Showing posts with label Financial Aid. Show all posts
Showing posts with label Financial Aid. Show all posts

Monday, February 1, 2010

QuestBridge Scholarships for Juniors


QuestBridge Scholarships

QuestBridge is a scholarship program that seeks to award college scholarships to high school juniors who have a strong academic record and an annual household income of less than $60,000. Many past award recipients have also been part of the first generation in their family to attend college. Scholarships are open to all qualified students, regardless of race or ethnicity.” The application deadline is March 29, 2010.

As this scholarship opportunity would be perfect for our AVID students.  The link to their website with more information is www.questbridge.org .  We strongly encourage junior-year AVID students to apply.

Friday, January 15, 2010

College Applications Rise, But Budget Cuts Cap Enrollment

College Applications Rise, But Budget Cuts Cap Enrollment
USATODAY, By Terence Chea, The Associated Press

SAN FRANCISCO — College applicants are facing one of the toughest years ever to gain admission to the nation's public colleges and universities as schools grapple with deep budget cuts and record numbers of applications.
As cash-poor state governments slash budgets, colleges are capping or cutting enrollment despite a surge in applications from high school seniors, community college students and unemployed workers returning to school.
BEST VALUE COLLEGES: Top 100 for 2010
The increased competition means more students will be turned away, forced to attend pricier private institutions or shut out of college altogether.

Wilson Liang, a senior at San Francisco's Galileo Academy of Science and Technology, said he worries that enrollment cuts at the University of California will freeze him out of its flagship Berkeley campus.
"I know the competition is very high," said the 17-year-old Liang, who would be the first person in his family to attend college. "There are a lot of smart people out there."

Colleges that previously accepted all qualified students are becoming selective, while selective schools are becoming more so. Most community colleges have open-access policies, but demand for classes is so intense that many students can't get the courses they need.

"We're hearing a lot of panic," said Gerna Benz, a partner at California San Francisco Bay Area College Planning Specialists. Benz said business at his Oakland-based college counseling firm has tripled over the past year.
Benz is encouraging more families to consider private colleges, which may be more expensive but offer less crowded classes and the chance to graduate in four years, which is becoming a rarity at many public colleges.
Applications to private colleges are holding steady, while public universities around the country are seeing record demand as cost-conscious families look for good value, said Barmak Nassirian, associate executive director of the American Association of Collegiate Registrars and Admissions Officers.

Low-income, minority students could face the roughest road to admission because they often can't afford private colleges and don't have the resources or academic credentials to compete with students from wealthier families and better high schools, he said.

The enrollment caps could also threaten President Barack Obama's goal of making the U.S. the leader in college attainment by 2020 and undermine the nation's economic competitiveness, college officials say.

"We're reducing enrollment when we should be increasing it," said Scott Lay, president of the Community College League of California. Experts say states should increase access to college during a recession so that unemployed workers can train for new jobs.

The University of Florida, which has about 35,000 undergraduates, is seeking to reduce enrollment by 4,000 students by 2012, said spokeswoman Janine Sikes.

The chancellor of the Nevada System of Higher Education, which has 114,000 students, recently told its Board of Trustees it must consider capping enrollment for the first time.

"If you enroll someone and don't give that individual a reasonable path to a degree or certificate in a reasonable amount of time, what kind of access is that?" said Chancellor Dan Klaich.

Competition is particularly intense in California, where public universities are dealing with huge cuts in state support that have led to sharp tuition increases, faculty furloughs, course cutbacks and student protests. The state's 110 community colleges are struggling to accommodate a record 2.9 million students.
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San Jose State University, which had 33,000 students in fall 2008, reduced enrollment by 3,000 last year and expects to cut an additional 2,500 students this year. The campus had to turn away 8,700 qualified applicants last year and expects to reject even more this year, said spokeswoman Pat Lopes Harris.
After five semesters of community college, Formekia Chinn had planned to transfer from Mission College in Santa Clara to San Jose State this month, but the CSU campus closed spring admissions. Her financial aid has run out, so she must find a job until she can start classes this fall — if she's accepted.

