by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Dec 8, 2022 | Financial Aid
Last month, we featured a post titled, “Tuition Discounts Offered as Merit Aid” about the common practice of colleges to provide partial merit scholarships, or discounted tuition. There are two reasons why this has become routine at mid-tier schools as a way to...
by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Nov 28, 2022 | Loan Forgiveness
One of the most popular student financial aid programs managed by the U.S. Education Department (ED) is the Public Service Loan Forgiveness (PSLF) program, and it’s easy to figure out why. PSLF promises Federal loan holders that, upon meeting requirements pertaining...
by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Nov 15, 2022 | Financial Aid
The U.S. Education Department (ED) is no longer accepting applications for its student debt forgiveness plan (the Plan) after a Texas judge halted its rollout in a November 10th ruling. Studentaid.gov, the ED’s website for student aid programs, announced the following...
by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Nov 7, 2022 | Financial Aid
College tuition is on the rise again after a two-year hiatus brought about by the pandemic. Increases have been substantial — usually in the range of 3 to 4%. Families are more concerned than ever about the affordability of college, so they seek options to avoid...
by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Oct 27, 2022 | Financial Aid
Colleges have conflicting motives when considering applicants for admission. Their prime motive is to accept qualified applicants who will pay full tuition, assuring the college that it will be able to operate at or above its desired educational level. However, the...
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