September 18, 2018

Listen very closely, Cappexians: scholarships can make higher education attainable. I want you to repeat that a couple dozen times to yourself while you scroll...

September 18, 2018

Most students apply for admission to ten or fewer colleges and universities. But some students feel the need to apply for more. Perhaps they are worried...

September 18, 2018

 

There are many scholarships for students who had cancer and for children of parents who had cancer. There are even scholarships for students who...

September 18, 2018

College and university scholarships are a convenient way to pay for an undergraduate degree, but many students are confused about how the whole process works....

September 18, 2018

You might think you know what the FAFSA’s EFC means, but do you? When you file the Free Application for Federal Student Aid (FAFSA), your income, asset...

September 18, 2018

Are you going to pay too much for an undergraduate degree? Here are danger signs that you might be heading in that direction.

Parents send...

September 18, 2018

The Free Application for Federal Student Aid (FAFSA) asks whether an applicant has received a bachelor’s degree because some forms of financial aid only are...

September 18, 2018

If the price of an undergraduate degree is freaking you out, here is one of the very best things that you can do to save...

September 18, 2018

The Free Application for Federal Student Aid (FAFSA) is based on income and tax information from the prior-prior year federal income tax return, current asset...

September 18, 2018

One of the biggest mistakes you can make when heading off to college is not tapping into the big wide world of scholarships out there....

September 17, 2018

Some scholarships are specialized or celebrate the varying studies or traits of students. The list below highlights a few of the most unique ones offered...

September 17, 2018

You should file the Free Application for Federal Student Aid (FAFSA) as soon as it becomes available October 1. The FAFSA has a 21-month application...

September 17, 2018

Public Service Loan Forgiveness and other loan forgiveness programs are complicated, so there are many ways in which a borrower can lose eligibility for loan...

September 17, 2018

To shrink the cost of an undergraduate degree, you need to know about the main sources of free money. You can trace the biggest pot...

September 17, 2018

Low-income and underrepresented students experience the hardest setbacks when it comes to affording a bachelor’s degree. Here are 13 ways that these students can make it...

September 17, 2018

Each year, the Free Application for Federal Student Aid (FAFSA) uses a different set of colors. Ever wonder why? Read on as we reveal the...

September 17, 2018

Sometimes, simple financial aid mistakes can cost you money. What you do, or don’t do, when filling out financial aid forms can cause you to...

September 17, 2018

After your first year of living on campus, you’ll have plenty of options for new living spaces like Greek housing, fancy dorms and off-campus housing....

September 17, 2018

Living in a dorm is a part of the quintessential campus experience, but movies and television shows have perpetuated a few misconceptions about dorm life....

September 14, 2018

Just thinking about earning an undergraduate degree can be stressful. It’s also common to worry about getting into a college or university, paying for it...

September 14, 2018

Students spent an estimated $470 million on application fees for undergraduate admissions in 2015, based on data from Integrated Postsecondary Education Data System (IPEDS). The...

September 13, 2018

Deciding which fraternity or sorority chapter to rush can be just as difficult as deciding to join Greek life in the first place. Going Greek can be...

September 13, 2018

Which of the following groups enjoys the greatest undergraduate admission advantage?

  1. Minority students
  2. Middle-income students
  3. Upper-class students

If you picked choice number three, then you...

September 13, 2018

Students who are single parents are much less likely to graduate than other undergraduate students. They also graduate with more student debt. Yet there are several...

September 13, 2018

Preparing for the ACT and SAT takes months. Students read and take practice tests, go to SAT prep classes and sometimes hire tutors to walk them through the process. For...

September 13, 2018

Whether you’re an incoming freshman looking to make some extra spending money or a rising high school junior hoping to get some experience in a...

September 13, 2018

 

Colleges and universities host several free services that often are overlooked by students. These services can come in handy countless times throughout your time...

September 11, 2018

 

This table lists all prepaid tuition plans. 11 of the prepaid tuition plans are closed, while 13 prepaid tuition plans, including the Private College...

September 11, 2018

 

Understanding the world of college financial aid can be difficult. To make the process easier, here are answers to some of the most common...

September 11, 2018

 

Earnings in a 529 college savings plan can ensure that all collegiate expenses will be covered. Additionally, earnings grow federal tax-free and will not...

September 11, 2018

 

Scholarship scams are a form of fraud where the scam promises to provide college scholarships. Most scholarship scams seek to get students and their...

September 11, 2018

 

The Federal Consolidation Loan combines multiple Federal Education Loans into a single loan, simplifying the repayment process. Read on for everything you need to...

September 11, 2018

 

Student loans are among the largest sources of consumer debt, second only to home mortgages. Therefore, mistakes involving student loans can have some of...

September 11, 2018

 

The borrower of a Federal PLUS loan must not have an adverse credit history. Learn how you can address an unfavorable credit history with...

