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What amount of financial aid could be expected from a state school for an honors student and athlete?
Wiki User
∙ 12y ago
Students that may be eligible for scholarships for honors and sports may vary per student. The cost of college could be reduced depending on this information. It may be beneficial to call schools that the student is interested in and speak to admissions about their qualifications.
Wiki User
∙ 12y ago
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What is the amount of financial aid for a freshman?
Contact your student aid for the answer. This is your best option.
What are the general terms of a loan taken out for school?
The student is able to receive a loan, likely through the school's financial aid department, and loan amount is based on the previous year's taxes analyzed by the student's FAFSA submission. After the completion or exit from the school, the student will be expected to begin payments on the loan. The monthly payments are based on the amount of debt acquired by the loans during the school year.
How can you get your student financial aid balance?
Contact the financial aid office at the school you are attending. They will be able to give you the exact amount.
What does EFC 5004 mean?
EFC stands for Expected Family Contribution, which is the amount of money a student's family is expected to contribute towards their education expenses. The number 5004 represents a specific dollar amount that has been calculated based on the student's family's financial information and the government's formula for determining financial need. This means that the student's family is expected to contribute $5004 towards their education expenses.
How much will student loan bill be?
The amount of your student loans will be determined by the following: 1. Which college you choose; Community College, State University, Private University, Graduate School, etc. 2. How much financial aid you quality for 3. Expected family contribution Begin by filling out your FASFA application; see related links
Can you take out student loans if your parents have unfiled income taxes?
You can but as soon as your parents file their taxes you will have to amend your FAFSA application and it may alter the amount for which you are eligible in student financial aid.
Applying for a Pell Grant?
The rising costs of college expenses has caused many students to seek for financial assistance from the federal government. The federal Pell Grant is a need-based education grant available to eligible low-income undergraduate students. To qualify for the Pell Grant, a student must complete the Free Application for Federal Student Aid and submit it to the Department of Education. A student is informed by her school whether she qualifies for the Pell Grant, and the amount to be awarded. The Pell Grant award can be used towards all college expenses, including tuition, books, and housing costs.EligibilityEligibility for a Pell Grant is dependent upon a student's expected family contribution. The expected family contribution determines how much money the federal government expects a student's family to contribute toward educational expenses. The income and assets of the student and her parents are used to calculate the expected family contribution. A student is ineligible to receive a Pell Grant if her expected family contribution surpasses a certain level.Pell Grant Award AmountThe award amount an individual receives in the form of a Pell Grant is determined by the student's financial need and cost of attendance. The student receives an award letter in the mail, which states the amount of aid granted. As of the 2011-2012 award year, the maximum Pell Grant amount a student can receive is $5,550. The enrollment status of a student also determines the award amount. Full-time students receive a larger award than part-time students. A student with a parent who died during military service in Afghanistan or Iraq after Sept.11, 2001 is also eligible for the full Pell Grant amount.DisbursementA Pell Grant is usually divided into two parts, one-half given in the fall semester and one-half given in the spring semester. The award is given to your school. Your school then applies the funds to your student account. In most cases, the amount of your tuition and related expenses are automatically deducted from the available funds. Any part of the award remaining is given to you as a financial aid refund.
What financial requirements do I need to meet for an Australian student visa, and are there any scholarships available?
the living cost amount of A$24,505 for a student and the accompanying family members (A$8,574 for an adult and A$3,670 for a child) for the first 12 months or pro rata amount.
Can the government pay for college tution?
A student can apply for financial aid through the federal government by filling out a FAFSA application. The FAFSA will determine the amount of Federal Student Loans (Stafford Loans) and Federal Grants that the student is eligible for. Sometimes this will cover the entire cost of tuition depending on financial need and the cost of the school.
What do you know about the amount of funding Canadian summer Olympics athletes get from the government?
the amount an athlete gets is nothing. They do not get paid only if the athlete won a medal they get a certain amount of money
What does it mean if your efc number is 00114 on your fafsa?
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.
What does it mean if your efc number is 002668 ?
An EFC number is the "expected family contribution", or the amount a family is expected to pay for their student's college education. It short, the EFC has an effect on how much federal grant money you will be given for college expenses.
