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Struggling with budget shortfalls that reach into the billions, several states are making deep cuts in college financial aid programs, including those that provide a vital source of cash for students who most need the money.
Sources of financial aid and scholarship information for families of college-bound students. Terry Feathers, the coordinator of financial aid for Penn State-DuBois, also encourages families to check with local community organizations as potential sources for scholarships and grants.
Karen May admits to middle-of-the-night anxiety spells over the daunting challenge of coming up with the money to put her daughter, now a high school senior, through college.
Finding financial aid for college this year promises to be tougher than any final exam. The quest for money that begins for students and parents every January has taken on new urgency in 2009 amid fears that loans and grants will be scarcer than in the past due to the recession.
A group of international lenders on Friday pledged $10.5 billion (euro7.5 billion) to the Baltic state of Latvia, the latest country to receive financial aid since the start of the global economic downturn.
The Massachusetts Institute of Technology says undergraduates whose families earn less than $75,000 a year will not have to pay tuition.
Attending Stanford University next year will be a lot more affordable for some undergraduate students.
Yale University said Monday that it is joining an expanding group of elite colleges making education more affordable to middle-class and upper-middle-class families, under pressure from parents, lawmakers and alumni.
The University of Pennsylvania on Monday joined Harvard and other elite private colleges in announcing loan-free financial aid packages aimed at middle- and upper-middle-class students.
Families earning well into six figures will see the cost of a Harvard education reduced by thousands of dollars per year under a major financial aid initiative announced Monday that is bound to draw attention far beyond the school's ivy-covered walls.
Duke University on Saturday became the latest elite college to announce a major boost in financial aid. But like even some of its wealthiest peers, it isn't going so far as to guarantee all its students will graduate debt-free.
Even as the price of college rises, more low-income students who would likely get federal financial aid aren't even bothering to apply.
Stop Financial Aid for Wealthy StudentsIn the space of several months in late 2007 and early 2008, Harvard, Yale and several other highly selective universities enriched their financial aid programs to guarantee that students from families well up the economic ladder would get sizable grants to attend their institutio …
W.Va. report raises questions about scholarships"At least to date, the evidence we have suggest the PROMISE scholarship isn't having a big impact on the state's human capital," said George Hammond, associate director of the bureau.
University of California intends to increase financial aid President Mark G. Yudof announces plans to raise $1 billion in private funds over the next four years and to expand an existing aid program to more middle-income families.
When Work Doesn't Pay Finding that a raise or second paycheck doesn't always mean living better. Time to work less?
Obama Aims to Boost Pell Grant Funding by $40 Billion Under the House bill, the grants would rise with the consumer price index, plus 1 percentage point, starting in 2011. The estimated maximum award in 2019 would be $6,900.
State student aid feels pinch"In a poor state like Mississippi we just have a lot of people who can't afford to go to school full-time," said Rep. Cecil Brown, D-Jackson. "People have to work and it takes longer to graduate....Life happens in that time period.
Student loan proposal makes college officials nervousA bill before the U.S. Senate that would force colleges and universities to work with the federal government's direct loan program if they provide federal financial aid is making some Western Pennsylvania school officials nervous.
Bolder Steps are Needed to Help Low-Income Students Avoid DebtContrary to popular opinion, low income students do not get a free ride. Pell Grant recipients are forced to borrow more for their education than non-recipients even though they have a greater aversion to debt.
Federal Student Loan Subsidies OverviewThe federal government offers several types of student loans to help promote access to higher education. The common goal among the different loans is to provide students with financing for higher education at better terms than those available in the private market.
Wasting Financial Aid on Rich People The findings in Crossing the Finish Line suggest that we could achieve a net increase in overall graduation rates by redistributing existing financial-aid dollars away from wealthy students toward poor students.
Free college tuition plan would tap lottery, casinosMichigan's qualifying high school grads can get free college tuition through a proposed plan that draws on the state's lotteries, casinos and donations, state Rep. Fred Durhal Jr. said today.
College students brave long lines for financial aid Dihiiyah Sutton says it doesn't matter how early she sets her alarm, long lines await her at the Student Services Center at the Hillsborough Community College campus on Dale Mabry in Tampa.
Seeking Speakers, Authors, Poets, Entertainment, and Workshop Presenters (CALL FOR PROPOSALS)EMPOWERED 2 PROSPER YOUNG-ADULT LEADERSHIP DEVELOPMENT CONFERENCE would not exist without quality workshops, presentations, and entertainment venues.
Falling Scholarships Make Tuition Harder for Many Families Students looking for college scholarships are going to have a harder time this year as providers, hammered by falling investment returns and declining philanthropic support, cut back.
Getting to Know Guaranty Agencies: Federal Subsidies and Payments | New America BlogsOverview of subsidies going to Guarantee Agencies for administering student loans.
Easing a College Financial Aid HeadacheThe Obama administration is moving to simplify the Free Application for Federal Student Aid, or Fafsa, a notoriously complicated form that asks students seeking financial aid for college as many as 153 questions. "The Fafsa improvements will reduce the burden on the 16 million …
Financial assistance for adults returning to schoolWith layoffs expected across a multitude of industries, many adults are taking action against this cloud of uncertainty by going back to school.
Colleges answering a more urgent call for financial aidDemand for student aid is up at colleges across Indiana and the nation. Hoosier students have filed about 260,000 applications this spring, up from 204,000 last year.
Lenders Sought Edge Against U.S. in Student Loans (history)In a fierce contest to control the student loan market, the nation's banks and lenders have for years waged a successful campaign to limit a federal program that was intended to make borrowing less costly by having the government provide loans directly to students.
Heather Lockwood Scripps Howard Foundation Wire WASHINGTON - Andrew Martin is one college graduate who has yet to see a return on his investment in higher education.
State colleges free to raise tuition to offset budget cuts, budget, state, millionColorado's state colleges and universities would be the biggest losers under the proposed 2009-10 state budget introduced in the Legislature on Monday.
Paying in Full as the Ticket Into Colleges Once upon a time, only the rich could afford higher education. We are slowly but surely heading back toward the same sort of class stagnation.
Breaking the silence on student loansGiven the intensity, even toxicity, that typically surrounds discussions of two federal government's two competing student loan programs, the relative lack of public pushback against President Obama's proposal last month to end the lender-based guaranteed loan program has been su …
Seattle University student Jordan Johnstone is part of a 10 percent. A 10 percent of college students having to consider their financial aid more seriously than ever before.
Morgan Pualani plans to go to Central Washington University in Ellensburg next fall. Of this, she is a little bit certain. She has taken all of the necessary steps that high school seniors are encouraged to complete in order to receive an affordable college education.
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