The only possible to bar to receiving federal financial aid is if you were convicted of a felony drug charge (possession or sales) WHILE receiving financial aid. Any other felonies, or any drug felonies that did not occur while you were receiving financial aid will not prevent you from receiving federal financial aid. If you were convicted of a drug felony while previously receiving federal financial aid, then you must have completed a drug rehabilitation program in order to restore your eligibility.
marriage wont affect financial aid
academic suspension how does it affect financial aid
NO!
Yes, as long it is not drug related and its not a felony warrant.
In a positive way.
Im applying for financial aid for my house payment. will it effect my credit score
Not Likely as you will probably be turned down for financial aid as well.
Financial aid is based on need. Whether you join a sorority or not should not affect the amount of financial aid you receive, as your need should stay the same.
Yes since you may wonder whether you will be able to work to pay for expenses not covered by your financial aid.
Yes it does affect the child from getting financial aid.Mainly because you are a defaulter.
It depends on the type of felony. I would contact the Financial Aid department at your school of interest, and they will give you appropriate direction. Still, I have been told that individuals convicted of a felony can receive aid in many cases.
Yes, college savings accounts can affect financial aid eligibility. When calculating financial aid, colleges typically consider the assets of both the student and their parents. Funds in a college savings account, such as a 529 plan, are counted as assets, which can reduce the amount of need-based financial aid awarded. However, the impact varies based on the specific financial aid formulas used by different institutions.