Archive for June, 2007

Summer Homework for College Student

US News & World Reports, Wash., DC: Incoming Freshmen Get Summer Reading Assignments Jackie Mantey wrote that numerous colleges are doling out homework before classes even begin. For a list of schools, go to: http://www.usnews.com/usnews/ edu/articles/070607/7summer.htm

June 11, 2007 No Comments Full Story

The Myth of Negotiating

OC Register, Orange County, CA: COLLEGE PLANNING: The myth of negotiating financial aid It is far too common for experts in any field to label something they don't understand a "myth." Misinformation is rampant in this Q&A to Tom Bottorf, a Certified College Planning Specialist. The irony here is that when I first read this on June 5th, I had just received word from a client that the University of CO at Boulder had increased her son’s aid package by $9,450 based a Professional Judgment

June 7, 2007 No Comments Full Story

New Admission Policy for University of Virginia and Princeton University

The Harvard Crimson -  Boston, MA: New Possibilities in the Post-Early Admissions EraSarah C. Donahue, William R. Fitzsimmons and Marilyn Mc Grath Lewis wrote an interesting piece that the triumverate of the Crimson Tide, U of VA and Princeton will spread the good news in 120 cities and also add to their coterie U of PA, Duke, Georgetown and Stanford to search out for “an even more diverse pool of applicants.” Be on the lookout in Nov. and Dec. when these schools come to your town if yo

June 7, 2007 No Comments Full Story

Immigrants and Aid – The 529 Savings Plan – Free College Education?

      The Times - Shreveport, LA; Article - Tom Wood: Saving for college yet? Tom correctly stated that 529 Savings Plans owned by grandparents (assuming they don’t live in the student’s household) are not included in the financial aid calculations. He forgot to mention that when there’s a distribution to pay for tuition and related costs, if it is more than the EFC (Expected Family Contribution - the minimum the federal gov’t. determines a family will pay at any college) then if

June 6, 2007 No Comments Full Story

Solution to the College Loan Scandal

  What started out as informative Financial Aid Nights every fall and evolved into College Goal Sunday in January has now transformed itself into the largest student loan scandal in history! Evolution In the fall when seniors begin applying to colleges, thousands of guidance departments present informative evenings where parents are introduced, often for the first time, to the financial aid process. While most find the system complicated, confusing and intimidating, for far too many

June 4, 2007 No Comments Full Story