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university

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How To Decide If Going Back To College Is Right For You

The decision to go back to school is not an easy one. There’s much to consider when making such an important choice in your life. No matter how you look at it, it’s going to disrupt your schedule a bit. You need to consider your present situation and your future goals.

There’s no magic formula for coming up with the answer. You have to sit down and make a list of the reasons you do and don’t want to go back. Be practical and take your time weighing the pros and cons. See how to decide if going back to college is right for you.

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General

How A Low GPA Affects Your Financial Aid In College

your GPA is important if you rely on financial aidEver since your earliest years in grade school, you’ve been taught that your number one concern in school is achieving high grades. Students everywhere work their hardest to get top marks from preschool to college, and it is in college that the concern for good grades takes on more significant importance. When a slipping GPA could cause you to lose your financial aid, there is no room for error. Education is expensive, and many students wouldn’t be able to go on without aid. But how can a low GPA truly affect your financial aid?

In general, there are two kinds of financial aid. Some kinds of financial aid are need based, while others are merit based. Certain special cases may combine these two types of aid into a scholarship, but in general they are kept separate. Need based aid includes the federal government aid for which students apply every year through FAFSA. These funds are allocated to students based on their financial situations. Merit based aid is typically offered by schools and other non-government institutions to help exceptionally talented students finance their education.

If your GPA begins to slip, merit based financial aid is typically the first thing that will go. Students who are given scholarships based on academic performance need to keep that performance high in order to keep receiving funds from scholarship providers. If your grades start to slip, you can expect your merit based financial aid to be revoked. Academic scholarships are given to top performers, and yours will go to another hard-working student if you begin to neglect your studies.

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General

Is A Prestigous University Worth The Money?

you don't have to go to an ivy league universityWhen the time comes to select the college that you want to go to, there are a lot of reasons why some of the more prestigious universities may seem like the better ones to apply to. As with so many things in life, sometimes we assume that just because a particular institution comes with a bigger price tag, then automatically, it must be better in value.

However, when publications like Business Insider features articles on some of the “upper echelon schools” like Oberlin College, Rutgers University and Northeastern University (just to name a few) that are proving to not be as good of a return on the financial investment that is made by going there, it’s completely understandable why more and more people would start to wonder if prestigious schools are actually worth the money.  Well, in order to answer that question, there are a few factors to consider.

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Money Saving Tips

How Much Does It Cost To Attend University?

If you are considering furthering your education or your child plans on attending university, it’s a good idea to check out the University Cost Calculator to find out how much you can expect to pay for tuition, etc.

The calculator provides information for many universities across Canada and gives specific information for various faculties.  It will give you an estimate of the cost for the entire program.  Some faculties may not be listed, as Statistics Canada could not get accurate cost information for all faculties.

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