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The standard answer to most financial aid questions is "It depends..." The original purpose of financial aid was to "bridge the gap between what college costs and what a family can afford to pay". If we're looking at an expensive college and a family with a lot if income and assets, financial aid probably won't cover much of the cost. But if we're looking at a less expensive college and a family with low income and assets, financial aid will probably cover a good portion of the college costs. I hope it helps! Good Luck!
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Is the FAFSA calculator used to determine how much financial aid my child can get for college?
The FAFSA calculator will help you determine how much financial aid your son will need to attend college. Other factors include which school and if housing is needed.
How can I get financial aid?
Billions of dollars in financial aid is available to those who need help paying for college. Learn more about student aid and college tuition at collegeboard.com.
Where can I get financial help to pay for community college?
There is lots of help to be had with financial aid for different colleges. Here is a website address with lots of information on financial aid that will help you out www.finaid.org.
Is federal financial aid open to everyone?
The federal financial aid is open to everyone that has a social security number and is a legal resident. Most financial aid is used for college students that need help paying for college.
Where can one obtain financial aid for Hampshire College?
Financial aid for Hampshire College can be obtained directly from the college or through a state financial aid program. The college can assist students with applying for financial aid and answer questions about how to apply and what to expect.
What do you need to know about Financial Aid?
If you believe a college education is out of your reach, think again. A tremendous number of financial resources can help make your dream of a college degree a reality. The key is educating yourself about the financial aid process. Start by familiarizing yourself with the most common types of financial aid. The two basic categories are gift financial aid in the form of scholarships and grants; and self-help financial aid in the form of student loans and work-study programs. Financial aid can be federal- or campus-based. Most students use a combination of the two.
What is financial aid for college?
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.
How do you learn about applying for financial aid online?
There are many types of college financial aid programs ranging from student loans, grants to scholarships. I think it would save you a lot of time if you first sought help from the college you are going to attend. The financial aid counselors will help you determine what programs you would most be eligible for and most likely receive.
What are some ways students can find financial aid and scholarships for college?
Some ways for students can find financial aid, and scholarships for college just happens to be getting a full-time job. They will help you with those type of situations.
Can you get financial aid with an EFC of 17060?
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.
If you live out of state are you elligible for financial aid?
I'm assuming you are in college. The answer is yes. Simply visit your college financial aid department for informantion.
How much money can you get for financial aid based on your EFC on the FAFSA?
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.
