Talk to Your Teen About Financing College
by Suzanne Shafer, Parent Editor If you have a college-bound teen you’re well aware of the cost of college – it’s high. In a 2013 story in Business Week, one graduate confessed she had given up on her student loan debt of $186,000. She is not alone. With the nation struggling under a $1 trillion student debt crisis, stories like hers are nothing uncommon. For the first time ever, the national student loan default rate exceeds the credit card delinquency rate, and so long as student loans remain one...
How to Break the Financial Aid Award Letter Code
To break the financial aid award letter code, Sallie Mae — the nation’s saving, planning, and paying for college company — recommends the following tips in the infographic below. See SallieMae.com/AwardLetters for more information about paying for college.
Parent College Coach Tip #100: Be Prepared for the Financial Aid Award
Any time now, parents and students will be receiving their financial aid award packages. Parents wait with great anticipation for these figures; because for many, it could mean the difference between a student’s dream school and their second or third choice college that offers substantial financial aid.
Parent College Coach Tip #45: Prepare for the FAFSA
Christmas is on the horizon and probably the last thing you want to do is prepare for the FAFSA, but…
Parent College Coach Tip #4: Look for College Bargains
— Bargain hunting for a college? There are deals and discounts to cover college costs.
Scholarship Mom Tip #60: Check the FAFSA Checkbox
This week’s tip reminds you to check the FAFSA checkbox. Last week’s tip stressed the importance of becoming familiar with and filling out the FAFSA (Free Application for Federal Student Aid) in a timely matter in order to get as much federal and state financial aid as possible for college.