October 19, 2016 By:
Click Link for Details http://blog.ed.gov/2016/10/10-myths-fafsa-financial-aid/?utm_content=sf50237523&utm_source=twitter&utm_medium=spredfast&utm_campaign=Federal&sf50237523=1 There’s so much information available about financial aid for college that it can be hard to tell the facts from fiction. We’ve got you covered! Here are some common myths about financial aid and the Free Application for Federal Student Aid (FAFSA®)—and we’ll give you the real scoop. MYTH 1: My parents make too much money, so I won’t qualify for any aid. FACT: The reality is there’s no income cut-off to qualify for federal student aid. It doesn’t matter if you have a low or high income, you will still qualify for some type of financial aid, including low-interest student loans. Many factors besides income—such as your family size and your year in school—are taken into account. Your eligibility is determined by a mathematical formula, not by your parents’ income alone. TIP: When you fill out the FAFSA, you’re also automatically applying for funds from your state, and possibly from your school as well. In fact, some schools won’t even consider you for any of their scholarships (including academic scholarships) until you’ve submitted a FAFSA. Don’t make assumptions about what you’ll get—fill out the application and find out! MYTH 2: I have to wait to file my taxes before I can fill out the FAFSA. FACT: No need to wait! You can complete the 2017–18 FAFSA as soon as October 1, 2016 using 2015 income and tax information. It doesn’t matter if you or your parents haven’t filed 2016 taxes yet because the 2017–18 FAFSA doesn’t need that information. You won’t have to update your FAFSA after filing 2016 taxes either, because 2015 information is what’s required. MYTH 3: I support myself, so I don’t have to include my parent’s info on the FAFSA. FACT: This is not necessarily true. Even if you support yourself, live on your own, or file your own taxes, you may still be considered a dependent student for FAFSA purposes. The FAFSA asks a series of questions to determine your dependency status. If you are independent, you won’t need to include your parents’ information on your FAFSA. But if you are dependent, you must provide your parents’ information. MYTH 4: I should wait until I’m accepted to a college before I fill out the FAFSA. FACT: Why wait? You can start now! As a matter of fact, you can start as early as your senior year of high school. You must list at least one college to receive your information. You can list all schools you’re considering even if you haven’t applied or been accepted yet. The schools you list will use your FAFSA information to determine the types and amounts of aid you may receive. If you want to add another school after you submit your FAFSA, you can login at fafsa.gov and submit a correction. You should submit a FAFSA as early as possible after October 1 because some states and schools have limited funds. MYTH 5: If I didn’t receive enough money for school. I’m just out of luck. FACT: You still have options! If you’ve received federal, state, and college aid but still find yourself having to fill the gap between what your financial aid covers and what you owe your school, check out these 7 options. MYTH 6: I should call “the FAFSA people” (Federal Student Aid) to find out how much financial aid money I’m getting and when. FACT: No, you’ll have to contact your school. Federal Student Aid does not award or disburse your aid, so we won’t be able to tell you what you’ll get or when you’ll get it. You will have to contact the financial aid office at your school to find out the status of your aid and when you should expect it. Just keep in mind that each school has a different timeline for awarding financial aid. MYTH 7: There’s only one FAFSA deadline and that’s not until June. FACT: Nope! There are three main deadlines you need to check: your state, school, and federal deadline. You can find the state and federal deadlines on this page. You’ll need to check your school’s website for their FAFSA deadline. Also, if you’re applying to any scholarships that require the FAFSA, they might have a different deadline as well! Even if your deadlines aren’t for a while, we recommend you fill out the FAFSA ASAP to make sure you don’t miss out on any aid. MYTH 8: I can share an FSA ID with my parent(s). FACT: Nope, if you’re a dependent student, then two people will need their own FSA ID to sign your FAFSA online: 1.You (the student) 2.One of your parents An FSA ID is a username and password that you must use to log in to certain U.S. Department of Education (ED) websites. Your FSA ID identifies you as someone who has the right to access your own personal information on ED websites such as the FAFSA. If you are a parent of a dependent student, you will need your own FSA ID if you want to sign your child’s FAFSA electronically. If you have more than one child attending college, you can use the same FSA ID to sign all applications. You’ll need your own e-mail address for each FSA ID. Your FSA ID is used to sign legally binding documents electronically. It has the same legal status as a written signature. Don’t give your FSA ID to anyone—not even to someone helping you fill out the FAFSA. Sharing your FSA ID could put you at risk of identity theft! MYTH 9: Only students with good grades get financial aid. FACT: While a high grade point average will help you get into a good school and may help with academic scholarships, most federal student aid programs do not take grades into consideration when you first apply. Keep in mind that if you want to continue receiving aid throughout your college career, you will have to maintain satisfactory academic progress as determined by your school. MYTH 10: It costs money to submit the FAFSA. FACT: Absolutely not! You NEVER have to pay to complete the FAFSA when you go to fafsa.gov. If you’re paying a fee, you’re not on the official government website.

