The Consumer Financial Protection Bureau has a nifty tool for comparing school costs or financial aid offers, here. As you get acceptance and financial aid offers, enter them into the site to get apples-to-apples comparisons of what you’ll pay and what you will owe upon graduation. Those with some time left before college can use each school’s net price calculator…
Still haven’t filled out the FAFSA? There are plenty of reasons unrelated to your financial aid eligibility why you should. One of the big ones, from a parent perspective, is having some leverage over your student. I’ll call it the “Tattoo Rule” in honor of a friend and her college freshman daughter, who shall remain unnamed.
Did you make a New Year’s resolution to save (or save more) for college? If so, you may be increasing the odds that your student will attend and graduate. Research shows that, across income levels, students who have savings designated for college are more likely to attend and graduate. Overall, the study showed that children who were “expected” to
The final version of the tax bill has some changes to the education-related items that caused a bit of an uproar in previous versions. Here is a quick summary:
A financial aid package often includes work-study as one component. Typically the package includes a dollar sum of work-study income to be used for education costs. It’s up to the student to find a qualifying work-study job once they arrive on campus, and there is no guarantee that such a job is available.