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EFC and FAFSA might seem confusing, but these simple-enough terms will help you figure out how much need-based financial aid you could receive for college — all you’ll need is some middle ...
With many colleges requiring deposits from prospective freshman students on May 1, the clock for families still unsure about which college to choose is ticking. For many, the choices will break ...
While many college students rely on their parents to help them pay for their education, not every parent is able to provide financial contributions toward school. However, dependent students will ...
However, different types of financial aid have differing effects. Grant awards tend to have a stronger effect on enrollment rates. [72] Changes in tuition and financial aid affect poorer students more than they affect students with higher incomes. [72] In terms of race, changes in financial aid affect black students more than it affects white ...
College savings plans. If your parents have saved up money in a 529 plan or another financial account, you can use that money to pay for qualified educational expenses on a tax-free basis. Talk to ...
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.
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