Category Archives: Types of Financial Aid

What is Student Financial Aid?

Student financial aid is money given by the Federal and State governments and the colleges to help students pay for the cost of a college education.   There are two basic types of financial aid:   1)      Self-Help aid which … Continue reading

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Loan Tips

This time of year, students and families are pondering the loan question.  The fact of the matter is, most students will have to finance some or all of their education.  The College Board provides the following tips when considering student loans.  … Continue reading

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Admissions Considerations

You need to keep in mind that there are two concerns with regards to the admissions process—getting accepted and earning merit-based assistance.  In the majority of colleges and universities, merit aid is handed out through a review process that takes … Continue reading

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Retirement vs College

A recent report from The College Board showed that tuition, fees, room and board at public colleges and universities rose 7.1% in 2005, an average $12,127 a year, while private institutions saw a 5.9% annual increase to $29,096 on average. … Continue reading

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