Money

NEW YORK (CNNMoney) — Private schools are getting flooded with financial aid applications , and a growing number of the parents seeking help are earning $150,000 or more a year. Overall, the average cost of tuition at private schools across all grades is nearly $22,000 a year, up 4% from a year ago and 26% higher than it was in the 2006-07 academic year, according to the National Association of    .. more …

As students finalize their college choices before the May 1 deadline, we’ve once again opened our virtual Guidance Office to help families find the best fit for their budgets.Mark Kantrowitz, a financial aid expert and publisher of FastWeb.com and FinAid.org , is spending a week with The Choice to answer your questions about scholarships, loans and financial aid offers from colleges.Mr.    .. more …

As families finalize their college choices before the May 1 deadline, finding the best fit for their students and their budgets, we’ve once again opened our virtual guidance office for some advice.Mark Kantrowitz, the financial aid expert and publisher of FastWeb.com and FinAid.org , will be spending a week with The Choice to answer your questions about scholarships, loans and financial aid offers    .. more …

For families with college-age children, the financial burden of paying for their college degree has grown sharply over the past two decades.Our roundup of advice — insider secrets from college counselors, administrators, and parents in the trenches — can guide you in getting a better financial aid package. Each secret alone may be worth a few hundred to a few thousand dollars.Negotiating a    .. more …

Jim Femia, a certified college planner and principal at CollegeBound Coaching, a local college admissions and preparation firm, spoke on Monday evening, April 12, at Swampscott Public Library to parents of Swampscott and Marblehead high school students on navigating the college financial aid process.For those parents who were unable to attend this educational workshop, CollegeBound Coaching offers    .. more …

Despite increases in federal financial aid, students at institutions around the country have long struggled with the costs of rising tuition.The Janus Forum debate series, held at UVM on March 20, focused on discussing whether federal financial aid makes college more or less affordable.The two experts participating in the debate were Richard Vetter, Professor of Economics at Ohio University, and    .. more …

Over 15 percent of students receiving financial aid in Columbia College and the School of Engineering and Applied Science have completed a survey about the Office of Financial Aid , the second step in a semester-long internal review of the office.The review is split into three stages: a series of student lunches with Dean of Financial Aid Laurie Schaffler, GS ’92, during the month of February, the    .. more …

The total cost of attending Yale and the University’s financial aid budget will both jump by roughly 5 percent in the 2012-’13 academic year, according to figures released last Tuesday.Tuition will rise from $40,500 to $42,300 in the coming year, while room and board will cost $7,150 and $5,850, respectively ” an increase in total cost of 4.9 percent to $55,300. At the same time, Yale’s    .. more …

My step-daughter will be applying to colleges in the fall. What is the best way her father and I can prepare ourselves financially? And how is a student with divorced parents affected in terms of financial aid? The rules for financial aid for the children of divorced parents can be very complicated. However, the general guideline is that the custodial parent is the person responsible for    .. more …

This is the season for financial aid awards. Colleges and universities across the country are dispatching financial aid letters like these to families of high school seniors, as well as returning college students.Unfortunately, many of these award letters are terribly confusing. It almost seems as if some letters are intentionally confusing because if parents can’t decipher an aid award, they    .. more …