October 17, 2016 By:
http://www.fastweb.com/financial-aid/articles/Find-Out-if-Your-Dream-School-is-Actually-Affordable?utm_source=socialmedia&utm_medium=network&utm_campaign=20161024_wellesley Education may be more affordable than you think. Let Wellesley’s MyinTuition tool help you anticipate college cost and assist you in your planning efforts.

September 16, 2016 By:
https://studentaid.ed.gov/sa/fafsa/next-steps/how-calculated?utm_content=sf48489997&utm_source=twitter&utm_medium=spredfast&utm_campaign=Federal&sf48489997=1 Click Link for details. So, you’ve filed your FAFSA®, and you’ve checked your Student Aid Report to be sure all your information is correct, and now you’re wondering how that data is used to come up with the list of financial aid for which you’re eligible. If I meet the basic eligibility criteria for federal student aid, who decides how much money I’ll get? What does cost of attendance (COA) mean? What’s the Expected Family Contribution (EFC)? What is need-based aid and how does my school figure out how much I’ll get? What is non-need-based aid and how does my school figure out how much I’ll get? If I meet the basic eligibility criteria for federal student aid, who decides how much money I’ll get? Here’s the short answer: Your eligibility depends on your Expected Family Contribution, your year in school, your enrollment status, and the cost of attendance at the school you will be attending. The financial aid office at your college or career school will determine how much financial aid you are eligible to receive. The financial aid staff starts by deciding upon your cost of attendance (COA) at that school. They then consider your Expected Family Contribution (EFC). They subtract your EFC from your COA to determine the amount of your financial need and therefore how much need-based aid you can get. To determine how much non-need-based aid you can get, the school takes your cost of attendance and subtracts any financial aid you’ve already been awarded. If you’d like the long answer, keep reading! Top What does cost of attendance (COA) mean? Your COA is the amount it will cost you to go to school. Most two-year and four-year colleges will calculate your COA to show your total cost for the school year (for instance, for the fall semester plus the spring semester). Schools with programs that last a different period of time (for instance, an 18-month certificate program) might give you a COA that covers a time period other than a year. If you're attending at least half-time, your COA is the estimate of tuition and fees; the cost of room and board (or living expenses for students who do not contract with the school for room and board); the cost of books, supplies, transportation, loan fees, and miscellaneous expenses (including a reasonable amount for the documented cost of a personal computer); an allowance for child care or other dependent care; costs related to a disability; and/or reasonable costs for eligible study-abroad programs. Top What’s the Expected Family Contribution (EFC)? Your EFC is an index number that college financial aid staff use to determine how much financial aid you would receive if you were to attend their school. The information you report on your FAFSA is used to calculate your EFC. The EFC is calculated according to a formula established by law. Your family's taxed and untaxed income, assets, and benefits (such as unemployment or Social Security) all could be considered in the formula. Also considered are your family size and the number of family members who will attend college or career school during the year. The EFC Formula guide shows exactly how an EFC is calculated. Top Overhead view of college library computer lab Your EFC is not the amount of money your family will have to pay for college, nor is it the amount of federal student aid you will receive. It is a number used by your school to calculate how much financial aid you are eligible to receive. What is need-based aid and how does my school figure out how much I’ll get? Your college or career school first determines whether you have financial need by using this simple formula: Calculating Your Financial Need Cost of Attendance (COA) – Expected Family Contribution (EFC) = Financial Need Need-based aid is financial aid that you can receive if you have financial need and meet other eligibility