financial aid, questions & answers

How to Raise Money for College Tuition

By College Raptor StaffLast updated on January 24, 2023

Are you worried about being able to afford your college tuition this fall? You’re definitely not alone, and there are actions you can take to try to make it a bit more affordable. To raise money for college tuition, aim to create a budget and plan for improving your finances. This could include completing your …

financial advice & planning

What is “Credit Card Education” for Young Adults?

By College Raptor StaffLast updated on January 24, 2023

Getting your own credit card is one of many thrills of entering the age of adulthood. That’s when you turn 18 years of age in some states and 21 years in others. Having a credit card increases your purchasing power and gives you the opportunity to building your credit score. Yet, using your credit card …

financial aid

What Are The Basic Eligibility Criteria For Federal Financial Aid?

By College Raptor StaffLast updated on January 24, 2023

Federal financial aid refers to funding offered by the federal government. It includes grants, work-study, and various types of student loans. All of these help to lower the cost of college considerably. What Are The Eligibility Criteria For Getting Federal Financial Aid? Basic eligibility criteria for federal financial aid include the following: Be a U.S. …

financial advice & planning, questions & answers

Are College Scholarships Taxable?

By Hilary CairnsLast updated on January 24, 2023

You’ve won a scholarship – congratulations! Now you may have a nagging worry in the back of your mind – is this award taxable? In most cases, the answer is, “No, scholarships are not taxable.” However, there are exceptions. Here’s what you need to know about taxes and awards for your educational future. Are College …

financial advice & planning

The Basics of Credit

By College Raptor StaffLast updated on January 24, 2023

Credit is an integral part of building a solid financial future. It determines your ability to get a line of credit in the form of credit cards and loans. It also impacts the cost of borrowing. While good credit can make borrowing a breeze, bad credit can severely restrict your options. Understanding the basics of …

financial advice & planning

Roth vs. 529 – Which Is Better?

By College Raptor StaffLast updated on January 24, 2023

Roth IRAs and 529s are two types of tax-friendly accounts that can help families save for college tuition. As with any other type of saving program, neither one is best for all families, and both offer great benefits. Each has its own downsides too. Understanding the fundamentals of Roth vs. 529 can help you decide …

financial advice & planning

Should You Have a Credit Card in College?

By College Raptor StaffLast updated on May 22, 2023

Using a credit card in college has a lot of benefits, from everyday convenience to peace of mind in emergencies and most significant of all, the opportunity to build credit. So, should you have a credit card in college? You should consider getting a credit card in college if you’re sure you’ll use the card …

financial advice & planning

5 Ways To Save for College

By College Raptor StaffLast updated on January 24, 2023

Open a 529 Put Money into a Custodial Account Open a Coverdell Education Savings Account Start a Roth IRA Open a Traditional Savings Account College tuition is frightfully expensive and out of reach for most families in America. What’s worse is that the fees keep increasing every year. Most families take on thousands of dollars …

financial advice & planning, student loans

Student Loan Payments Paused Until May 01, 2022 – Should You Pay Anyway?

By College Raptor StaffLast updated on March 29, 2023

There are some compelling benefits to making federal student loan payments even though the pause has been extended. However, this may not necessarily be the best option for everyone. Whether you should pay or not depends largely on your financial circumstances. The student loan pause or forbearance was initiated by the federal government in 2020 …

financial aid, scholarships

Financial Aid for Students with Disabilities

By Hilary CairnsLast updated on August 22, 2023

Did you know there are specific financial aid programs for students with disabilities? You may qualify for federal aid, scholarships, state assistance, or additional school aid. See what options could be available to you below. Federal Aid There are several options for financial aid for those with disabilities from the government. One you can apply …