Federal Student Aid Essay

Many students do not know what they are paying for or understand how student loans work, and are not fully aware of available resources. For assistance, most students know to go to financial aid, however “financial aid offices allow students to borrow thousands of dollars with several mouse clicks on online portals” (Farrington). Many students are not properly informed of their options, such as the many scholarships available to them, but simply take only what is shown to them. Easy access to loans is a slippery slope and many students fall into holes that they

Free college tuition is crucial for the millions of students across the country that either cannot afford an education or are struggling with enormous debts. Statistics show that the amount of

Universities used to be a privilege for most academic students to attend and it was very affordable, but currently the price per year to attend college has drastically increased. For instance, in the “1970’s the average cost was 10,000 dollars a year and today the average cost is 30,000 dollars a year” (CQ Researcher). This is a triple increase in the price per year to attend college. Allowing this increase on college tuition has impacted the student’s attendance rate. This is a significant financial burden for college students and their family. Some believe that college shouldn’t be free because we are risking the value of college education, while others think it should be free because we are trying to avoid having our upcoming generation

College is an expensive place for teenagers our age to go, and for just now being an adult they have a lot of responsibility. As a result of this the average class of 2016 graduate has $37,172, in student loan debt, up six percent from last year. I feel like this is too much and that most students need money to pay for books and food and everything else. It is unfair how they need to do such things and do not get money to help them out while doing so.

First off I would like to personally thank you for my financial aid award that I received last year. Both my parents emigrated from Kosovo with no education so I am to pay for college myself; the aid not only gave me peace of mind but paired with scholarships allowed me to go to UCONN for an extremely affordable price. So for that, I thank you. If it wasn’t for the generous financial help of the school I wouldn’t be able to attend UCONN.

While you grow up through school, you hear over and over that college is a must if you want to land a good job as an adult. That seems reasonable, I have to get a higher education to get a job with more money and potential. Then comes junior year and you go to look at schools and you see the price of tuition. Everything changes, college isn’t just a dream anymore it's a burden.

When discussing further education for a high school graduate, attending a university is very costly. The use of federal loans became dependent on most American families that try to provide such an education to their child. Before World War II, academically advanced students from families that were unable to finance college could apply for competitive scholarships; Scholarships mutated into “financial aid” when the GI Bill of Rights financed college for the discharged veterans (Toby, 2010). Since then, student loan debt has surpassed $1 trillion, which is larger than debt accumulated from both credit cards and auto purchases (Student Loan Debt No Longer Just Problem for Borrowers, 2012). With the increasing amount of loans and the uprising cost of college, students fall farther into student debt every year. Whether it is at fault of the university, the poor economy, or the aid programs in general, students should not be required to pay back their federal student loans before finding a steady job in their field of study.

“In a recent poll, up to 15 percent of parents don’t plan to contribute anything to their child’s education. And much more, some 27 percent, believe that students should cover most of the cost on their own.” This quote was from Molly Pennington, Rita Kirshstein, Carrie Hagen, Dawn Papandrea, Vielka Cecilia Hoy, and Kevin Brosnan’s article Paying for College When Your Parents Can’t or Won’t in 2015. There should be an option for these kids whose parents aren’t participating in the college expense so I interviewed Alexis Hurt, a financial assistance counselor at Northwest Missouri State University in Maryville, MO, on October 18, 2016, at 3:30 pm.

Presently, the availability of educational opportunities at the college and university level is a critical state and personal interest given the needs of the state for a well-educated workforce which has never been greater. Too many, the focal point of attending college is receiving a high paying job in the future. Unfortunately, in most states, tuition is on the rise and students who come from low-income families find themselves struggling to fund their education. According to legislatures, “The cost of college in New Jersey, as in the nation, continues to grow faster than the rate of inflation.” (State of New Jersey 1). In the national financial aid policy resources that are typically given to the neediest families are shifting towards

FAFSA: An Essential Application that Requires Substantive Reform The United States Economic Council reports that more than one million students fail to complete the Free Application for Student Aid (FAFSA) each year (2). What about the FAFSA is causing students to not receive aid they need and what can be done about it? It is more important than ever, with an ever increasing number of applicants, that the FAFSA is simple in its completion and accessible, as well as fair, to students that need it.

The Free Application for Federal Student Aid (FAFSA) is the application form that students must complete to qualify for financial aid such as grants, loans and work study. Colleges use the report to determine what aid the student qualifies for in order to put together a financial aid package. President Obama has proposed to join with states to eliminate tuition and fees at community colleges nationwide. The U.S. Department of Education’s National Center for Education Statistics shows that approximately seventy percent of undergraduates received some type of student aid during the 2011-12 academic year. Both Republican and Democratic members of Congress have recently simplified the FAFSA form; it is fairly simple to complete and is available

On a college campus you will find a variety of people, but in this case we are talking about people’s financial status. Ranging from well off to very poor, which brings up the question, “if you are so poor then how are you attending school here”? Very good question, the students that are struggling so hard financially is because they come from middle class families, or what is considered middle class to the state. Middle class students are the students that family’s fall into a spot where they just make enough money that they don’t qualify for financial aid because they can pay their bills on time. This all seems fair enough, you can pay your bills why should the government pay for your college tuition? For most universities after a 4 year degree a student can owe between $60,000- 100,000, not including the

Education and school, these both word always has been the main priorities for all of us. Pursuing the American dream of graduating college can be the best feel ever but it can also cost a price. College tuition is increasing more and more every year due to the fact of the rising economy. With student want to be successful in life they will need an education to a degree, which will land you a decent job in life. The problem is when the cost of gaining that degree outweighs the financial advantage to the career. Many of people are not able to pay for college out of their pocket. The result of this is that students seeking higher education are forced to take out an enormous amount of student loans. College tuition is on the rise, and a lot of students have difficulty paying for their tuitions. To pay for their tuitions, most students have to take out loans and at the end of four years, those students end up in debt. Student loan debts are at an all-time high with so many people graduating from college and having difficulties finding jobs in their career fields. So they have difficulties paying off their student loans and, they also don’t have a full understanding of the term of the loans and their options if they are unable to repay.This means that they are entering the workforce after college already thousands of dollars in debt and under water. I believe that students who borrow money from our government should not pay for their student loans.

Financial aid is money in the form of loans, grants and employment that is available to a student to help pay the cost of attending. Financial aid comes from the federal government, which is the largest provider of aid, as well as state government, the school and a variety of other public and private sources.

Going to school and trying to afford it can be a financially draining experience, and I know that from experience. Our government has made many relevant changes thus far to better support students, but much more can still be done. With rising tuition costs and not enough government aid, more and more students are forced to take out loans in order to pay for continuing education. These loans later become a huge financial burden, some totaling near $30,000. If the dream of a college education is dependent upon access and affordability, how are young people supposed to continue their education and plan a future, when the cost of tuition is through the roof? Because higher education supports our economy, the government should be expected