Archive for the ‘News’ Category
University of Pennsylvania Expands Financial Aid Program to Eliminate Loans
Thursday, December 20th, 2007Graduating debt-free? University of Pennsylvania is making it possible for students from various economic backgrounds. According to a press release on December 17th, starting September of 2008 students with calculated family incomes under $100,000 will receive loan-free aid packages, while families above that level will receive a 10 percent reduction in need-based loans. By fall 2009, all undergraduate students eligible for financial aid will receive loan-free aid packages, regardless of family income level.
After, Harvard recently announced its middle-income initiative, it is nice to see another Ivy League school to tackle the issue of growing higher education costs.
Rising college costs
Thursday, November 15th, 2007According to recent reports, students can expect to pay up to $1400 more for tuition and fees than they did last year, depending on the type of college. So how are you supposed to cope with the quickly rising costs of education?
Planning!
It’s important to first look to federal aid. As I stressed many times over, get your FASFA forms filled out quickly! Next, look to grants and scholarships and lastly Alternative Student Loans. But remember, the money you pay for school is an investment in your future. Pay attention in class and make your education count!
