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For off-campus housing – the expense is allowed up to the amount allowed for on-campus room and board, as determined by the school, that was included in the cost of attendance (for federal financial aid purposes) for a particular academic period and living arrangement of the student. [1] 529 plan qualified expenses for off-campus housing are ...
Jobs: A part-time job or paid internship can help cover extra costs associated with college. If you don’t qualify for a work-study job through your FAFSA application, consider a part-time ...
For unmarried students under 24, Congress mandates that parental income and assets be included. The resulting figure is the student's "need". Colleges attempt to provide students with enough financial aid to meet all student need, but in most cases are unable to do so completely. The result is "unmet need".
More than 13 million students rely on the Free Application for Federal Student Aid, or FAFSA, each year to access $120 billion in grants, work study, student loans and other financial aid.
A 529 college savings plan can be a great way to help your future student cut down on student loan costs. Plus, these special savings plans provide some valuable tax benefits, making them ...
As part of the U.S. federal government's response to the COVID-19 pandemic, the Federal Student Aid (FSA) office initiated a temporary pause on student loan payments alongside a 0% interest rate. [2] In June 2020, the DOE announced that MOHELA was one of five servicers that would help oversee the federal student loan portfolio in order to bring ...