Valuable insights from Lynn O’Shaughnessy
a nationally recognized college expert.
Financial aid
March 21, 2009
Getting a Community College Scholarship
Community college scholarships are going begging. That’s what the faculty senate president at a community college in San Diego told me this morning when I bumped into him at the dog park. He wasn’t talking about federal Pell Grants or other state or federal aid. He was referring to community college scholarship that benefactors have started at particular schools. Sometimes...
Read More
0
March 17, 2009
Will Saving for College Penalize My Chances for Financial Aid?
Will my chances for college financial aid be hurt if I have saved for my child’s college education? I an always running into parents (usually dads) who worry that their college savings accounts will penalize their chances for financial aid. These parents also tend to be angry at the prospect that colleges will reward families who saved nothing. My response...
Read More
1
March 7, 2009
The Odds of Getting an Athletic Scholarship
If you want your child to snag an athletic scholarship, there’s no better sport than women’s rowing. Last year The New York Times completed an exhaustive research on the odds of winning an athletic scholarship and women’s rowing topped the list. According to the newspaper, 2,359 teenage girls row in high school and 2,295 girls receive rowing scholarships. EXCELLENT ODDS!...
Read More
0
March 2, 2009
Colleges & Home Equity
Before the housing bubble burst, plenty of parents worried that their home equity was going to scotch any chance of receiving college financial aid. Even in this environment, it’s still going to be a concern for families who have owned a home for a long time. Here’s what you need to know: If your teenager applies to a state school,...
Read More
0
February 22, 2009
Simpliflying the FAFSA
It’s hardly news that the FAFSA is a pain to fill out. There’s been many calls in Washington to dumb down the Free Application for Federal Student Aid, but nothing has worked yet. The New York Times published a front-page story today on the latest calls to simplify the federal financial aid form. Reformers suggest there are a couple of...
Read More
0
February 21, 2009
Studying for College Scholarships
When parents start talking to me about college, they often mention that they’ve been haranguing their kids about applying for private scholarships. It happened again on Wednesday night before I gave a talk at High Tech High in San Diego, which is where my son is a junior. A mother expressed frustration that her teenage son wasn’t prowling for...
Read More
15
February 15, 2009
Getting A Break on Out-of-State Tuition
No doubt most teenagers who attend state universities never look beyond their borders. If you’re a kid living in Los Angeles, the cost of going to UCLA or Berkeley is going to be cheaper than attending another flagship like the University of Texas or the University of Michigan. What keeps plenty of kids from wandering too far from home is...
Read More
0
February 13, 2009
Don't Wait for the FAFSA Deadline
I’m in the midst of organizing my family’s taxes, which is one reason why I haven’t been as faithful to my blog. I’ve got my receipts, 1099 forms, statements from financial institutions and other documents scattered all over my oak dining room table. When my husband, son and I eat at night all this stuff gets pushed to the side...
Read More
0
February 10, 2009
The Great College Hoax
If you want to be scared straight about college costs, read a Forbes Magazine article entitled The Great College Hoax.The piece argues that graduates who believe that a college degree will start them off on a yellow brick road that leads to greater salaries and a $1 million lifetime advantage over the poor souls who never make it past high...
Read More
0
February 9, 2009
Free Colleges — This Isn't a Typo
Believe it or not, a handful of colleges charge less tuiton than a bag of theater popcorn. Actually, they are free.The New York Times wrote about one of the schools, The Cooper Union for the Advancement of Science and Art, in today’s edition. Not surprisingly, students submitting 2009 early decision applications to the school, which is an amazing place for...
Read More
0