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For unmarried students under 24, Congress mandates that parental income and assets be included. The resulting figure is the student's "need". Colleges attempt to provide students with enough financial aid to meet all student need, but in most cases are unable to do so completely. The result is "unmet need".
A Cornell University student walks along the campus in Ithaca, N.Y., on Dec. 16, 2021 (AP) ... when it “deprived of the value of the benefits and services the fees were intended to cover ...
These students might not have access to the tools or assistance they need to deal with the challenges of submitting a financial aid application. [ 26 ] [ 27 ] The problems with the FAFSA resulted in a congressional hearing where witnesses reported that the multiple errors and delays in releasing data to colleges and universities could ...
Enrollment status: You’ll get less financial aid as a part-time student than a full-time one. Cost of attendance: Each school has its own cost of attendance, which comes from tuition, fees, room ...
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.
Even though borrowers have until Dec. 31, 2023, to apply for student loan forgiveness, many are not waiting to start the application process. By applying now, borrowers who received Federal Pell...
Student loans may be discharged through bankruptcy, but this is difficult. [2] Research shows that access to student loans increases credit-constrained students' degree completion, later-life earnings, and student loan repayment while having no impact on overall debt. [3]
The University of California, Santa Barbara (UC Santa Barbara or UCSB) is a public land-grant research university in Santa Barbara County, California, United States. [11] Tracing its roots back to 1891 as an independent teachers' college, UCSB joined the University of California system in 1944.