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Financial Aid

Merit scholarships could cost neediest students

It found that hundreds of public and private colleges expect the neediest students to pay an amount that is equal to or more than their families’ yearly earnings. At the same time, the schools are offering more merit aid, based on such factors as a student’s academic achievement, to attract the students they most desire.

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Source: 
The Columbus Dispatch

As college students struggle, college presidents prosper

College trustees, who are sometimes inclined to be overly generous, should ponder carefully whether big salaries and bonuses are in keeping with the mission of taxpayer-supported schools.

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Source: 
The Plain Dealer

Best Practices in Financial Aid Strategy

In this web seminar, Scannell & Kurz offers best practices in deploying scarce aid resources, while discussing how to evaluate the effectiveness of current pricing and award strategies and how to identify opportunities to increase net tuition.

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Source: 
Skannell & Kurz

Families Stuck in the Middle When it Comes to Higher Education

Increasingly, it seems as though higher education doesn’t have a place for people like me or my family. You see, we are the middle people. We are middle class, with three children. But in the realm of higher education, if you are “middle,” you are at the bottom. Scholarships, grants and financial assistance abound for students who earn top grades. And rightfully so.

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Source: 
Coloradoan

Connecticut Bill for Uniform Financial Aid Info Advances

A proposal to require Connecticut colleges and universities to supply students with uniform financial aid information has passed in the state House of Representatives. The bill, which passed 141-to-0, obliges institutions of higher education to provide a financial aid shopping sheet to each admitted student before the enrollment deadline.

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Source: 
Norwich Bulletin

Private Colleges Offering More Financial Aid than Ever

Call it the couponing of higher education. After years of skyrocketing tuition costs, many private colleges in the United States are ramping up their financial aid packages in an attempt to attract new students and boost sagging enrollments.

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Source: 
Time

How to Curb Student Debt and Better Manage Repayment

The average overall loan debt for bachelor’s degree recipients is fairly manageable (about $26,500 for the class of 2011, according to The Institute for College Access and Success). Still, students and families are shouldering a greater portion of the cost of college through loans than they ever have before. As student loan debt levels and default rates in the United States continue to climb, consumers remain concerned about the accessibility and affordability of higher education.

Better Borrowing: Recommendation Details

Erin Timmons
University Business, May 2013

The NASFAA task force provides recommendations for smarter borrowing:

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Financial Aid

Less Debt, Easier Payback

Financial Aid
How to curb student debt and better manage repayment
Erin Timmons
University Business, May 2013

As student loan debt levels and default rates in the United States continue to climb, consumers remain concerned about the accessibility and affordability of higher education. The average overall loan debt for bachelor’s degree recipients is fairly manageable (about $26,500 for the class of 2011, according to The Institute for College Access and Success). Still, students and families are shouldering a greater portion of the cost of college through loans than they ever have before.

Tags: 
Financial Aid

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