0
Is it worth the time and efforts to file the annual FAFSA if you know for sure that you are not qualified to receive government subsidized loans?
Wiki User
∙ 11y ago
Yes, it is worth it to fill out the FAFSA because that is the only way to know for sure if you are eligible to receive federal financial aid. It may also help you to receive other merit or needs based scholarships that require you have filled out the FAFSA. Once you have assembled all the necessary paperwork, it takes an average of 17 minutes to fill out the online version of the FAFSA.
Wiki User
∙ 11y ago
Add your answer:
Earn +20 pts
Why is being qualified to lease apartments based on income?
Some apartments receive government funds for providing apartments to lower income families.
Which of these was not part of the Social Security Act?
American citizens' healthcare paid for by the Federal government.
How do I receive an application for a government grant?
How do I receive an application for a government grant?
How can I get a loan from Stafford Subsidized?
You can go onto the Stafford subsidized website and begin the process of getting a long on there. You have to fill out and admissions application for your school and apply for FAFSA. The state will then send you a letter that awards you the right to apply to receive your loan for financial aid.
Do same-sex spouses of active US military personnel receive subsidized health care?
Yes, effective June 26, 2013.
At what age is one eligible to receive Government's grant?
At what age is one eligible to receive Government's grant?
How can I receive EMT Training?
EMT's generally receive their training at community colleges and universities. It usually takes a two year program to become qualified. Others receive their training in the military.
Federal Student Loan Limits?
Federal student loan limits are based upon financial need and year in college. The following loans are available:Stafford dependent undergraduate student loansFirst year total $5,500, maximum of $3,500 in subsidized loansSecond year total 6,500, maximum of $4,500 in subsidized loansThird year, juniors and seniors total of $7,500, maximum of $5,500 in subsidized loansPreparatory course for undergraduate program - $2,625 subsidized loans onlyPreparatory course for professional program -$5,500 subsidized loans onlyTeacher certification -$5,500 subsidized loans onlyTotal maximum loan limit for dependent undergraduate students may not exceed $31,000, with a maximum of $23,000 in subsidized loans.Stafford independent undergraduate student loans:First year - $9,500, maximum $3,500 in subsidized loansSecond year - $10,500, maximum $4,500 in subsidized loansThird year, juniors and seniors - $12,500, maximum $5,500 in subsidized loansPreparatory course for undergraduate program - $8,625, maximum $2,625 in subsidized loansPreparatory course for professional program -$12,500, maximum $5,500 in subsidized loansTeacher certification -$12,500, maximum $5,500 in subsidized loansTotal maximum loan limit for independent undergraduate students may not exceed $57,500, with a maximum of $23,000 in subsidized loans.Stafford graduate and medical student loansGraduate students -$20,500 with a maximum $8,500 in subsidized loans. Total maximum loan limits - $138,500, with a maximum $65,500 in subsidized loans Medical students - $40,500 with a maximum $8,500 in subsidized. Total maximum loan limit of up to $224,000, with a maximum $65,500 in subsidized loans.Perkins Subsidized LoansThe school acts as the lender and uses funds that are provided by the federal government for students who demonstrate an exceptional financial need. Amounts are determined by the student's financial aid office. Maximum limits per year for undergraduate students are $5,500 and $8,000 for graduate students. The total maximum loan limit amount is $27,500 for undergraduate students and $60,000 for combined undergraduate and graduate loans.Graduate and professional student PLUS loansThe PLUS loan is available for students or their parents on the student's behalf. The loan limits are based upon the student's cost of attending school less any other financial aid they receive.
What's the difference in a subsidized and unsubsidized loan?
Stafford Subsidized Loans are federally guaranteed loans based on financial need. Interest does not accrue on the loan while you are in school at least half time, or during any future deferment periods. The federal government "subsidizes" (or pays) the interest during these times. Additionally, there are maximum amounts you can receive per school year. Stafford Unsubsidized Loans are federally guaranteed loans that are not based on financial need. Interest does accrue from the time the loan is disbursed to the school. Additionally, there are maximum amounts you can receive per school year for dependent and independent students. that is it !
Does state government receive all their money from federal government?
No, state governments receive revenue from various sources such as taxes, fees, grants, and investments in addition to funding from the federal government. Each state has its own budgeting process and revenue streams to fund its operations and services.
How do you get the darchma on Poptropica?
you help clean hades on mythology island. you will receive one drachma for your efforts
How do households receive money from the government?
Households receive money from the government that is also known as government assistance. They can receive it in the form of food stamps, public housing, section 8, social security, and unemployment. To receive this kind of help you would have to go through social services.
