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Types of Financial Aid. Financial aid helps students and their families pay for college. It can cover a range of educational expenses, like tuition and fees, room and board, books and supplies, and transportation. STUDENT LOANS. Student loans are funded by governments or private lenders.
This Loan Payment Calculator computes an estimate of the size of your monthly loan payments and the annual salary required to manage them without too much financial difficulty. This loan calculator can be used with Federal education loans (Stafford, Perkins and PLUS) and most private student loans. (The loan calculator can be used to calculate ...
FERPA does not require the school to disclose the parent’s financial records to the student. (See 34 CFR 99.4, 34 CFR 99.7, 34 CFR 99.10, 34 CFR 99.12 (b), 34 CFR 99.31 (8) and 34 CFR 99.32 for details.) The health or safety emergency exception allows disclosure without consent where the information that is disclosed will help prevent or ...
The Department of Veterans Affairs provides information on educational benefits for veterans and their dependents. Of particular interest is the Survivors’ and Dependents’ Educational Assistance Program (DEA). It provides up to 45 months of education and training opportunities to eligible dependents of certain veterans.
Call the Federal Student Aid Information Center (FSAIC) at 1-800-4-FED-AID (1-800-433-3243) or 1-800-730-8913 (if hearing impaired) and ask for a free copy of The Student Guide: Financial Aid from the US Department of Education. This toll free hotline is run by the US Department of Education and can answer questions about federal and state ...
For financial aid purposes, custodial accounts are considered assets of the student. This means that custodial bank and brokerage accounts have a high impact on financial aid eligibility.However, since 2009-10 the treatment of custodial 529 college savings plans has been more favorable.
Federal Student Aid. Non-traditional students should submit the Free Application for Federal Student Aid just like younger students. Federal student aid generally does not have any age restrictions. The main exception is the Coverdell Education Savings Account, which requires the funds to be used by the time the beneficiary reaches age 30.
Scholarships for current high school seniors and college bound students. Scholarships for the Class of 2026. Scholarships for high school students starting senior year in the Fall 2025. Scholarships for College Students. Freshman, sophomore, junior, senior and graduate student scholarship opportunities.
Section 529 plans, also known as Qualified Tuition Programs (QTP), are among the best ways of saving for your children’s college education. There are two types of section 529 plans, prepaid tuition plans and college savings plans. Military Aid. There are aid and benefits for active military personnel and veterans.
The Expected Family Contribution (EFC) calculator previously helped in estimating the student and the family’s contribution towards the cost of attending college for an academic year. Beginning with FAFSA year 2024-25, the Student Aid Index (SAI) has replaced the Expected Family Contribution (EFC) formula. The SAI is similar to the EFC with a ...