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Getting Accepted to a U.S. Service Academy

by Sal Allen America has over 12,000 students in attendance at one of the three regular U.S. service academies at any one time. These students (called midshipmen at the U.S. Naval Academy and cadets at both the U.S. Military Academy and the U.S. Air Force Academy),...

Merit, need student or career specific scholarships

Sorting out the confusion… The most common scholarships may be classified as: Merit-based: These awards are based on a student’s athletic, academic, artistic or other abilities, and often factor in an applicant’s community service record and...

[COA-EFC=(NEED/HGP)+(SD)]=TC

I know it looks like some crazy formula created by Einstein, Hawking or Tesla but is actually the formula that you MUST know. If you don’t know this formula and how it relates to each college on your child’s list you will be leaving money on the table. This crazy...

How American is the American Opportunity Tax Credit

Many parents and college students will be able to offset the cost of college over the next two years under the new American Opportunity Tax Credit. This tax credit is part of the American Recovery and Reinvestment Act of 2009 signed by the Obama administration. What...

New Student Loan Rules Will Disappoint Many

A new law will help a lot of struggling students and parents — but others will be very disappointed. The Good, Bad and Ugly of the New Student Loan rules. The Good: undergraduates that are eligible for subsidized loans will note the rates will be a lot lower....

House passes bill to expand college aid for students

The House passes a bill to expand college aid for students, is this a good thing or a ploy to enslave college graduates with billions of dollars of debt? A bill passed by the House of Representatives will increase the maximum Pell Grant by hundreds of dollars but will...