Earning a graduate degree is a great way to increase your income potential. In fact, Indeed reported that, on average, the earnings increase from a bachelor’s to master’s degree is roughly 20%. Nonetheless, it can be difficult to understand how to pay for grad school. Graduate school can be expensive. According to FinAid.org, a graduate …
Category Archives: Grants and Scholarships
How Much Does Grad School Cost?
If you are considering going to grad school after college, you may be wondering, “How much does grad school cost?” Making the decision to attend graduate school is one thing, but paying for it is another issue. Whether you plan to take out graduate student loans, receive a scholarship, or pay out-of-pocket, being aware of …
Preparing for University: A College Application Checklist
Welcome to college application season – one of the most exciting and slightly stressful milestones in your life. Though the college application process may seem overwhelming, familiarizing yourself with what it entails, including admission requirements, deadlines, and application timelines, is key to being prepared. Use this college application checklist to guide you at every step …
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Parents’ Complete Guide to Saving for College
According to a study done by Fidelity, 42% of parents wish they started saving for college earlier. While saving for college can seem like a daunting challenge, we’re here to help. If you’re wondering when you should start saving for your child’s college education, you’re in the right place. Keep reading to learn about when …
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Which Type of Financial Aid Should You Accept First?
Now that you’ve been accepted into college, it’s time to figure out how you are going to pay for your education. As you sift through your financial aid packages, it may be confusing to differentiate between the different types of financial aid you were offered. In this article, we’ll cover everything you need to know …
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Should I Accept All of the Financial Aid Offered to Me?
College is expensive, but that doesn’t mean you should accept every last bit of financial aid. Now I know, that probably sounds counterintuitive. I mean, who wouldn’t use all the offered financial aid?! However, there are many instances where financial aid can actually be detrimental rather than helpful, so knowing when to decline certain financial …
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What is Trade School? Is It Free?
Many people don’t talk about the different pathways that you can take after high school graduation, except the traditional four-year college route. Going to trade school is a viable option to consider if attending college is not for you. You may be wondering, ‘what is trade school’ and ‘is trade school free?‘ Trade school has a …
How to Apply for College | A Step by Step Guide
Once the summer wraps up, it’s the busiest time of the year for high school seniors: college application season. From juggling deadlines, to standardized tests, to finalizing your college list, the process of applying for college can become quite tumultuous and hectic. If you need a breakdown on how to apply for college, here’s seven …
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What to Know About Pell Grant Eligibility
In the 2020-2021 school year, students received $26 billion in Pell Grant awards. And of course, seeing how the cost of education has been rising, you might want to get in on some of that award money. If you’re not sure about your Pell Grant eligibility, here’s what you need to know in order to …
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11 Ways to Pay for College Without Your Parents’ Help
According to Education Data, American parents save $5,143 annually for their kid’s college, on average. Without this parental support, paying for college can feel out of reach. However, each year, thousands of students pay for college on their own, successfully utilizing a variety of resources to support them. Here’s how you can pay for college …
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Ultimate Guide to College Grants
Paying for a college education is a significant investment of both time and money. According to US News, for the 2021-22 school year, the average tuition for a private institution was $38,185 and $22,698 for a public, out-of-state college. If we factor in the average 6.8% increase in tuition every year, affording the cost of …
FAFSA Requirements: Everything You Need to Know
Millions of students fill out the Free Application for Federal Student Aid (FAFSA) with the hope of scoring a portion of the $112 billion in available aid each year. However, depending on whether you meet the FAFSA requirements and eligibility criteria, you may not qualify for certain forms of aid. Here’s everything you need to …
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How to Pay for College with No Financial Aid
Each year, college-bound students anticipate receiving their college financial aid award letters. Oftentimes, financial aid becomes a make-it-or-break-it factor in pursuing a higher education. If your financial aid award is too small, it could put attending that university out of the question. But what if you receive no financial aid at all? Before you throw …
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How Much Can AP Credits Save You in College?
If you’re familiar with the U.S. education system, you’ve probably heard about the dreaded AP exams that come around every spring and the notorious College Board that administers them. Depending on your AP exam score, AP courses can count as college credit. But is taking AP classes really worth it, and how do you decide …
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Top 55 Companies With Tuition Reimbursement Programs
In today’s job market, employee retention is dwindling by the minute. In an effort to keep up, companies are offering more robust benefits, including substantial tuition assistance programs. If your eyes are set on pursuing a higher education, consider working for one of the following companies to help reduce the amount you pay out-of-pocket or …
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How to Write a Financial Aid Appeal Letter
If you didn’t receive as much financial aid as you expected or need to pay for your education costs, do not panic. Contrary to popular opinion, your financial aid package is not set in stone. You can send a financial aid appeal letter to your institution and have your financial aid package reconsidered. Getting approved …
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How College Financial Aid Really Works
The cost of college has been going up for many years, making financial aid incredibly important. In fact, to afford college, most students use a combination of financial aid. The term “financial aid,” though, is broad and can refer to many different things. So, what exactly is financial aid? And how does it really work? …
Why Didn’t I Get Financial Aid?
