Culinary Education Scholarship Information

Posted in: Financial Aid

Scholarship Directories James Beard Foundation: School-Specific Scholarships Scholarships American Culinary Federation Clark E. DeHaven Scholarship Trust Coca-Cola Scholars Foundation The International Association of Culinary Professionals Foundation Walter Reed Smith Scholarship Area-Specific Scholarships Future Culinarian of America Scholarship Foundation Institute of Food Technologists, Keystone Section Wisconsin Restaurant Association Another great resource for finding scholarships is the free scholarship search site, Fastweb.com

Financial Aid for Cooking & Culinary Arts Schools

Posted in: Financial Aid

With enough persistence you can learn to julienne a carrot, and still have perfect fingers. And with enough persistence you can find a way to finance the classes that will teach you how to do that and more. Despite the cost, there is always a way! Schools, and the people who can help pay your way through them, agree that … Read More

Get Credit for Your Education

Posted in: Financial Aid

Tax season is approaching, and with it, new opportunities to take advantage of educational tax credits passed by Congress. Tax credits usually have a greater impact than deductions because credits are more direct — you can immediately apply them to your tax liability. That is, the credit will be subtracted directly from the tax that you owe. Deductions, on the … Read More

Borrowing Smart

Posted in: Financial Aid

Here are several good tips for borrowing smart: Minimize your debt. Live like a student while you are in school so you don’t have to live like a student after you graduate. Every $100 you spend using student loan money now will cost you about $200 by the time you pay off your loans. Avoid overborrowing. Don’t borrow more for … Read More

Employment-Based Student Aid

Posted in: Financial Aid

There are two main forms of employment-based student aid, work-study and employer tuition assistance. Federal work-study is based on financial need. It provides you the student with a part-time job, typically involving 10 to 15 hours of work per week. The earnings are not subject to FICA but are subject to federal income tax. These earnings also do not have … Read More

Federal Financial Aid

Posted in: Financial Aid

State-provided grants, loan payback programs, private loans, and scholarships can all help you pay the sometimes steep price-tag of a college education in Atlanta. Federal loans, however, are a key to many financial aid packages. The first step is to complete a Free Application for Federal Student Aid (FAFSA), and then explore your loan options. The federal education loans include … Read More

Understanding the FAFSA

Posted in: Financial Aid

There is an abundance of state aid available to students attending private and public schools. But most schools still require completion of the Free Application for Federal Student Aid (FAFSA) to help them determine how much aid is needed and how that aid should be packaged. How does it work? The FAFSA is used to calculate the Expected Family Contribution … Read More

FAFSA Checklist

Posted in: Financial Aid

It’s time to fill out the mother of all financial aid forms: the FAFSA. Don’t worry, it’s easier than you think. But before you sit down to complete the form, make sure you have all the necessary materials. You’ll need: Your Social Security card and driver’s license, and/or alien registration card if you are not a US citizen. Your income … Read More

Student Loans

Posted in: Financial Aid

There are two main types of student loans, federal and private. You should always borrow federal first, as the federal loans are cheaper, more available and have better repayment terms. The interest rates on federal loans are fixed while the interest rates on private student loans are variable. Federal loans will generally cost you less money over the term of … Read More

Education Tax Benefits

Posted in: Financial Aid

Many families overlook the education tax benefits. These are tax credits and exclusions from income that are claimed on your federal income tax return. While they don’t provide money up front, they can give you a little money back on your taxes based on amounts you paid for certain college expenses, such as tuition and fees. The Hope Scholarship Tax … Read More