Over the past several years, an increasing number of small, private not-for-profit colleges have shuttered, often leaving students struggling to find options to complete their degrees in a timely fashion. Several macro factors mean it’s a trend that’s likely to continue: A smaller cohort of college-bound high school students now than in 2010 has resulted in declining enrollments, with 15%…
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Work study falls under the self-help column of financial aid. If your aid award includes work-study, you should understand what it is. Work-study is a federally subsidized job at your college or university. It may be an on- or off-campus job. It may even be an internship. For undergraduates, work-study is paid by the hour and has to pay at…
If I had an FAQs page, one of the top questions would be, “Why pay the higher expense ratios in 529 plans when there are so many low-cost, tax-efficient investments available?” It’s certainly true that you could construct your own portfolio and then have the added bonus of not worrying about whether your child will attend college or not. However,…
Comparing financial aid award letters from different schools can be confusing. Although there is a standard set of information that should be included– total Cost of Attendance, gift aid offered, loans and work study as applicable– each school has its own format for the letter including where certain elements are listed and whether the award lists your EFC so you…
Going to cover all the politics in one post today. President Trump’s budget proposal, released yesterday, proposes some significant changes to higher education funding. In addition, TICAS (The Institute for College Access & Success), in partnership with the Carsey School of Public Policy at the University of New Hampshire, has released a briefing comparing the presidential candidates’ positions on education…