| Q.
Should I apply for financial aid?
A.
Yes. Many students and families fail to apply
for financial aid simply because they don't think they
qualify. There are many factors that are taken into
account when awarding financial aid packages, so the
only way to be sure is to apply.
Q. How
do I apply for financial aid?
A.
To apply, you must complete a Free Application
for Federal Student Aid (FAFSA). Applications are available
from the U.S. Department of Education at 1-800-4FED
AID or online at http://www.fafsa.ed.gov.
You may also pick one up at your school's financial
aid office or at your local library.
Q. When
do I apply for financial aid?
A.
You can apply for financial aid any time after
January 1 for the upcoming academic year. We encourage
you to submit your FAFSA
as soon as possible after January 1.
Q. Do
I need to apply for financial aid every year?
A.
Yes. Because financial situations can vary
from year to year, the government requires you to reapply
each year.
Q. Can
I get financial aid if I'm a part-time student?
A.
Most financial aid programs are available to
students if they attend school on at least a half-time
basis.
Q. Can
I get financial aid if I have defaulted on my prior
student loans?
A.
You must make payment arrangements with the
holder of your defaulted loans to regain eligibility
for additional financial aid. Contact your lender or
servicer to find out more about their requirements.
Q. If
I receive a scholarship do I need to report it to my
school's financial aid office?
A.
Yes, as it will affect your eligible aid amount.
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