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Media Information

2010 News Releases

COLLEGES ENLIST MILITARY-HELPFUL NET PRICE CALCULATORS TO SHOW EDUCATION IS AFFORDABLE

Student Aid Services Integrates Post 9/11 GI Bill Benefits for Seven Colleges

SACRAMENTO, CA - August 3, 2010 - Colleges are enlisting "military-helpful" net price calculators to show veterans and active duty military that Post 9/11 GI Bill benefits are not the only money available to pay their education bills.

More than 285,000 current and future student veterans have received in excess of $3.6 billion - on average about $16,000 each - since last August when the law and its Yellow Ribbon supplemental program began providing benefits, according to the U.S. Department of Veterans Affairs.

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Federal Calculator Builder™ MAXIMIZES ACCURACY OF THE FEDERAL CALCULATOR TEMPLATE

Inaccuracy Can Overestimate Net Price for Prospective Students

DENVER, CO - July 18, 2010 - Student Aid Services, Inc., the leading provider of net price calculators, today introduces innovative technology to help post-secondary institutions implement the federal calculator template. The company's Federal Calculator Builder™ provides automated data analysis to maximize the accuracy of the U.S. Department of Education's calculator template, and was unveiled here during the annual meeting of the National Association of Student Financial Aid Administrators (NASFAA) at Student Aid Services' booth #429.

"While we believe our customized net price calculator is the best choice for most post-secondary institutions, some will want to install the federal template," said Jeff Whorley, president of Student Aid Services. "For many of these schools, installing the most accurate version of the federal template possible is a challenging task. We have the technology and expertise to help."

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COLLEGES ADOPT NET PRICE CALCULATORS TO ATTRACT STUDENTS WORRIED ABOUT AFFORDABILITY

42 Institutions Outsource Calculator Development to Gain Competitive Edge

SACRAMENTO, CA - May 26, 2010 - Private and public colleges and universities across the country are beginning to adopt net price calculators (NPC) as a way of communicating affordability to prospective students and families. With admissions for the upcoming academic year largely complete, the demand for NPCs is expected to accelerate this summer to meet the October 2011 deadline for all Title IV institutions to provide an NPC on their Web sites.

Prospective students often confuse college sticker prices with the cost they will pay. However, 70 percent of first-year students receive aid that reduces their out-of-pocket costs, and more students are receiving higher amounts of grants, according to the latest survey by the Higher Education Research Institute. Independent colleges, for example, are providing more aid than ever with the average institutional award covering more than half of tuition and fees, according to the National Association of College and University Business Officers. Overall, 75 percent of all college students, including a growing number from upper-income families, now seek aid to pay for their undergraduate education, reports the U.S. Department of Education.

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NEW INNOVATIVE COLLEGE-ACCESS PROGRAM SHOWS THOUSANDS OF LOW-INCOME STUDENTS COLLEGE CAN BE AFFORDABLE

StudentAid.com and USA Funds Tackle Most Difficult College Access Challenges

SACRAMENTO, CA – Apr. 13, 2010 – Two of the most difficult questions about college – How much student aid will I get? and What will college really cost me? – were answered for nearly 11,000 low-income students participating in the new national Access for All™ program.

The program provided a combination of services that researchers recently identified as key to increasing how many low-income students attend college – individualized assistance preparing the often-daunting federal student aid application (FAFSA) and insight into their aid eligibility.

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VETERANS ADVANTAGE AND STUDENTAID.COM PARTNER TO HELP MEMBERS AND THEIR CHILDREN FIND AFFORDABLE COLLEGES

SACRAMENTO, CA - Jan. 12, 2010 - Responding to the college-affordability crisis, Veterans Advantage today announced a partnership with StudentAid.com that provides members a personalized planning tool, which determines financial aid eligibility and net prices to help them find the best education deal. StudentAid.com also will sponsor a $1,000 Veterans Advantage college scholarship.

"Families need to know ahead of time which colleges will offer the best economic and academic fit before students apply so they can make smart choices that don’t burden them with debt," said Craig V. Carroll, founder and chief executive officer of StudentAid.com.

Read the complete news release.

2009 News Releases

IECA AND STUDENTAID.COM PARTNER TO PROVIDE FAMILIES AID ELIGIBILITY AND NET PRICE COMPARISONS

SACRAMENTO, CA - Dec. 16, 2009 - The Independent Educational Consultants Association (IECA) and college planning and aid advisory service StudentAid.com today announced a partnership that for the first time provides IECA members’ clients accurate, personalized comparisons of student aid eligibility and net prices for colleges years before they apply.

StudentAid.com’s breakthrough College Cost & Planning Report™ is personalized for each student’s academic and financial circumstances and the specific colleges they are interested in attending.

