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Financial aid is available in the form of student loans, grants and work-study. The amount you’re eligible for depends on your enrollment status and year of study, how much your family is ...
The amount of military aid a student receives for a college education does not defer eligibility or reduce the amount of student aid that student could receive from the four federal grant programs – Pell, SMART, FSEOG, and TEACH – and many of the state student aid programs.
Campus-Based Aid includes types of aid that schools are responsible for administering on behalf of the federal government. Federal Perkins Loans are low-interest loans made through a school’s financial aid office using federal funds. Undergraduate and graduate students with exceptional financial need are eligible to receive a Federal Perkins ...
Students may qualify for a Perkins Loan of up to $8,000 each year depending on financial need, the amount of other aid received, and the availability of funds at the school. Each college has a set amount of Perkins Loans for its students; there has been controversy over the formula that is used to apportion the loans to colleges.
In order to remain eligible for financial aid, you need to resubmit the Free Application for Federal Student Aid (FAFSA) for every year you’re enrolled in school. However, it’s not necessary ...
The cost of one year at an in-state, four-year college keeps rising each year — surpassing $20,000 during the 2016-2017 school year.
The federal government does not distribute aid directly to the student or the student's family; it goes through the college. Colleges use the student's federal student aid eligibility and combine it with state financial aid (if any) and their own aid to create a financial aid package for the student.
In Missouri, more than 125,000 college students qualify annually for the federal Pell Grant, which does not have to be paid back. How streamlined FAFSA financial aid form will help more Missouri ...