Christian Lopez, Jeter’s 3,000th hit and 150k in student loan debt
July 21st, 2011 Posted by: Ken Read comments »
Christian Lopez, the generous and kind hearted Yankee fan that returned Derek Jeter’s 3,000th hit baseball has even more good things coming his way. It turns out that “doing the right thing” can pay off when big companies take an interest in marketing the story. USA Today reported that companies like Miller brewing, Modell’s sporting …
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Debt – A four letter word your students should know about
July 19th, 2011 Posted by: Ken 1 Comment »
The skill of debt management has grown into a necessity for anyone completing college using student loans. Are student’s getting the help they need to deal with it? With about 2/3rds of all students finishing college with some kind of debt and $24,000 in student loans an average amount outstanding, it has become a common …
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Maximize financial aid while keeping your summer job: The FAFSA income allowance
July 11th, 2011 Posted by: Ken Read comments »
Students from high need families face obstacles when it comes to college. Increasingly, one of those challenges is managing an actual work schedule while attending. For some students, getting work can be as important as school itself. Earning critical income can take as much time out of a week as attending classes. Today, we see …
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Rule of 72: What every college student needs to learn
July 5th, 2011 Posted by: Ken Read comments »
Getting a handle on personal finances always feels more complicated than it really is, especially for college students. That’s because many students get intimidated by a subject that they are not familiar with. However, when it comes to money what you don’t know CAN hurt you. College is great because it exposes students to a …
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For future Veterinarians: Interview with VBMA President Ashley Craig
June 29th, 2011 Posted by: Ken Read comments »
I recently had the pleasure of interviewing Ashley Craig, President of the Veterinary Business Management Association or VBMA. She was able to share some great insight into the world of veterinary medicine. Ashley made clear the expectations and rewards of pursuing a career in this field, and provides a real world first hand perspective so …
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Eliminate Tuition Shock & Awe: Translate Your Billing Statement
June 23rd, 2011 Posted by: Ken 1 Comment »
It happens during the heat of the summer months. An unusually shaped piece of mail is sent to the home of a college student. This letter is unlike the admissions and financial aid packet in a big beautiful envelope full of gorgeous pictures of the school. No, this letter looks more like the below picture. …
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The Perkins Loan faces modernization or elimination
June 17th, 2011 Posted by: Ken Read comments »
The Perkins loan, a need based loan program for college students, is undergoing review for a revamp to prevent it’s elimination in 2014. As reported in Inside Higher Education, the Perkins loan program is set to expire in 2014, along with several other campus based Aid programs like FSEOG and Workstudy. However, while FSEOG and …
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Colleges avoid “Summer Melt” with generous merit based scholarships.
June 14th, 2011 Posted by: Ken 2 Comments »
It’s a familiar scenario for college administrators during the summer; many students submit deposits in May signifying a commitment to attend, but come September a percentage are nowhere to be found on campus. It’s what admissions counselors refer to as “Summer Melt” where formerly committed students vanish like a snowman in July. The percentage can …
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Last minute college planning: It’s never too late for Pell
June 13th, 2011 Posted by: Ken Read comments »
Along the road to college, it’s not uncommon to hit a few bumps. Sometimes people forget to file the FAFSA on time putting them at reduced eligibility for many need based grant programs. However, the Pell grant program remains open and available all through the academic year, as long as the FAFSA form is filed. …
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Cost of Attendance: What does it mean?
June 7th, 2011 Posted by: Ken 1 Comment »
When comparing colleges to figure out where to attend, a term that will pop up is the “Cost of attendance” or “COA”. This term is specifically used to describe the total costs associated with attending a particular school and is officially established by the financial aid office each year. This process is required for a …
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