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Reviews Published in Magazines
This page contains excerpts from reviews of the Financial Aid
Information Page that were published in magazines. This
includes reviews from Internet-related magazines that published
guides to the best web sites, as well as specific reviews and mentions
of the page in major national magazines.
Where to find scholarships and financial aid
"FinAid®: This free, comprehensive financial aid resource contains
everything from a glossary of relevant terms to information about all
types of financial aid. Plus, you'll find hyperlinks to other solid
financial aid sites on the Web. You can use a calculator to estimate
the cost of college, learn about loans and fellowships, or find aid
based upon special interests. http://www.finaid.org/"
Personal-Finance Calculators
"Click over to FINAID for the best set of calculators for forecasting
everything from how much Junior's tuition might cost to how much
college administrators will expect you to pay. And if the combination
of your savings, scholarships, and financial aid doesn't cover the
tab, site creator Mark Kantrowitz offers a couple of calculators for
determining the amount of debt new college grads can reasonably repay
and calculators that let you compare the terms of student loans from
different banks. www.finaid.org/finaid/calculators/finaid_calc.html"
Best of the Web: The 1998 Webby Award Winners.
"Money/Business Nominees ... The Financial Aid Information Page, finaid.org"
How Can I Get a College Scholarship?
"See also the Web site (http://www.finaid.org/) sponsored by the
National Association of Student Financial Aid Administrators."
Scam-Free Way to Search for Financial Aid.
"Getting frustrated in your search for extra funds for college this
fall? Then check out the Financial Aid Information Page on the web
(www.finaid.com). The page is absolutely FREE and gives you a
comprehensive guide to financial aid. It even allows you to search for
scholarships and also provides valuable tips on how to avoid
scholarship scams."
Destinations
"WWW.FINAID.ORG The deadline for high school seniors to pick a
college is just about here. Now, how to pay the bills? Web resources
include the site operated by the National Association of Student
Financial Aid Administrators, offering what is probably the most
comprehensive set of links to useful sites. If you are hoping to get
financial aid, including federally subsidized Stafford loans, you
should have filled out a Free Application for Federal Student Aid
(FAFSA) by now. But if you want to get started for next year, the
FinAid® page will link you to a site where you can complete the FAFSA
online."
Scrolling for Dollars, by Anita Hamilton.
"We pick 10 great Websites that offer expert advice and guidance to
help jump-start your finances. ...
THE FINANCIAL AID INFORMATION PAGE Yippee! Your daughter just
got accepted to the Ivy League school of her dreams. Now for the ahrd
part: figuring out how to foot the $120,000-plus bill over the next
four years. FinAid®, an independent site written by Mark Kantrowitz,
author of the Prentice Hall Guide to Scholarships and Fellowships
for Math and Science Students, is the most comprehensive on the
Web for finding student loans. Start with the section on frequently
asked questions and myths about financial aid and proceed to the handy
calculators for a ballpark estimate of how much of a loan you'll
need. Next, follow Mark's Picks for links to the best free online
scholarship-search services. Don't miss the Scam Alert on dubious
loans or Ask the Aid Advisor for answers to specific loan
questions. Lastly, pray that your kid doesn't plan on graduate school
-- or at least, that her gold-plated degree will land her a job to
help pay the next round of tuition."
The Right Way to Save for College, by Lynne Cusack.
"Follow this formula from Mark Kantrowitz, founder of the Financial
Aid Information Page on the World Wide Web (www.finaid.org)."
Show Me The Money, by Daniel McGinn.
"You can get guidance from financial-aid consultants or from more
than 300 books on the topic (look for brief reviews of them on the Web
at www.finaid.org)."
The best of the web
"MONEY. ... Students in search of financial aid can find an
intuitive course on loan counseling, tuition, and scholarships at
FinAid®: The Financial Aid Information Page (http://www.finaid.org)."
College Scholarships, by Ingrid M. Rotto.
"Another good site is www.finaid.org."
College planning: Do your homework on the Web, by Dean
Foust.
