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Frequently Asked Questions

Why should I fill out the FAFSA if I know I do not qualify for Financial Aid?

Charleston Southern University
All students receiving financial assistance from CSU must complete the federal aid application. The only way to be sure that you do not qualify for federal aid is to not apply for it! You must also complete the FAFSA to receive state aid and student loans. If you feel your situation is unique, please notify the Enrollment Services Office to discuss it.
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How do I qualify for financial aid?

Campus FAQs
There are many elements that go into the formula for calculating your eligibility but it is basically based on prior-year income, either just yours (if you are independent) or you and your parents? income (if you are dependent).
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What forms other than the FAFSA are required to apply for financial aid?

NYU Office of Financial Aid
NYU requires students to submit only the Free Application for Federal Student Aid (FAFSA), and later, New York State residents must also complete the New York State Tuition Assistance Program (TAP) application. The FAFSA is the basic form for most student aid programs; be sure to complete all required sections. Students should give permission on the FAFSA for application data to be sent to New York University: our federal school code number is 002785.
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What types of financial aid do I apply for when I complete the FAFSA?

Loyola University Chicago- FAQs
The FAFSA is the application for a number of federal and state financial aid programs. When you complete the FAFSA, you apply for the Federal Pell Grant; the State of Illinois Monetary Award Program (MAP) Grant (Illinois residents only); Loyola need-based grants; Campus-Based Aid Programs, including the Federal Supplemental Educational Opportunity Grant (SEOG), the Federal Perkins Loan and Federal Work-Study; and the Federal Stafford Loan. Absolutely. Your sister should reapply for aid, as well.
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Dowling College - Financial Aid - Frequently Asked Questions
The first step is to apply. Complete the free Application for Federal Student Aid (FAFSA) and send it to the federal government for processing. Dowling's school code is #002667. This form will ask questions about your family status and your family income. After submitting the FAFSA, you will receive Student Aid Reports (SARS) from the Department of Education. If you listed Dowling's school code on your original application, we will receive them electronically.
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Why can’t the Financial Aid Office tell me what I can qualify for before I file my FAFSA?

FAQ's - Financial Aid
The formula used to calculate the EFC from the FAFSA is very complicated and has many variables besides just income...such as household size, the number of students in college, the state tax base based on the student and/or parents state of residency, and allowance percentages that differ from one income families to two income families. The financial aid staff at Lee College needs to see the ISIR or SAR before any aid estimates can be discussed.
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How will I know how much Financial Aid I have been awarded?

Student Resources - FAQ's
Once your financial aid has been fully processed, you will receive a Mineral Area College Award Letter listing all non-repayable grant aid that you have been awarded. Stafford Loans/Parent PLUS Loans and College Work Study Programs require separate applications. Read the Award Letter carefully as well as the Rights & Responsibilities information included with the Award Letter. NOTE: A new Award Letter will be sent anytime there is a change in your award package.
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Is there an income level cutoff to qualify for financial aid?

WSU - FAQs
Income levels can affect grant eligibility. However, student and parent loans are offered to help finance a student's education regardless of income level.
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Do LCIE students qualify for financial aid?

Lindenwood University - Accelerated Program (LCIE) - FAQ
Yes. LCIE students qualify for all the various financial aid programs that traditional students do. For further information contact either your Faculty Advisor or the Financial Aid Office directly at (636) 949-4923.
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What if I make too much money to qualify for financial aid?

F.A.Q - Frequently Asked Questions
You should never assume that you do not qualify for financial aid (unless, of course, you are independently wealthy). While you may not qualify for need-based financial aid, much aid at the doctoral level is based on merit. There are numerous fellowships, scholarships, and grants, both internally (through the particular program and university) and externally (through independent foundations, organizations, and even individuals).
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Financial Aid FAQ I probably don't qualify for aid. Should I apply for aid anyway?

Frequently Asked Questions
Yes. Many families mistakenly think they don't qualify for aid and prevent themselves from receiving financial aid by failing to apply for it. In addition, there are a few sources of aid such as unsubsidized Stafford and PLUS loans that are available regardless of need. The FAFSA (Free Application Federal Student Aid) form is free. You may apply online at www.fafsa.ed.gov . There is no good excuse for not applying.
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I have a bachelor’s degree. Do I still qualify for financial aid?

