Fin Aid Case Study

Monetary investment for college is a huge contributing factor into the argument of why many individuals should not go to college. They simply cannot afford it. Their parents cannot help them pay for college, they didn’t receive financial aid, or they cannot support the financial burden themselves. Financial aid is very helpful when I comes to diminishing the cost of college. However, this doesn’t help all the time. I have a friend who

To begin, earning a college degree should be based on a students intellectual ability to complete the curriculum not their ability to meet financial guidelines. Most colleges say that they accept students who have a two point zero grade point average or higher, standard SAT and ACT scores, and the twenty four credits needed to graduate, but once a student meets all the qualifications they are still turned down due to the fact that they are unable to pay the cost that is needed for college. Students unable to meet federal guidelines in order to receive financial aid also may not qualify for income based scholarships. In America the cost of living and tuition has increased while the average household income

aid is available for students seeking college education, some of those students will not all qualify

Students should have easier outlets for finding scholarships to help pay for things that their financial aid might not cover. Many people think that scholarships aren’t for them because they aren’t super smart or very poor, but that’s just not true. There are tons of scholarships out there for different types of students. To fix these problems scholarships should be more advertised and not just something you find out about by doing tons of research on the web. Another thing that would help would be making it easier to attain the qualifications for loan forgiveness. For example, teachers that get jobs in low paying districts for five consecutive years their loans are forgiven but five years could be too long especially if they have a family they have to support also. By loosening the criteria for loan forgiveness students would be able to go further in their schooling promoting creativity. With college becoming more of a priority in our culture something needs to be done to change how students can pay for

The U.S. government has created a new strategy to make colleges more affordable for low income students. Federal student aid’s primary goal is to help as many students attend college as possible. Financial aid and Pell Grants help low income students who meet certain academic criteria cover the costs of tuition. Low income students are getting a chance to attend college and increase graduation rates from four-year institutions to help close the poverty gap. Colleges and universities should make low income high school students aware of programs that will help them enroll and afford their education. Schools teach low income students that college is a key to their financial independence and a better life. High schools teach Seniors that in order to improve your social standing, employment options and salary expectations, a college education is often necessary. Financial aid is central to the successful enrollment and retention of low-income students. The majority of these students (90 percent) getting financial assistance from government. By maximizing Pell grant award amounts for low-income students, reforming the student loan program, and eliminating bank subsidies, colleges and universities can be affordable.

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

There are many students who feel that furthering their education would be impossible because without financial aid they are unable to afford it. With the DREAM Act, these

and by accepting and receiving a closed school loan discharge, I have no further obligation to repay the loan, and I will receive a reimbursement of payments made voluntarily or through forced collection, and the discharge will be reported to credit bureaus so as to delete any adverse credit history associated with the loan.

The change project paper will discuss the problem with identifying and retrieving all financial aid transcripts from previously attended institutions without interfering with a student’s ability to focus on their studies. There is certainly already many issues with the complexity of requirements student’s face when preparing to attend college. The Free Application for Federal Student Aid (FAFSA) is a 10-page application that collects personal and financial information on the student(s) and their family. Once the school receives, the application there is possibly another round of collecting data and information. Stratford (2014) stated the following;

This topic is important because college tuition is increasing all over the United States and it can also affect our future. There are many people who can’t go to the college just because they can’t afford to pay thousands of dollars every semester. Many students do started to drop out partway through their college education. The most scholarships does not cover the whole tuition cost and one must have to be really smart in order to receive one.

I agree with you 100%. The enrollment and financial aid process was a little annoying. When I would ask my advisor, she couldn't really help me. When I called into financial aid sometimes I would get voice mails. I think adding more stuff would help. I mean there are a lot of students. A couple of times no one even called me back and I had to kept calling till I got someone!

Please accept my apology for any confusion created by the incongruence in rules administered by HR and Financial Aid. The overriding issue here is the restriction placed on college work study employees that restricts them to one job. While you were advised that Mr. Guidry would be allowed to work as a student worker and adjunct, he is not allowed under federal financial aid rules to work another on campus job in addition to his work study position. It is my understanding that Mr. Guidry would jeopardize his financial aid award if he were to continue working both positions. Unfortunately this is not a simple matter of giving him permission to work both jobs. For clarification, there is a distinction between the student work and college work

Finally, the most difficult challenge students face in college is a financial hardship. Many students come from various walks of life and sometimes determining one’s financial capability to offset college costs during the early stages of can be problematic. Some students come from well to do families who have a tremendous capacity to pay full tuition without external assistance. These particular students do not require financial aid or scholarships, as they can meet the institution’s financial requirement regardless of what level in college they may fall under as the source of wealth is derived from the family or families. Other students, however, come from impoverished families whom solely depend on financial aid and work full time or part time

In addition to my experience in advising and student affairs, I have also worked as a professional in financial aid for the past eight years. During my time in financial aid I have seen first-hand the challenges students face with the cost of obtaining a higher education degree. My role in financial aid has evolved over my career while exploring the theoretical

While there are many problems college students’ face while attempting to obtain a degree, the largest hindrance from completion is that of financial ability. One of the largest contributors to college dropout rates is the lack of financial support. Many college students must work either full or part time to support themselves or their families. With the declining economy and increasing costs of college tuition, funds are being scarcely distributed and many college students find that they are unable to continue their education due of this.