"You'll need to find out how much financial aid your child might
qualify for. FinAid®: The Financial Aid Information Page
(www.finaid.org), a site created by Mark Kantrowitz, author of the
Prentice Hall Guide to Scholarships and Fellowships for Math and
Science Students, has a free calculator based on the federal
government's aid qualification formula. Click on Mark's Calculators,
then on Financial Aid Estimation Form. ... One of the best calculators
for comparing loans can be found at FinAid®. Click on Mark's
Calculators and then on Loan Analyzer. Enter the terms of the loan,
and you'll get a single number that creator Mark Kantrowitz immodestly
calls the "K-Factor". The lower the K-Factor, the better the
loan. While you're at FinAid®, you might want to use two more of Mark's
calculators: One tells you how much debt you can carry, based on your
income; the other figures the amount of debt a student can reasonably
expect to repay based on the typical starting salary for graduates in
his or her field."
Focus On FinAid® and fastWEB -- Two for the Money!, by
Veronica Nance-Mithcell.
"Two excellent sources of information on student financial aid are
available free on the World Wide Web. FinAid® (http://www.finaid.org)
provides a comprehensive and objective pathway through the maze of
financing a college education, giving multiple links to types of aid
sources, loans, vendors and services in the financial aid world,
discussion lists, and tools for selecting aid and computing the
dollars. ... FinAid® is the creation of Mark Kantrowitz, author of
The Prentice Hall Guide to Scholarships and Fellowships for Math
and Science Students, and is sponsored by the National Association
of Student Financial Aid Administrators (NASFAA). This is an
independent collection of fast-changing hotlinks to everything you
always wanted to know about government and private student aid and
related subjects, including personal finance, admissions testing,
college planning, and career resources. In addition to an overview of
financial aid, it provides an "Ask the Aid Advisor" service and a
"Scam Alert", a useful addition in this hot field. ... The Bottom
Line: Although you may want to supplement a search with access to
traditional resources, fastWEB provides a good starting point for
tracking down student financial aid, and FinAid® will help you
interpret the data and be aware of the implications around financial
aid commitments. Both services are accessible at no cost and share
reciprocating links; FinAid® links to many other excellent financial
aid Web sites. Both novice and professional searchers at any
postsecondary level are sure to locate current financial aid
information related to their interest."
College Aid: The Nitty-Gritty Guide, by Kristin Davis.
"You can take some of the mystery out of the process by computing
your own EFC. Guidance counselors and financial-aid officers can give
you worksheets, or you can use an online calculator, such as the one
at http://www.finaid.org/finaid/calculators/.)"
Finding Hidden Monies for College
"There are two Web sites -- www.collegeboard.org and www.finaid.org
-- with worksheets that will help you determine your
EFC. ... Financial Aid Information Page, www.finaid.org. This site
offers a range of tips from scam alerts to scholarship searches."
Going Back to College Can Be Affordable, by Danielle
Sweeney.
"Resources on the Web: http://www.finaid.org Loads of links to all types of financial
aid sites."
Family Money Magazine's favorite Web addresses
"Personal Finance. National Association of Student Financial Aid
Administrators: www.finaid.com. When you start looking for college
tuition cash, here's a starting point."
The mother lode for scholars
"You'll find links to all four search services at www.finaid.org,
the best all-around Web site for college students and parents in
search of financial aid."
The ABCs of Financial Aid, by Jim Ellis.
"Q: Where do I find more information on scholarships and aid?
A: Go Web, young man. Your first stop should be the excellent
Financial Aid Information Page site (www.finaid.org) sponsored by the
National Association of Student Financial Aid Administrators."
Financial Aid Information on the Internet.
"The web site of the National Association of Student Financial Aid
Administrators, http://www.finaid.org, offers links to the financial
aid offices at many institutions and other sources."
Top 10 Scholarship Web Sites, by Shannon Heffelfinger.
"The Financial Aid Information Page. Access to more than 40 free
scholarship searches and information pertaining to loans, scams,
government aid, and college planning makes the Financial Aid
Information Page the most complete and thorough scholarship page on
the Web. The pool of databases, which you can open by left-clicking
the Scholarship/Fellowship option in the Sources of Aid menu, is
highlighted by links to FastWEB, ExPAN, SRN, and CollegeNet
MACH25. Also available to you under Sources of Aid are grants,
contests, prepaid tuition plans, tuition payment plans, and study
abroad programs. If you just can't find what you're looking for after
scanning 40 databases, the special interest section lists 13 groups of
specific scholarships with categories including Sports, International,
Veteran/Military Aid, and Disabled. Another location to check out is
Mark's Calculators. Make sure to view this portion of the page with
your parents. The calculators are easy to use and include a cost and
savings projector while helping you determine annual yield and
compound interest. Additionally, life insurance, financial aid
estimation, and loan advisor calculators are also available. You
shouldn't leave this page without viewing the items in the Assistance
menu. The Scam Alert warns students about possible fraud, the Common
Myths may help reassure parents who are reluctant to apply for
financial aid, and the Free Documents contain interesting articles and
advice about federal and state aid and ways to save money."
