Following up on yesterday’s post. How does a student get cash from his school’s emergency student aid grant under the CARES Act? It depends on the school, and most have not formalized their policies yet. First, how do these funds work? The CARES Act funds– officially HEERF – Student Share (Higher Education Emergency Relief Fund)– are not Title IV education…
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Saving & Paying
Here’s a recent interview I did on 529 plans. I hope you find it useful!
Students who have received a financial aid award for the coming school year should be aware that the costs quoted are most likely 2019-2020 costs. Few, if any, colleges have posted their 2020-2021 school year costs. Many public schools have some version of what my son’s school posted about next year’s costs on their website. The coronavirus is hammering state…
In most cases, we recommend that students and families stay within the federal student loan program for their college borrowing needs, at least during the college years. That means borrowing Direct Student Loans or Parent PLUS Loans. Even though the interest rates– at least for PLUS loans– may be higher than what you might pay elsewhere, we believe that the…
I hope that everyone is home, safe, and washing their hands a lot! Yesterday we learned that bacon is not being hoarded, at least not in Portland, when out of the blue we got a notification that several week-old online grocery delivery attempts were going to be filled. The one item that was not out of stock in any of…