Paying for college begins here
As students prepare to figure out how to pay for college, filling out the Free Application for Student Aid (FAFSA) is always part of the process. Completing their FAFSA ensures colleges get critical details about a student’s financial situation, and the data within it can make them eligible for a wide array of financial aid…
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At The Scholarship System, one of our core beliefs is to avoid student loan debt or limit it to the lowest amount possible. While sometimes it can be inevitable, we always stress that there are two sides to graduating debt-free: reducing the amount of money needed and earning debt-free money to cover what you do…
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The concept of student credit cards is often hotly debated. Primarily, that’s because there are a variety of credit card pros and cons for students. As a result, that makes it hard to determine whether it’s wise for college students to get one or if they’re better off avoiding this type of debt. Plus, attending…
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As a parent, it’s normal to want to help your students handle their college costs. While using any available savings is an option, not all households can afford to cover college expenses out of pocket. As a result, turning to a federal Parent Plus loan for financial assistance is commonplace. Parent Plus loans do come…
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During his campaign for president, Joe Biden promised that student loan borrowers would receive $10,000 in student loan forgiveness. While there wasn’t immediate progress due to concerns about the legality of such broad actions, President Biden formally announced a one-time federal student loan debt relief on August 24, 2022. Since that announcement, the landscape has…
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Paying for a student’s education is often no small feat. Plus, there are often few inherent protections for students and parents who commit a substantial sum to cover the cost of college or private K-12 education. As a result, many students and parents wonder if tuition insurance is a worthwhile investment. Ultimately, whether tuition insurance…
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Many students assume that all colleges are the same, particularly when it comes to financial aid. However, that isn’t actually the case, particularly if a student is focused on online schools. In reality, the list of online colleges accepting FAFSA is a bit more limited than traditional brick-and-mortar universities. Since that’s the case, students who…
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Most students understand that student loan debt can harm their financial futures. However, deciding whether the amount of student debt that comes with a particular major is worthwhile isn’t always easy to ascertain. Some degree plans come with higher-than-average debt loads but bring in enough income to make it worthwhile. Others may have slightly below-average…
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As your student prepares to handle the cost of college, avoiding debt is usually a priority. As a result, it’s normal for them to wonder, “Do you have to pay back grants?” After all, most people don’t deal with any kind of grant until they reach college-age, so some confusion is to be expected. If…
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Most parents want to set money aside in their student’s college fund, but that doesn’t mean all of them can get started right away. Instead, many households have other financial priorities initially, causing parents to get a late start saving for college for their student. Fortunately, even if your student is in high school, it’s…
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