Student Financial Aid News

From Inside Higher Ed:

To no one’s surprise, tuition is up this year, with the largest percentage increases coming at public institutions that face significant cuts in state appropriations.

The College Board released its annual studies on tuition and financial aid trends Tuesday, and tried to put a non-alarmist spin on numbers that are scary to many students and their families. For instance, board officials noted that, after adjusting for inflation, the average net price paid for tuition and fees by public four-year college students is lower in 2009-10 than it was five years ago. But whether those figures will comfort parents writing checks — or legislators hearing complaints from those parents — is doubtful.

Commentary

The story reveals that college costs are up at four year public schools by 6.4%, much more than double inflation. Is anyone surprised by this? I doubt it. Also in the report, there’s news about moving away from private student loans as credit tightened.

These trends of schools raising tuition at high rates year after year will not abate in good times or bad. Make sure you continue to hunt for scholarships and examine all of your student loan options.

Scholarship Update

Scholarships are awarded by EREF to recognize excellence in master’s, doctoral or post-doctoral waste management research and education. Awards to doctoral students are given in memory of Francois Fiessinger, P.E., Ph.D., a graduate of Rutgers University, who was a founding director of the foundation; and by the Environmental Research and Education Foundation. Awards to master’s students are given by Robert P. Stearns, P.E., DEE/SCS Engineers, former Chairman of EREF; and by Robert J. Riethmiller/PTR Baler and Compactor, current Chairman of the Scholarship Committee.

Details at our free college scholarship search site.

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