“The raw odds are 1 in 25 (in getting a scholarship), ... And the average amount received is about $1,600. If you're just a random student, C average, no interesting hobbies, you're unlikely to get aid.”
“There are very few scholarships that give money simply for breathing. Probably most of the scholarships are merit-based. Awards that are need-based tend to be loans.”
“Anybody who hasn't consolidated should consolidate before the law goes into effect. The appeal of consolidation under current law now is you're taking a variable rate and locking in at a fixed rate.”