The start of yet another college/training school year is upon us.
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October 1st is the first day that you will be able to complete your 2021-2022 FAFSA. Whether you are currently a senior in high school or a student who has more years of postsecondary education ahead, you will need to complete it if you want federal aid. Here are some common questions we receive in our office regarding the FAFSA.
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One of the most common questions I hear at financial aid offices is, “have you completed your FAFSA?” Most students, this time of year, have. However, there may be other requirements that you need to complete before receiving your federal loans. Your financial aid is sent to the institution, but before they disburse the funds, you may need to sign the master promissory note and complete entrance loan counseling. Here’s what you need to know:
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If you’re college bound, or already in college, you know that you can always use a little extra money, whether it’s to buy groceries or to help pay your tuition bill. One of the best ways to earn it is to take advantage of Federal Work-Study.
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Today, October 1, is the first day that you will be able to complete your 2020-2021 FAFSA. Whether you are currently a senior in high school or a student who has more years of postsecondary education ahead, you will need to complete it if you want federal aid. Here are some common questions we receive in our office regarding the FAFSA.
Read More
One of the most common questions I hear at financial aid offices is, “have you completed your FAFSA?” Most students, this time of year, have. However, there may be other requirements that you need to complete before receiving your federal loans. Your financial aid is sent to the institution, but before they disburse the funds, you may need to sign the master promissory note and complete entrance loan counseling. Here’s what you need to know:
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18Dec
Christina Campbell |
student loan,
Forbearance,
Deferment,
Grace Period,
Discounts,
Borrower Benefits,
Fixed,
Variable,
Credit-Based,
Interest Rates,
Federal,
Private,
FAFSA,
FICO score |
Financial Aid,
Financial Literacy |
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If you filled out the Free Application for Federal Student Aid (FAFSA), odds are you will be receiving an award letter soon, from the colleges or training programs you listed on the FAFSA (either by mail, email, or both). Your award may include grants (free money), work-study (part-time job), and/or student loans. If one of your options is to take out a student loan, it’s important you know and understand a few things before doing so.
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