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College Board Releases 2010 Trends in Higher Education Reports

October 29, 2010 | posted by College Money Insider.

The College Board Releases Annual Trends in Higher Education Reports for 2010
In the 2009-2010 school year, the average financial aid package for full-time undergrads was $11,461, with grants making up the bulk of the aid, according to the Trends in Student Aid 2010 report released yesterday by The College Board.
Of the $11,461, $6,041 in grant…

Reach Schools Could Cost Students More Money

October 29, 2010 | posted by College Money Insider.

Going to a school where you have only a slight chance of getting accepted (known as a reach school) could cost you more money than going to a school where you are in the top 25-30% of applicants.
Lynn O’Shaughnessy, a writer for U.S. News World and Report discusses why in her latest article, The Risks…

Long Island Resident Teaches Neighbors About Financial Aid

October 27, 2010 | posted by College Money Insider.

Barry Fox is a local resident in the New York City/Long Island area, who, fortunately for his neighbors, happens to be a financial aid expert. Recently, he held a financial aid seminar at the Garden City Public Library, located in the nearby Garden City, New York.
Ken Ryan, a contributor at the community’s blog, the Garden…

What Can Private Student Loans Be Used For?

October 27, 2010 | posted by Tia Peterson.

One of the big questions students have when considering alternative sources of education funding is, “What can private student loans be used for?” Should you use your loans to pay for your spring break, or Christmas gifts? That’s probably not the best idea. But what about books or computers?
Private student loans can be used to…

Student Blog Calls for Improved Student Loan Education

October 26, 2010 | posted by College Money Insider.

Americans hold more student loan debt than credit card debt for the first time in history.
Last month, USAToday broke the story detailing the surmounting student loan debt and its impact on national debt. Since then, various publications have been reporting on it, including several news outlets and blogs. Additionally, a report published by The Project…