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In other words, funds for merit-based scholarships are taking away from the already small amount of federal aid available to low-income students who simply cannot pay for college without some kind of financial aid. In recent years, the government has responded to the financial crisis students are facing and therefore passed legislation that ...
There’s one form prospective and current college students must submit in order to receive federal financial aid, and it looks a lot different than in prior years. The new FAFSA: What you need to ...
The already stressful college admissions process was thrown into chaos this year by a botched bureaucratic upgrade. Hiccups and delays in the federal financial aid process have kept some high ...
Education Secretary Miguel Cardona said he’s “very confident” households will be able to start applying for federal financial aid by Dec. 1, just weeks after officials pushed back the launch ...
In the United States, college is funded by government grants, scholarships, loans. The primary grant program is Pell grants. [53] [15] Student loans come in several varieties, but are basically either federal loans [54] or private student loans. Federal loans are either subsidized (the government pays the interest) or unsubsidized.
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 ...
Fewer low-income students applied for college financial aid for the current school year after the rollout of an updated version of the Free Application for Federal Student Aid, known as the FAFSA ...
The Free Application for Federal Student Aid (FAFSA) is a form completed by current and prospective college students (undergraduate and graduate) in the United States to determine their eligibility for student financial aid.