Category: financial aid
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Financial Aid Calendar
January Submit the FAFSA as soon as possible after January 1. Be sure to list the schools you are considering (up to six) on the application. Estimate the required tax information if you have not yet filed. And don’t forget to check out our Tips on Completing the FAFSA. Submit state financial aid applications, if…
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STUDENT LOANS
When scholarships and grants aren’t enough to cover your college costs, student loans can help you fill in the gaps and provide the remaining financial aid you need. Student loans come in two principal varieties: government-issued federal student loans and non-federal private student loans. FEDERAL STUDENT LOANS Federal student loans are issued by the U.S. Department of Education to help students pay…
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Financial Aid
Financial aid, also sometimes referred to as student aid, is financial assistance available to students to help pay for college, graduate school, and other post-secondary studies. Financial aid can be either need-based or non-need-based. Need-based financial aid is awarded to students who demonstrate financial need, as measured by the income and financial thresholds established by whatever agency…
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Financial Aid Glossary
Academic Year September through May, when most schools are in session. Accrual Date The date when a loan’s interest charges begin to accrue. ACT Standardized multiple-choice test administered to high school students. Colleges may use ACT scores to determine admission eligibility. The ACT is administered five times a year and is designed to measure academic…
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Financial Aid Questions
Financial Aid FAQs and Answers Am I eligible for financial aid? Just about everyone qualifies for some type of financial aid. In fact, over 8 million students receive financial aid every year. Even if you’re not a straight-A student or a star athlete, you may be eligible for more aid than you think. To see if…