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Very few people can pay for their education just from their own resources. Even those who get grants and scholarships often have to take out loans in supplement them. It’s important that you don’t get in over your head, because all that mon...
Many students end up needing to borrow some money to help pay for school – but how much money, and from where?
Talk to the staff in the financial aid office at the school you want to attend, and they’ll be happy to help you figure out ...
After you graduate, you’ll have a six-month grace period before you need to start making payments. During that period, think about the kind of repayment plan you want, advises Nancy Capoziello, senior associate director of student financial servi...
Very few people can afford to pay for college without some financial help. For most, that help includes taking out one or more student loans. The trick is to keep that borrowing at a level you’ll be able to deal with after you graduate.
&ldq...
Here are some of the terms you'll encounter as you figure out how to pay for your education.
Academic year: The period during which school is in session, usually the fall of one year and spring of the following year (e.g., 2011-2012). Financia...
The process of applying for financial aid is fundamentally the same regardless of your status, but the results may be slightly different if you’re planning to go to school part-time, according to George Walter, associate dean of enrollment manage...
Although a lot of employers dropped tuition benefits when the economy tanked in 2008, more and more are offering them again, according to Brad Hodge, chief business and financial services officer at Peirce College in Philadelphia. “And not just t...
The federal government gives five main types of grants for undergraduates:
* Pell Grant: This is the most common federal grant for undergraduate students.
* ACG: The Academic Competitiveness Grant is for college freshmen and sophomores...
The Hope tax credit was a Clinton-era initiative that provided tuition assistance for middle-class Americans with a family member in college. For 2009 and 2010, the Obama administration replaced it with the American Opportunity (AO) tax credit, which e...
There are several tax credits available to assist Americans with the ever-rising cost of college tuition. You can only claim one credit, however, so choose carefully.
The American Opportunity (AO) tax credit covers 100% of the first $2,000 (...
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