Archive for the ‘Financial’ Category

Three year bachelor’s degree gains popularity

Monday, May 31st, 2010

Larry Gordon, writer for the Los Angeles Times, reports on the growing popularity of earning a bachelor’s degree in just three years.

Need more college aid? Negogiate.

Thursday, May 6th, 2010

This Chicago Sun-Times article, summarized here, gives tips on how to ask for more financial aid.

More colleges breaking the $50,000 mark

Thursday, April 8th, 2010

Tracy Jan, staff writer for the Boston Globe, reports the “number of colleges in the region that charge that much or more for tuition, room and board, and mandatory fees is expected to more than double” next year.

Kiplinger’s 100 Best Values in Public Colleges

Monday, March 29th, 2010

Kiplinger’s recently compiled a list of the “100 Best Values in Public Colleges for 2009-10.”  Seven schools from the University of California made the list, with UC San Diego ranked 11th and UCLA ranked 13th.  Kiplinger’s based its rankings on a combination of academic and financial criteria.   The academic criteria included admission test scores, admission and retention rates, student-faculty ratios, and four- and six-year graduation rates.  Schools were then ranked by cost and financial aid.  Academics were given a greater weight than affordability by almost two-thirds.

Ten costly FAFSA filing mistakes

Tuesday, February 2nd, 2010

Making mistakes on your FAFSA can be costly, delaying your application and resulting in a possible loss of financial aid.  Writer Nancy Griesemer of Examiner.com shares ten costly FAFSA filing mistakes to avoid.

  1. Waiting to complete your taxes
  2. Leaving a blank field
  3. Entering the wrong tax amount paid
  4. Failing to sign the FAFSA form
  5. Forgetting to update tax information
  6. Missing filing dates
  7. Listing only your top school on the FAFSA form
  8. Failing to file because of citizenship status
  9. Neglecting to coordinate related financial aid forms
  10. Not filing the FAFSA because you think you make too much money

Most expensive colleges in America

Thursday, December 17th, 2009

CampusGrotto.com has posted its list of most expensive colleges in America.  ”For the second year in a row, Sarah Lawrence College is the most expensive college in the nation for the 2009-2010 school year, while NYU edges out The George Washington University to take 2nd in the ranking.”

Here are the top ten with the highest total cost (total cost = tuition + room and board):

College Total Cost
1. Sarah Lawrence College $54,410
2. New York University $51,991
3. The George Washington University $51,730
4. Bates College $51,300
5. Skidmore College $51,196
6. Johns Hopkins University $51,190
7. Georgetown University $51,122
8. Connecticut College $51,115
9. Harvey Mudd College $51,037
10. Vassar College $50,875

College costs keep rising

Monday, December 14th, 2009

Tamar Lewin, writer for the New York Times, reports that “the price of a college education rose substantially last year, despite a 2.1 percent decline in the Consumer Price Index from July 2008 to July 2009.

“Hit hard by state budget cuts, four-year public colleges raised tuition and fees by an average of 6.5 percent last year.  Prices at private colleges rose 4.4 percent, according to a report issued Tuesday by College Board.”

UC to admit more out-of-state students

Saturday, November 21st, 2009

The New York Times reveals that, to bring more money in, “the proportion of out-of-state students will rise next year: at Berkeley, almost a quarter of the freshmen admitted for next year will be international or out-of-state students.” This is in addition to raising tuition 32%.

The University of Michigan is in a similar position, currently offering 35% of spots to out-of-state students.

Textbooks for rent

Monday, August 10th, 2009

New York Times writer Miguel Helft reports on a new company, Chegg.com, which offers students the option to rent rather than buy textbooks. Students are saving up to 50% of the cost of purchasing new textbooks.

Borrowing for college

Thursday, August 6th, 2009

Clark Howard of CNN gives important information about what you should know when borrowing for college.  He offers tips about Stafford Loans and unsubsidized Stafford loans, and suggests avoiding private student loans. Howard also provides information about potential loan forgiveness and suggestions on when to consider community college.