When reality bites, there's always graduate school, by
David Ball.
"As you get further into the application process, you'll need to
start thinking about how to pay for school. FinAid®
(www.finaid.org) has a good collection of links, lenders and
lending codes, books, tapes, software, and online financial aid
calculators."
For Collegians Only
"Finaid (www.finaid.com), College Board Online
(www.collegeboard.org), and Fastweb (www.fastweb.com): Cash-poor
collegians can use these sites to track down loans and scholarship money."
Financial Medical Education, by Christine Wiebe.
"Perhaps the most comprehensive service available, at no cost, is a
World Wide Web search. One of the best sites is "The Financial Aid
Information Page" at http://www.finaid.org. The site is sponsored by
the National Association of Student Financial Aid Administrators, and
it provides dozens of links to relevant sites."
www.financialhelp.please
"Following are a sampling of financial websites that may aid in
planning the family's financial future: www.finaid.org This
website is of great use to families seeking financial aid to finance
higher education. Convenient access to information about available
scholarships, grants and loans for private high schools, colleges, and
graduate schools."
Surf Your Way to Campus, by Tim Ostermiller.
"The Internet and World Wide Web are loaded with information about
picking the right school, finding out what each college offers,
getting scholarships, receiving financial aid, and even applying
online! We surfed the Web for some of the most helpful college-info
sites: FinAid® http://www.finaid.org Unless you've recently inherited a
ton of money, you're probably going to need some cash to afford
school. This site is the No. 1 source for financial aid info. It's all
here: scholarship databases that take your survey answers and hook you
up with potential cash; loan payment schedules to print out so you
don't miss payments; sources of aid, including grants and special
contests; and forecasting calculators to determine what you'll need
and when you'll need it."
The Online Connection: Electronic Trails to College, by
Odvard Egil Dyrli.
"Seeking Financial Aid. ... FinAid® (www.finaid.org) - a
comprehensive and independent guide to student financial aid sources
and services."
Using Web Resources to Select and Prepare for College, by Art Mandel.
"http://www.finaid.org/ This site provides by far the best and most
comprehensive information about financial aid found anywhere on the
Internet. This site is sponsored by the National Association of
Student Financial Aid Administrators, an organization of all the
financial administrators in the country. A nice feature of this site
is the links to other programs mentioned earlier in this
article. ... This home page has an impressive list of 80 links,
everything from navigation directions to admission testing, colleges
for students with disabilities, private high schools, and medical,
law, and business graduate school information. The financial aid
estimator is the most comprehensive but also the most cumbersome to
manage. ..."
Cash for college, by Eric Haeberli.
"If you've got money to spare and don't want to give it to an alma
mater you perceive as homophobic, you can always set up your own
scholarship and help needy lesbian, gay, and bisexual
students. Financial Aid for Lesbian, Gay, and Bisexual Students is a
subsection of FinAid® Page Inc. The Web site's publisher, Mark
Kantrowitz, a straight man, says he added the section with help from
several lesbian, gay, and bisexual financial-aid administrators
because he received a lot of requests for it. "Aggregate usage
statistics for that section of the page support that decision," he
says. "For example, about the same number of visitors look at the
lesbian, gay, and bisexual section as look at the sports section." http://www.finaid.org/finaid/focus/lgb.html"
Cutting Costs
"The Financial Aid Information Page (http://www.finaid.org)
provides links to more than 1,000 sites posting scholarship
information."
Tuition.com
"How do you pay for your kid's college? Before doing the campus
visits, tour them virtually through these websites recommended by Ken
Hartman in his book, Internet Guide for College-Bound Students,
published by the College Board. ... FINANCIAL AID: www.finaid.org"
Seeing the Sites: A few choice Web screens will broaden your
view -- and fatten your portfolio, by Ellyn E. Spragins.