Financial aid can come in a variety of forms, such as scholarships, grants, and even student loans. On average, full-time undergraduate students receive roughly $14,800 of financial aid each year.1 So, if you submitted the FAFSA and didn’t receive any financial aid, it may have come as a surprise. What are some reasons you might …
How to Pay for Dental School: The Top 4 Strategies You Need to Know
Becoming a dentist has a variety of benefits, but getting there can be quite expensive. A 4-year dental school program could run you about $400,000 with all expenses included. That’s why it’s essential to understand how to best pay for dental school The return on investment with a dental degree is promising, with the average …
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Scholarships for Dental School: How and Where to Apply
According to NerdWallet, dental school students graduated with an average of $304,824 in debt in 2020. Though the tuition for dental school differs between dental programs, financing dental school tuition can be a hefty and expensive challenge. Scholarships are a great way to minimize this overall debt total. Let’s find out which scholarships are best …
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How to Pay for Law School: The Top 4 Strategies You Need to Know
According to the Law School Admission Council, a law degree can cost upwards of $150,000. While there are more affordable law programs, it isn’t uncommon for law school graduates to end up in a fair amount of student debt. If you’re headed to law school any time soon, the reality of how much it costs …
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Best Scholarships for Law School
Want to have a career in law without racking up overwhelming amounts of debt? You have two options if paying out of pocket isn’t possible (which is usually the case for most law school students). 1) You can either move to California, Virginia, Vermont or Washington, which are the only four states in the U.S. …
Dental School Grants: How and Where to Apply
The average debt dental students have is around $300,000. This includes debt from both undergraduate and graduate studies. While that is a scary number, you can bring it down by securing free aid like grants. Here is what you need to know about dental school grants. Benefits of a Grant for Dental School Grants are …
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Grants for Law School: How and Where to Apply
In 2020, the American Bar Association reported that the average law school student owed $165,000 of debt after graduation. While going to law school is a significant financial investment and timely affair, there are ways to finance your law school tuition without taking out a student loan or paying out of pocket. If you meet …
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Medical School Grants: How and Where to Apply
Becoming a medical professional is a timely, intensive, and costly affair. With four years of undergraduate education, four years of medical school, and 3-8 years of residency, there’s no doubt that debt can rack up quickly for student borrowers. Among medical school graduates in 2020, the median student loan debt burden was $207,003. While attending …
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Medical School Scholarships: How and Where to Apply
Medical school can get really expensive to pay for. Luckily, there are various types of aid to help you pay for it. A big one is scholarships. So, how and where can you apply for medical school scholarships? Where Do Medical School Scholarships Come From? Funding for medical school scholarships can come from all sorts …
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Best Grants for Graduate School
What’s better than free money to pay for school? Unfortunately, finding free money for graduate school can be challenging. However, there are options such as grants to help pay for your education. A grant is a type of financial aid that does not have to be repaid and is typically given based on need. In …
Best Scholarships for Graduate School
Going to graduate school is a great opportunity to secure higher earnings. It could also help you ascend to a higher position at a company. However, grad school is expensive. Did you know that there are scholarships available designed for graduate education? In this article, we’ll talk about the importance of a scholarship, the requirements …
Loans vs. Grants vs. Scholarships: What’s the Difference?
Figuring out how to pay for college is like walking through a minefield. You’re scared to even take a step because it may be the wrong one. But you don’t have to be! There are 3 big resources people use to help them pay for college: scholarships, grants, and loans. Let’s go over them. What …
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How to Pay for College
Let’s set the scene. You got accepted into your dream school. You’re so excited you can hardly contain it. A few days go by and the reality sets in. How am I going to pay for this? You log into your school’s payment portal and look at the total cost of attendance. Before you panic, …
4 Types of Financial Aid for College
You may be wondering what the difference is between scholarships, grants, work-study programs, and loans. The four main types of financial aid differ in terms of structure and eligibility. Here is the basic information you need to know about the different types of financial aid: The Basics: Comparing Financial Aid Options Which Type of Financial …
Student Loan Glossary | Complete List of Loan Vocabulary
An Annual Percentage Rate, or APR, is the interest rate applied on a student loan for the whole year. This number may differ from your interest rate because it takes into account any fees associated with your loan.
The Top 6 College Scholarship Sites You Need to Know About
It is always recommended that students exhaust all scholarship options before accepting any federal financial aid or loans. But where do you look for scholarships? We got you. Here’s a few of our favorites. 1. Sallie Mae Sallie Mae is one of the most well-known private student loan companies in the game. To support students …
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