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October 12, 2008 2:35:19 AM CDT

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Stories related to: financial aid

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11 Stories

  • August 2008

    • More Students Are Seeking Financial Aid

      San Francisco Chronicle  |  Aug 11, 08 12:10 PM CDT

      More Students Are Seeking Financial Aid

      (Newser) - A soaring number of students are requesting financial aid as a result of the country’s economic downturn, the San Francisco Chronicle reports. Some 8.9 million students filed for federal aid in the first half of this year—up 16.3% from last year. Many public universities are struggling to keep up with the increase, in turn forcing more students to look to loans. More »

      Tags

      college  • university  • student loans  • financial aid

  • July 2008

    • Textbook Revolution? Free and Paperless

      Time  |  Jul 17, 08 4:32 PM CDT

      Textbook Revolution? Free and Paperless

      (Newser) - The hefty cost of university textbooks now averages $900 per student each year, and financial aid can't be counted on to cover the expense. But starting in September, one publisher will be offering its textbooks online—for free, Time reports. "Nobody's satisfied with the status quo," said the founder of Flat World, a start-up with plans to shake up the $5.5 billion industry. More »

      Tags

      book  • college  • publishing  • college student  • financial aid  • online learning

  • April 2008

    • McCain Pitches 'Gas Tax Holiday,' Drug, Pork Limits

      Pittsburgh Post-Gazette  |  Apr 15, 08 12:50 PM CDT

      McCain Pitches 'Gas Tax Holiday,' Drug, Pork Limits

      (Newser) - John McCain used a tax day appearance to propose a summer “gas tax holiday,” calling his plan to suspend the 18-cent levy “an immediate economic stimulus.” Among other economic initiatives the candidate outlined today were upping prescription drug premiums for wealthy retirees, declaring a moratorium on discretionary spending, and protecting college students' financial aid, the Pittsburgh Post-Gazette reports. More »

      Tags

      John McCain  • prescription drugs  • economic stimulus  • pork barrel spending  • financial aid  • gas tax

  • March 2008

    • Ivy Aid May Hit 2nd-Tier Schools

      Newsweek  |  Mar 5, 08 12:35 PM CST

      Ivy Aid May Hit 2nd-Tier Schools

      (Newser) - It’s easy to applaud the generosity the Ivy League is lavishing on the middle class, but it could have unintended consequences, Newsweek notes. Second-tier schools and elite public universities rely on the highly talented middle-class kids Harvard and company are targeting. “Schools compete hard for those students,” said Colgate’s VP of finances. But Colgate’s $700 million can’t compete with Harvard’s $34 billion war chest. More »

      Tags

      Harvard  • higher education  • Ivy League  • endowment  • middle class  • financial aid  • Colgate University

  • February 2008
  • January 2008

    • Prep Schools' Endowments Skyrocket

      New York Times  |  Jan 26, 08 1:15 PM CST

      Prep Schools' Endowments Skyrocket

      (Newser) - Endowments at the nation’s elite prep schools have exploded over the past decade, mirroring the trend at top colleges, reports the New York Times . America’s older schools have fared best: the endowment of Phillips Exeter Academy in NH has broken $1 billion, double its amount in 2002, while Phillips Academy in Andover holds more than $800 million. More »

      Tags

      wealth  • endowment  • financial aid  • private schools  • prep schools

    • College Coffers Surging

      USA Today  |  Jan 24, 08 7:05 PM CST

      College Coffers Surging

      (Newser) - Riding high on investment growth, a record number of higher-education institutions claimed endowment assets of more than $1 billion last year, USA Today reports. With the average endowment fetching a 17.2% rate of return, it isn’t hard to see why a study by a college business non-profit found the number of schools in the billion-plus club grew to 76. More »

      Tags

      Harvard  • endowment  • financial aid

    • Yale Joins Financial Aid Parade

      Yale Daily News  |  Jan 14, 08 4:55 PM CST

      Yale Joins Financial Aid Parade

      (Newser) - Yale will greatly increase its financial aid offerings in a plan similar to the one Harvard unveiled last month, the Yale Daily News reports. Families making between $120,000 and $200,000 ($20,000 more than Harvard's cut-off) annually will pay tuition of around 10% of income, and those earning $60,000 to $120,000 will pay a lower percentage. Kids whose family income is lower get a free ride. More »

      Tags

      Harvard  • Yale University  • financial aid

    • Yale Ups Endowment Spending

      Yale Daily News  |  Jan 8, 08 8:46 AM CST

      Yale Ups Endowment Spending

      (Newser) - Yale will significantly increase spending from its $22.5 billion endowment next year—providing more financial aid and launching new research. The university will draw $1.15 billion from its endowment compared with $843 million last year. The decision comes after Yale and other top universities were criticized for sitting on their enormous wealth, reports the Yale Daily News . More »

      Tags

      Yale University  • Ivy League  • endowment  • financial aid  • Senate Finance Committee  • Chuck Grassley  • Richard Levin

  • December 2007

    • Harvard Offers Middle-Class Parents Help*

      Boston Globe  |  Dec 31, 07 3:20 PM CST

      Harvard Offers Middle-Class Parents Help*

      (Newser) - Generosity isn't what's fueling Harvard’s new $22 million giveaway to the middle class—it’s greed, educational consultant Steven Roy Goodman writes in the Boston Globe. Harvard’s giving the extra financial aid as a PR move, hoping to squash brewing legislation that would force universities to spend 5% of their endowments each year. Because Harvard has $35 billion squirreled away, that would amount to $1.75 billion. More »

      Tags

      Harvard  • higher education  • colleges and universities  • Ivy League  • endowment  • nonprofit  • financial aid  • college tuition

    • Harvard Steps Up Financial Aid

      Boston Globe  |  Dec 10, 07 5:07 PM CST

      Harvard Steps Up Financial Aid

      (Newser) - Harvard is rolling out a new financial aid initiative intended to assist more affluent families after a series of measures designed to help lower-income students. Families making more than $180,000 a year will pay significantly less under the new rules, the Boston Globe reports, and students will no longer be expected to take out loans as part of their aid packages. More »

      Tags

      Harvard  • financial aid

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