Author: administración

A Louisiana bill would require college students to repay their TOPS (Taylor Opportunity Program for Students) scholarship money if they drop out or lose eligibility. House Bill 385 (PDF File), would apply to students graduating high school during or after the 2025-2026 school year.Students can lose scholarship eligibility for many reasons, including failure to maintain a cumulative 2.3-2.5 GPA for TOPS Opportunity and a 3.0 GPA for TOPS Performance. Students would also become ineligible if they drop below a 2.0 GPA in any given semester. This means, even if you wanted to course correct after one bad semester, you’d be on…

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Key PointsNo federal law requires students to report private scholarships to their college. The reporting requirement comes from college policies, not government regulations.Colleges often practice scholarship displacement (reducing their own grants when students win outside scholarships) which can erase the financial benefit of winning a scholarship.At least five states (Maryland, New Jersey, Washington, Pennsylvania, and California) have passed laws restricting scholarship displacement, and federal legislation has been proposed. Students who spend hours applying for private scholarships expect those awards to lower their college costs. But at many schools, winning an outside scholarship triggers a process called scholarship displacement, where the…

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The big picture: Fidelity Investments is expanding its list of ETFs subject to a $100 purchase fee, growing from roughly 27 funds to more than 120. The updated list takes effect June 1, 2026, and targets ETF issuers that do not pay Fidelity a direct, asset-based fee to support platform availability. Why it matters: The fee structure has drawn accusations of a “pay to play” model. If an ETF issuer doesn’t have an agreement with Fidelity, the $100 service charge gets passed directly to the investor on each purchase. That forces smaller fund managers into a choice: pay Fidelity or…

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