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THINK AHEAD LLC AND STUDENTAID.COM AGREE TO MERGE

Deal Will Accelerate New Generation Net Price Calculators

SACRAMENTO, CA – DEC. 8, 2009 – Student aid advisory and estimation specialist StudentAid.com and net price calculator provider Think Ahead, LLC, of Portland, Maine, today announced plans to merge. Think Ahead, a developer of college financial planning tools since 1996, currently provides net price calculators to colleges, universities, and higher education agencies throughout the nation.

The deal, which unites two college net price calculator providers, is expected to be finalized in January and will accelerate the release of a new generation of net price calculators.

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STUDENTAID.COM NAMES JEFF WHORLEY PRESIDENT TO EXPAND ITS SERVICES FOR COLLEGES AND CONSUMERS

SACRAMENTO, CA – Nov. 13, 2009 – College planning and student aid advisory service StudentAid.com today named as president John F. "Jeff" Whorley, Jr., a former executive vice president of Sallie Mae Corp.

"Jeff’s experience in servicing colleges and his passion for helping college-bound students and their families make him an ideal fit for this role," said Craig V. Carroll, StudentAid.com’s founder and chief executive officer. "Jeff’s track record of growing businesses is a tremendous advantage as StudentAid.com expands the products and services we offer universities and prospective college students."

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STUDENTAID.COM OFFERS COLLEGES NET COST CALCULATOR TO MEET FEDERAL MANDATE FOR COST TRANSPARENCY

SACRAMENTO, CA - OCT. 22, 2009 - StudentAid.com today announces an advanced technology for colleges to meet the federal net cost calculator mandate of providing consumers greater college cost transparency.

"We have begun demonstrating our ThinkAhead Net Price Calculator™ at colleges around the country," said David Childress, general manager at StudentAid.com. "We anticipated consumers’ need for greater college cost transparency and have spent the past two years preparing and testing our service to provide a flexible, accurate, and user-friendly calculator to Title IV colleges and universities."

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INNOVATIVE COLLEGE-PLANNING HELPS FPA MEMBERS PRESERVE CLIENTS’ RETIREMENT SAVINGS

StudentAid.com finds the best college deals for families

SACRAMENTO, CA - OCT. 7, 2009 - To help its financial planners guide families toward smart college choices, the Financial Planning Association® (FPA®) today as part of its Financial Planning Week endorsed a breakthrough service by StudentAid.com that for the first time compares out-of-pocket costs and aid eligibility years before applying to colleges.

"FPA members can transform their college-planning practice by offering clients a way to gain early insight into their true out-of-pocket college costs and find colleges that fit the students’ needs while protecting the parents’ retirement savings," said Craig V. Carroll, StudentAid.com founder and chief executive officer.

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COLLEGE AFFORDABILITY CRISIS DEEPENS
FAMILIES SEEK NEW WAYS TO FIND THE BEST COLLEGE DEAL

Innovative StudentAid.com service transforms college planning

SACRAMENTO, CA - SEPT. 22, 2009 - StudentAid.com today introduces a breakthrough service that for the first time allows families to compare out-of-pocket costs before applying to college and avoid suffocating debt. The service calculates aid eligibility to help students and families understand their true net costs and find the best college deal possible.

"Families have been deprived of, yet desperately need, insight into their out-of-pocket college costs to ensure when choosing a college, they make a smart choice academically and financially," said Craig V. Carroll, StudentAid.com founder and chief executive officer. "Our service demystifies college costs and empowers students and families with comparative information to give them early insight into how to plan and pay for college."

Read the complete news release.

CRISIS DE ACCESIBILIDAD FINANCIERA DE COLEGIO SE HACE MÁS PROFUNDO
FAMILIAS BUSCAN NUEVOS MODOS DE ENCONTRAR EL MEJOR TRATO PARA EL COLEGIO

El servicio innovador de StudentAid.com transforma la planificación de colegio

SACRAMENTO, CA – El 22 de Septiembre de 2009 – StudentAid.com hoy introduce un servicio sin igual que por primera vez permite que familias comparen gastos de bolsillo antes de aplicar al colegio y eviten la deuda sofocante. El servicio calcula la elegibilidad de ayuda financiera y ayuda a los estudiantes y a sus familias a entender sus gastos netos verdaderos y encontrar el mejor trato de colegio posible.

"Las familias han sido privadas de, y aun desesperadamente necesitan, una compresión mas profunda de sus gastos de colegio de bolsillo para asegurarse cuando elijan un colegio, hagan una decisión inteligente académicamente y económicamente," dijo Craig V. Carroll, fundador de StudentAid.com y director ejecutivo. "Nuestro servicio desmitifica gastos de colegio y da fortaleza a estudiantes y familias con la información comparativa para darles la comprensión temprana en como planear y pagar el colegio."

Leer el comunicado de prensa completo.