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For single moms feeling discouraged about affording the cost of college, there are a number of grants and other aid programs that might make the transition smoother. Tatyana Davis, a single mother ...
Federal Perkins Loan (Perkins Loan) Program: This is a school-based loan program for eligible students with exceptional financial need. 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.
With the Biden administration's federal student loan forgiveness plan at risk of being struck down by the U.S. Supreme Court, many borrowers might be considering other options to reduce or ...
A Pell Grant is a subsidy the U.S. federal government provides for students who need it to pay for college. Federal Pell Grants are limited to students with exceptional financial need, who have not earned their first bachelor's degree, or who are enrolled in certain post-baccalaureate programs, through participating institutions.
The three most common types of aid are grants, loans, and work-study funds. Grants are a type of financial aid that does not have to be repaid. Generally, grants are for undergraduate students and the grant amount is based on need, cost of attendance, and enrollment status. Federal Pell Grants are designed for low- and middle-income ...
“Direct Loans, Pell Grants, and other federal student aid funds provided to individual students are not impacted by the Jan. 27, 2025, Office of Management and Budget guidance temporarily ...
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