Financial Aid

Students without debt have more active social life, study finds

Some students with debt studied harder while others were disengaged from campus life

College students with no loan debt are more likely to lead a richer social life that involves partying, studying less, and forming relationships that will last long after graduation, a pair of University of Indiana sociologists says.

Lynn Russo Whylly's picture

Improving the refund process at American Public University

People may wait until the last minute to pay a bill, but when owed a refund, they want it as quickly as possible. Understanding that the manual refund process at American Public University System (W.Va.) was problematic, the finance staff set out to improve it and ended up reducing average processing time for financial aid refunds by 90 percent.

Matt Zalaznick's picture

Obama needs push to shake up higher education

Any efficient solution to the explosion in college tuition and fees must either damp demand or increase supply.

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Matt Zalaznick's picture

How to make college affordable: Four ways to stem toxic student debt

When politicians make a stink about student loan rates, they’re smelling a rotten fish, but not the most obvious one.

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Matt Zalaznick's picture

New analysis shows almost 13 percent of federal student loan borrowers in default

Statistics analyzed by the federal Consumer Financial Protection Bureau show that more than six million borrowers are in default on their federal student loans, representing $89 billion of the more than $1 trillion in outstanding debt.

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Matt Zalaznick's picture

Congress OKs cheaper student loans

The House on Wednesday approved a bipartisan bill that ensures lower interest rates on loans for students heading to college this fall. Members of the House voted 392 to 31 to lower rates for undergraduates taking out government loans this school year to 3.86%.

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Matt Zalaznick's picture

Who's paying more for college? Not who you think

College students have a better chance of getting financial aid if they come from affluent backgrounds than if they are lower on the income scale, some new studies show.

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Matt Zalaznick's picture

Efforts to recruit poor students lag at some elite colleges

A comparison of low-income enrollment shows wide disparities among the most competitive private colleges. A student at Vassar, for example, is three times as likely to receive a need-based Pell Grant as one at Washington University in St. Louis.

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Lynn Russo Whylly's picture

Two-year college students face more money stress

Nearly one in five community college students get so worried about finances, they think about dropping out, according to the “Inceptia National Financial Aptitude Analysis” report. Teaching them to better manage money may help them graduate.

Lynn Russo Whylly's picture

National Student Aid Profile: Overview of 2013 Federal Programs

The number of students applying for federal financial assistance jumped 62 percent over five years, while the total amount of federal financial aid awarded to students under Title IV of the Higher Education Act also increased dramatically. Information about these vital programs can be found in NASFAA's recently updated National Student Aid Profile.

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