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Frequently Asked Questions

How many undergraduates receive need-based financial aid?

Frequently asked questions about MIT's Pell Matching Grants ...
More than 72 percent of undergraduates receive need-based financial aid, including scholarships, student loans and term-time jobs. Approximately 57 percent receive a need-based scholarship from MIT.
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How many undergraduates receive financial aid?

Frequently asked questions about MIT's Pell Matching Grants ...
Approximately 92 percent of undergraduates receive need-based aid, merit-based aid, or both in the form of grants, loans and work. MIT offers no merit-based aid; its students receive merit-based aid from other sources.
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Do I need to be a full-time student to receive financial aid?

Financial Aid at Colorado Mountain College
This varies, depending on the requirements of the financial aid program and the availability of funds. Most do not require a student to attend full-time (12 hours or more) and some, like the Pell Grant, require an enrollment of only three hours, assuming all other eligibility requirements are met. to top Yes, if you are a resident of the CMC District and you have recently graduated from a high school within the CMC District, or will soon, you are probably eligible for the Richard C.
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If I applied for need based financial aid, when will I receive my financial aid award letter?

Kennedy School Student Financial Services
Assuming that we have received the processed FAFSA from the Department of Education and your KSG need based application through Embark, all two year program admitted applicants should receive your financial assistance recommendation letter about 1 week after your receive your admission notification. Mid-Career program admitted applicants will receive their financial assistance recommendation letters in mid-May.
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What is need-based financial aid?

FAQ's - Guilford College
Need-based financial aid is any loans, work-study, grant, or scholarship, which requires that the recipient qualify for it based on demonstrating need on the FAFSA. Other than specifically identified academic and merit scholarship, most financial aid funds are need-based.
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Hubert H. Humphrey Institute of Public Affairs: Frequently A...
You should submit a Free Application for Federal Student Aid (FAFSA). Note: Graduate students are eligible for student loans only and not for federal grants (as are undergraduates). For more information, please contact the One Stop Student Services office by phone at (612) 624-1111 or toll-free at 1-800-400-8636.
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How will the outside scholarships I receive affect my eligibility for need-based financial aid?

Central College - Financial Aid
Any outside scholarships are viewed as financial resources available to meet your financial need. You are required to report outside scholarships to the Office of Financial Aid. The gift portion of your financial aid package is not typically reduced based on your outside scholarships. The increase in gift aid may result in a reduction of the loan or work-study portion of your package. The Federal Subsidized Stafford Loan is awarded on the basis of need according to federal eligibility standards.
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How will I receive my financial aid?

Loyola University Chicago- FAQs
When a student enrolls at Loyola, a university account is created by the Office of the Bursar. A monthly statement of the account is issued listing: university charges including tuition, fees, and on-campus room and board; credits applied from financial aid; cash payments and any balance due. All financial aid awards (except Federal Work-Study) are applied to the university account.
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Frequently Asked Questions
To be eligible to receive need based financial aid, certain requirements must be met. In general, all U.S. Citizens and eligible non-citizens who are enrolled in an approved degree or certificate program are eligible to receive financial assistance. Refer to the Eligibility Requirements section, the CCA Financial Aid Handbook, or the student eligibility criteria listed on the front of the FAFSA.
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How am I notified about the financial aid I will receive?

Frequently Asked Questions
You will receive a Financial Aid Award Letter from the CCA Financial Aid Office which will detail all aid for which you are eligible for the entire school year. You may not receive aid in excess of your cost of education. The award letter will detail the financial aid ‘offer’ or ‘award’, which is made after your eligibility for funds has been determined. The award, which may include several kinds of financial aid, is called a ‘package’.
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If I receive a scholarship, will my need-based aid be affected?

BERKLEE | Scholarships | Frequently Asked Questions
The federal government requires that scholarships be applied to your eligibility as calculated by the FAFSA. Any additional funding you receive from any source may require an adjustment to your eligibility for federal or state aid.
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What percentage of students receive need-based financial aid at the Mount?

Frequently Asked Questions
More than 90 percent of Mount families receive aid every year (totaling more than $26 million in 2006-07), with an average award of $16,850.
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Do I have to apply for need-based financial aid to receive a merit scholarship?

Merit Scholarship Programs
No, financial need is not a factor in the merit scholarship selection process. Because the number of merit scholarships is so limited, however, we strongly encourage students to apply for need-based financial aid as well. Over 50% of the 2007-2008 entering freshman class is receiving need-based financial aid to make Vanderbilt affordable. We are committed to meeting 100% of each admitted student’s demonstrated financial need.
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I will need financial aid. Where can I find out about that?