Frequently Asked Questions
You are not eligible for a PELL grant, FSEOG, or CSG. But you may be eligible for Work Study. You may also be eligible to apply for a Federal Stafford student loan. q Have earned a high school diploma, passed the General Educational Development (GED) test, or obtained a passing score on an independently administered Ability to Benefit test approved by the U.S. Department of Education. (At CCA, this is the assessment test given in the CCA Testing Center). q All male citizens of the U.S.
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How will the Business Office know about my Financial Aid?

Student Resources - FAQ's
The Business Office is notified at the same time that you receive your Financial Aid Award Letter or Scholarship Award Letter from Mineral Area College. If you register for classes BEFORE you receive your Mineral Area College Award Letter, you will be considered a self-pay student and subject to the payment policy established by the Business Office.
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Should I still fill out the FAFSA, if I do not feel that I qualify for federal aid?

Financial Aid FAQ - Graduate School of Management - Universi...
YES. Every student is eligible to receive some type of aid. There is no way of determining a student's eligibility without completing the FAFSA. The FAFSA determines eligibility for programs offered by the federal and state government. Programs may include, state grants, if eligible and funding is available, and federal student loans (Stafford, Grad Plus, and Perkins. Perkins funding is subject to availability).
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I know students who didn't qualify for financial aid, so should I take the time to apply?

Faq
Every financial aid situation varies, so the only way to find out whether you'll qualify is to apply. The FAFSA is free, and most schools need it before considering you for any type of financial aid, including loans.
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Do I have to be a full-time student to qualify for financial aid?

Bellin College of Nursing - Financial Aid FAQ's
No. Most aid programs do require at-least-half-time enrollment, however. In order to receive a federal student loan (or defer repayment of a previously-borrowed student loan), a student must be enrolled at least half-time. If you are a dependent student, you may want to check with your parents before enrolling less-than-full-time as this may impact any health insurance coverage if you are insured under your parents' policy.
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How many credits do I have to be enrolled in to qualify for financial aid?

Bellin College of Nursing - Financial Aid FAQ's
The MSN Program is divided into five eight-week sections in an academic year. Enrollment status (full-time, half-time, etc) is defined based upon enrollment in an individual term (terms are not combined to determine enrollment status). Full-time is defined as six or more credits in a given term; half-time is defined as at least three credits in a given term.
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How many credits do I need to qualify for financial aid?

Online MS degree in Education | FAQ
Degree students in the program are required to take a minimum of five (5) credits each semester for financial aid.
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My parents make too much for me to qualify for Financial Aid. What can I do?

Financial Aid - FAQ
Most student's are eligible for at least an Unsubsidized Loan, even if their parents’ income is too high to qualify for a Pell Grant, or other need-based aid. The following are criteria to be eligible for Federal Student Aid:
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If had a high income last year, do I even qualify for financial aid?

MBA: Frequently Asked Questions
Yes, graduate students can receive up to $20,500 in Federal Stafford Loans if they are enrolled in a degree seeking program at least half-time and have not defaulted on any previous federal student loans.Students who experience a material decline in earnings from one tax year to the next have the ability to adjust their FAFSA information.
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Do I have to be full-time to qualify for financial aid?

Central Pennsylvania College
No. To be eligible for a PHEAA State Grant and a Federal Stafford Loan, you must be enrolled for at least six credits. Some students may qualify for a PELL Grant with only three credits.
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How do I determine if I qualify for financial aid?

St. Lawrence University: Financial Aid
We encourage families interested in receiving assistance to obtain an initial determination of need. This can be done by using one of the need estimators that are available at some high school guidance offices or by accessing one of the online services such as www.finaid.org.
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Financial Aid
Eligibility for federal, state and institutional financial aid is determined by a student's annual filing of the Free Application for Federal Student Aid (FAFSA) and the College Scholarship Service's (CSS) Financial Aid PROFILE form. Muhlenberg College's deadline for filing these forms is February 15.
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