article thumbnail

Report: Student Loan Debt Burdens Limit Wealth Building and Career Choice for HBCU Graduates

Diverse: Issues in Higher Education

The burden of student loan debt limits future finances of graduates of historically Black colleges and universities (HBCUs). The federal student loan payment pause was great relief for HBCU alumni finances, according to the report.

article thumbnail

The Case for IES Postsecondary Studies: What NPSAS and BPS Tell us About College Affordability and Student Outcomes

IHEP Institute for Higher Education Policy

In c ontrast , students who did not receive a Pell Grant c an typically afford to spend about $5,000 more on college costs, after accounting for grants and scholarships. Fortunately, NPSAS goes far beyond illustrating the extent to which students struggle with affordability.

Grant 212
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Overview of Federal Direct Student Loans

College Planners of America

Application Process The process of applying for Federal Direct Loans begins with the completion of the Free Application for Federal Student Aid (FAFSA) and submitting it to the ED. Students can start submitting FAFSA applications on October 1 of each year for the following academic year.

article thumbnail

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. And 72% said scholarships allow them to stay in college. 14 to Oct.

article thumbnail

Study: Law School Debt Weighs Down Many

Diverse: Issues in Higher Education

In its latest report regarding higher education’s return on investment (ROI), Georgetown University’s Center for Education and the Workforce (CEW) has analyzed 186 law schools and found at nearly one-in-five law schools, graduates’ net take-home pay after student loan payments averages at $55,000.

article thumbnail

The Best Student Loans: How to Borrow Smarter

The College Pod

Due to inflation, many families haven’t been able to save for college, and most won’t get enough money from grants and scholarships to cover all their costs. So, if you find you can't afford college without some amount of loans, it’s important to consider how much you borrow because you’ll have to pay it back later, with interest.

article thumbnail

2022 College Scholarship Scams

College Aid Consulting Services

2022 college scholarship scams. These scholarship cons hook victims with the promise of money, but upfront “fees” never actually materialize into those needed funds. For students who are struggling to pay tuition and other college expenses, an unexpected offer of a scholarship can seem like a wish come true.