how students are paying for college
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THE IMPORTANCE OF THE FAFSA - FOR EVERYONE | FINANCIAL AID

THE IMPORTANCE OF THE FAFSA - FOR EVERYONE | FINANCIAL AID | how students are paying for college | Scoop.it
The magic date of January 1st has come and gone. No one turned into a pumpkin, but with each day into the month the pumpkin patch will get picked clean....
andreamsaldana's insight:

My Thoughts,

I wasn’t quite sure exactly what the FAFSA was before, but now after researching more about it and its purpose I understand that it is to help students get where they want to go.  Although some people don’t believe they qualify, they should still fill out the FAFSA application because it is always good to have on record in case something actually were to happen, like loss of a job or sickness that prevents you from working to pay loans, bills etc. the lax attitude that is arising amongst students and parents to complete the FAFSA doesn’t help or increase their chances of getting the right or better financial package. I think FAFSA helps those who apply and meet the deadline so anyone can do it.

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Andrew's curator insight, April 8, 2013 3:41 PM

My Thoughts:

This Article was eye opening for me, I really like how it gives you helpful tips on filling out the FAFSA and why you should fill it out. I now know that you should fill it out because you could get lower interest rates on loans. I also learned that for certain scholarships you have to fill it out or else you could not get that scholarship.  It is also a good idea to fill it out because it is essentially free money that you don’t have to pay back! I would strongly recommend filling out the FAFSA because you can get free money, get lower interest rates on loans and some scholarships require you to fill it out.

Amanda's curator insight, November 20, 2013 3:52 PM

My Thoughts:

This is a very informative article explaining why you should fill out FAFSA early and not wait till after you have been accepted to college or after filling out your taxes. It also gives good tips on how to fill out the form that I didn't know before. I know now that if I wait to fill out the form there is a chance I will not get financial aid. I strongly suggest that everyone should fill out FAFSA as soon as they can and remember to fill out the form as accurately as possible.

Cain James Bol's curator insight, January 13, 2015 5:42 PM

I feel that when it comes to the FAFSA it is important because all you have to do is apply and fill out some paperwork and the government basically gives you free money. And I don't understand why some people haven't applied for the FAFSA. It helps you pay for college, and I know not everyone is going to be able to get scholarships that help them totally pay for their college tuition, so why not apply for it.

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Federal Work-Study (FWS) Program

The FWS Program provides funds that are earned through part-time employment to assist students in financing the costs of postsecondary education.
andreamsaldana's insight:

My Thoughts,

The Federal Work Study Program is offered to 3,400 institutions around Washington. This program offers needy students a chance to work part-time, while getting funds from the institution and the federal government to pay for secondary education. I think that work study programs are extremely helpful; it gives a student the chance to learn the skills of working while going to school, as well as the responsibility that comes with balancing work and school. It’s also beneficial to the community, depending on where the program is offered at many local government organizations, and small businesses. The federal work study program seems like a good alternative for student’s who don’t choose to get a loan or apply for any federal grants.

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andreamsaldana's curator insight, December 12, 2012 11:20 AM

My Thoughts,

The Federal Work Study Program is offered to 3,400 institutions around Washington. This program offers needy students a chance to work part-time, while getting funds from the institution and the federal government to pay for secondary education. I think that work study programs are extremely helpful; it gives a student the chance to learn the skills of working while going to school, as well as the responsibility that comes with balancing work and school. It’s also beneficial to the community, depending on where the program is offered at many local government organizations, and small businesses. The federal work study program seems like a good alternative for student’s who don’t choose to get a loan or apply for any federal grants.

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FinAid | Calculators | Education Loan Interest Rates

andreamsaldana's insight:

My Thoughts,

Interest rates on many federal loans have steadily been increasing since 1998, from a rate of 3.91% to the most recent jump in 2012 to 6.80%. The interest rate for many undergraduate students has been greatly cut, but the same cut doesn’t apply to graduate students who apply for Stafford or PLUS loans. I think that if rates keep going up the accessibility to student is going to be so far out of their reach that it will become more of a problem than a solution. Students will stop applying for these loans and grants and potentially give up all together; the harder it is to get help to fund higher education the fewer students strive to get higher education.

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Rahul Singh's curator insight, September 30, 2015 3:23 AM

Education Loan EMI Calculator: Use Avanse Education Loan Calculator to evaluate your monthly EMI by providing loan amount, rate of interest and loan tenure. 

Rahul Singh's curator insight, September 30, 2015 3:31 AM

Education Loan EMI Calculator: Use Avanse Education Loan Calculator to evaluate your monthly EMI by providing loan amount, rate of interest and loan tenure. 

Rahul Singh's curator insight, September 30, 2015 3:32 AM

Education Loan EMI Calculator: Use Avanse Education Loan Calculator to evaluate your monthly EMI by providing loan amount, rate of interest and loan tenure. To know more visit :  http://www.avanse.com/calculators/emi-calculator/

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Should College Students Have a Credit Card?

Should College Students Have a Credit Card? | how students are paying for college | Scoop.it

My Thoughts,

College students have a lot to worry about they’ve got school, maybe a job and financial obligations. So why should they be worrying about something like credit cards and debt? Recently the worry amongst parents isn’t that their child isn’t eating or doing well, but are they managing their credit wisely enough to where it doesn’t hurt them in the long run. I think that everyone, student or not, should be able to decide whether they own a credit card or not. Being responsible is part of growing up; being able to decide how they manage their credit is a big responsibility one that everyone should learn. Acts by the government like the CARD Act have increasingly helped young people and students stop being reeled in by credit card companies and start thinking wisely for themselves.

