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Must have graduated from a Delaware High School and have obtained a 2.5 GPA in high school (on a 4.0 scale). [1] The student must maintain at least a 2.5 GPA throughout college as well. [1] Gain admission to Delaware Tech or the University of Delaware and satisfy their respective admissions standards. [1]
Students out-of-state can be expected to take classes at 2.5 times the cost as in-state students. [17] Although a more expensive option for out of state residents, in-state students are eligible to apply for the Delaware SEED Scholarship, [18] which is intended to reduce the burden on the student to just books and course fees. [19]
In the U.S., a grant is given on the basis of economic need, determined by the amount to which the college's Cost of Attendance (COA) [6] [7] exceeds the Expected Family Contribution (EFC), [8] calculated by the U.S. Department of Education from information submitted on the Free Application for Federal Student Aid following formulas set by the United States Congress.
In 2017, a federal endowment tax was enacted in the Tax Cuts and Jobs Act of 2017 in the form of an excise tax of 1.4% on institutions that have at least 500 tuition-paying students and net assets of at least $500,000 per student. The $500,000 is not adjusted for inflation, so the threshold is effectively lowered over time.
Study comparing college revenue per student by tuition and state funding in 2008 dollars. [50] College costs are rising while state appropriations for aid are shrinking. [citation needed] This has led to debate over funding at both the state and local levels. From 2002 to 2004 alone, tuition rates at public schools increased by just over 14% ...
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[13] [14] [15] SwiftStudent, a free service, provides template letters for college students. [13] [14] [15] Some well-to-do colleges have need-based aid of their own to distribute, in addition to federal and state aid (if any). These colleges require, in addition to the FAFSA, the CSS Profile financial form, which goes into greater detail. [16]
Tulane University (only in-state first-year students below an income threshold have the full need met) [53] University of California, Los Angeles (only in-state students have the full need met; out-of-state students don’t receive financial aid) [54] University of Chicago [55] University of Delaware (only in-state students have the full need ...