Title: FAP919: $10,000 Scholarship, Scholarship Points, Scholarship eBook

" Scholarships college goal Sunday 10000 dollars and so much more on this week's financially podcast episode 900 in nineteen."

" Financially podcasts publication of the student loans didn't he stop by the web site. And subscribe for free and iTunes into music by Charlie flew the biggest hard drive up."

" Good Friday July 31 2009. Minus -- repent and thank you for tuning it to the financially podcast got a great show for it to a very excited because of course today's the deadline. For our second. 10000 dollar scholarship for students on network so make sure you're registered and signed up at scholarship points dot com you don't wanna -- gone to the drawing tomorrow morning Saturday morning August 1. The wee hours of the morning and publish the winner at scholarship points but there is still time feel at least get your entry in. Over scholarship points now let's get on with the show and had a right to the news. Topping the news this week you may wonder where -- we show was less because I was at the Massachusetts college goal Sunday committee steering -- India annual kick -- meeting for the event. And had sent to really interest in discussions while I was at the meeting some important notes I think that are worth pointing out from that meeting completed financial aid applications at a nearby community polish up. 184%. Year over year enrollments are up 30% -- state funding is down this one particular school. Is so if completely books that they are converting everything we possible -- to a class -- converted the gymnasium if -- the theater they converted the theater's stage to a class of their consideration utility closets and things next. Anywhere they can and this class sizes are basically set to whatever the fire code will permit south. Definitely a lot of very strong need there. Number two. As the faster changes more and more under the new administration the differences between federal methodology which is what most public schools and Community Colleges use to determine. Your eligibility for financially especially need based -- grants. An institutional methodology which a lot of private schools use. Big gaps are widening significantly would always changes in the fastened in more than a few cases methodologies have discrepancies in the thousands of dollars for a what method of financial -- determination school uses is going to increase the impact on your ability to afford these schools so -- worth asking. When you're applying to schools is worth asking when you're going to school to see what methodology used because there are different things you can do. And one methodology or another to improve your eligibility for financial aid very important check into that. If you haven't grabbed a -- ready go to fassel online dot com and -- are free faster guide that will give you insights into federal methodology. And then you'll have to come up with a guy probably in this coming year for institutional methodology because the discrepancies -- now getting to the point where. You know a student maybe 8000 dollars more eligible for aid into one school versus another. Number three every one is virtually doing more with less -- tons of dozens of so when you go back to school you go to school. In a couple weeks big kind of financial aid office they are try to do the best they can. With well reduced staff from -- layoffs -- furloughs and increased demand. Number four was into -- Parents are increasingly choosing pair plus loans like those apparent plus loan dot -- even. In cases where private student loans are cheaper now which is the case for some state cartoons because of concerns that. State lenders might not be in business to fund the loans and school actually starts as happened last year a lot of people. Got really put off by the fact that so many state agencies ran after the credit crunch that -- stop borrowing from the states even in cases where it was cheaper -- It is worth investigating obviously all the different types of loans you're eligible for all all the different as a financially eligible for but. It is important to note you'll give some consideration the fact that need the stability of who you're borrowing from may be important to you so that was up. The summary of last week of had a whole bunch of legislative change is in the news as well for all the legislation is pending in congress for financial aid but. The truth there is nothing is set in stone yet it is the legislation that would most affects two months is still only in the house that has not come to the Senate yet so. No significant updates there now we will of course keep you informed. About them as they happen. Time now for a scholarship up to eight. In this week scholarship update two things of course today is the deadline for a 10000 dollar scholarship drives if you listen to -- on July 31 you still have time we are going to do. They cut off for eligibility. At midnight tonight at 11:59 PM so you still have some time at second. This week we released our new scholarship search secrets e-book the sixth edition which goes over and hope what you need stuffing and and very familiar ground as well. Get it at student scholarship search dot com slash e-book -- very very important e-book and now we may have some interesting things to go over with later on in the fall with Howard could put -- to use but for now. Makes you grab it read download it. And do all stuff that's in it for your chances to maximize the amount of scholarships you can get. To pay for college time now for some music news. You might or might not have noticed at the last Friday July 24 the national minimum wage in the United States increased by seventy cents from 655 an hour. To 725 per hour this of course does not affect you. If you -- liver work in the state we're the minimum wages above the seat Benoit is above federal itself it's something to keep in mind -- an instinct thing. For anyone working in food service or any profession in which tips are of vital part -- income. One little -- part tip based professions that minimum wage loss still have to be met. The Department of Labor says that's. Is it legal for -- in which is to be paid a below and don't -- Yes according to the fair labor standards act tipped employees and individuals engaged in occupations which the costs trillion regularly receive more than thirty dollars a month in tips. The employer may consider chips is part of wages but the employer must pay at least 213 an hour in direct wages. Now I guess that its in part. If in employees' tips combined with the employers -- of 213 and Howard do not equal the hourly minimum wage the employer is required to make up the difference so. If you are working and say restaurant or bar someplace where. You're not make team minimum wage your employer is required to make up the difference by laws that he did not know that if you've had some -- labor disputes whoever it is worth pointing out. And that is alive and if the your employer chooses not to Obey the law. Then you can either dispute it with them or find another job but a very important that if your pick -- pay -- of the page is not. Amortized out to at least minimum wage. You must be paid minimum wage sent us some hopefully helpful stuff that time now for the mail that."

