All Paying for college Articles

Are scholarships taxable income?
questions & answers

Are Scholarships Considered Taxable Income?

By Allison WignallLast updated on December 22, 2022
Money always seems to be fraught with complications. Who wants to worry about taxes while figuring out financial aid and how to pay for your college education. Hopefully, this article will help clarify and simplify some questions you may have. So, are scholarships taxable income? It depends on what you use their funds for. Tuition …
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questions & answers

Can a Student Receive Both Merit-Based and Need-Based Aid?

By Allison WignallLast updated on December 22, 2022
While you’re applying to financial aid, you may come across need-based and merit-based aid. What do those two terms mean though? Need-based aid is awarded on the basis of financial need. Students can (and should) file the FAFSA to discover need-based award opportunities. Those come in the forms of scholarships, grants, work studies, and loans. …
Here are some stats about student loans
student loans

Stats about Student Loans

By Morgan StaubLast updated on December 22, 2022
A great man named Jay-Z once said, “Men lie, women lie, numbers don’t.”  This mantra seems to hold true in nearly all areas of life, especially when it comes to the hot-button issue of student loans. As student loan debt and financial aid has recently become a polarizing—and often politicized—issue, the most straightforward information often …
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student loans

8 Ways To Reduce Student Loan Debt

By College Raptor StaffLast updated on December 22, 2022
With the rising cost of tuition, most families in America take federal and private student loans to cover these costs. As a result, the majority of students graduate with thousands of dollars in student loan debt. While this may be unavoidable, there are things you can do to reduce what you owe in student loans. …
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student loans

The Difference Between Loan Deferment and Forbearance

By Allison WignallLast updated on December 22, 2022
Some people use the two terms interchangeably, but that can lead to misconceptions because the two aren’t actually the same. Deferment To boil it down and really simplify it: deferment is delaying the repayment of a loan until after the student borrower graduates. While in school, they can focus on their studies. Students do not …
Avoid losing your scholarship with these tips
scholarship search & applications

How to Avoid Losing Your Scholarship!

By Allison WignallLast updated on December 22, 2022
If you have a scholarship or multiple scholarships, first off: congratulations! Second: did you know you could lose it? Yikes. It’s an unfortunate reality that scholarships are pretty conditional. After all, there were requirements for you to be eligible for the scholarship, so it makes sense that there are also requirements for you to be …
scholarship for students in college
questions & answers

Is There Any Way To Guarantee That We Can Get A College Scholarship?

By College Raptor StaffLast updated on December 22, 2022
When it comes to college scholarships, there are no 100% guarantees as schools take into consideration several factors before they make any decision. However, there is one thing you can do to boost your chances significantly—get good grades. It’s true—while colleges across the U.S. offer scholarships for accomplishments in areas that range from athletics and …