criteria. You can’t receive more need-based aid than the amount of your financial need. For instance, if your COA is $6,000 and your EFC is 2000, your financial need is $4,000; so you aren’t eligible for more than $4,000 in need-based aid. The following are the need-based federal student aid programs: Federal Pell Grant Federal Supplemental Educational Opportunity Grant (FSEOG) Direct Subsidized Loan Federal Perkins Loan Federal Work-Study Top What is non-need-based aid and how does my school figure out how much I’ll get? Your school determines how much non-need-based aid you can get by using this formula: Calculating Your Non-need-based Aid Cost of Attendance (COA) – Financial Aid Awarded So Far* = Eligibility for Non-need-based Aid *includes aid from all sources, such as the school, private scholarship providers, etc. Non-need-based aid is financial aid that is not based on your EFC. What matters is your COA and how much other assistance you’ve been awarded so far. For instance, if your COA is $6,000 and you’ve been awarded a total of $4,000 in need-based aid and private scholarships, you can get up to $2,000 in non-need-based aid. The following are the non-need-based federal student aid programs: Direct Unsubsidized Loan Federal PLUS Loan Teacher Education Access for College and Higher Education (TEACH) Grant

June 25, 2016 By:
http://blog.ed.gov/2016/05/top-5-questions-about-subsidized-and-unsubsidized-loans/?utm_content=sf46711881&utm_source=twitter&utm_medium=spredfast&utm_campaign=Federal&sf46711881=1 So you filed your FAFSA and got accepted to a college. Congrats! Your school will send you an award letter that lists different types and amounts of financial aid you’re eligible for. These types of aid could include grants, scholarships, work-study funds, or student loans. You might see two types of federal student loans in your letter: Direct Unsubsidized Loan and Direct Subsidized Loan. Some people refer to these loans as Stafford Loans or Direct Stafford Loans or just subsidized and unsubsidized loans. It’s important you know the basics about these two types of loans before you sign to accept either of them. 1. How are they similar? Both are federal student loans offered by the U.S. Department of Education. To be eligible to receive either of them, you must be enrolled at least half-time at your school. Both loans offer a six-month grace period before you’re required to begin repaying them. 2. How are they different? The major differences are interest and how much you can borrow. For subsidized loans, you won’t be charged interest while you’re enrolled in school and during your grace period (about six months). For unsubsidized loans, interest starts accruing (accumulating) from the date of your first loan disbursement. For both types of loans, the amount you can borrow is determined by your school, and they use several pieces of information to calculate your aid. Quick Overview of Direct Subsidized Loans and Direct Unsubsidized Loans Subsidized and Unsubsidized Loan Table Quick Tip: “Unsubsidized” starts with a “U” – think of it like “You” pay the interest on your unsubsidized loan. 3. Which loan should I accept? If you need to accept loans to help cover the cost of college or career school, remember to borrow only what you need. You should accept the subsidized loan first because it has more benefits. If you have to accept an unsubsidized loan, remember that you’re responsible for all the interest that accrues on that loan. 4. What if I don’t need the entire loan amount? You don’t have to accept all the student loans offered to you! It’s OK to accept a lower amount than what you see in your award letter, just talk to the financial aid office at your school. If you need more money later in the year, your school can give you more loan money. 5. What should I do if I have unsubsidized loans? Consider making interest payments right away if you can—it will save you money in the long run. This is because when you graduate or leave college, interest accrued during your time in school gets added to your principal loan amount. So, unless you paid your interest while in school, when you’re ready to repay your unsubsidized loan, interest will accrue on a new, higher principal loan amount. Do you have more questions on Direct Subsidized Loans and Direct Unsubsidized Loans? Go to the FAQs on our website.

