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A College Student’s Guide to Building a Budget

College is a period of significant change and growth for students. It marks the beginning of financial independence for many, requiring the development of effective money management skills. Creating a budget is essential for college students to effectively manage their finances, which allows them to focus on their studies and alleviate added stress from money…

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6 Top Benefits of Summer Jobs & Internships for Students

As the season of sunshine and warmth approaches, high school and college students may find themselves wondering how to make the most of their upcoming summer break. While catching up on sleep and finding time to unwind are typical summer activities, there are additional possibilities to explore, such as seeking out a summer job or…

Navigating the Student Loan Grace Period: A Comprehensive Guide

Following graduation, leaving school, or dropping below half-time enrollment, college students are granted a student loan grace period. During this time, borrowers do not have to make payments towards their student loans. This temporary break serves as a valuable opportunity for recent graduates and those transitioning out of school to secure employment and acclimate to…

Does Your Teen’s College Major Choice Matter In Admissions?     

By Beatrice Schultz (Westface College Planning) and Lisa Marker-Robbins (Flourish Coaching) If you’re the parent of a college-bound teenager, you know all too well the mix of excitement and anxiety that comes with planning for college. The pressure to choose the right college and major, meet application deadlines, and ensure a bright future for your…

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Unlocking Opportunities: Colleges Offering the Most Merit Aid     

One of the biggest concerns for most college-bound students and their families when planning for college is the cost of attending. Fortunately, there are other options besides taking out student loans to help pay for a higher education. The two types of financial aid are need-based aid and merit aid. Need-based aid is awarded based on…

Scholarships: Understanding the Tax Implications    

As tax season unfolds, it’s important for college students and recent graduates to organize their financial documents and understand their potential tax obligations, especially if they have received a scholarship in the past year. While scholarships are often perceived as “free money,” there are specific circumstances that may require reporting scholarships as taxable income.   Some…