scholarships Archives - Page 2 of 6

Establishing Residency for In-State Tuition Discounts

January 4, 2021 Jordan RothmanChoosing Schools

Some colleges offer different tuition rates for students depending on if they reside within the state or from a location outside of the state in which a college is located. The reasoning behind this policy is that state funds are used to support some universities and so state residents, who presumably pay to support the school indirectly through taxes, should receive a discount on tuition. However, even if you are originally from out of state,… Continue Reading Establishing Residency for In-State Tuition Discounts

A Student Loan Bailout is Unlikely

November 16, 2020 Jordan RothmanRepayment Strategies

Over the years, there have been some discussions of a massive student loan bailout that would wipe out most or all of the student debt burdening millions of borrowers dealing with student loans. Indeed, I wrote an article on this topic a few years ago for another website, and I predicted that a student loan bailout would be fairly unlikely. I also wrote a similar article on this website a few years ago. Now that… Continue Reading A Student Loan Bailout is Unlikely

Paying Sticker Price to Attend Law School

October 19, 2020October 19, 2020 Jordan RothmanChoosing Schools

Most people understand how law school is extremely expensive, and how it requires a substantial investment of time and money to become a licensed attorney. Fortunately, scholarships and other types of financial aid are available to law students in ways not available to students who enroll in other graduate programs. As a result, paying sticker price to attend law school (a nickname for attending law school without any scholarships or other financial assistance) is only… Continue Reading Paying Sticker Price to Attend Law School

Getting Advice About Student Loans

October 5, 2020October 5, 2020 Jordan RothmanAdvice for Parents, Repayment Strategies

Paying off student loans can be a lonely process. People often do not discuss student loans with their peers, so it is difficult to get advice and support from friends. In addition, the student loan challenges faced by this generation are different than the struggles faced by people who went to school decades ago. However, getting advice about student loans can be easy if you keep a few things in mind. Siblings Siblings can be… Continue Reading Getting Advice About Student Loans

Earning College Credits in High School

September 21, 2020September 21, 2020 Jordan RothmanChoosing Schools, Saving Money

When most people consider strategies to deal with student debt, they focus on tactics that can be employed after they have already borrowed funds to attend school. However, it is advantageous to take certain steps before borrowing student loans to minimize the amount of debt you need to borrow in order to earn a degree. Of course, not everyone can turn back the clock, but high school students should think about how they can take… Continue Reading Earning College Credits in High School

Deciding If You Should Finish Graduate School

September 14, 2020 Jordan RothmanChoosing Schools, Saving Money

Individuals attend graduate school for all types of reasons. Some people obtain a graduate degree in order to pursue their calling, and other people attend graduate school to ride out bad economic times in academia so they do not have to compete in a bad job market. Many students may seriously consider dropping out of a graduate program at some point or another, and there are many things to consider when deciding if you should… Continue Reading Deciding If You Should Finish Graduate School

Need-Aware Admission is Unfair

September 7, 2020 Jordan RothmanAdvice for Parents, Choosing Schools

This website has mentioned in several prior articles how I was offered generous financial aid to attend college and graduate school. Indeed, I am kind of the “poster child” of college financial aid, since I received a ton of grants and other assistance that nearly covered the enitre cost of earning my college degree. When I attended my college, the school had a need-blind admission policy, meaning that a student’s ability to pay was not… Continue Reading Need-Aware Admission is Unfair

Having Siblings Can Help with Financial Aid

August 17, 2020 Jordan RothmanAdvice for Parents, Choosing Schools

Having Siblings Can Help with Student Loans

As this website has already discussed in several prior articles, many factors are evaluated when determining if a student is eligible for financial aid. For instance, a family’s income and savings is often used to calculate how much money a family can be expected to contribute to a child’s tuition. In addition, the number of children a family has in college at the same time can also impact financial aid determinations. Since families cannot contribute… Continue Reading Having Siblings Can Help with Financial Aid

Avoid Scholarships with Conditions

August 10, 2020August 10, 2020 Jordan RothmanChoosing Schools, Saving Money

Scholarships are available to students who enroll in many undergraduate and graduate school programs. Indeed, college students who participate in athletics, have high test scores, and others who meet different requirements can earn merit aid to attend school. Furthermore, law schools commonly award scholarships to applicants who have impressive records that can boost a law school’s admissions data. However, applicants to various educational programs should try to avoid scholarships with conditions in a variety of… Continue Reading Avoid Scholarships with Conditions

How Much You Should Save in a 529 Plan

June 29, 2020 Jordan RothmanAdvice for Parents

This website has previously discussed how parents can save money in a tax-advantaged 529 account for their kids’ educational expenses. Indeed, a previous article noted how anyone can make a contribution to a 529 account, and this could be a good substitute for giving gifts to a child. Although there are many opinions on the internet about saving goals for 529s, there are a few things you should keep in mind when evaluating how much… Continue Reading How Much You Should Save in a 529 Plan