College Planning

Categories

Is A Scholarship Taxable?

It’s tax season. That means it’s time to organize and get all your financial papers in order. If you’re a college student or a recent graduate that has received a scholarship over the past year you may owe taxes on it. Typically, scholarships are “free money,” but there are certain circumstances that require students to…

College Students: Should You Live On Or Off Campus?

Your college student has applied and gotten into the college of their dreams. Now the moment has come for your college-bound son or daughter to think about whether they want to live on or off campus. The decision is a big one and a very individual one. It’s a good idea to sit down and…

Free Online Courses Being Considered for College Credit

One of the hottest issues in higher education these days is the recent explosion of free online courses. Colleges are grappling with the impact free online courses can have on teaching. While the Massive Online Open Course (MOOC) platforms are still in their early stages, the race has begun to integrate free online courses into…

Repayment Tips for Student Loans – Part 2

Repaying your student loans right after graduating college can be overwhelming. Many students don’t realize how much they’ve actually borrowed to get themselves through school. In the first half of our 2-part blog we discussed repayment options for your student loans. Now we will discuss why it’s so important to keep your lender in the…

Repayment Tips for Student Loans – Part 1

Students who need to take out student loans during college don’t give much thought to the accumulating financial burden they will face after graduation. The issue is only compounded further with no bills coming for months after graduation. It can be easy to forget about the student loans and not prepare to pay them back…

Student Loans – How to Prevent Defaulting on Your Loan?

Student loan defaults have risen for the sixth straight year according to the Institute for College Access & Success. The percentage of borrowers who defaulted on their federal student loans within two years of their first payment jumped 9.1% in fiscal year 2011, up from 8.8% the previous year. A mid-2012 briefing paper by the…