September 10, 2018

 

Even though it can take several decades to repay student loans, many students don’t know how much they borrowed. Most don’t know how much money...

September 10, 2018

 

Student loan fees are charged as a percentage of the amount borrowed. Fees on student loans usually are deducted from the disbursements and not...

September 10, 2018

 

Zombie student loans are old student loans that someone is demanding you pay, even though you already paid off the student loans in full,...

September 10, 2018

 

Before applying for a student loan, consider the pros and cons of private student loans. Read below for an in-depth look at the reasons to...

September 10, 2018

 

The U.S. Bankruptcy Code provides an exception to discharge of federal and private student loans at 11 USC 523(a)(8).

The statutory language that...

September 10, 2018

 

The Rhode Island Student Loan Authority (RISLA) provides private student loans for undergraduate and graduate students and private parent loans for parents of undergraduate...

September 10, 2018

 

Raise Loans provides private student loans for undergraduate and graduate students. Raise loans are made by Cognition Lending Corporation, formerly known as First Marblehead....

September 10, 2018

 

Student Loan Finance Corporation (SLFC) provides iHELP private student loans for undergraduate and graduate students through community banks.

Highlights:

  • Competitive variable interest rates with...
September 10, 2018

 

Connext provides private student loans for undergraduate and graduate students.

Highlights:

  • Choice of fixed and variable interest rates
  • No application or origination fees
  • High...
September 10, 2018

 

College Ave provides private student loans for undergraduate and graduate students and private parent loans for parents of undergraduate students.

Highlights:

  • Competitive fixed and...
September 10, 2018

 

There are many different types of student loans available. The main distinction is between federal education loans and non-federal education loans. Non-federal education loans...

September 10, 2018

 

Many lenders offer private student loans, from banks and credit unions to other financial institutions. So how do you choose a private student loan from...

September 10, 2018

Most community college students who would like to obtain a bachelor’s degree never do. Only 14% of students who start at a community college end up transferring and earning...

September 10, 2018

 

Every year, millions of students begin their college journey at community colleges. Did you know that 40% of undergraduate students get their start at...

September 10, 2018

 

Student loan eligibility depends on the type of student loan. Federal and private student loans have different eligibility criteria. Read on for more information...

September 10, 2018

 

The summer before college can be a time to unwind from the stress of college admissions. But it is also a good time to prepare...

September 7, 2018

 

It is cheaper to save than to borrow, but many parents do not save for their child’s college education. Even among the parents who...

September 7, 2018

Employer-Paid Tuition Assistance

Amount

$5,250

Eligible Expenses

Tuition, Fees, Course Materials

Eligible Students

No restrictions

Number of Years

Unlimited

Income Phase-outs

None

Up to $5,250...

September 6, 2018

 

If you must work during the summer, try finding a part-time job that fits your schedule and demands. Remember, when applying for a job,...

September 6, 2018

 

A net price lock can contribute to an increase in college graduation rates and a decrease in student debt. Tuition locks, also known as...

September 6, 2018

 

There are many reasons why borrowers might want to reduce their student loan payments. Some of the more common reasons include saving money, dealing...

September 6, 2018

 

Attending a four-year college or university to obtain a bachelor’s degree costs thousands of dollars. So students should consider the free services their potential...

September 6, 2018

 

Gifts from a donor to a recipient might be subject to gift taxes, which are paid by the donor. Gifts to the donor’s spouse...

September 5, 2018

Amount

$2,500 tax credit per student

(100% first $2,000, 25% second $2,000)

40% refundable (up to $1,000)

Eligible Expenses

Tuition, Fees, Course Materials

Eligible Students...

September 5, 2018

 

For many borrowers, the best income-driven repayment plan is the one with the lowest monthly loan payments. But with four different options, figuring out...

September 5, 2018

 

Well-honed skills and hobbies are a viable way to earn scholarships. If you play an instrument, take a look and see which scholarships you...

September 5, 2018

 

It is important to evaluate affordability when considering which offer of admission to accept. Financial aid award letters can be confusing, so make sure...

September 5, 2018

 

The scholarship search doesn’t need to stop once you begin your undergraduate studies. Scholarship money still is available to you in college. Plus, some...

September 5, 2018

 

Knowing how to appeal merit scholarships and need-based financial aid awards could ultimately save you thousands of dollars. Here are 10 things that you...

September 4, 2018

 

The Simplified Needs Test and Auto Zero EFC are simplified versions of the Free Application for Federal Student Aid (FAFSA) that are available to...

September 4, 2018

Internships provide out-of-classroom knowledge that is useful for college admissions and the professional world. Students who complete internships show initiative to future employers and colleges. Here...

August 31, 2018

 

Paying for your gap year doesn’t have to be a challenge. You can take this time time to explore hobbies, volunteer or travel the world. You...

