the rise, it makes sense to begin looking for financial aid as soon as possible. But you may have some questions regarding the process and whether or not it is even worth going through it based on your family’s income. Here are a few tips for students seeking financial
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Don’t write off need-based aid just because your family isn’t low income. Plenty of financial aid for school goes uncollected every year, so by applying for the right aid at the right time, you may have access to funds you never imagined possible. At the same time, you want to put all of your hard
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College isn’t cheap, especially if you plan on finding a private university to attend. It is no wonder that average American household pays $23,757 per year for college tuition according to an article on CNN from last summer. So how does the average American family pay the bill? Researchers broke down where the funds came
A Breakdown of How an American Family Pays for College Read More »
The primary system in place for getting federal student loans is the William D. Ford Direct Loan Program. When you receive a student loan in this manner, it is the U.S. Department of Education that is loaning the money to you. The program consists of four loan types. Here is some more information on each
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Financial aid, student loans, and scholarships all account for part of a student’s time in college, but much of the burden falls on parents. How can you make smart decisions while trying to fund your child’s tuition fees? Here are three important reminders. Have an emergency account – Set up a savings account just for
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College tuition is really expensive – that’s not a shocking statement. Everyone knows that it costs a small fortune to go to college, and everyone knows that the cost of school continues to go up. That’s been going on for a century, and it is why financial planning is so important. The really shocking thing
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