Money for College: December Scholarship Deadlines!

December 1, 2011 | posted by College Money Insider. Leave a comment.

December Scholarship DeadlinesWith application deadlines rapidly approaching, you’re probably spending most of your time on polishing your essay responses and making sure your recommendation letters are ready to go. That’s obviously really important, but it’s not the only thing you need to worry about! While it might seem overwhelming, you should also be spending a bit of time looking at ways to pay for school once you’re accepted. Luckily, there are some great scholarship opportunities out there this month, and we’ve compiled a list of them just for you!

To receive a monthly list of upcoming scholarship deadlines right in your inbox, as well as our other financial aid advice and tips, subscribe to College Money Insider here – it’s free!

Here are your December Scholarship Deadlines:

Plan for Your Financial Future When Choosing a College

November 10, 2011 | posted by College Money Insider. Leave a comment.

The following is a guest post from Jonathan Mack of Aristotle Circle:

On top of all your other college considerations – location, major and school size, to name a few – think about your money.  With the economy and job market the way they are, you need to start thinking about your long-term financial situation, and that starts with reasonably and responsibly planning for student debt.

According to The Project on Student Debt’s Student Debt and the Class of 2010 report, nearly two thirds of graduates from 2010 have an average debt of $25,250. These numbers have been rising steadily over the last several years and the $25,250 owed represents a 5% increase from 2009. In addition, the annual unemployment rate for college graduates is the highest on record, (9.1% in 2010 compared to 8.7% in 2009). 

November 2011 Scholarship Deadlines

November 2, 2011 | posted by College Money Insider. Leave a comment.

Happy National Scholarship Month! It’s November, and we’re back with a fresh batch of information about scholarships with upcoming deadlines! As you begin to narrow down your list of colleges that you want to apply to, make sure you spend some time on scholarship applications as well. Every dollar you earn in scholarships is a dollar that you won’t have to pay for out of pocket, so make the effort now!

To receive a monthly list of upcoming scholarship deadlines right in your inbox, as well as our other financial aid advice and tips, subscribe to College Money Insider here – it’s free!

Now let’s see what we’ve dug up this month…

President Obama Announces Relief for Student Loan Borrowers

October 31, 2011 | posted by College Money Insider. Leave a comment.

President ObamaAs part of a series of efforts to boost the economy, President Obama announced a new plan last week aimed at relieving the debt burden faced by low-income graduates. His program is two-pronged: it will add consolidation options for borrowers with a combination of FFELP and Direct Federal Loans, and it will lower the required monthly payments for low-income borrowers who graduate in the coming years.

The new provisions for low-income borrowers will affect many thousands of Americans, while the debt-consolidation program could aid over 6 million who currently hold both FFELP and Direct loans.

Ask the Experts: What If I Don’t Make Any Money?

October 12, 2011 | posted by Jeff Sheely. Leave a comment.

This week we have another question submitted through our Ask the Experts form. if you have any questions about financial aid or paying for college, be sure to submit them here.

Hi,

This year I did not work at all and so I will not have any tax returns to file. How then do I apply for financial aid and how can it affect my aid? I’ve have had aid for the previous couple of years.

-Solace