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Fundamentals of Financial Aid for 2024

Admissions.Blog

If one sentence could sum up the state of financing an American college education in 2024 it would be, “The more things change the more things stay the same.” Students with significant financial need may receive need-based aid in the form of grants, scholarships, work-study programs, and subsidized loans.

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Fast Facts: Financial Aid

BestColleges

85% of full-time, first-year undergraduate students in 2019-2020 were awarded some type of financial aid. [1]. The majority of students awarded financial aid received federal grants. The average federal grant award for undergraduate students has more than doubled to $10,590 in 2022 from $5,190 in 2001. [2].

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Graduate Admissions 101: 6 Types of Financial Aid for Grad Students

Koodoos Learning

Whether you’re in the process of submitting applications or thinking about applying next fall, we’ve put together different types of financial aid that will help you fund your graduate studies. Cost of Attending Grad School Even with financial aid, deciding to go to grad school is a significant investment of your time and money.

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This Philadelphia University Is Offering All Eligible Community College Grads Half-Off Tuition

BestColleges

Drexel University is offering a renewable scholarship to all qualifying community college graduates for 50% off tuition. Originally, the Drexel Promise was open only to New Jersey and Pennsylvania community college graduates. Drexel University is offering graduates from accredited U.S. community colleges 50% off tuition.

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Guide to Financial Aid Letters + Examples

StandOut College Prep

Congratulations on receiving your financial aid award letter! No matter where you are heading, your financial aid award letter is a crucial document that can make or break your decision to attend a particular college or university. So, let’s dive in and explore the different parts of your financial aid award letter!

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‘It Depends’: Responding to Common Financial Aid Questions

Admitted

iStock Students, parents, and guardians regularly ask questions about the financial aid process. Those questions begin as families work to complete the FAFSA for the first time and continue for the entire time a student is enrolled in college. Student: OK, when I turn all of this in, I’m done, right?

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‘It Depends’: Responding to Common Financial Aid Questions

Admitted

Students, parents, and guardians regularly ask questions about the financial aid process. Those questions begin as families work to complete the FAFSA for the first time and continue for the entire time a student is enrolled in college. Student: OK, when I turn all of this in, I’m done, right?