National Health Service Corps’ Post

Are we sure that this year's FAFSA faceplant is really the primary reason we are seeing distrust in the public financial aid system bubbling up all across the country? Or maybe it's just exposing a distrust that has been bubbling up for a while now? The conventional wisdom telling consumers to, FIRST, apply to colleges for admission, and SECOND, apply for financial aid to pay for college, plunges many into a black hole of debt, despair, and - even if they enroll in college somewhere - ultimately drop out due because the amount they are being asked to pay is far more than the amount they have to pay. Fix the system. Price needs to be the first thing to solve, not the last thing to duck tape together. https://lnkd.in/gaqXsnnB

🎓 Facing college expenses soon? Whether you started saving early or need a plan now, St. Michael's Credit Union can help. Our college savings plans and financing options are designed to support your child's educational journey every step of the way. Let's make sure their college future is bright. Let’s start planning today! #EducationSavings #CollegeFund

🎓 Advocacy in Action: Today, Ben Mitchell (Foundation for Tacoma Students), Fahren Johnson (School’s Out Washington), and Isha Hussein (Seeds of Peace) testified in support of Senate Bill 5904, a pivotal move to extend financial aid program eligibility. 🔍 Understanding SB-5904: The Problem: Students, especially from low- and middle-income backgrounds, face challenges due to inconsistent state and federal financial aid policies. Varied time limits for aid, often shorter than federal standards, can lead to students exhausting their resources prematurely. The Solution: SB-5904 aims to align eligibility timeframes across both state and federal programs, offering a more uniform safety net. This could lead to reduced student loan debt, easier access to basic needs, streamlined graduation paths, and more students completing their degrees or credentials. How It Works: Under SB-5904, eligibility for state programs like the Washington College Grant, College Bound Scholarship, and Passport to Careers will match the federal timeline, extending to 18 full-time academic quarters, in line with the federal Pell Grant. ✨ Kudos to the advocates of SB-5904 for championing a bill that promises to simplify financial aid, diminish confusion, and ensure fairness in educational opportunities. A significant step towards educational equity! #EducationPolicy #WALeg

A tad late in the day, but here's the updated list of colleges and universities that have extended their deposit deadlines for admitted students. https://lnkd.in/este2tgR #collegeadmissions #highschoolseniors #parents #guardians #highschoolcounselors

Saving for college can be daunting, but did you know that an IUL can help? COMMENT "COLLEGE" it could use an IUL with a 7% average return to save for his child's education. #iul #collegeplanning #savings #retirementplanning #taxfree #cashvalue #compoundinterest

National Higher Education Day: Financial Planning for Your Child's College Education On National Higher Education Day, we recognize the importance of planning for your child's college education. As a parent, there are several key steps you can take to ensure you're financially prepared: - Apply Early: Many scholarships and grants are awarded on a first-come, first-served basis. - Explore All Funding Sources: Look for awards online, through colleges, affinity groups, and civic organizations. - Leverage 529 Plans: Contributions and earnings can be used tax-free for qualified education expenses. - Consider Military Options: ROTC programs can cover most college expenses in exchange for service. - Evaluate Loan Options: Prioritize federal loans like Direct Subsidized and Unsubsidized Loans over private loans. - Maximize Tax Benefits: Utilize education tax credits like the American Opportunity Tax Credit and the Lifetime Learning Tax Credit. - Seek Financial Aid Guidance: Contact schools to determine required financial aid forms and get help estimating your Student Aid Index (SAI). Investing in your child's education is one of the best decisions you can make. Contact Prime Portfolio Planning for a no-fee consultation to discuss the best strategies for funding your child’s college education. #HigherEducationDay #FinancialPlanning #CollegeFunding #PrimePortfolioPlanning

NEW BLOG | Recent private school closures have led to thousands of Student Tuition Recovery Fund (STRF) claims in California and millions of dollars in payouts. The result is a significant depletion of STRF’s reserve funds, jeopardizing critical protections for CA students. Our blog offers recommendations for CA policymakers to better safeguard STRF. https://buff.ly/3YGX14B

Federal and state investments in student financial aid remain critical for expanding access to postsecondary education and nurturing talents to meet the workforce’s demand. In the recent annual Varying Degrees survey conducted by New America, most Americans (80%) agreed on increasing federal Pell Grants and state need-based grants so that students with the greatest financial need receive more grant-based assistance to enroll in education beyond high school. WAICU’s number one advocacy priority is increasing the state and federal student financial aid, including the Pell Grant and Wisconsin Grant. Sign-up to become a WAICU advocate and support this important cause: https://lnkd.in/g2G2JHCG #WAICU #wiprivatecolleges #GraphoftheMonth #WIGrants

It doesn’t take a degree in finance to see that the cost of college continues to rise. If your child is approaching college age, a good first step is estimating the potential costs: https://bit.ly/3lVsZ9M #LegendBuffalo #FinancialAdvisor #FinancialServices

"With an accreditor’s stamp of approval, colleges get access to a pot of more than $106 billion in annual federal Title IV funding—federal loans, grants, and campus-based aid. Clearly, accreditors are not delivering on their charge as they continue to approve institutions with abysmal outcomes where students and taxpayers will see little or no return on investment. It begs the question—when will the watchdogs bite?" We should also ask when other states will follow Texas in stepping up to a challenge that accreditors have ignored. HB 8 is a big step toward aligning higher ed's incentives with the interests of students, communities, employers, and taxpayers. https://lnkd.in/gvfmA5H3