Paying For College

Prom Planning Beats College Costs Planning

A survey conducted by Sallie Mae released yesterday revealed several surprising, if not shocking, statistics on how serious high-school seniors take paying for college. The survey, which compared their prom decisions to their financial loan decisions discovered about half of senior girls and senior boys spent more time planning for their senior prom (such as ...

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Catch-22: Finding Funding for Paralegal Program

Question: I’m in a Catch-22 situation. I’m currently in a low-paying job and have been accepted to Cal State LA’s extended studies paralegal certificate program. However, the program is not eligible for federal aid and I don’t have the money to pay for it. I have bad credit and I just don’t know what to ...

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Summer Jobs: Few or Far Between?

The news media are completely confusing sometimes. Here are two headlines I just saw online: – Summer jobs sparse for teens this year – Students can expect more summer jobs this year Huh? What’s a high schooler (or college student) suppose to think? As for the first headline, here’s the thrust of that story: ‘If ...

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Is it Unlawful for College to Use Profile EFC and Not Federal?

Question: My son did not receive any financial aid from the college he will attend, but he received a federal loan and work study. When a college offers financial aid based on need, and the FAFSA reflects a higher EFC amount than the CSS Profile, is this school, required by federal law to default to ...

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Celebrity Scholarships

You’ve heard me talk about Fastweb before. It’s one of the best places on the Web to start your scholarship search. For students looking to pay for college while also dreaming of the red carpet, Fastweb has compiled a list of celebrity-sponsored scholarships that are a few among 1.5 million diverse scholarships available on its ...

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College Meal Plans

I remember the first time I ate in a college cafeteria. I was visiting a prospective campus with my Dad and part of our tour provided us with a lunch in the lower level of the (then) student union building. I noted that there wasn’t a whole lot of difference between my high school cafeteria ...

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Financial Aid Smarts

You could take the title of my post here one of two ways.  The first way might suggest that that financial aid can be hurtful (as in “it smarts”). That could be true if your aid package is inadequate for your needs. That puts the hurts to you and your family. The intent of this ...

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Financial Help When Parents CAN Pay for College but WON’T

Question: I am a sophomore in high school and a very competitive student. When I graduate, I plan to attend a very competitive school for pre-med. However my parents have just told me that they are not willing to pay for my college education. The problem is that they make plenty of money, and I ...

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Tax Filing Tips for Students

Far more students, both high school and college, are working these days. The cost of living (and learning) is high, and young people who are not fortunate enough to come from financially well-off families (and even those who are) are looking to part-time incomes to bridge cash-shortfall gaps. Along with the earning comes the onerous ...

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Paying Room and Board Without Loans

Question: I received a full-tuition scholarship to a college, but still have to pay room and board. At $13,000, this is a lot for my family, and I was wondering if you had suggestions on how to finance this besides with loans. The school said I can still apply for financial aid, but all the ...

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