Financial Literacy for Parents and Students
Dear Parents:When your children leave home for college, they will face a host of new experiences and responsibilities. As a parent, you recognize that now they will be "on their own" to tackle life's basic functions - at the same time that they are adjusting to a new environment and new freedoms. To help your student in this transition, he/she should know the "financial facts of life" before opening that first checking account or making that first purchase on credit.
Understanding Award Letters
Many times — maybe too many — high school seniors are just so happy to be accepted to their dream school that they don’t give a second thought to the financial implications of their college choice. Then reality sinks in when they start digging into the details of college award letters. At College Parents of America, […]
As Move-in Approaches, a Reminder from the NAIC about Student Insurance Needs
Fall 2013 student move-in has already begun at some colleges (and is rapidly approaching elsewhere). Many more students are moving into apartments or homes near campuses nationwide.
Negotiating the difficult discussion on which college to choose
April is such a key month for collegebound families, in no small part because final family decisions on a college are on deadline. By now, your student has acceptance letters in hand. But maybe this spring brought your student a towering stack of acceptance letters to consider. In such a case, how do you discuss collegiate opportunity with your student? And how do you, along with your college student, weight the reality of college finances in choosing a school?
Call for Greater Transparency by New York Times
We are frequent advocates of better consumer information for students and their families. As a result we were pleased to read today's article by fellow parent and New York Times columnist Ron Lieber. His article Concealing the Calculus of Higher Education is a powerful reminder of the difficulty families have in understanding the actual cost of college.
Report Proposes Reforms to Federal Work Study
Those who may need federal work study the most may miss out on securing its benefits.
College Finance Roundup
image by flickr user 401(K)2012, cc license A lot of college financial news hit the internet over the weekend and today. Catch up on what you may have missed below.
Back to College Spending 2014: The Numbers from the National Retail Foundation Survey
(photo by flickr user Jimmie) The National Retail Foundation has agained tracked what families have planned for Back to College Spending for 2014. The total projected amount? $48.4 billion.
College Cost Increases Emphasize that those Paying Tuition Should Pay Attention to Fees
image by flickr user FutUndBeidl (cc license) The Dispatch has reported that college tuitions at eleven of the thirteen public universities in Ohio will increase this fall. The increases are capped at the larger of 2% of tuition or $188. However, other uncapped increases are coming, too... in the form of new and increased fees.