Archive for January, 2008

Holy Cross eliminating college loans

Reported by Peter Schworm - The Boston Globe  The College of the Holy Cross in Worcester announced yesterday it will waive tuition for students from the city of Worcester whose families earn less than $50,000 a year, in an effort to attract more low-income and working-class students to the private Catholic school. College administrators said the initiative, which is unusual for a small, liberal arts college, will make it possible for more city students to attend the school and help famili

January 31, 2008 No Comments Full Story

College Goal Sunday – touchdown or fumble?

In countless locations in over 40 states, college financial aid officers and state officials are the main sources of information at this new generation of financial aid night called, College Goal Sundays. Traditionally, financial aid nights are held in the fall at thousands of high schools, and it is here that parents and their students learn about the FAFSA (Free Application for Federal Student Aid), the CSS Financial Aid Profile, federal loans, and grants for very low income families. However,

January 30, 2008 No Comments Full Story

Indiana students to get extension on loan deadlines

INDIANAPOLIS (WISH-TV) - Legislation that could help thousands of Hoosiers continue their college educations is sailing through the statehouse. Indiana students who receive state-sponsored financial aid must use it or lose it. A bill that passed the House of Representatives unanimously would do away with a time limit. Megan Johnson is an IUPUI sophomore who works full time in the University's Financial Aid Office. She knows she will not graduate in four years. If it would take more than te

January 30, 2008 No Comments Full Story

Bowdoin College to become a no-loan school

The college announced last week that it will replace all its loans with permanent grants beginning in the fall in an attempt to ease the amount of money students owe when they graduate.

January 25, 2008 No Comments Full Story

College financial aid updates

• Yale University cut the cost of attending by, on average, a third to a half for all students receiving aid Jan. 15;

January 24, 2008 No Comments Full Story

Dartmouth joins no-loan club with qualifiers

Dartmouth announced yesterday that beginning with the 2008-2009 school year, undergrads from families with incomes below $75,000 will receive free tuition. Loans will also be replaced with scholarships and need-blind admissions will apply to all international students. Immediately, Dartmouth will also provide an additional scholarship of $2,950 to allow those receiving financial aid to take advantage of research or internship opportunities in their junior year.

January 23, 2008 No Comments Full Story