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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".
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 ...
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 ...
Part-time student status is based on taking fewer course credits in a semester than full-time students. Part-time students may choose to pursue part-time studies for a variety of different reasons. A benefit of pursuing higher education as a part-time student is the opportunity to be able to balance learning with work, family and other personal ...
Financial aid: Assists students in post-secondary education affordability including information on the difference between grants, scholarships, work-study, and loans; processing federal and state/provincial government aid, payment plans; minimizing debt and understanding why student loans cannot be discharged; the benefits of federal versus ...
Black students currently make up only 5.45% of the student population while white students make up 76.4%, according to the most recent data online. Meanwhile Black Missourians make up about 11% of ...