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February 04, 2009 08:30 PM

How do I know if I qualify for financial aid?

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February 04, 2009 09:08 PM
For school? It's determined by your income, or if your parents still claim you on their taxes, then by their income. The best way to find out is to go to a financial aid advisor on campus and speak to them. You will need copies of your last tax return and you will most likely have to fill out a FASFA. You will also have to fill out forms specific to your state so as to qualify for any state aid that is offered.

Also check with your school for grant opportunities. Grants are money that is awarded based on certain qualifications (merit, income, hardships, gender, race, academic interest, extra-curriculas and a million other things!). Grants are smaller amounts of money usually but do not have to be paid back.

Lastly there are always loans. In this economy no one wants to take on a loan but the options for students are usually interest free while you are still attending school. So if you can't qualify for a grant or financial aid these are still an option.


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February 04, 2009 10:16 PM
http://www.fafsa.ed.gov/

http://www.educationquest.org/ has a practice FAFSA form and lots of information about financial aid.

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February 05, 2009 10:18 PM
Two other websites which may help:

www.govbenefits.gov lists any state or federal benefit programs. The anonymous questionnaire will lead you to programs you may qualify for with info to apply.
www.govloans.gov lists federal loan programs.

The Foundation Center has a free course to guide students through tapping organizations and foundations for scholarships and grants.
Source(s):
http://www.govbenefits.gov
http://www.govloans.gov
http://foundationcenter.org/getstarted/training/online/product_online_train...


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