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  2. Pell Grant - Wikipedia

    en.wikipedia.org/wiki/Pell_Grant

    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.

  3. The new FAFSA: What you need to know to get financial aid for ...

    www.aol.com/news/fafsa-know-financial-aid...

    In fact, the Department of Education has created an online tool that can help estimate how much a student will receive in federal financial aid – including Pell grants, loans and work-study ...

  4. Expected family contribution - Wikipedia

    en.wikipedia.org/wiki/Expected_Family_Contribution

    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.

  5. Student financial aid in the United States - Wikipedia

    en.wikipedia.org/wiki/Student_financial_aid_in...

    The following types of federal financial aid are available to graduate and professional students. Aid for these students is primarily loans. The William D. Ford Federal Direct Loan (Direct Loan) Program: Eligible students may borrow up to $20,500 per school year.

  6. Millions of college students in limbo after aid application ...

    www.aol.com/news/colleges-now-wont-receiving...

    Normally, schools receive student data from the Free Application for Federal Student Aid, or FAFSA, in late fall or early winter, soon after students start receiving the applications themselves ...

  7. How much financial aid can you get? - AOL

    www.aol.com/finance/much-financial-aid-002201280...

    You can complete the Free Application for Federal Student Aid (FAFSA), which opened in December 2023 instead of October, to determine how much federal aid you potentially qualify for in the ...

  8. Federal Direct Student Loan Program - Wikipedia

    en.wikipedia.org/wiki/Federal_Direct_Student...

    Over the average length of repayment which is 19 years, 250,000 students default on their loans each quarter while 1.5 trillion outstanding dollars are still supposed to be paid. [3] Defaulting can disqualify a student for any additional Title IV federal student aid in the future. [2]

  9. Decision time nears for college-bound students though many ...

    www.aol.com/decision-time-nears-college-bound...

    "We are still seeing students commit without having a financial aid package in hand." GoErie.com and Erie Times-News journalist David Bruce is shown in Erie on June 7, 2023.