Financial Aid Archives

Student Loans 101: How does CDR affect students?

Aug 10, 2015 | Default Management, News

What exactly is CDR? CDR stands for Cohort Default Rate. It’s the percentage of a school’s students who have gone into default on their student loans. For example, a college with a 6% CDR has six percent of its graduates who have gone into default. Why is this...

It’s time for college-bound students to ask, “What’s my ROI?”

Aug 3, 2015 | College Planning, News

Gail Buckner, Your Money Matters columnist and financial reporter, is no stranger to reports on sky-rocketing college tuition or the availability of federal student aid. But literally in the middle of her Fox Business story on Friday, it’s as if she shouts out in a...

Student Loans 101: How to avoid FAFSA scams

Aug 3, 2015 | College Planning, Financial Literacy

Scams are everywhere these days. And college finances are a tempting target of unscrupulous companies. Luckily, you can avoid them. Here are some helpful tips: FAFSA is free This is important. FAFSA stands for “FREE Application for Federal Student Aid.” It costs...

Highlights from NASFAA 2015 conference in New Orleans

Jul 24, 2015 | Conference

The National Association of Student Financial Aid Administrators held its annual conference at the Hyatt Regency in New Orleans, bringing together hundreds of financial aid professions from across the country. The four-day conference kicked off on Monday, July 20,...

Student Loans 101: Before starting on your college applications, 5 top tips

Jul 20, 2015 | College Planning, Financial Literacy

Before you pick your college and sign the note on your student loan, you actually have important work to do. Getting prepared early can help inform you to make the best educational choices – including lowering the amount of money you borrow for school. At the...