" Okay."

" Opening of the mail bag this week Jarrett asked how much money team received with fast so one of the best options in your opinion any help would be appreciated thank you. -- chaired that's a really really broad question in the fast sunk the free application for federal student he controls all federal financial needs of Stafford loans plus slows pell grants. Perkins loans federal supplementary educational opportunity grants and so on and so forth and the amount of money can receive is theoretically. Up to the cost of a college education depending on the price of school you go to. And how much needed demonstrate by -- filling out all the intensely personal financial questions on. If you go to a really expensive school if you go to school Etzioni more than saved 101520000. Dollars a year and a lot more than that. Chances are no matter how much federal aid you get year not gonna be able to make up the cost of tuition and -- going to school. Just with federal aid so. -- would need to look at some like private student loans or some other gap bridging measures scholarships of course if Avery important -- the puzzles well. How much can you get will stay a staff for the limits go check those out at Stafford loan dot com there is the plus Sloan went to a pair plus loan dot com that is taken up by a pants. Grants the pell -- can be -- 5350. Dollars a year so there's always different pieces. Really the easiest and best way to figure out exactly how much money you're gonna need pay out of pocket is to fill the -- you can do this at any time of the year. Go to fast alana com for a free guide and then go over to the fast so what's -- dot Ed dot gov. And complete the -- there that what do you view in it it relatively short amount of time these days the UEF seat. You estimated finding a family contribution how much do you and your family going to be expected to pay out of pocket towards a college education. And that then has taken by your school to school you wanna go to. And sliced diced and mean -- Julian Fries and you'll eventually get an amount that you have to pay to the school out of pocket. They'll be maybe be near the FC depending on the schools methodologies when we talked about earlier in the show. And that will it give you the final chance to them looking for also we had Doug -- earlier in this week's ask. I'm supposed to be getting my student aid funds on -- debit card what does this mean what's going to happen okay. This is a really really instinct thing and kind of -- thing to. For some schools they have an agreement with the bank probably local bank where you'll get your student -- proceeds after tuition fees were taken so any -- doing this alone you've taken out on a debit card as a Democrat looks just like a credit card probably even has a credit card logo on at a bank logo some kind. On they'll be whatever funds are left over after the schools taken out all stuff that they want to just take out. That's what you have to use for discretion -- fund spending and you could use stunt any educational related expense I mean. Theoretically could use it on not educationally too expensive that's a waste of money you borrowed a lot of that money and you unease at for the purpose that you Bart for. When it comes to these debit cards. The real careful with them because a date are -- he has a lot of money on them and they have typically very high fees out of this beast to use a piece of balance checks and things like that so what you wanna do. Is to withdraw all the money is you on one shot if he can and transferred to your bank account presumably when you have them you know fees on I hope. One other thing with these Democrats is you lot of really be sure. Keep keep keep you safe have really mean today is a lot of money on them and -- you don't wanna -- them particularly if they're not terribly well secured which some of them are not so. Make she'd do that as fast as possible. Time now for freestyle Friday. He it's freestyle Friday the part of the show where we talk about. All things free and free things you can get all over the web so to remind is number one everything is in the show notes. At financially podcast dot com slash blog some achieved over the head of click through and and final the stuff. And number two if you hear about some that might be useful to someone else but maybe not you. Granted anyway these companies are giving away for free -- and -- can give it someone who needs it. If there's a local shelter like food pantry here -- sheltering in a battered