article thumbnail

Fundamentals of Financial Aid for 2024

Admissions.Blog

Let’s dive into some definitions and discuss fundamental financial aid terminology while introducing what’s new this aid cycle so you can successfully navigate the process of funding an undergraduate education as we approach 2024. Merit-based aid is often provided in the form of scholarships and grants.

article thumbnail

How does Financial Aid Work?

Solomon Admissions

Simply put, financial aid is money that helps you pay for college. For many students, financial aid is essential to making college affordable. An important key to understanding financial aid is to recognize the vernacular used by colleges, admission and financial aid officers, and financial aid award letters.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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!

article thumbnail

California State University to Expand Grants to Cover Tuition and Living Expenses

BestColleges

California State University trustees voted to expand grants to include the full price of tuition, plus additional living expenses. The university system committed to setting aside one-third of additional tuition revenue for financial aid. Almost nine out of 10 students get some sort of tuition grant, but it’s other costs."

Grants 52
article thumbnail

What Drives Graduate Student Enrollment Decisions?

Ruffaloni

This table reflects the percentage of students who said each factor was important or very important to them: Importance Factors in Enrollment Decisions Importance (Important and Very Important) Factor Not yet enrolled Enrolled Cost 77% 79% Future employment opportunities 70% 78% Flexible course options (online, evening, weekend, etc.)

article thumbnail

La Familia: Five Ways Institutions Can Support Hispanic Families  

Ruffaloni

According to our 2022 Marketing and Recruitment Practices for Undergraduate Students, only 31 percent of private, 56 percent of public, and 32 percent of two-year institutions have specific strategies for recruiting and engaging Hispanic students.

article thumbnail

Scholarships to NYU

StandOut College Prep

According to NYU, approximately 46% of incoming first year students receive a scholarship, and nearly 20% are awarded financial aid to make the cost more affordable. However, NYU does offer a range of financial aid options, including scholarships, grants, loans, and work-study programs, to help students afford their education.