April 9, 2016 By:
http://admissionado.com/college/fafsa-changes-action-plan-for-parents/?utm_source=twitter&utm_medium=social&utm_campaign=college_fafsa Everything you need to know if your student is currently a high school junior or senior applying to college. In the past, college applicants have bemoaned the process of applying for financial aid. The way it used to work—and still does, at least for this year—is that students and parents submit the Free Application for Federal Student Aid (FAFSA) between January 1st and July 30th in order to receive financial aid beginning in the fall term, the start of freshman year. The problem is that a lot of applicants have been forced to decide where they’re going to school before they learn how much aid they’ll be receiving. So hypothetically, if you’ve been accepted in-state by a public university and also a highly-ranked private university, you might have to make a decision on where to enroll prior to figuring out exactly how much each one will cost. Major problemo. Enter Secretary of Education Arne Duncan, a knight in shimmering fiscal armor, with two major announcements concerning changes to the system: The earliest date to file the FAFSA will get rolled back from January 1st to October 1st. Aid awards will be based on family’s income from previous fiscal year, rather than the most recent full fiscal year. We’re going to break this all down so you can figure out if the changes apply to you and what they mean. First, we’ll talk about the way the system currently works, which will be useful to students who are applying for financial aid this year. Then we’ll discuss exactly what the new changes mean and how they’ll benefit applicants. Finally, we’ll give you two sample action plans: An action plan for high school seniors and their parents. An action plan for juniors and everyone younger, along with their parents. Cool? Let’s dig in… THE FAFSA RIGHT NOW: As it stands, the FAFSA utilizes your family’s income and earnings from the most recently completed fiscal year in order to determine your student’s eligibility for government financial aid. This aid comes in the form of need-based Pell Grants, Federal Work-Study, and/or loans—Stafford or Perkins, which carry slightly different terms and interest rates. Stafford loans are more common, with Perkins loans reserved for those students with substantial need. Students applying to college during the 2015-16 school year for entrance in the Fall of 2016 will submit financial information from the 2015 calendar year. This information is also officially compiled in your family’s tax return, which is due April 15th, 2015. (Of course you can already see the major issue here! Most college and financial aid decisions are sent on or before April 1st, which is two weeks before the tax return is even due. This is one of the problems addressed by the recent changes—more on that later!) During this application season only, the FAFSA will go live on their website on January 1st, 2016. Filling it out is fairly simple, and it shouldn’t take you and your student more than two hours. Aside from basic information like address and social security number, the FAFSA asks for financial figures: household income, amount of money in bank accounts, net worth, and other factors that affect earnings. All of these will be estimates, with the official stats locked in when the tax return is filed. Finally, your student will have to say what colleges he/she is applying to, since you’ll hear about financial aid awards directly through them, not FAFSA. The financial aid package that arrives from each college contains information on government aid and also aid directly from the school. The official due date for the FAFSA is June 30th, 2016, but most colleges will require you to submit it by March 1st so that they can factor it into their overall aid assessment. Many schools have their own financial aid documents your student will need to fill out in addition, and some schools utilize outside forms, too. The College Board’s CSS profile, usually due along with the main college application, is like The Common App of financial aid forms. The Institutional Documentation Service (IDOC) is also maintained by The College Board and helps gather important financial documents on behalf of participating schools. The IDOC Packet is normally due around the same time as the FAFSA, as requested by each school. After you’ve submitted the FAFSA, you will soon receive your Student Aid Report (SAR). This is a summary of the information you entered into the FAFSA and contains an important calculation known as the Expected Family Contribution (EFC). After crunching the numbers, the FAFSA determines about how much money your family should expect to contribute annually to your student’s education. The difference between your EFC and the cost of attending a certain college is how much your student receives in aid, in a mixture of grants, loans, and/or work-study. In other words: (Cost of College) – EFC = Your Financial Aid Award THE FAFSA CHANGES: The first change to the FAFSA is the date that it goes live, which is getting rolled back three whole months. Starting next application season, the FAFSA will be available on October 1st, 2016. By having applicants complete and submit the form much earlier, FAFSA will be able to send Student Aid Reports to schools in a timely fashion, which will help avoid the potentially awful situation where a student has to decide on a college before fully learning about his/her aid. “But hey, Admissionado!” you shout. “Who cares if my child can submit the FAFSA three months earlier? My family’s official tax return isn’t due until April 15th, 2017!” Well, my friend, that’s covered by part two of the FAFSA change. Starting next application season, the tax info required on the FAFSA will come from the previous year’s return. In other words, if your student is applying to college in the 2016-17 academic year, the FAFSA will utilize your family’s tax return from 2015. You’ll have filed this by April 15th, 2016, so the whole thing will have been processed months before the FAFSA goes live. Let’s give an example to illustrate. You’re son or daughter is a high school senior, and it’s October 1st, 2016. You’re incredibly excited that the new FAFSA has just gone live. After you run around your neighborhood like a latter day Paul Revere, bellowing, “The FAFSA is coming! The FAFSA is coming!” you hunker down in front of the computer with your child