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In order to receive federal student financial aid, students must meet the following criteria: have maintained a Satisfactory Academic Progress (SAP); [1] [2] be a U.S. citizen, a U.S. national, or an eligible non-citizen; have a valid Social Security number; have a high school diploma or GED;
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 undergraduate students. Pell Grants for the 2023–2024 school year range from $750 to ...
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 ...
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Parents and students like Jacob Morales, a senior, had come to the high school cafeteria to get help filing out their college financial aid forms — a long and complicated process that this year ...
At Robert M. La Follette High School in Madison, Wisconsin, some college-bound seniors are still scrambling to submit their federal financial aid forms – but it’s not for lack of trying.
There are a number of free calculators on the Web to help applicants estimate the EFC before filing the FAFSA. Recipients of need-based financial aid must reapply for each year by completing a new FAFSA. The term and concept of Expected Family Contribution was replaced by the term Student Aid Index (SAI) in 2024. [2]
Penn Foster High School is a for-profit online high school based in Scranton, Pennsylvania, United States. The high school is regionally and nationally accredited and is the largest high school by enrollment in the United States. [1] It offers a high school diploma program and several high school concentration programs, including an early ...