Simplified world of scholarships, grants, federal student loans, private student loans and student loan consolidation!

Tuition Assistance for the Middle Class

February 7, 2008 – 9:42 am | by cgee

http://www.businessweek.com/bschools/content/feb2008/bs2008023_374181.htm?chan=top+news_top+news+index_businessweek+exclusives

Live like a student

January 18, 2008 – 12:45 am | by cgee

Live like a student while you are in school so you don’t have to live like a student when you graduate”  That was the best advise my father game me when I first attended college, but much like all good advise you don’t really appreciate it until after the fact.  So, let me break it down for you.  Living like a college student doesn’t mean that you can’t have fun.  Look for deals, they are everywhere especially in your college town.  Most movie theaters offer discounts for college students, look for coupons, meal deals, and nightly specials.  Many restaurants want to bring in more business on their slowest days, so they may offer 1/2 priced appetizers for example.  Also, walk around campus.  Not only is it good for your health, you can save on gas.  Buy your books used, sites like www.amazon.com or http://www.campusbooks.com/ for example offer many of your schools textbooks at a fraction of the cost.  Spring semester is just starting, so hit the books hard and get ready for Spring Break! 
 

Calling all Juniors

January 16, 2008 – 12:19 am | by cgee

If you are a Junior in high school, it’s time to start planning for your future.  If you plan on going to college, now is the time to start preparing how to pay for it.  First, look towards grants and scholarships.  Check out this site for starters www.scholarships.com.  Next, make sure you apply for as much federal financial aid as possible.  Start with http://www.fafsa.ed.gov/.  Once you have figured out what school you want to go to, what it will cost, and what you can contribute - consider a work study program or if you absolutely must a private student loan.  Key factors for getting financial aid are

1) apply early

2) have good grades

3) do your homework - there are a lot of resources available to you but make sure you are working with a reputable company. 

University of Pennsylvania Expands Financial Aid Program to Eliminate Loans

December 20, 2007 – 1:31 am | by cgee

Graduating debt-free? University of Pennsylvania is making it possible for students from various economic backgrounds. According to a press release on December 17th, starting September of 2008 students with calculated family incomes under $100,000 will receive loan-free aid packages, while families above that level will receive a 10 percent reduction in need-based loans. By fall 2009, all undergraduate students eligible for financial aid will receive loan-free aid packages, regardless of family income level.

 After, Harvard recently announced its middle-income initiative, it is nice to see another Ivy League school to tackle the issue of growing higher education costs.