to fill it out. When it asks for your family’s detailed financial information, you won’t have to estimate anything! You’ll have the data from your 2015 tax return. Simple as that. Ready to get even more excited? You won’t even have to manually transfer the stats! You’ll be able to use the IRS Data Retrieval Tool, which will automatically migrate the tax return info into your FAFSA. Pretty cool if you ask us. Under the current system, if you’re applying to college during the 2015-16 academic year, then your aid will be based on your family’s tax return from 2015. If you’re applying during 2016-17 under the new system, your aid will also be based on the 2015 tax return. For 2017-18 → 2016 return. For 2018-19 → 2017 return. And so on! A quick summary of the two changes: FAFSA goes live earlier = your student receives financial aid packages sooner. Money stats come from previous fiscal year = no guesstimation while filling out FAFSA + mucho time saved with IRS Data Retrieval Tool. TAKE ACTION! Now that you know the deal, it’s time to get organized. The next steps will be different if your student is a junior or a senior, so listen up! For Current High School Seniors Here’s an action plan—meaning stuff you and your student should do—if he/she is currently a high school senior applying to college: Now through December 31st – Familiarize yourself with the FAFSA website and platform. You and your student should definitely complete this handy four-page worksheet, which helps you understand what to expect when you’re working on the actual FAFSA. January 1st – This is the first day the online platform will go live. Immediately create an account on FAFSA.gov and fill out the information with your student. You won’t be able to provide exact figures for certain areas (i.e. family income for 2015-16 fiscal year) because you won’t know this stuff for sure until you file your tax returns in April. January 1st through March 1st – Make sure your student submits his/her FAFSA as soon as it’s completed and reviewed by you. The earlier it’s submitted, the better the chances are for receiving certain types of grants, especially ones from state governments. The official closing date for the FAFSA is June 30th, but most students will need to complete the form by March 1st for schools that send their admissions decisions in late-March or early-April. April 15th (or earlier) – Whenever you finish your tax return, they need to replace your financial estimates in the FAFSA with the actual figures. One thing that makes it easier is the handy IRS Data Retrieval Tool, which will be an even bigger timesaver next year. Anytime from April 1st onward – You won’t hear directly from FAFSA about how much money your student will be receiving in financial aid. Instead, you’ll get individual reports from colleges and universities that have accepted your student. Their aid breakdowns will explain how much money they will receive from the school (in grants, scholarships, and/or loans) and how much they will receive from federal and state governments (in grants, loans, and/or work-study). Most top-tier schools will send their financial aid reports along with acceptance letters around April 1st, since they understand this will factor into your student’s ultimate decision of where to go. However, schools with rolling admissions and/or later deadlines might not send an aid report until the summer. After the decision – Once your student decides where he/she will be attending, you’ll interface mostly with that school’s financial aid office as far as aid is concerned. You’ll need to update the FAFSA annually, and you can do this beginning on October 1st of freshman year. Aid for sophomore year will likely be the same as freshman year, at least from the FAFSA, since you’ll be asked you submit the same financial information again for the 2017-18 academic year. For Current High School Juniors Here’s an action plan for high school juniors, which will be applicable to all younger students in the coming years (just add one to the calendar year for every grade level between your student and 11th grade): April 15th, 2016 – You’ll file your tax return for the 2015 fiscal year. This report of income, earnings, and assets will be used to calculate your student’s potential aid award for next year, meaning the 2017-18 academic year when he/she will be a freshman. Now through September 30th, 2016 – It’s never too early to familiarize yourself with the FAFSA! Believe it or not, the Department of Education already has a sample paper version of next year’s FAFSA, and the sole purpose of this is to allow applicants to understand the document as soon as humanly possible. October 1st, 2016 – This is the official date when the new FAFSA goes live. There’s no more need to estimate important numbers like family income, since all of this will be fully reported and assessed via the 2015 tax return. And remember that you can use the IRS Data Retrieval Tool to automatically fill out most of your FAFSA. October 1st, 2016 (or later) – Make sure your child submits the FAFSA as close to October 1st as possible. This increases their chances at state government grants, often rewarded on a first-come first-served basis. Early 2017 and onward – Here’s the best part: students can expect to receive financial aid reports and estimates from ALL schools along with their admissions letters. This means that as soon as you know your student has been accepted to a school, you will also know how much money they’re eligible for in aid, both from the school and from the government. Of course other factors will weigh into the decision of where to attend, but you should be relieved that unknown financial aid information will not be an issue. After the decision – Your student will interface directly with their selected school regarding aid. Each year, you will update your family’s financial information with the school and also online with the FAFSA. Don’t worry – updating the FAFSA is a whole lot easier than filling it out for the first time! Whew! That’s a lot of information to digest. With the cost of college rising each year, it’s important to understand the financial aid system, as complex as it may be. But thanks to the fantastic government folks behind the FAFSA, the process is going to get easier—and not a moment too soon. If you have any questions or concerns about financial aid or admissions in general, please email us at info@admissionado.com! We’re always happy to hear from you.

