In the last post I gave you a few tips on
how to write an essay to win scholarships.
Now, as I promised, here are a few tips on
what NOT to say in your essay.
1) Don’t use overly flowerly, exaggerated language
and don’t use cliches. These phrases have been used
so many time that the judges just toss them.
And […]

As I noted in the last post, the cost of attendance
for the 2007-2008 Academic Aid Year at St Johns University
will be:
Books and Supplies…………….. $1,000.00
Fees…………………………..…      $640.00
Home Maintenance……………….   $2,700.00
Personal Expenses……………….   $1,800.00
Transportation…………………….    $1,100.00
Tuition……………………………….  $26,200.00
Total: ……………… A Whopping $33,440.00
Multiply that by 4 years and you get $133,760.
$133,760 for a 4 year college degree. WOW!!!
And that doesn’t take into […]

My daughter is a Junior at St John’s University in New York City.
I just checked her financial aid record and discovered that so far,
it has cost over $82,000 to attend.
$82,000 THOUSAND DOLLARS.
$82,012.36 to be exact. And she still has at least one more to go.
The tuition is $24,400 per year (and increasing).
That adds up to […]

Student Loans - Grants - Schlorships
2006 was a record fundraising year for colleges and universities.
Nationally, donations from alumni rose 18.3 percent from 2005, according
to new figures being released by the Council for Aid to Education (CAE).
Colleges and Universities brought in an all-time high of $28 Billion Dollars…
– a 9.4 percent jump from the year before.
Stanford University […]

Federal Student Aid Information Center (FSAIC)
1-(800) 4-FED-AID - 1-(800) 433-3243
TTY users (for the hearing-impared) can call
1-(800) 730-8913
Callers in locations without access to 1-800 numbers
may call (319) 337-5665 (this is not a toll-free number).
The FSAIC staff can answer your federal student financial
aid questions and can give you all the help you need -FREE -
including:
* information about […]

When the borrower of a Student Loan graduates, leaves school, or drops
to a less than half-time status this date is called the Separation Date.
The separation date is used to determine the loan’s grace period and
the date the first loan payment will be due.
The Direct Loan Program offers a range of repayment plans:
Standard Repayment plan -
fixed […]

The Perkins loan program and Supplemental Educational Opportunity Grants
(SEOG) are in danger of being eliminated by the Bush Administration.
Last Monday, The Bush administration proposed to slash subsidies
paid to financial institutions that make college loans.

President George W. Bush unveiled a broad overhaul of student aid programs
in his fiscal 2008 budget.
The White House said it wants to […]

The application processor must receive your completed application
no later than July 2, 2007. Your school must have your correct
and complete application information by your last day of enrollment
during the 2006-07 year or September 17, 2007, whichever
comes first.
There are no exceptions to these dates.

Note:
Various state and school deadlines may apply to you.
These deadlines are often early […]

What happens after you apply for Financial Aid?
After receiving your completed FASFA application, the Department’s
processor will analyze your FAFSA information and, using a formula
established into law by Congress, calculate an Expected Family
Contribution (EFC) for you.The results of your application will be sent to the schools you list
on your application and to you in the form […]

Federal Supplemental Educational Opportunity Grants
FSEOG are Federal Supplemental Educational Opportunity Grants.
FSEOGs are for undergraduates with exceptional financial need.
Pell Grant recipients with the lowest Estimated Family Contributions (EFCs)
will be the first to get FSEOG Grants.
Just like Pell Grants, FSEOGs don’t have to be paid back.
You can receive up to $4,000 a year, depending on when you […]