More states are requiring it, and students who complete the form are more likely to attend college — especial low-income pupils, says a group that promotes college education. Source: NYT > Business – Ann Carrns
It’s Almost ‘529 Day,’ and States Say Don’t Forget This College Savings Gift
The number of 529 accounts has grown in the past few years. But most people still haven’t heard of the plans or know about their tax benefits, research shows. Source: NYT > Business – Ann Carrns
Your Money Adviser: Interest Rates on New Federal Student Loans Will Dip Slightly
The rates, which will take effect on July 1, won’t make a big difference in monthly payments. But given the cost of college, one expert says, “this is a bit of good news.” Source: NYT > Business – ANN CARRNS
Your Money Adviser: As College Debt Rises, So Does Interest in Teaching Financial Literacy
Just 17 states require high school students to complete a personal finance course. But more states may soon join them. Source: NYT > Business – ANN CARRNS
Your Money Adviser: Before Deciding on a College, Look Closely at the Financial Aid Letter
Schools are not required to use the same terminology in their offers. And an “award” could mean a grant — or a loan. “Celebrate,” one expert says. “Then, decide.” Source: NYT > Business – ANN CARRNS