Financial aid

How standardized should financial aid award letters be?

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Rising concern about student debt has reignited debates about standardizing financial aid award letters.

Wesleyan shifts away from need-blind policy, citing financial and ethical concerns

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Wesleyan University is moving away from need-blind admissions, saying that keeping the policy would require too much money and impose too much debt on some students.

After online petition, bank forgives dead student's loans

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KeyBank, an outlier in the lending industry, for years required the co-signing parent of one dead student to make payments on $50,000 of debt. The bank acquiesced after an online petition went viral.

Colleges worry about end of federal aid based on "ability to benefit"

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High school dropouts used to be able to qualify for federal grants and loans based on a basic skills test. That ends in July, and community colleges are worried about what will happen to these students.

Mount Holyoke and a handul of other private colleges freeze tuition for next year

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Mount Holyoke joins a short -- but longer than usual -- list of colleges to freeze tuition. Moves could signal awareness of a limit to families' willingness to pay high sticker prices.

Arizona proposal latest to object to subsidizing others' educations

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Proposals in Arizona and two other states show a reluctance to subsidize the higher education of others, and question a longstanding practice of using aid to improve access.

Virginia governor seeks to cap use of tuition revenue for financial aid

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Virginia governor challenges a centuries-old tradition of using tuition revenue from wealthier students as financial aid for other students.

UC system weighs shift in tuition payments to after graduation

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Proposal being weighed by University of California to shift student payments to after graduation and tie them to income would be a dramatic change in how education is financed.

Budget compromise would preserve maximum Pell grant, NIH funding

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A budget compromise would slightly increase funding for the National Institutes of Health and change eligibility for the largest federal grant program for college students.

A new study identifies the best way to make low-income families aware of federal financial aid options

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New report calls for expanded effort to reach out to students and their families with financial aid information -- years before they will apply to college.

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