This installment of “Financing College: Where’s the Money?” explores financing college using scholarships and grants, forms of financial aid paid for through state, federal and other programs, which do not require repayment by the college student.
The Education Department said Monday will begin identifying students who burned through federal Pell grants to pay for colleges that closed before they could graduate, with the goal of restoring eligibility for thousands of people.
You've known all along that you'd need to come up with a lot of money to send your child off to college. But only in the midst of your kid's senior year—when you open colleges' financial aid notices—does the harsh reality typically hit, says James C. Lundgren II, an independent college adviser in Encinitas, Calif. "The light bulbs are coming on right about now," he says.
National K-12 and higher ed news came fast and furious this week. Here are our highlights to help you keep on top.
Pell grants are safe but slashed. Other federal grants are going away.