Admissions Village
JULY 22, 2024
Since 2019, low-income applicants have increased at nearly three times the rate of higher-income applicants, but they are still underrepresented in the applicant pool (source Common App Deadline Update March 2024). In July 2022, Bowdoin became need-blind for international applicants, and they also use grants, not loans, to meet need.
BestColleges
FEBRUARY 23, 2024
.” The plan would offer debt relief to borrowers with an 80% chance or higher to default on their loans soon. ” ED this week met with higher education stakeholders to discuss potential relief for this group of student loan borrowers. It also promises to create an application process for ongoing debt forgiveness.
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Admissions Village
APRIL 19, 2023
Some colleges have added a “no loan” feature for students whose families fall below certain income brackets. The number of distinct applicants residing outside the United States increased at nearly triple the rate of applicants in the United States since 2019-20 (45% versus 17%). These efforts are transforming applicant pools.
Admitted
OCTOBER 10, 2023
1] This preliminary analysis is part of a forthcoming study using the recently released 2019-2020 National Postsecondary Student Aid Study (NPSAS:20). Oftentimes low-income students rely on loans they are stuck paying back over many years, even decades. 3] Source: Unless otherwise noted, all data used in the study are from the U.S.
EAB
SEPTEMBER 26, 2023
Blogs Your student loan payments are due: 3 strategies to support community college students’ financial wellness When I think back to my time in college, student loans were something that nearly everyone had, but not something any of us fully understood. Specifically, we weren’t educated on how to repay them.
AdmissionSight
FEBRUARY 22, 2025
Need-based loans are capped at $4,500/year for Virginians and $7,000/year for out-of-state students. Example: A student from a low-income family (~$25K/year) may receive up to $34,986 in grants, with work-study and minimal loans. The men’s basketball team won the 2019 NCAA National Championship.
BestColleges
FEBRUARY 6, 2023
Nearly two-thirds of for-profit grads and 78% of noncompleting students report having difficulty paying off student loans to pay for college. A large percentage of for-profit students rely on student loans to pay for college: 60%. And 63% of grads and 78% of noncompleting students say it's difficult to pay their student loans.
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