August 31, 2018

 

Each state has different residency requirements for a student to be eligible for state grants and in-state tuition. The state of legal residence also...

August 31, 2018

 

If a student is a dependent student, the Free Application for Federal Student Aid (FAFSA) must be completed by one of the student’s legal...

August 30, 2018

 

College financial aid administrators can change a student’s dependency status from dependent to independent through a dependency override on a case-by-case basis. This can...

August 30, 2018

 

Beyond tuition, books, room and board, a student living on campus while attending a four-year public school will still spend about $3,270 on expenses...

August 30, 2018

 

Veterans and members of the U.S. Armed Forces have access to the same deferment, forbearance and repayment options as other student loan borrowers, plus...

August 30, 2018

 

There are several options for filing a complaint about your student loans, lenders and servicers. Start by gathering information about your student loans and...

August 30, 2018

 

There are several options for filing a complaint about your student loans, lenders and servicers. Start by gathering information about your student loans and...

August 30, 2018

 

Before setting foot on campus, there are often application fees. Check these best practices to make sure you’re getting the most out of the...

August 30, 2018

 

You graduated from college with student loan debt and you want to pay it off as quickly as possible. These tips will help you...

August 30, 2018

 

Covering the cost of college means some students work when they’re on campus. Balancing classwork and a job can be tough, but it’s not impossible....

August 30, 2018

 

Borrowers can make extra payments on the student loans they took out for college. Prepayment can reduce the interest paid over the life of...

August 30, 2018

 

Federal and state government employees and members of the U.S. Armed Forces may be eligible for government-sponsored student loan repayment assistance programs (LRAP). This...

August 30, 2018

It’s hard to get more popular than UCLA. In the last admission season, the state university in California attracted 92,698 applications. Here’s one way to...

August 30, 2018

How colleges hand out money can seem perplexing, but if you understand what motivates colleges and appreciate that they are indeed businesses, you will understand...

August 29, 2018

 

Borrowers who are struggling to repay their student loans have potential for both short-term and long-term financial difficulty. Solutions for short-term financial difficulty, such...

August 29, 2018

 

You can’t simply declare bankruptcy and watch student loans disappear. Student loans are not automatically included in a bankruptcy proceeding. Instead, the borrower must...

August 29, 2018

 

If you are in default on your federal student loans and can afford to make a lump sum payment, you can settle the defaulted...

August 29, 2018

 

A student loan is considered delinquent when the borrower does not make a payment by the due date. Most lenders report delinquency to credit...

August 29, 2018

 

The Free Application for Federal Student Aid (FAFSA) is a free form. You do not need to pay someone to file the form on...

August 29, 2018

 

Roth IRAs have some characteristics that may make them an attractive way of saving for college. But, using a Roth IRA to save for...

August 28, 2018

 

Student loans are confusing; repayment plans, forgiveness and deferral can spark anxiety in even the most financially-savvy grads. So let's dive right in: there...

August 28, 2018

Many high schoolers take on part-time jobs to help pay for entertainment expenses, get work experience and save up for college. Learn how to do...

August 28, 2018

 

If your total student loan debt exceeds your annual income by the time you graduate, don’t fret! You have the option to pay back...

August 28, 2018

Graduating college is a big accomplishment to be proud of, yet there's still work to be done if you used student loans. After you receive your diploma,...

August 27, 2018

Most scholarships require more than just a simple application. You may be asked to complete a number of additional requirements, such as an essay, a...

August 27, 2018

 

New college graduates hear a lot about student loan discharge and cancellation and it's an appealing idea. After all, who wouldn't want permission to not...

August 27, 2018

After working hard to receive a scholarship, you definitely don't want to lose it! Some scholarships are renewable, which means that each year, upon review of certain criteria,...

August 27, 2018

 

If you are entering your junior year of high school, the National Merit Scholarship is a great program to keep in mind. Any US...

August 27, 2018

There are many reasons why you should have a part-time job during high school and college. You’ll earn spending money, save a little and make great...

August 27, 2018

Your college search comes with a lot of questions. For example: what’s the difference between public and private schools? How can I get scholarships? How are community...

August 24, 2018

Our college expert Mark Kantrowitz answers your questions about college and financial aid.

Q: Exactly how does merit aid work? Do you apply for it...

August 24, 2018

Financial aid award letters can be cryptic and confusing. Figuring out how much each college will cost you can be challenging.

There isn’t yet an...

August 23, 2018

Part of your scholarships, grants and fellowships may be taxable and part may be tax-free.

Determining the Taxable Portion of Scholarships, Grants and Fellowships

Generally,...

August 23, 2018

The difference between subsidized and unsubsidized student loans depends mainly on who pays the interest on the loans during the in-school and grace periods.

The...