0
Want this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
What is the income maximum for financial aid?
There is none.
Does the governement offer financial aid for students?
The goverment does indeed offer financial aid for students who qualify. Normally, students from lower income families are the ones who qualify for goverment financial aid.
Do you report child support for financial aid?
Yes, child support counts as income for the purposes of filing your FAFSA and applying for financial aid.
What is the best financial aid for students?
You can apply for fafsa in order to get financial aid. They usually cover most of the cost for low income famalies.
Does a parent's income count against 17-year-olds applying for financial aid for students?
Yes, a parent's income does count when a 17-year-old is applying for financial aid for students. The Free Application for Federal Student Aid (FAFSA) requires information about the parent's income and financial situation to determine the student's eligibility for federal student aid.
What universities offer cheap online degrees?
Different universities offer financial aid programs that can assist in paying for your education. I would decide on what you are interested in studying to help find a school online and then check to see what options they provide for financial aid.
Do student grants have to be reported on income taxes?
ususally that would be no as financial aid is not considered taxable income
Is financial aid and cal grant the same?
Financial aid is a program that offers money to students based on income. The Cal Grant is part of financial aid and you qualify for this grant by filling out your FASFA for the school you are planning to attend.
Can you make a sentence using low income?
Financial aid will be provided for low income students And low income staff. BY:Kayla8989
How do you find out if a college has a financial aid program?
all universities, community colleges, trade schools, technical colleges, etc. have financial aid programs- even typing college, bartending school, court reporting school. One of the best places to find out about fianancial aid is the college financial aid department. The staff need to keep up-to-date with sources of financial aid that can be received from various departments on campus as well as sources of information off campus, such as the Pell Grant from the U.S. Department of Education. One of the first places to look for financial aid information is the financial aid department of any college.
Can you file for income tax using financial aid as an income?
No you cannot due to the fact of it being tax free because its from taxes and financial aid is not a earned income its a gift. The above is hogwash. There are many types of financial aid. I am unaware of any that are considered a gift, although that in itself would make little difference as gifts are normally taxable. ALL INCOME IS TAXABLE, not just earned income. Depending on the type of financial aid, the one giving it can provide details on how they will report it, and combinned with your other taxation factors 9marital status, dependents, other income, etc), will determine if it is taxable and if you actually pay tax on it.
Do all colleges an universities offer some sort of scholarships to prospective students?
Most if not all colleges will offer some kind of financial aid. In searching for scholarships to prospective students, a large number of different colleges and universities came up. Of course, if there is not anything for the specific school for which one needs financial aid, there is government financial aid available with FAFSA or other government financial aid programs.
