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The Free Application for Federal Student Aid, better known as the FAFSA, has long been due for an update. On December 30, a new version of the form was released – a culmination of changes ...
Pay attention to school FAFSA requirements as well, as they may all have different deadlines. Even if you’re not starting school until the spring semester, apply as early as possible to maximize ...
Oct. 3—Changes are on the way this year for the Free Application for Federal Student Aid, more commonly known as FAFSA. The University of Texas Permian Basin is here to help explain the changes ...
Scholarships may have a financial need component but rely on other criteria as well. Some private need-based awards are confusingly called scholarships and require the results of a FAFSA (the family's EFC). However, scholarships are often merit-based, while grants tend to be need-based. Scholarships, similar to grants, do not need to be repaid ...
Grants are a type of financial aid that does not have to be repaid. Generally, grants are for undergraduate students and the grant amount is based on need, cost of attendance, and enrollment status. Federal Pell Grants are designed for low- and middle-income undergraduate students. Pell Grants for the 2023–2024 school year range from $750 to ...
have signed the certification statement stating that: 1) they are not in default on a federal student loan and do not owe money on a federal student grant and 2) federal student aid will only be used for educational purposes; have not been found guilty of the sale or possession of illegal drugs while federal aid was being received. [3] (This ...
The FAFSA is a free government application that uses financial information from you and your family to determine whether you can get financial aid from the federal government to pay for college.
Once aggregate limits are met, the student is ineligible for additional Stafford loans until they pay back a portion of the borrowed funds. A student who has paid back some of these amounts regains eligibility up to the aggregate limits as before. Graduate students have a lifetime aggregate loan limit of $138,500.