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Rescooped by andreamsaldana from Paying for College
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Key Differences Between Federal and Private Student Loans

Key Differences Between Federal and Private Student Loans | how students are paying for college | Scoop.it

My Thoughts,

 

More than half of the students that are currently enrolled in a college/University are attending through the financial backing of Federal or Private loans. These loans give students a way to temporarily afford to go to school and pay off the debt after graduating (Federal). I think while these loans do help students, it should also be taken into consideration how much the student can actually afford to borrow and if it is a reasonable amount to have to pay off later plus interest.

 


Via Kim Fischer
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Adrienne's comment, May 1, 2013 1:02 PM
It seems to be that federal loans are the way to go.
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Scholarships mean opportunity for education at Craven CC - New Bern Sun Journal

My Thoughts,

 

Higher education is becoming more and more difficult for students to finace, that is why scholarships are great source of "free money". I think not enough students take advantage of the oppertunities to get them that are out there. It's great that these community college students are getting some sort of help to pursue their academic goals, and thanks to generous supporters, they are being given the oppertuntiy.

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Federal Work-Study (FWS) Program

The FWS Program provides funds that are earned through part-time employment to assist students in financing the costs of postsecondary education.
andreamsaldana's insight:

My Thoughts,

The Federal Work Study Program is offered to 3,400 institutions around Washington. This program offers needy students a chance to work part-time, while getting funds from the institution and the federal government to pay for secondary education. I think that work study programs are extremely helpful; it gives a student the chance to learn the skills of working while going to school, as well as the responsibility that comes with balancing work and school. It’s also beneficial to the community, depending on where the program is offered at many local government organizations, and small businesses. The federal work study program seems like a good alternative for student’s who don’t choose to get a loan or apply for any federal grants.

more...
andreamsaldana's curator insight, December 12, 2012 11:20 AM

My Thoughts,

The Federal Work Study Program is offered to 3,400 institutions around Washington. This program offers needy students a chance to work part-time, while getting funds from the institution and the federal government to pay for secondary education. I think that work study programs are extremely helpful; it gives a student the chance to learn the skills of working while going to school, as well as the responsibility that comes with balancing work and school. It’s also beneficial to the community, depending on where the program is offered at many local government organizations, and small businesses. The federal work study program seems like a good alternative for student’s who don’t choose to get a loan or apply for any federal grants.

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FinAid | Calculators | Education Loan Interest Rates

andreamsaldana's insight:

My Thoughts,

Interest rates on many federal loans have steadily been increasing since 1998, from a rate of 3.91% to the most recent jump in 2012 to 6.80%. The interest rate for many undergraduate students has been greatly cut, but the same cut doesn’t apply to graduate students who apply for Stafford or PLUS loans. I think that if rates keep going up the accessibility to student is going to be so far out of their reach that it will become more of a problem than a solution. Students will stop applying for these loans and grants and potentially give up all together; the harder it is to get help to fund higher education the fewer students strive to get higher education.

more...
Rahul Singh's curator insight, September 30, 2015 3:23 AM

Education Loan EMI Calculator: Use Avanse Education Loan Calculator to evaluate your monthly EMI by providing loan amount, rate of interest and loan tenure. 

Rahul Singh's curator insight, September 30, 2015 3:31 AM

Education Loan EMI Calculator: Use Avanse Education Loan Calculator to evaluate your monthly EMI by providing loan amount, rate of interest and loan tenure. 

Rahul Singh's curator insight, September 30, 2015 3:32 AM

Education Loan EMI Calculator: Use Avanse Education Loan Calculator to evaluate your monthly EMI by providing loan amount, rate of interest and loan tenure. To know more visit :  http://www.avanse.com/calculators/emi-calculator/

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Beating the odds: Getting a job after college | USA TODAY College

Beating the odds: Getting a job after college | USA TODAY College | how students are paying for college | Scoop.it

My Thoughts,

Getting a job straight out of school is difficult as this article addresses. It raises the question of how students are expected to pay their student loans, bills and other things. This article also shows though that with enough diligence and effort finding a good job is most certainly in your reach. Although the number of jobs is only slowly increasing, having a higher level education defiantly means having one leg up against other competition. It also talks about how one student interned for a company which she then was offered a job with upon graduation; this tells other future grads that it is a good idea to start getting in to the area in which you want to work with early.

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Are we eligible for Federal student loans?

Are we eligible for Federal student loans? | how students are paying for college | Scoop.it

My Thoughts,

 

Whether or not you think you’re eligible for any type of aid you should still apply no matter what. Some students who don’t believe they qualify simply don’t try, that is one of the major issues with why they don’t receive any help. The qualifications are pretty narrow though as well, as less money is going to certain organizations to help students pay for college. There are still federal grants and assistance though, so nobody should go without saying that they tried and applied. I believe that the help is out there that more and more we, as students fail to apply ourselves and ask for the help.


Via AskForEducation
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Parents just say no to college tuition - Reuters

Parents just say no to college tuition - Reuters | how students are paying for college | Scoop.it

My Thoughts

 

This doesn't exactly seem like the best way to further young peoples educations. If they want to go and get a higher education then wouldn't it seem only fair that their parents help them. the cost of tuituon isn't geting any cheaper, students will have to take out student loans that they can't afford to pay off endding up in thousands of dollars in debt. I think if anything these parents who are pushing their children to "do it on their own" should at least be encouraging their children to apply for scholarships or grants or something rather than leaving it up to the young student to decifer what their going to do and how?


Via Connor Morgan
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