"Locating money for college: The Prentice Hall Guide to
Scholarships and Fellowships for Math and Science Students costs
$29.95 at Barnes & Noble. But Mark Kantrowitz, one of its authors,
reveals almost everything about scaring up scholarships, grants and
loans for private high schools, colleges and graduate schools at
FinAid® (www.finaid.org). A key service: a calculator to help you
figure your "expected family contribution", vital for aid
applications. Consultants charge $150 to $250 for such estimates and
advice. You can also find dollars-and-cents answers on an array of
other issues, including how much debt you can afford, which loan deal
is better, and the minimum value for your house, used by many private
colleges to weigh your family's need. In addition to puncturing
financial-aid myths, FinAid® customizes its advice for special groups,
such as older, foreign, and disabled students. But the site's not just
for do-it-yourselfers. You'll find links to other sources of aid
information as well as to consultants and commercial search services."
WebWatch, by Eileen Flick.
"Why use the web, rather than the still very useful and plentiful
scholarship books found in most libraries? Two words: convenience and
currency. While it may be necessary to search several books to track
down all possible resources, a gateway site like FinAid® can quickly
pull together a wide range of possibilities. ... So consider books in
tandem with the web. WEB OF THE MONTH: FINAID
http://www.finaid.org/ .. FinAid® is a huge, comprehensive site that
provides free access to a wide variety of financial aid resources. it
was created in 1994 by Mark Kantrowitz, a research scientist at
Justsystem Pittsburgh Research Center, and is sponsored by the
National Association of Student Financial Aid Administrators. FinAid®'s
design is simple and straightforward, with a directory somewhat
similar to that of Yahoo -- and yes, it includes advertising. Among
the several categories, Sources of Aid is particularly useful. ... The
site's section on educational loans links to online counseling,
details on the various lending institutions, and a tool that allows
students to track down a lender's code to complete Stafford and PLUS
loan applications. An online calculator will estimate total college
costs, based on current annual costs plus the number of years until
enrollment. Other calculators can help develop a savings plan, useful
for both parents and collegebound students. Under the category of
Assistance, an interesting link is called "Scam Alert" and offers tips
on how to identify a scam (beware official-sounding names and fees),
and what to do if you think you have encountered one. ... The site
also offers a good annotated bibliography of books on
scholarships. Pros/Cons: With its simple directory tree structure,
this comprehensive site is easy to navigate. Bottom Line: FinAid® is
the single best starting point for the range of free information on
financial aid. "
Financial Aid on the Internet
"Another great site is the Financial Aid Information Page at
www.finaid.com. One of the great features of this page is its many
calculators that can help you calculate almost every figure related to
paying for college, from estimating the cost of college in 2002 to
figuring out how much a $1,200 college fund will be worth in 15
years. Another great calculator can estimate your EFC using either the
federal or a generic methodology. The numbers you'll arrive at won't
be your exact EFC, but they will give you an idea of how much you can
expect to pay and how much you will need to receive from a college."
Help! My kid's going to college!, by Don Anderson.
Business Leader recommended the FinAid® Page as one of four web
sites to visit for additional information.
Digging Out and Saving Up, by Ginger E. McFarland.
"Get a scholarship. An estimated $1.25 billion in
scholarships are awarded each year. You can research them through the
FinAid® Website (www.finaid.org), which offers links to 42 scholarship databases."
In Finding Financial Aid for College, Yahoo Internet
Life named the FinAid® Page the best site for information about student
financial aid, giving it a four-star rating, writing:
"Make FINAID your first stop. This site -- created by Mark Kantrowitz,
graduate student and author of the Prentice Hall Guide to Scholarships
and Fellowships for Math and Science Students -- offers some of
the best "how to" guidance on securing financial aid. Kantrowitz
provides "how not to" advice as well -- including a Scam Alert guide
to spotting dubious scholarships and aid consultants. You will also
find links galore to scholarship databases and student lenders, and
calculators that let you do everything from comparing loan terms to
figuring out how much it will cost to send a kid to college in 25
years. (Answer: about $475,000 for a private college. Yow!)
www.finaid.org ****"
In Dollars for Scholars, Eric Tyson wrote:
"... Fortunately, the Internet has become a great source of
information: If you know where to look online, you'll find plenty of
objective and insightful advice concerning college financial aid. Your
first stop should be The Financial Aid Information Page (FinAid®), a
detailed map to the best financial aid resources on the Internet. This
Web site is maintained by Mark Kantrowitz, author of the Prentice
Hall Guide to Scholarships and Fellowships for Math and Science
Students, and is sponsored by the nonprofit National Association
of Student Financial Aid Administrators (NASFAA). FinAid® provides
information on and links to free scholarship search databases,
financial aid calculators, periodicals of interest, scholarship scams
and how to avoid them, a directory of the home pages of university
financial aid offices, government loan programs, and more."