March 5, 2016 By:
About ED Overview and Mission Statement ED's mission is to promote student achievement and preparation for global competitiveness by fostering educational excellence and ensuring equal access. ED was created in 1980 by combining offices from several federal agencies. ED's 4,400 employees and $68 billion budget are dedicated to: Establishing policies on federal financial aid for education, and distributing as well as monitoring those funds. Collecting data on America's schools and disseminating research. Focusing national attention on key educational issues. Prohibiting discrimination and ensuring equal access to education. http://www2.ed.gov/about/contacts/state/index.html

March 5, 2016 By:
Search more than 7,000 scholarships, fellowships, loans, and other financial aid opportunities. Select Category Search or Keyword Search. Choose selections from at least one category below. See Scholarship Search Help below for additional information about the scholarship process and tips for using this tool. http://careerinfonet.org/scholarshipsearch/ScholarshipCategory.asp?searchtype=category&nodeid=22

March 5, 2016 By:
You may be able to get money for college or career school for your or your family member’s military service. https://studentaid.ed.gov/sa/types/grants-scholarships/military Both the federal government and nonprofit organizations offer money for college to veterans, future military personnel, active duty personnel, or those related to veterans or active duty personnel. What financial aid does the government offer for military service or for family members of military personnel? Reserve Officers’ Training Corps (ROTC) Scholarships Department of Veterans Affairs (VA) Education Benefits Iraq and Afghanistan Service Grant or Additional Federal Pell Grant Funds Limited Interest Rates, No Accrual of Interest, and Deferment of Student Loans What financial aid do veterans service organizations offer for military service or for family members of military personnel? How can I submit a complaint about how my college or career school is administering my financial aid? How can I learn more about military service? What financial aid does the government offer for military service or for family members of military personnel? Below are a few sources of financial aid that you might want to consider. You also should explore todaysmilitary.com’s list of educational benefits for service members. Reserve Officers’ Training Corps (ROTC) Scholarships These scholarships are awarded on the basis of merit rather than financial need: Army ROTC scholarships are offered at hundreds of colleges. Application packets, information about eligibility, and the telephone number of an ROTC advisor in your area are available from College Army ROTC or 1-800-USA-ROTC (1-800-872-7682). http://www.goarmy.com/rotc.html The Air Force ROTC college scholarship program targets students pursuing certain foreign language and technical degrees, although students entering a wide variety of majors may be accepted. Information about Air Force ROTC scholarships is available from Air Force ROTC College Scholarship Section or 1-866-4-AFROTC (1-866-423-7682). https://www.afrotc.com/ Navy ROTC offers both two-year and four-year scholarships, with options to join the Navy, the Marines, or the Navy Nursing Corps. For information and applications, contact Naval Service Training Command or 1-800-NAV-ROTC (1-800-628-7682). https://www.nrotc.navy.mil/ The Marine Officer NROTC Program pays your way through college at approved schools and offers an additional scholarship if you attend one of a list of approved Historically Black Colleges and Universities (known as HBCUs). Learn about the Marine Officer NROTC Program and request more information. http://www.marines.com/becoming-a-marine/commissioning-programs/four-year-colleges/nrotc Department of Veterans Affairs (VA) Education Benefits The VA offers education benefits for veterans and for their widows and dependents on its GI Bill site. http://www.benefits.va.gov/gibill/ Iraq and Afghanistan Service Grant or Additional Federal Pell Grant Funds If your parent or guardian died as a result of military service in Iraq or Afghanistan after the events of 9/11, you may be eligible for additional aid. To be eligible, at the time of your parent’s or guardian’s death, you must have been less than 24 years old or enrolled at least part-time at a college or career school. Payments will be adjusted if you are enrolled less than full-time. Federal Pell Grants: If you meet the requirements above and are eligible to receive a Pell Grant, you will receive an Expected Family Contribution (EFC) of zero, which maximizes your Pell Grant eligibility and can increase your eligibility for other federal student aid programs. https://studentaid.ed.gov/sa/types/grants-scholarships/pell Iraq and Afghanistan Service Grants: If you meet the requirements above but are not eligible for a Pell Grant based on your EFC, you will be eligible to receive the Iraq and Afghanistan Service Grant. The maximum amount of the Iraq and Afghanistan Service Grant is the same as the maximum