"It's very discouraging," said the 30-year-old single mom. "Who knows what's going to come up? I'm worried something else is going to go wrong."

Wednesday, March 4, 2009

Financial Aid Even at AHS - Thursday, March 26 7 pm.


College Financial Aid Event: Due to an overwhelming response to the first financial aid event hosted in January, the Humble ISD Student Support Services Department will host a second College Financial Aid Event for high school junior and senior students and their parents on Thursday, March 26, 2009, from 7 to 9 p.m. at the Atascocita High School Performing Arts Center, 13300 Will Clayton Parkway. The evening will include an overview of college financial aid, the opportunity to complete the on-line Free Application For Federal Student Aid (FAFSA) and the chance to speak to financial aid representatives from several universities including Texas Tech University, Texas A&M University, Sam Houston State University, Lonestar College Kingwood and possibly the University of Texas and the University of Houston. Sam Houston State University will have a mobile enrollment center available to provide additional on-line assistance. Please join us for this informative meeting to help students and parents gain a better understanding of college financial aid. For more information or for questions, please call 281-641-8405.

Monday, March 2, 2009

Private Houston Schools Making Recession Decisions


According to this Houston Chronicle article, Private Houston colleges taking steps to ward off recession, schools are making some serious changes. Here are a few:
HERE’S WHAT SCHOOLS ARE DOING

Private universities across Texas are coping with the recession in various ways. Here are steps some schools are taking:

Rice University: Will cut next year’s operating budget by 5 percent, while increasing financial aid. Hasn’t announced 2009-10 tuition.

Houston Baptist University: Will cut 10 percent of faculty. Applications and requests for financial aid both up. Tuition for next year up 6.2 percent.

University of St. Thomas: Will cut next year’s budget by an undetermined amount. Will add at least $250,000 to next year’s financial aid budget. Tuition for next year up 6.2 percent.

Baylor University: Applications up, but acceptance rates expected to drop. Tuition for next year up 7 percent.

Southern Methodist University: Will cut next year’s operating budget by 5 percent. Tuition for next year up 6 percent.

Texas Christian University: Will cut next year’s operating budget by 8 percent. Financial aid budget increased by 5 percent for 2009-10. Tuition for next year up 5 percent.
Is a smaller private school an option for you? According to the article be careful about deciding no too quickly:
“Without financial aid, I wouldn’t be here,” said Tammy Vo, a freshman at the University of St. Thomas.

Vo graduated from DeBakey High School in Houston last spring and applied to universities in and outside of Texas. She said the University of St. Thomas, a Catholic college in the Montrose area, proved a better deal than most public schools.

Private schools are making that argument more often in light of rising unemployment and a weak stock market.

“If you look at the sticker price, people say, ‘I can’t afford this,’ ” said Scott Moore, dean of scholarships and financial aid at the University of St. Thomas. “But you have to look at the sticker with the package you receive.”
The financial aid package is what matters. Not just the sticker price of tuition, room and board. What are those smaller private schools willing to give you? It may be increasing in this poor economy.

Some smaller and private Houston Colleges:
Houston Baptist University
Rice University
University of St. Thomas Houston

Wednesday, July 30, 2008

Student Loan Crisis?

This is a little scary in the news:

Is Your Student Loan Safe?
Students Scramble to Secure New Loans as Dozens of Lenders Drop Out
Texas A&M University financial aid director Delisa Falks said that in the last few days, the university has heard from seven different lenders saying they could no longer provide federally guaranteed loans.

It's a problem that has been ongoing nationwide for months, leaving many students with fewer options for financing their college educations.
The economy has not been good lately. We have been in the middle of a mortgage (house payments) and bank crisis. So that has an impact on student loans.
Student loan companies traditionally raise capital by selling bonds, but as a fallout from the subprime housing meltdown continues to shake the country's financial sector, investors have become wary about putting their money into student loans.
I don't even understand all the fancy economic lingo, but what matters to you is that at this time there is less money available for students. Hopefully the economy will get better in the next year and prospects will improve.