Have you finished the online Free Application for Federal Student Aid? If not, what are you waiting for? It is true that your Expected Family Contribution (EFC) will be the same no matter how long you wait, but if you procrastinate too long you could lose other financial aid funding. The most needy students as defined by each college, gets a Federal Student … [Read more...] about Early Financial Aid Application Gets the Prize
Applications
Apply for Financial Aid as Dependent or Independent?
This is a question that many students have a most do not like the answer. The federal government considers you a dependent student until the age of 24. Financial aid was designed to fill the gap between what the federal government expects the family to contribute (EFC) toward the students' education. Reality may often be different from this calculation. If a student moves … [Read more...] about Apply for Financial Aid as Dependent or Independent?
Budget Reconciliation Act of 2005 – Voting it Down
ARCHIVE NEWS - The National Association of Student Financial Aid Administrators (NASFAA) sent out a press release today calling for their members to act! Simply put the Budget Reconciliation Act of 2005 takes too much money away from student loans causing a substantial financial increase on students and families. Luckily Senators that opposed this legislation were able to … [Read more...] about Budget Reconciliation Act of 2005 – Voting it Down
Budget Reconciliation Act of 2005 Rattles Financial Aid
ARCHIVE NEWS: It was bad news for the financial aid world when the Senate approved the Budget Reconciliation Act of 2005, S. Bill 1932. In a nutshell this legislation cut over $41 billion dollars of federal financial aid over a five year period. If you are currently seeking financial aid you must know that the timing couldn't be worse. College tuition is the highest it has … [Read more...] about Budget Reconciliation Act of 2005 Rattles Financial Aid