Kokomo Tribune; Kokomo, Indiana

Breaking News

Columns

February 6, 2014

BILL STANCZYKIEWICZ: Paying for college - you can do it!

Don't miss FAFSA submission deadline of March 10.

Paying for college is not easy but will seem less daunting after dispelling some mispercep-tions about college financing.

First, regardless of your family’s income, fill out the FAFSA (www.fafsa.ed.gov). This essential form is used by the federal and state governments and your student’s school to determine college financial aid. The application deadline is March 10. Free help in filling out the FAFSA is available at community-based sites across Indiana on College Goal Sunday, Feb. 23 (www.collegegoalsunday.org).

The College Board offers additional information and advice:

• College costs. During the last 30 years, the average published tuition and fees at four-year private schools have increased by 153 percent to $30,094 and by 231 percent to $8,893 at four-year public schools. Room and board averages an additional $9,000 to $10,000. However …

• Most families don’t pay sticker price for tuition and fees. The actual average price paid by students for tuition and fees (excluding room and board) is $3,120 at four-year public schools (65 percent below sticker) and $12,460 at four-year private schools (59 percent below sticker). In fact, after adjusting for inflation, the net cost of tuition and fees at private colleges is 8 percent lower than a decade ago.

• About two-thirds of full-time students receive financial aid. The average undergraduate receives $13,370 in financial assistance: $7,190 in grants, $4,900 in federal loans and $1,280 in tax credits, deductions and work-study.

• Good news for low-income families. A four-person household with income of $43,568 or less is eligible for Indiana’s 21st Century Scholarship and the federal Pell Grant. A student with these grants will pay nothing for tuition and fees at Indiana public schools and an average of just 10 percent of the tuition and fees at four-year private schools.

• Middle- and upper-income families can receive financial assistance. For families in the top half of household income, financial aid reduces the public school sticker price by 25 to 33 percent and the private school sticker price by 40 to 50 percent.

Text Only | Photo Reprints
Columns
  • Cleaning up Indiana could be as easy as a bottle deposit Scan the roadside on a drive through the Wabash Valley, and you might spot an empty pop bottle or two. Or two dozen. Or 200. Drink bottles have become our litter du jour. They compose an estimated 40 to 60 percent of all litter, according to the Mich

    April 21, 2014

  • Wolfsie: High-tech got you down? I love where I bank. It’s a branch inside of a big supermarket. I can make a modest withdrawal and then go and blow every last penny in the cookie aisle. The tellers at the window appreciate me. They know about my obsession with round numbers and und

    April 21, 2014

  • Vasicek: Celebrating Easter I have shared a few bits of Easter humor over the years, so I thought I’d start with a new one. Joseph of Arimathea was the wealthy Pharisee who is famous for helping to bury the body of Jesus. He procured the body, asking Pilate’s permission, and, w

    April 20, 2014

  • DAY: God trusted us with them Well, you heard about my wife and I, and our families from the past, so it is time for me to tell you about two of the prettiest girls I have ever known. They are our daughters Debbie and Patty. They are the greatest gifts from God that we have had i

    April 19, 2014

  • LoBianco: Bigger ethics questions raised in House Turner review

    Members of the House Ethics Committee who will take up Rep. Eric Turner’s case face daunting tasks as they try to answer two questions: Did their powerful colleague violate any ethics rules in privately lobbying against a measure that would have hurt his family’s business?

    April 18, 2014

  • Hicks: Measuring the unmeasurable

    One aspect of economic research I think is especially powerful is the ability to measure or monetize the things that humans clearly value but for which a market price is not necessarily apparent. This is one of the aspects of economic analysis that gives it such dominance over other social sciences.

    April 17, 2014

  • Rob Burgess House of Burgess: Bush presents 'The Art of Leadership'

    On April 5, “The Art of Leadership: A President’s Personal Diplomacy,” opened at the George W. Bush Presidential Library and Museum on the campus of Southern Methodist University. The display, which runs through June 3, boasts “portraits of more than two dozen world leaders” painted by Bush, according to the official literature.

    April 16, 2014 1 Photo

  • Bohanon: ‘Economics is fun’ in Vegas or in Bible study

    I am writing this on an airplane to Las Vegas. I’ll be attending the annual conference of the Association of Private Enterprise Education along with two of my colleagues and six of my students.

    April 16, 2014

  • Hayden: Want better teacher ratings? Ask the kids

    The state may be back where it started, encumbered with a flawed teacher grading system, a year after implementing what were meant to be tough new standards.
    That was the general consensus of the State Board of Education days after teacher evaluation data were released last week.

    April 15, 2014

  • BRIAN HOWEY: Mike Pence for president in 2016? Stay tuned Mike Pence for president? The swirl of 2016 national ticket talk surrounding Gov. Pence intensified over the past few weeks. I sat down with the governor in his office on Tuesday to find out what he's really thinking. A few hours prior, the Weekly S

    April 14, 2014

Latest news
Featured Ads
Only on our website
AP Video
Raw: More Than 100,000 Gather for Easter Sunday Raw: Greeks Celebrate Easter With "Rocket War" Police Question Captain, Crew on Ferry Disaster Raw: Orthodox Christians Observe Easter Rite Ceremony Marks 19th Anniversary of OKC Bombing Raw: Four French Journalists Freed From Syria Raw: Massive 7.2 Earthquake Rocks Mexico Captain of Sunken SKorean Ferry Arrested Raw: Fire Destroys 3 N.J. Beachfront Homes Raw: Pope Presides Over Good Friday Mass Raw: Space X Launches to Space Station Superheroes Descend on Capitol Mall Man Charged in Kansas City Highway Shootings Obama Awards Navy Football Trophy Anti-semitic Leaflets Posted in Eastern Ukraine Raw: Magnitude-7.2 Earthquake Shakes Mexico City Ceremony at MIT Remembers One of Boston's Finest Raw: Students Hurt in Colo. School Bus Crash Deadly Avalanche Sweeps Slopes of Mount Everest
Parade
Magazine

Click HERE to read all your Parade favorites including Hollywood Wire, Celebrity interviews and photo galleries, Food recipes and cooking tips, Games and lots more.
Obituaries
Poll
Kelly Lafferty's video on Tom Miller