Pell Grant award. Your EFC will not be affected, and therefore neither will your eligibility for any need-based federal student aid. https://studentaid.ed.gov/sa/types/grants-scholarships/iraq-afghanistan-service Limited Interest Rates, No Accrual of Interest, and Deferment of Student Loans To receive the benefits below, contact your loan servicer for information about the documentation you must provide to show that you qualify. https://studentaid.ed.gov/sa/repay-loans/understand/servicers Under the Servicemembers Civil Relief Act, if you took out student loans prior to entering the military or being called to active duty, the interest rate on those loans will be limited to 6% during your active duty military service. This applies to both federal and private student loans (and other loans as well). For all Direct Loans first disbursed on or after Oct. 1, 2008, no interest will be charged for a period of no more than 60 months while you are serving on active duty or performing qualifying National Guard duty during a war, other military operation, or national emergency and are serving in an area of hostilities qualifying for special pay. For Direct Consolidation Loans, this benefit applies to the portion of the consolidation loan that repaid loans first disbursed on or after Oct. 1, 2008. You will qualify for deferment of repayment on any of your federal loans while serving on active duty in the military, or performing qualifying National Guard duty, during a war, military operation, or national emergency. If your period of active duty service includes Oct. 1, 2007, or begins on or after that date, your deferment will be extended for an additional 180 days after the demobilization date for each period of qualifying service. If you are a member of the National Guard or other reserve component of the U.S. armed forces (current or retired) and you are called or ordered to active duty while you are enrolled at least half-time at an eligible school or within six months of having been enrolled at least half-time, you qualify for deferment of repayment on your federal student loans during the 13 months following the end of your active duty service, or until you return to school on at least a half-time basis, whichever is earlier. What financial aid do veterans service organizations offer for military service or for family members of military personnel? The following major national organizations offer scholarships primarily to active duty military, veterans, and/or their families: American Legion http://www.legion.org/scholarships AMVETS http://www.amvets.org/programs/scholarships/ Disabled American Veterans https://studentaid.ed.gov/sa/types/grants-scholarships/military Paralyzed Veterans of America http://www.pva.org/site/c.ajIRK9NJLcJ2E/b.6305401/k.27D1/Paralyzed_Veterans_of_America.htm Veterans of Foreign Wars http://www.vfw.org/Youth/ There are many smaller veterans service organizations around the country that might offer scholarships. Check with your local organization or try a scholarship search (http://careerinfonet.org/scholarshipsearch/ScholarshipCategory.asp?searchtype=category&nodeid=22). How can I submit a complaint about how my college or career school is administering my financial aid? Do you believe your school is not administering federal student aid funds properly? Here’s some information that might help you determine how to solve your problem or submit a complaint. Your college or career school—not the U.S. Department of Education—will distribute your financial aid. If you have questions about why your aid hasn’t been paid out yet, or why it wasn’t the amount you expected, contact your school. IF: You believe your school violated its own policy or federal regulations in its administration of the federal student aid programs—for instance, if your school calculated your eligibility for federal student grants, loans, or work-study incorrectly; your school disbursed (paid out) your aid or your credit balance incorrectly (in the wrong amount, at the wrong time, or not at all); your school doesn’t have a financial aid administrator (yet is participating in the federal student aid programs), doesn’t have policies or procedures for administering the federal student aid programs, or has policies but isn’t following them; your school or its representative has made false or misleading statements about the school’s educational programs, financial charges, employability of graduates, etc.; and if you have tried to work things out with the school but have been unable to… THEN: You may contact the Federal Student Aid Program Compliance Office at ComplianceComplaints@ed.gov or call 1-877-557-2575. IF: You think your school awarded aid to someone else in your name… THEN: Learn about identity theft and how to report it to our Office of Inspector General Hotline. http://www2.ed.gov/about/offices/list/oig/hotline.html How can I learn more about military service? Contact a recruiter to learn more about service with the following military branches: www.marines.com www.navy.com www.goarmy.com www.airforce.com www.gocoastguard.com

March 5, 2016 By:
Find and apply for as many scholarships as you can—it’s free money for college or career school! https://studentaid.ed.gov/sa/types/grants-scholarships/finding-scholarships?utm_content=sf44832635&utm_source=twitter&utm_medium=spredfast&utm_campaign=Federal&sf44832635=1 Scholarships are gifts. They don't need to be repaid. There are thousands of them, offered by schools, employers, individuals, private companies, nonprofits, communities, religious groups, and professional and social organizations. What kinds of scholarships are available? How do I find scholarships? When do I apply for scholarships? How do I apply for scholarships? How do I get my scholarship money? How does a scholarship affect my other student aid? What kinds of scholarships are available? Some scholarships for college are merit-based. You earn them by meeting or exceeding certain standards set by the scholarship-giver. Merit scholarships might be awarded based on academic achievement or on a combination of academics and a special talent, trait, or interest. Other scholarships are based on financial need. Many scholarships are geared toward particular groups of people; for instance, there are scholarships for women or high school seniors. And some are available because of where you or your parent work, or because you come from a certain background (for instance, there are scholarships for military families). A scholarship might cover the entire cost of your tuition, or it might be a one-time award of a few hundred dollars. Either way, it’s worth applying for, because it’ll help reduce the cost of your education. How do I find scholarships? You can learn about scholarships in several ways, including contacting the financial aid office at the school you plan to attend and checking information in a public library or online. But be careful. Make sure scholarship information and offers you receive are legitimate; and remember that you don't have to pay to find scholarships or other financial aid. Check out our information on how to avoid scams. Try these free sources of information about scholarships: the financial aid office at a college or career school a high school or TRIO counselor the U.S. Department of Labor’s FREE scholarship search tool federal agencies your state grant agency your library’s reference section foundations, religious or community organizations, local businesses, or civic groups organizations (including professional associations) related to your field of interest ethnicity-based organizations your employer or your parents’ employers When do I apply for scholarships? That depends on each scholarship’s deadline. Some deadlines are as early as a year before college starts, so if you’re in high school now, you should be researching and applying for scholarships during the summer between your junior and senior years. But if you’ve missed that window, don’t give up! Look at scholarship information to see which ones you can still apply for now. How do I apply for scholarships? Each scholarship has its own requirements. The scholarship’s website should give you an idea of who qualifies for the scholarship and how to apply. Make sure you read the application carefully, fill it out completely, and meet the application deadline. How do I get my scholarship money? That depends on the scholarship. The money might go directly to your college, where it will be applied to any tuition, fees, or other amounts you owe, and then any leftover funds given to you. Or it might be sent directly to you in a check. The scholarship provider should tell you what to expect when it informs you that you’ve been awarded the scholarship. If not, make sure to ask. How does a scholarship affect my other student aid? A scholarship will affect your other student aid because all your student aid added together can’t be more than your cost of attendance at your college or career school. So, you’ll need to let your school know if you’ve been awarded a scholarship so that the financial aid office can subtract that amount from your cost of attendance (and from certain other aid, such as loans, that you might have been offered). Then, any amount left can be covered by other financial aid for which you’re eligible. Questions? Ask your financial aid office.

March 2, 2016 By:
https://www.universityparent.com/topics/managing-finances/find-out-what-it-takes-for-out-of-state-students-to-get-in-state-tuition/?utm_content=buffer7533b&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer UniversityParent has put together a guide that answers the most frequent questions we get about in-state tuition: 5 Questions and Answers to Lowering Tuition Costs: An Introduction to In-State Tuition. https://www.universityparent.com/wp-content/uploads/migrated/5-Questions-and-Answers-to-Lowering-Tuition-Costs-An-Introduction-to-In-State-Tuition.pdf In addition, we’ve researched state-by-state residency requirements regarding how to get in-state tuition. Explore by clicking on the links below: Washington DC http://www.udc.edu/admissions/tuition_fee_schedule Maryland http://www.umaryland.edu/registrar/ Virginia http://www.virginia.edu/provost/vastatus/