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For unmarried students under 24, Congress mandates that parental income and assets be included. The resulting figure is the student's "need". Colleges attempt to provide students with enough financial aid to meet all student need, but in most cases are unable to do so completely. The result is "unmet need".
Grants are a type of financial aid that does not have to be repaid. Generally, grants are for undergraduate students and the grant amount is based on need, cost of attendance, and enrollment status. Federal Pell Grants are designed for low- and middle-income undergraduate students. Pell Grants for the 2023–2024 school year range from $750 to ...
The Free Application for Federal Student Aid ( FAFSA) is a form completed by current and prospective college students ( undergraduate and graduate) in the United States to determine their eligibility for student financial aid . The FAFSA is different from CSS Profile (short for "College Scholarship Service Profile"), which is also required by ...
College can be a huge financial investment. For the 2023-24 academic year, the average cost of tuition and fees for a full-time student attending a public four-year in-state college is $11,260 ...
The FAFSA determines eligibility for federal Pell Grants and federal student loans – and in most cases, the financial aid provided by colleges as well, though some require students to submit an ...
The U.S. Department of Education started a “soft launch” of the new and simplified Free Application for Federal Student Aid form — often referred to as the FAFSA — last weekend.. It ...
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