Scholarships: Fast money or fraud?
"Here are some legitimate sources for information on financial aid:
The National Association of Student Financial Aid Administrators has
set up a Web site that outlines the entire financial aid process for
students and parents (www.finaid.org)."
In Stop throwing away $5,000 a year, Gary Belsky
wrote: "Find out about great scholarship deals on the Internet through
the FinAid® Website (www.finaid.org), which offers links to 42
scholarship databases."
In Clue In to College, College CD-ROMs and Web Sites Offer
Information and Insight, Robin Raskin wrote:
"If you're looking for grants, tuition payment plans, or anything else
related to financial aid, check out FinAid®, from the National
Association of Student Financial Aid Administrators."
The Great Scholarship Safari.
"There's also lots of scholarship info on the World Wide
Web. ... If you have access, you might want to visit --
http://www.finaid.org, the financial aid information page, sponsored
by the National Association of Financial Aid Administrators; includes
a link to FastWEB, a free scholarship identification search."
Web Now was formerly known as I-Way. This magazine is published
six times a year and regularly issues lists of the
top 500 web sites,
listing 17 sites in each of 30 categories. The FinAid® Page has been
listed in two previous issues of I-Way magazine. The FinAid® Page is
ranked 7th in the Consumer category of this issue of Web Now, with an
overall score of 289 out of a maximum 300, with scores of 100 for
content, 93 for design, and 96 for experience. Web Now wrote, in their
review of the FinAid® Page: "A superb collection of information on
scholarships, grants, fellowships, contests, tuition-payment plans,
exchange programs, private loans, scam alerts, and more. Don't leave
for college without it!"
The only other financial aid site to make the cut was the US
Department of Education's Student Guide, which ranked 13th.
In Get College Credit: Apply for scholarship money through
the Internet, Ellen DePasquale wrote:
"Are you looking at a college-tuition bill that causes you to consider
taking a second mortgage? Before you head to the bank, take a seat at
your computer; the Internet could be your safety net. Countless Web
sites offer information on financial aid from a wealth of resources.
You can find government assistance, information on individual schools,
scholarship-search firms, and searchable online databases.
Perhaps the most comprehensive site is FinAid®, the Financial Aid
Information Page (http://www.finaid.com), which is sponsored by the
National Association of Student Financial Aid Administrators. FinAid®
offers numerous links for every financial-aid category listed above
and is well organized and easy to navigate."
"For more specific loan information, check out the Web site run by
financial-aid expert Mark Kantrowitz (www.finaid.org). You can also
find scholarship information on this site."
In Surf the Web for College Dollars, Jim Ellis wrote: "Start
Web surfing at the excellent Financial Aid Information Page. This
comprehensive site is a well-organized trove of information for both
students and the parents who bankroll them. Especially useful is its
rich collection of financial calculators, including programs to help
estimate the amount parents are expected to pay for college under
federal guidelines, various calculations on investments you may want
to tap, and even projections on the cost of tuition at your kid's
dream school four - or maybe five or six - years from now. Simply plug
in your financial data, and the figures pop up on your screen. Keep a
pencil or printer nearby, however, since you can't save personal
information on the pages. ... Great source of general information,
plus an especially rich variety of online calculators."
www.$$$.com, by Elizabeth Razzi and Ronaleen R. Roha.
"Search long enough and you can find financial Web sites that will
knock your socks off. We did the searching for you. ... College
Planning. FinAid®, The Financial Aid Information Page (www.finaid.org).
A powerhouse site for seekers of money for college: Estimate how much
aid you'll qualify for with an online form, connect with college
financial aid offices, link to hundreds of sites - including a
database of more than 180,000 scholarships and lists of student aid lenders."
Hard Lessons: Putting scholarship services to the test, by
David Mederrick.