women -- something in community and the products might be useful. Give it to a little help you community won't cost you at times so. Let's get rolling number one and ten is giving away a sample -- nail nail polish and apparently it's -- nail polish the can. Fix broken things to. Number two -- the CD burning company is giving way -- Nero nine software is if you wanna burn CDs on the PC is is a great way to do it. Number three Dunkin' Donuts is giving away free samples of their flavored coffee can get a little packet of their flavored it's -- hazel mint mocha fudge whatever -- Angela -- flavors that but. The stuff is free. Number four. Bill but tone is giving away a free sample one -- cigars now they usual disclaimer applies don't put things that are on fire in your mouth that's hazardous but if you are going to anyway. In as the get a free one from this company and they haven't. Number five Urban Outfitters has a huge huge selection. Of MP threes from the iTunes music store. And he's all pre selected so it's not like in school by the any music you want you have to download tracks that they've provided but. -- from all these new and emerging bands I guess Urban Outfitters thinks they're worth promoting -- I grabbed -- works out to about four -- worth of music all free. The number six national museum date is September 26 2009. In the Smithsonian magazine has it at free admissions card. Over 200 museums around the country will be participating in this and to win the prices are normally -- anywhere from five to fifteen dollars per adult. You'll be able to get in completely totally free to see what's going on at these places knows what they have to -- make sure. You grab your free admission card when it becomes available and on September 26 go to a museum completely on the house and does see what they have that you might be surprised. And just what museums -- up to these days. Number seven total cereal they've apparently of trying to regain some market chairs the giving away free boxes a little carrying out snacks as boxes. Of this serial number eight. It kind of a funny one Micah flex is giving away a free sample of their latex glove so if you happen to need -- latex medical problems for anything like you clean especially dirty dorm room or something like better. If you go live in a dorm has a kitchen and it dad helping to clean the communal kitchen. Or other communal areas these gloves might be just the thing that you wanna use to protect yourself from bio hazards or if you had a really bad date one of the duke. Number nine Texas and a -- I did. Number nine if you have any interest in business cards check out new cards these of the half -- clients they have ten for -- crisis and there's a sampler. Normally these things here outrageously expensive so if you get ten free of them for a business or promotional purposes go grab them. Number eleven is a sham wow cloth which is I guess the very special car polishing cloth -- companies giving them away. Don't actually know what it does for a -- there thought it was a reference to World of Warcraft but it's not it's a piece of cloth. And finally in nineteen is giving away a sample of their detergent plus -- so if you are going to a school going back to school and NBC media usual Long -- Facilities makes you grab one of these packets they're very handy -- east do you -- what -- two loads of logic. And oh -- you know it just is a hit a money saving tip if you don't actually do anything like especially rigorous in in the Balkans clothing. Just separated instantly casual wear verses like workout clothes things actually need to be washed and you'll find that. You can actually use almost a quarter of the detergents that you normally is for you a discount casual wearing around the office close. Versus your hard use close it will save you would decent amount of money. On detergent and other consumables and frankly it's also better for the environment because -- stuff you can put the water the better. That's freestyle Friday for this week let's move on to some free music no contest to competitions because I think everyone's got their hands full doing the refer -- friend program for scholarship points. We put up the YouTube video about that's -- check out I'll put it in the show notes at financial podcast dot com as well. But this -- do actually gearing with a song called out there somewhere a little country music for you to end the week."

" He can live for good and dead now and then T stand and how fast infusions to and then. Great games."