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cost of colleges
questions & answers

Is Work Study Income Taxable?

In addition to scholarships and grants, joining a federal work study program is a great way to pay for college (and should definitely be considered before taking out a loan). Work Study Programs and Taxes In a work study, students will have a part-time job—typically related to their field of study—and have their earnings funneled …
Should high schools require students to take a financial aid and literacy class
questions & answers

Should High Schools Require a Financial Aid & Literacy Class?

When students bring up college, one of the very first conversation topics typically revolves around the cost. From tuition, to student loan debt, to scholarships, and more. But there seems to be one thing missing from a lot of those conversations—the availability of financial aid. Thus, should high schools require a financial aid and literacy …
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questions & answers

Why Are My Offer Letters So Different from One Another?

Comparing your offer letters from different schools you’ve been accepted into is one of many factors that can help you make your final college choice and where you’ll attend. You can weigh how much aid each school is willing to give against other perks or drawbacks in order to narrow down the list. But sometimes …
Is it possible to defer your student loans?
questions & answers

Can I Defer My Student Loans?

When you take a student loan, you will be given a loan repayment schedule that states how and when you will have to pay back the loan and interest. Most lenders do include a grace period after graduation to give you some time to get a job and get on your feet before you have …
A teacher is looking at the student's paper on the desk.
questions & answers

What is a TEACH Grant?

While you’re filling out the Free Application for Federal Student Aid (FASFA), you may have seen the TEACH Grant name tossed around a bit. What exactly is it? And more importantly, do you qualify? What is it? The TEACH Grant, which stands for The Teacher Education Assistance for College and Higher Education, is for students …
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questions & answers

EFC: Is That What You’ll Actually Pay?

According to a few recent studies, students are more worried than ever about the hefty price tag stuck on a four-year education. Nearly 9 in 10 students described financial aid as either “extremely” or “very” necessary for them to make it through college, and about 70% of students said they feel stress about their personal …