Financial Aid News

News about education financial aid, student loans, and scholarships.

Below is a list of the most recent posts in the Financial Aid News category. You can also search for posts by keyword, or check out the Archives page for a full list of categories.

President Obama Proposes Extending Higher Education Tax Credit

October 14, 2010 | posted by College Money Insider.

Among several other tax credits under consideration for extension, the American Opportunity Tax Credit, a credit given to college students and their families is one that President Obama hopes lawmakers will consider for permanent adoption into law.
Currently, lawmakers are debating a bill that will extend several credits that are set to expire, and the higher…

The Most Expensive Colleges in America

October 12, 2010 | posted by College Money Insider.

Which colleges are the most expensive in America?
Last week, Forbes.com published it’s list of the 10 most expensive colleges in America, based on one year’s cost for tuition, fees, room and board.
At the top of the list is Sarah Lawrence College (Bronxville, NY) with a price tag of $57,556 for the 2010-2011 school year (65%…

Half of Parents Don’t Discuss College Selection with Students

October 10, 2010 | posted by College Money Insider.

A recent study by Longmire and Company shows that less than half of parents surveyed discussed college selection by the time their kids enrolled in college in January (47%). However, 58% of parents said that the cost of college plays a major role in selecting a college, and 19% of respondents said it was the…

Financial Aid Debit Cards: Students Express Frustration

October 8, 2010 | posted by College Money Insider.

A recent Denver Post article highlights frustration that students are expressing with regard to the new financial aid debit cards – MasterCards that are given to students to make accessing cash from financial aid funds easier (money from scholarships, grants, student loans, work study, etc.). In principle, the idea is to help students, but the…

Student Loans: Excessive Debt More Likely in For Profit Schools

October 5, 2010 | posted by Tia Peterson.

In the Student Aid Policy Analysis report dated September 29, Mark Kantrowitz, publisher of FinAid.org and FastWeb.com, released data that supports the conclusion that students who graduate from for-profit institutions are more likely to have excessive student loan debt than other students.
Of the several key findings in the report, these were included:

“22.0% of graduates from…