Knowledge Bound: The RSC Blog
Visit us from time to time for news analysis, editorials and facts about education and financial aid.
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Posted on Sep 13, 2012 - 06:00 AM
| Financial Aid
| Comments (0) Financial Aid Facts Show the Importance of College Prep Do you wish you had more information on financial aid? If, so, you’re not alone: 56% of parents with students interested in college wish they had more information on financial aid. We can believe it. Our families come in with all sorts of questions, which is why we have two handbooks, several videos, and an entire department devoted to helping students get better financial aid. Financial Aid Facts Here’s one financial aid fact you should find astounding: 29% of low-income families don’t even file for financia... More
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Posted on Sep 03, 2012 - 06:00 AM | Financial Aid | Comments (0) This is the seventh and final post in a series of articles examining the impact the high cost of college and the student loan crisis are having on families. RSC Your College Prep Expert is dedicated to making college affordable to all families. See how we do it here. Why one person reached out to help others get the best financial aid possible instead of walking away. Twenty years ago, the sister-in-law of RSC founder Larry Schechter failed to complete her financial aid paperwork on time and received no aid her sophomore year of college. After hearing this, Larry, already a s... More
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Posted on Aug 03, 2012 - 06:00 AM | Financial Aid | Comments (0) If someone walked up to you on the street and asked you to spend $100,000 on a purchase and told you that you couldn’t have accurate financial advice, you’d say no. Who spends that kind of money without proper guidance? The same goes for other expensive purchases, like a home. You get advice from a realtor and a banker. People even seek financial help for smaller purchases like cars, vacations and medical procedures. So why are they so reluctant to do it for college, an expense that often exceeds $100,000? Difficulties in Getting Good Financial Aid Advice... More
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Posted on Jul 30, 2012 - 06:00 AM | Financial Aid | Comments (0) This is the second in a series of articles examining the impact the high cost of college and the student loan crisis are having on families. RSC Your College Prep Expert is dedicated to making college affordable to all families. See how we do it here. Jeremy’s family was counting on scholarships and some good grant money to meet their son’s $55,000-a-year tuition at one of New York’s top private colleges. First, the good news: That private school offered him a remarkable $12,000 scholarship (the good kind; see below)*. Now, the bad news: even with his grant m... More
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Posted on Jul 20, 2012 - 06:00 AM | Financial Aid | Comments (0) “It pays to plan ahead. It wasn’t raining when Noah built the ark.” When many families think about financial aid, they often think about scholarships from local organizations or national contests that pay some of their college bills, but the system is much more complex than that. It takes good college prep to get great financial aid. “Merit depends on the result of the work.” – Henry Sienkiewicz Let’s start with merit-based aid. This aid can come from a variety of sources, but the best gift aid comes directly from colleges. I... More
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Posted on Jun 29, 2012 - 06:00 AM | Financial Aid | Comments (0) If you were told that Abraham Lincoln couldn’t keep the United States from falling into civil war, didn’t want to free the slaves, created the country’s first income tax and suspended the writ of habeas corpus, you wouldn’t think he was our best president. But he was. In other words, it’s difficult to make the right decision without all the information. The lack of good information is also driving up the cost of college. Families often get only one side of the argument. Bad Information Affecting the Cost of College &mid... More
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