Posted by: emapey | October 24, 2008

Financial Aid for Adults Going Back to School

Returning to school often involves financial sacrifices, but there are ways to lessen the bite. Personal savings, financial aid, private loans, and employer-funded tuition may be available to you, and education tax credits and deductions can help you out at tax time.
Read: 360 Degrees of Financial Literacy

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Responses

  1. This is good information. I especially like how the article mentions financial aid “professional judgment”. Financial aid is normally based on the income from the previous tax year (when returning adult students were employed), but college financial aid administrators can use “professional judgment” to use the student’s “expected year income” (when they are unemployed or less-employed) to recalculate their expected family contribution and financial aid award. Good article.


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