In today’s trying financial climate, it is apparent that low-income families are not the only people looking for scholarship money to help ease the monetary burden of sending a child to college. Many colleges attempt to satisfy this need, as well as saving money themselves, by offering large scholarships to students from affluent families.Since the mid-1990’s, the amount of grant aid awarded to families making over $100,000 a year has skyrocketed in many prominent institutions. Experts reason that this shift came as colleges realized that it was more cost-effective to offer aide packages to students from affluent backgrounds rather than students from lower-income brackets. For example, a student from a lower-income family may need $30,000-$40,000 in grant aid from a college, whereas a student from…
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“HOW THE STIMULUS ACT AFFECTS YOUR COLLEGE SAVINGS”
By Joe Hurley, founder, Savingforcollege.com The $787 billion American Recovery and Reinvestment Act of 2009, signed by President Obama, could have an impact on how you build and spend your 529 college savings account. One change made by the Act: The list of eligible 529 expenses is expanded to include purchases of computer technology and equipment, along with Internet access for students and their families. However, this expansion applies only to the years 2009 and 2010; starting again in 2011, computers etc. do not qualify unless required by the educational institution as a condition of enrollment or attendance. For students attending post-secondary school in 2009 and 2010, the Hope Scholarship credit is beefed up under the Act. The new temporary version, called the American Opportunity…
UC Campuses Want the Truth
UC wants the truth on student applications The university uses random checks to make sure that grades, honors and extracurricular activities are properly reported. Reporting from Concord — The gray-and-green warehouse in suburban Concord seems an unlikely headquarters for a statewide detective operation, and the fact checkers at work there insist they are not mercilessly probing the lives of California's teenagers. Still, there is an element of hard-boiled sleuthing in the University of California's unusual attempt to ensure that its 98,000 freshman applicants tell the truth about themselves and their extracurricular activities. The stakes are high; UC enrollments may be canceled if students are found to be evasive or lying. Each year, a small number of UC applicants — fewer than 1% — are caught…
Private VS Public High School
Many parents ask if for college admissions purposes it's better to attend a well known private school versus a public school. The key to this question is, "for college admissions purposes." The truth is, parents should not make ANY decisions based purely on college admissions odds – that's the wrong way to address a crucial choice that involves far more variables than simply college admissions. One valid reason to send your son or daughter to private school is if you want him or her to have smaller classes, specific classes not offered at your particular public school, a different social environment, athletic opportunities not found at your local school, etc. The worst reason to send a student is in the vain hope of bettering college…
COLLEGE FRESHMAN FACING GROWING FINANCIAL WORRIES
Record numbers report that financial aid is playing a role in their choice of campus and that they need part-time jobs, according to UCLA's annual national survey. The economic crisis is pushing growing numbers of college freshmen to look for part-time jobs, scrounge for financial aid and turn down admission offers from schools that were their dream campuses, according to a national survey by UCLA researchers. Even in the early days of the current recession, money worries were evident among the students polled for UCLA's 43rd annual "American Freshman" survey, which is being released today. The study found that 43% of students viewed financial aid as very important or essential to their choice of a college. That figure was up from 39.7% last year and…
Best Value Colleges for 2009
TOP 10 BEST VALUE COLLEGES FOR 2009 PRIVATE 1. Swarthmore College (Swarthmore, Pa.)2. Harvard College (Cambridge, Mass.)3. Princeton University (Princeton, N.J.)4. Rice University (Houston, Texas)5. Yale University (New Haven, Conn.)6. Williams College (Williamstown, Mass.)7. Amherst College (Amherst, Mass.)8. California Institute of Technology (Pasadena)9. Pomona College (Claremont, Calif.)10. Stanford University (Stanford, Calif.) ——————————————————————————– PUBLIC 1. University of Virginia (Charlottesville)2. New College of Florida (Sarasota)3. College of William & Mary (Williamsburg, Va.)4. State University of New York-Binghamton5. Florida State University (Tallahassee)6. North Carolina State University (Raleigh)7. University of California San Diego8. City University of New York — Hunter College (New York, N.Y.)9. University of Georgia (Athens)10. The College of New Jersey (Ewing) Source: The Princeton Review
Facebook and MySpace used for College Admission
Gone are the photos of Jennie van den Boogaard at the "Rocky Horror Picture Show."You also won't find any curse words on her Facebook profile page."My sister works in advertising, and she is always telling me that colleges will look at my Facebook (page)," said Van den Boogaard, an 18-year-old senior at Satellite High.Students such as Van den Boogaard, one of FLORIDA TODAY's Verge student journalists, are being more cautious about what they post on social networking Web sites such as Facebook and MySpace in fear of giving college advisers or future employers the wrong impression.A recent report by Kaplan Test Prep and Admissions found that one out of every 10 admissions officers visits an applicant's social networking Web page as part of the admissions…
UC cuts freshman enrollment for fall by 6%
The hardest-hit campuses, Irvine and San Diego, will see 12% reductions. Berkeley's class will grow 1.7% and Merced's 17%. Numbers of community college transfers will be allowed to rise. LA Times, January 14, 2009 Saying they could not avoid a painful decision, University of California regents voted Wednesday to trim freshman enrollment for next fall by 2,300 students, or about 6%, as a response to reduced state funding during the worsening budget crisis. "None of us likes this," regents Chairman Richard Blum said of the student cut. But he placed responsibility for the action on state legislators, particularly Republicans opposed to tax increases. "For those who want to yell, go yell at Sacramento," Blum said. Under the plan, six of UC's nine undergraduate campuses will see…
The Secret Of Enrollment Management – What Private Colleges Don’t Want You To Know About Their Financial Aid Policies!
Enter_Title_Here The Secret Of Enrollment Management – What Private Colleges Don’t Want You To Know About Their Financial Aid Policies! Have you ever heard of the term, “Enrollment Manager”? If not, then here’s a lesson in college economics that most parents will never hear about. College enrollment management became prominent in the 90’s when private colleges discovered that they were losing high quality students to public universities due to “sticker price shock”. Many private colleges suffered from lower admissions numbers and feared that they would go out of business if they did not find a better way to pinpoint the high schools and markets where their best prospects would most likely be found. As a result, they turned to enrollment managers. In a nutshell, here’s how…
Obama comforts crying student..
Obama meets with a college student and her financial aid counselor. www.collegeplannignexperts.com -Brian Safdari
