MONEY

Although it is easy to lose track of things in the deluge of midterms and essays, remember to fill out your FAFSA (Free Application for Federal Student Aid) for the 2012 to 2013 academic year by Friday, March 2. While you can still turn in your FAFSA after the  March 2 deadline, you will be ineligible for certain financial aid programs such as the Blue and Gold Opportunity Plan in which families who have gross annual incomes under $80,000 will have their tuition covered by scholarships and grants.

If you complete the FAFSA by the deadline, you will also be considered for read more »


facebookThat is, aside from providing a platform for people to boast about all of the mind-numbingly inane things they did that day. Now you don’t even have to switch browser tabs to learn how to fund your college education and chat up that cute kid from your Econ class at the same time.

In January 2012 Facebook is set to launch a new application that allows you to learn all about grants, loans, FAFSA and other financial aid information.

The application uses demographic information to instruct students on their financial aid choices and in addition provides the option to discuss the financial aid procedure with Facebook friends. With any luck this app might actually help to alleviate the rage-inducing headache that is FAFSA.

Image Source: vincos under Creative Commons
Financial Aid Facebook App? Program Promises to Help You Find Money For College [Huffington Post]


166519723_90c9d2935d-1

Check your email, folks, ’cause UC president Mark Yudof just sent you a message. Actually, technically Chancellor Birgeneau sent you an email with a link to Yudof’s letter, but you know what we mean.

Yudof is proposing some changes for UCs. It’s unclear whether any or all of these will be implemented, but they will directly affect all of us, so pay attention.

First, Yudof proposes that employees of the UC continue to put more money into their own retirement plans without any reduction in benefits. Along with this, he proposes that employees hired after July 1, 2013 “will be offered a read more »


407545092_9ae75e0402

For all of you on some kind of financial aid (and given the 32 percent fee increase hullaballoo, we’re guessing that’s most people) we here at the Clog would like to post a friendly reminder.

FAFSA is due MARCH 2. This applies to returning undergrads as well as prospective freshies, so everyone should be on the alert.

Don’t groan about it, either. This year it’s supposed to be easier due to a mysterious thing called “skip logic,” in which the computer decides which questions are irrelevant based on questions you’ve already answered.

And while that sounds like just the kind of subtle robot takeover Sam Waterston warned us about, we have to be grateful that this financial sucker is a little easier to deal with.

Now be good boys and girls and fill your FAFSA out early. Post-FAFSA bliss is just around the corner.

Image source: Ingorrr under Creative Commons
Key student financial aid deadline March 2 [San Francisco Chronicle]


hipster suitcase

If you’re thinking you can skip out on this whole budget crisis/economy mess by leaving the country and partying studying in another country, we hate to tell you, but uh … things just got a little more expensive.

Beside the 32 percent university fee hike that will follow you no matter which remote corner of the earth to which you try to flee, the Education Abroad Program (EAP) has decided to hop on the shake-’em-for-every-last-penny bandwagon and tack on a nice little “program-specific fee” in the area of $1,000 – $1,500.

The new EAP fees do not directly affect students participating with Quarter Abroad and Summer Abroad programs since they are campus-based. Well, now that you’re probably not leaving the country, that gives you lots of time to protest the fee hikes here at home. Meh, the euro ain’t worth sh*t anyway.

Image Source: freeform by prudence under Creative Commons
Studying abroad has its price [The California Aggie]


Those of you who have undergone the college application process can surely agree that it’s mildly overwhelming at best and heart attack-inducing at worst. Even acceptance letters don’t always put a cap on the stress; there remains the sometimes agonizing dilemma of which school is subjectively “best,” according to factors ranging from academics to the eternal issue of cost. read more »