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...
by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Oct 14, 2022 | Financial Aid
Federal Direct PLUS Loans, commonly referred to as a Parent PLUS loans, are available to parents of dependent undergraduate students to pay for their child’s college education. There are no fixed annual or aggregate limits for these loans. The amount that a parent can...
by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Oct 7, 2022 | Financial Aid, Uncategorized
Most families welcome financial aid from outside sources to help them pay for a college education. Although they may not accept all financial aid offered to them, they prefer as wide an array of choices as possible. Two important applications should be submitted by...
by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Sep 4, 2022 | Financial Aid
The cost of college has nearly tripled since 1980 and Federal financial aid has not kept pace. Pell Grants once covered about 80% of the cost of a four-year public college degree for students from working families, but now only covers a third. This erosion of tuition...
by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Jun 21, 2022 | Financial Aid
While 81% of college-bound juniors and seniors view college as a path to a better life, only half of them feel confident about being able to finance their college education, according to a recent survey conducted by Ipsos Research for Sallie Mae. The survey examined...
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