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Financial Aid

NEWS
May 25, 2014 | BY PATRICIA MADEJ, Daily News Staff Writer madejp@phillynews.com, 215-854-5938
FOR 18-YEAR-OLD Reginald Nelson of Nicetown, winning a Gates Millennium Scholarship allowed him to secure his place in Bucknell University's graduating class of 2018. "If I don't get it," Nelson told himself prior to winning, "I have to find another way to pay for college. " The senior, who will major in mechanical engineering, heard the good news when he stepped outside his psychology class at Mastery Charter School-Thomas Campus in South Philly to answer a call from his mother.
BUSINESS
March 19, 2014 | By Erin E. Arvedlund, Inquirer Columnist
Paying for college tests the financial mettle of every family. So we highlight a program that may help you save and get a tuition discount regardless of whether you qualify for financial aid. The Tuition Reward Points program offers discounts off the "list price" of college when you make deposits to a qualifying account at a participating institution. Similar to frequent flier miles, you save and you earn points, which add up to dollars off of the college price tag. This isn't a 529 plan, and these Tuition Rewards Points aren't "hard" dollars, so the savings aren't considered to be a family asset and thus have no effect on the Expected Family Contribution (EFC)
NEWS
March 12, 2014
Harbingers Having heard the wailing of the frozen, huddled masses yearning for warm whispers of a season seemingly lost, it is time to remember (with apologies to New York Sun editor Frank Church) that, yes, Virginia - and your friends are wrong to doubt it - there is a season called spring. It exists this time of year in a place you cannot touch, see, taste, or smell, but it is there, hidden behind a veil of cold. The hard snowpack will give way, returning to its more pleasing form in ponds and birdbaths alike, welcoming the feathered folk that begin their return, towing the warm sun like a fiery chariot, transporting our longer, milder evenings back from their overwintering grounds.
NEWS
March 2, 2014 | By Susan Snyder, Inquirer Staff Writer
The University of Pennsylvania is launching a $240 million fund-raising campaign targeted specifically for financial aid - an effort to bolster its policy of providing all grants and no loans to students in need, school officials said Friday. The effort was announced at the board of trustees meeting. To start the "Penn Compact 2020 Presidential Initiative," the university is seeking $1 million in donations from at least five individuals, which Penn will match. If the effort is successful, Penn will have raised $600 million for financial aid over the last decade.
NEWS
February 28, 2014 | By Susan Snyder, Inquirer Staff Writer
The University of Pennsylvania is launching a $240 million fundraising campaign targeted specifically for financial aid - an effort to bolster its policy of providing all grants and no loans to students in need, school officials said Friday. The new effort was announced at the board of trustees meeting Friday. To kick off the "Penn Compact 2020 Presidential Initiative," the university is seeking $1 million donations from at least five individuals that the university will match.
NEWS
January 23, 2014 | By Maddie Hanna and Julia Terruso, Inquirer Staff Writers
TRENTON - Praising a New Jersey that "put aside political partisanship" while battling economic recession and weathering Hurricane Sandy, Gov. Christie delivered an inaugural address Tuesday that emphasized compromise and resilience, with no mention of the scandal that has been a cloud over his administration in recent weeks. "We started this journey together in a dark and foreboding time in our history, when hope was at a premium and trust had been squandered by a government who had been unwilling to tell you the truth," Christie said after he was formally sworn in for a second term at the War Memorial in Trenton.
NEWS
December 14, 2013 | By Melanie Burney, Inquirer Staff Writer
PENNSAUKEN The old saying that charity begins at home provides a fitting description for an unusual Pennsauken help group. Pennsauken Neighbors Helping Neighbors has made it its mission to help the needy in the town - not just during the holiday season but whenever financial aid is required. Since it was started in 2006, the group has helped more than 150 families by providing grants to ease hardships brought on by illness, job loss, or other emergencies. "We do it all year round," said founder Bill Orth.
NEWS
December 13, 2013 | By Susan Snyder, Inquirer Staff Writer
In what would be a dramatic turnaround, Haverford College is considering doing away with the "no-loan" financial-aid policy it adopted in 2007, and again require middle-class students to borrow to finance their education. If the board of managers adopts the proposal during its meeting in February, Haverford will become the latest school to retreat from a no-loans stance: Dartmouth and Williams Colleges backed off almost four years ago and Claremont McKenna just this year, each finding it could not support the program.
NEWS
December 6, 2013 | By Maddie Hanna, Inquirer Trenton Bureau
TRENTON A Latino leader who is an ally of Gov. Christie on Wednesday accused state Senate President Stephen Sweeney (D., Gloucester) of playing politics and jeopardizing a bill that would allow undocumented immigrant students to pay in-state college tuition. By insisting that the bill include access to financial aid - which Christie says he will not support - Sweeney risks losing the chance to pass tuition equality legislation long awaited by the state's Latino community, said Martin Perez, president of the Latino Leadership Alliance of New Jersey.
BUSINESS
October 5, 2013 | By Joseph N. DiStefano, Inquirer Staff Writer
Ankur Kumar , head of admissions and financial aid at the University of Pennsylvania's Wharton School and a woman credited with boosting the number of female MBA candidates, is stepping down "to pursue a new endeavor," the school told staff. Kumar's departure comes five days after the Wall Street Journal ran a story that noted that total Wharton MBA applications have been dropping on her watch, as applicants to rivals Harvard and Stanford Universities rose. Kumar defended her record, arguing that Wharton's applicants might be fewer but were of higher quality.
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