Yes, you can. Part of determining eligibility for financial aid is your "cost of attendance" (COA). The COA includes tuition, books, fees, and estimated living expenses. Your total financial aid, including the free tuition you're getting from the school can't exceed the COA. You can receive other aid up to the unmet cost. This will probably be in the form of student loans or work-study depending on your financial situation. The financial aid office can tell you what your options are.
A parent is never obligated to pay for college. However, if a student is a dependent student, then the federal government will award less financial aid to that student because it assumes that the child's guardians will contribute towards educational expenses.
It depends on your school's financial aid policy, but an EFC of zero will most likely get you the maximum need-based financial aid in terms of grants. A family unable to contribute to their child's college expenses may not have the credit to cosign a student loan, but it may not be necessary since you will likely qualify for enough grants to cover expenses. Merit-based financial aid is a different story entirely, but you may be able to make up some of your expenses with that as well.
Your EFC is not the amount of money your family will have to pay for college nor is it the amount of federal student aid you will receive. It is a number used by your school to calculate the amount of federal student aid you are eligible to receive.Typically, the lower your EFC, the more financial aid you will receive.Once you know your EFC, you can estimate the amount of financial aid you are eligible for at any college: Simply subtract your EFC from the college's total cost of attendance. Once you know how much financial aid you may receive, you can begin to compare the cost of attending different colleges.
There is no "age" that makes it so that you don't have to pay for college classes. However, students that are 24 years or older qualify as independent students and are typically eligible for more financial aid than dependent students.
A lower EFC usually indicates that you will be eligible for more financial aid. EFC stands for Expected Family Contribution. The is an index number that college financial aid staff use to figure out how much financial aid you are eligible to receive if you go to their school. Your EFC is figured out after you report information about your specific situation on the FAFSA. It is based on a formula established by law. This formula considers your family’s taxed and untaxed income, assets, benefits, family size, and number of family members attending college. Your college figures out how much need-based aid you will receive by subtracting your EFC from your Cost of Attendance. Your EFC is not how much financial aid you will receive, nor is it how much money you will have to pay for college.
no
No. The FAFSA is a statement of your financial status. It is used to calculate an estimated amount that you and your husband can afford to contribute to her college expenses. It is also used to calculate how much she can afford to pay. Any amount over that is eligible for Federal Financial Aid.
Genworth Financial can help me plan for my child's college education. They can help with investing for the future and any other expenses that may arise.
Financial aid is money you receive to help pay off your expenses. It can be in the form of loans, grants or scholarships. Loans have to paid back later.
Anyone may be eligible for scholarships at high school or college. However, every scholarship will have a set of requirements that must be met in order to receive the financial help.
Each college and university that is eligible to award financial aid has a code particular to that specific school. This code is different from that of the college code. The financial aid code should be readily available on the form, and on the web site if you are applying online (which you should be doing).
Yes, you can. More in depth, although, it depends on your financial need. If you live in America you need to fill out a FASFA (fasfa.ed.gov) and list the school you wish to attend on there. If you are eligible for financial aid, your school will offer it to you. Generally, the easiest way to find out if you're eligible is to talk to the community college's financial aid office.
It's when you finish the bachelor's degree that you are no longer eligible for financial aid. However, you must show academic progress toward your degree.
No doubt you have already spoken with a financial aid counselor at the college/univ. you will be attending in the Fall. If not, do that 1st and find out if there are scholarship funds that the college/univ. has available for just its students for which you may be eligible. Telephone or talk with a financial aid counselor in person.
A parent is never obligated to pay for college. However, if a student is a dependent student, then the federal government will award less financial aid to that student because it assumes that the child's guardians will contribute towards educational expenses.
Yes, the Pell Grant can be used at Northwest Lineman College. The Pell Grant is a federal student aid program that provides financial assistance to students for education and training. Northwest Lineman College is an eligible institution where students can use their Pell Grants to help cover the cost of tuition and other educational expenses.
It depends on your school's financial aid policy, but an EFC of zero will most likely get you the maximum need-based financial aid in terms of grants. A family unable to contribute to their child's college expenses may not have the credit to cosign a student loan, but it may not be necessary since you will likely qualify for enough grants to cover expenses. Merit-based financial aid is a different story entirely, but you may be able to make up some of your expenses with that as well.