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Senators Reintroduce Bills to Help Inform Students about College Loans and Financial Aid

Diverse: Issues in Higher Education

Tina Smith The bills aim to make sure that students are informed and educated about college search and selection, loans, and financial aid. The Understanding the True Cost of College Act would create a universal financial aid offer form and standardize terms used in financial aid.

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Survey: Financial Aid Necessary to Pay for College for Most Students

Diverse: Issues in Higher Education

Financial aid was necessary to paying for college for most students, according to a survey of more than 500 student scholarship recipients. Mike Nylund 521 students responded to the online survey, done by Scholarship America from Sep. 14 to Oct. Only 23% of U.S.

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Rethinking the Idea of Legacy in Higher Education: How Colleges Can Raise Up Student-Parents

Diverse: Issues in Higher Education

We experienced it all: student loan debt, lack of affordable housing, mental health issues, child care challenges and underwhelming job prospects after graduation. I spent the bulk of my childhood watching my parents work toward bachelor’s degrees, and their individual journeys came with great difficulty and cost to our family.

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Financial Aid Glossary: Terms You Need to Know for College Planning

CFAA College Financial Aid Advisors

However, it is so important to understand the various acronyms and terms you’ll see in applications, on paperwork, and in your financial aid offer letters. In this guide, I’ll break down some of the most important key financial aid terms you need to know to approach the college process with confidence and clarity!

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Breaking Down Your Financial Aid Letter: What’s Free Money and What’s Not

CFAA College Financial Aid Advisors

Receiving your financial aid letter is a huge milestone in your college journey, but it can also be overwhelming. Heres your financial aid breakdown: Free Money: Grants and Scholarships Grants and scholarships are the best parts of your financial aid package because they dont require repayment.

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Understanding Financial Aid: Loans, Grants, and Work-Study Explained

CFAA College Financial Aid Advisors

As you prepare for college, understanding the world of finances can feel like learning a new language, especially when you start looking at your financial aid award letter. Heres a few key terms that you need to know when it comes to loans, grants, and work-study! Loans: Loans can be a tricky part of your financial aid package.

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Overview of Federal Direct Student Loans

College Planners of America

Federal Direct Loans are government-backed financial aid options provided by the U.S. Education Department (ED) to help students afford the costs of higher education. Students can start submitting FAFSA applications on October 1 of each year for the following academic year.