Education Planning
Wealthy Kids 8 Times More Likely To Graduate College Than Poor
A new study from the Pell Institute shows that family income not only has a huge correlation with the chance that a kid gets into college, but of that person’s likelihood of actually graduating. (Hat tip to CNN Money.)
How To Submit Your CSS Profile With Estimated Income Tax Information, And Update It
If you are one of the parents who had to submit estimated tax and income information on the CSS Profile college aid form to meet deadlines at the colleges your child has applied to, this is what you need to do to update that information in a timely and accurate manner so that the colleges can make an official aid award to your child.
Top Five Ways To Crush The FAFSA
Although I dreaded the idea of filling the FAFSA form out for student financial aid, it wasn’t quite a bad as going to the dentist.
The key was preparation and knowing what was important on the form.
Student Loan Hero Review
Time and time again we’ve seen students graduating with massive amounts of debt and then struggle to pay it back. College is expensive! In fact, students who graduated in the 2014 school year walked away with an average of $33,000 worth of student loan debt.
5 Costly Mistakes to Avoid When Filling Out The FAFSA
Filling out the Free Application for Federal Student Aid (FAFSA) is the single most important thing most families can do to get last minute college funding help. That’s why over 20 million people filled it out last year. However, there are big mistakes families can make that can cost them oodles of money.
Keep The Money In The Family: Refinance A Student Loan With A Wealthy Relative
After earning his M. B. A. from the City University of New York’s Baruch College in 2009, Mehta was left with $60,000 in student loans. As an Indian national (his U.S. permanent–residency green card is in the works) he wasn’t eligible for federal loans, so these were all private student loans with rates varying from 4% to 11%. Mehta’s wife, Sheetal Chavan, carried even pricier debt: She had a $20,000 loan with a 14% interest rate from Bangalore-based Canara Bank Canara Bank.
5 Things You Need To Do With Your Student Loans Right Now
Forbes outlines five steps for May graduates who are approaching their first student loan payments .. and it all starts with making sure you know your user id and password.
Your Kids’ Needs Or Your Own: What Takes More Financial Priority?
Learnvest contributor Libby Kane suggests that a continually funded, largely undisturbed retirement account, a six month emergency fund and paying off high interest debt should all take precedence over being a financial resource for your children. She points out that being an emotional resource is far more important than being a financial one.
Back To School: Making Sense Of Scholarships, Grants & Fellowships
Forbes contributor Kelly Phillips Erb explains the differences in tax status for scholarships, fellowships and grants.
8 Ways To Minimize Your Child’s Student Loan Debt
Forbes contributor Erik Carter outlines eight ways to keep student debt to a minimum by savings, choosing a college wisely, using financial aid and scholarships creatively and more.