"... Kantrowitz's site is a good place to go with questions about a
particular service or for general information on common scholarship
scams. ..."
The scholarship scam game, by Mary Lord. Also appears in the
1997 Edition of US News & World Report's America's Best
Colleges, pages 112-113.
"... Tens of thousands of financially frantic families fall prey to
spurious scholarship offers each year, according to Mark Kantrowitz,
an authority on scholarships whose highly regarded Financial Aid
Information Page on the World Wide Web (http://www.finaid.org/) boasts
an extensive scam alert."
How You Can Win the Crowded Race for Scholarships, by Gary
Belsky.
"Also have your child search the Internet for scholarships, using a
computer at home or at school. For instance, the FinAid® Website
(http://www.finaid.org/) can link you to 42 scholarship databases like
FastWEB. It enables users to search for scholarships that match their
individual qualifications and interests, such as hobbies, geographical
region and family background."
Consumer/Personal Resources. Page 27. The Financial Aid Information Page
received a total score of 435/460 points (100/100 Serves Intended
Purpose, 98/100 Depth of Content, 75/75 Navigation, 75/75 Accuracy,
50/50 Accessibility, 37/50 Design/Style, and 0/10
Performance), placing sixth overall. Their review says "Scholarships, fellowships, grants,
loans, and tuition payment plans are just the beginning at the
Financial Aid Information page. Here you can calculate the amount your
family will probably need to contribute, read up on financial aid
scams, and look into studying abroad. This well connected site is
maintained by the author of the Prentice Hall Guide to Scholarships
and Fellowships for Math and Science Students, however the advice
is useful to all.
Use Your Computer to Locate Financial Aid for College,
by Derek Gordon.
"And don't miss the Financial Aid Information Page recently
created by Mark Kantrowitz, a graduate student at Carnegie Mellon
University in Pittsburgh and co-author of the Prentice Hall Guide
to Scholarships and Fellowships for Math and Science Students
($19.95). His site provides an excellent general introduction to the
aid chase plus a number of electronic extras, like a computerized
worksheet that shows how much schools will expect your family to
contribute to the yearly tab for tuition, room, board and fees."
"The Internet's Financial Aid Information Page is a guide to the
most up-to-date financial aid information on the Web. It directs you
to financial-aid book publishers, gives telephone numbers for
questions about federal student aid, and provides information from
university financial aid offices. It also points you to vast databases
of scholarships, student loans, grants, and fellowships."
The August 1995 issue of NetGuide Magazine reviewed the
Financial Aid Information Page and the
Financial Aid FAQ posting as
part of a review of online financial aid information for their
College Roundup issue (Net Worth: Electric School Aid, by
Joanne Charles). This issue of NetGuide Magazine is
especially helpful for its review of the financial aid offerings of
America Online, Compuserve, and Prodigy.
page 77: "The Financial Aid Information Page ... is probably the best
of what the Web offers, with its links to in-depth and helpful
information. The Glossary of Financial Aid Terms is a must-read."
page 87-88: "If you've got Internet access, you should be able
to get to this FAQ, by hook, by crook or anonymous FTP. And if you can
get it, you should - assuming that finding a terrific information
resource on college and graduate school financial aid appears on your
list of life goals. The FAQ ... provides tips on everything from using
financial aid consultants and scholarship search services (don't) to
saving for your child's college education (do - about $400, beginning
at birth and once monthly thereafter). The FAQ also points the way to
offline resources on both general and more specific topics, such as
foundation grants and financing graduate school."
Have I Got a Deal for You, by Linda J. Engelman.
"School Daze ... Use your Web browser and head immediately to the online financial
aid information page. This site is exceptional, offering information
on scholarships, fellowships, and grants plus links to lots of other
monetary sources.
For example, there are links that take you to various university
financial aid offices and to free documents that can be downloaded and
printed to a PostScript printer. You'll find specific information on
educational funding for women, minorities, and graduate students.
There is one annoyance about this site - its URL address is so long
you just might want to forget about college altogether by the time you
get to the information. However, if you can get past that little
hurdle, you'll find it to be a very worthwhile stop along your Net
journey."
"One of the best finds there for students and their parents is the
Financial Aid Information Page, a repository for university listings
of scholarships, fellowships, and grants for undergraduate and
graduate students."
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