Renascence School Education News - private school

Tuesday, January 6, 2015

Avoid easy-to-make mistakes on your financial aid application

Reuters – Liz Weston

“(Reuters) – One of the worst mistakes you can make with college financial aid is simply failing to file the all-important Free Application for Federal Student Aid. The U.S. Department of Education began accepting FAFSA applications for the 2015-16 academic year on Jan. 1, and most forms of financial help – grants, loans, work study – depend on your turning it in.”(more)

Thursday, January 1, 2015

6 Steps to Filling Out the FAFSA

Homeroom – Staff Writer

“Need to fill out the FAFSA® but don’t know where to start? We’re here to help. You’ve already done the hard part and gathered all of the necessary information, so now it’s time to complete the FAFSA. Let us walk you through it step by step:”(more)

Monday, December 29, 2014

Don’t Let the FAFSA Ruin Your Holiday Cheer: 10 Financial Aid Myths Debunked

The Huffington Post – Abigail Seldin

“The holiday season is upon us. Families are making resolutions, laying out plans for 2015 and spending some much needed quality time away from work or school together. Beyond merrymaking, this lull before the New Year is the perfect time for families to bank some smart savings in the college search process. Open season for the Free Application for Federal Student Aid (FAFSA) filing starts on January 1st.The US Department of Education provides more than $150 billion in grants, loans, and work-study funds each year, but some programs make awards on a first-come first-serve basis. Financial planning for college is often a family activity, so college-bound students and their parents should use their time together to get a jumpstart on the process.”(more)

Monday, December 22, 2014

Last-minute moves to boost financial aid

Reuters – Liz Weston

“(Reuters) – Financial aid filing season starts right after the New Year’s holiday and if you hope to get financial aid to pay for college next year, there is still some time left to maximize what you can get.”(more)

Wednesday, October 15, 2014

Ten things not to do when your child is applying to college

The Washington Post – Liz Willen

“…it is simply unrealistic to think most busy high schoolers can navigate admissions and financial aid on their own. Parents have to strike a balance between being overinvolved and uninvolved – the stakes are too high. For what it’s worth, here are my top 10 “don’ts” for parents, particularly of high school seniors.” (more)

Thursday, September 11, 2014

Number of aging Americans paying student loans soars -U.S. report

Reuters – Scott Malone

“The rising cost of higher education is dogging Americans into retirement, with people aged 65 and older still carrying some $18.2 billion in unpaid student loans, according to a federal report released on Wednesday.” (more)

Saturday, August 30, 2014

Parents May Be Mismanaging Student Debt with Serious Future Impact

Education News – Kristin DeCarr

“According to a recent survey by Citizens Financial Group, 58% of parents report being worried they may not be able to retire when they want to due to their child’s student debt.” (more)

Sunday, August 17, 2014

Heading Off to College? Time to Think About Banking Needs

The New York Times – Ann Carrns

“IF you’re a student heading off to college for the first time, you have a lot of options for handling your money these days. It makes sense to think about it before you arrive on campus and find yourself swept up in the back-to-school whirlwind.” (more)

Friday, August 15, 2014

Financial Aid Not Enough? Ideas on How to Fill the Gap

Homeroom – Justin Chase Brown

“The reality of college costs is that many families find themselves struggling to pay the entire college bill, despite having already filed the Free Application for Federal Student Aid (FAFSA) and receiving federal, state, and institutional financial aid resources. If you find yourself in this position, here are some ideas to consider to help fill the gap between what your financial aid covers and what you owe the institution.” (more)

Saturday, August 9, 2014

Crediting the classroom

The Economist – Staff Writer

“TAKING on debt is one of the most important economic decisions a person can make. Borrowing to invest in education can yield a large return. However, debt is a risky endeavour, and can carry a high cost if it is not promptly repaid. Compound interest can amplify even small periods of delinquency, leading to lower incomes, scarred credit ratings, even bankruptcy.” (more)