FAQ's
Please contact our Financial Aid Office at 206-546-4762. There are federal loan and grant programs and some scholarships. You may also want to check out the web sites below. The following link will provide information about job descriptions, requirements, salaries, and training programs for Health Career Jobs in Western Washington http://www.users.qwest.net/~wwahec/WWAHEC_career_job_descriptions.
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What forms do I need to fill out for financial aid?

SUNY Oswego - Admissions: Transfer Students: FAQs
SUNY Oswego requires you to complete the FAFSA (Free Application For Federal Student Aid) and TAP (Tuition Assistance Program) applications for financial aid consideration. Priority dates are April 1 for the fall semester and Nov. 1 for the spring semester. Most students will have already filed these applications with their current schools and only need to have the processing centers add Oswego as the new school of attendance.
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What is the percentage of undergraduates with financial aid?

Scripps: FAQ
Generally about 25 to 30 percent of journalism students receive some type of scholarships and awards. the present time, we do not have numbers concerning placement and salaries specifically for OU's School of Journalism graduates. Two other surveys give us some idea of where we stand. The survey conducted by Ohio State University of June 1996 graduates of 98 schools of journalism and mass communication across the country reported that 75.8 percent had at least one job offer upon graduation.
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When should I apply for need-based financial aid?

WU Admissions: Frequently Asked Questions - admitted student...
Generally, you should apply for aid as soon as your parents have completed their federal income tax returns. It is recommended that you apply no later than March 1. Complete information on the financial aid application process can be found on the Financial Aid website.
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DEF: Frequently Asked Questions
All students should apply for need-based financial aid. Many families mistakenly think they may not qualify for this type of aid based on their income and assets. However, if you choose not to apply for need-based financial aid, you may be closing the door on opportunities that could help you pay for college. There are other sources of financial assistance available regardless of your need, but most require you first to file the FAFSA.
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For more information about the programs of Emory University
Students must file the FAFSA and a CSS PROFILE online after January 1st. The priority deadline for these two forms to be complete is April 1 st. Applications can be received after this date, but students are encouraged to meet this deadline to receive optimal financial aid. Emory’s FAFSA school code is 001564 and the CSS code for Emory is 5187.
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Who qualifies for need-based financial aid?

Mechanical Engineering Graduate Admission FAQ
Graduate students may apply for need-based loans and work-study through the Financial Aid Office (FAO). The programs are based on demonstrated financial need and require a separate application, independent of the fellowship application. Low-income students with dependent children will be considered for need-based grant awards if funding permits. The Financial Aid Office will use the Student Budget for the initial calculation of your eligibility for various programs.
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When will I receive my Financial Aid award notification?

Answers to your Questions About Financial Aid at Michigan Te...
Notices of Michigan Tech scholarship awards are mailed January through March of the senior year in high school. Michigan Tech financial aid award notifications begin to be emailed to new students during the first part of March. Returning students receive their Financial Aid award notifications in summer.
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When will I actually receive financial aid funds?

Loyola University Chicago- FAQs
OSFA and the Office of the Bursar work together to process refunds resulting from financial aid in excess of university charges. The processing of refunds begins after the close of the add/drop period, which is typically at the end of the first full week of classes each term. Refund checks for the amount of the excess credit are mailed to the permanent mailing address on file with the university.
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How much financial aid can I receive?

FAQ:Summer College Program::University of Delaware
It depends on each family's individual situation. Factors besides annual income are the number of dependents and the number of college students in the family. Temporary setbacks, which can be explained on Form C, may also make a difference. In order to make it possible for as many needy families as possible to send their high-achieving children to Summer College, we rely on all families to be scrupulously honest in reporting their income and expenses.
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What is the difference between need-based and merit-based financial aid?

KHEAA | Financial Aid 101 -- Frequently Asked Questions
You qualify for need-based aid when you can prove that you and your parents can’t pay the whole cost of your education. Merit-based aid is based on academics, athletic achievement, and the like.
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What about financial aid? Do I need to take 13 credits to receive financial aid?

Credit FAQ
Different types of financial aid have different requirements. Students must take at least 15 credits per semester to be eligible for the maximum state grant. Students receiving merit scholarships from the University are expected to complete 30 credits each year, an average of 15 credits per semester. Students must register for at least 12 credits to be eligible for the maximum federal financial aid.
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What do I need to do to receive my financial aid money?

CalPoly - Generic -
You will receive your financial aid at the beginning of each quarter - provided you are enrolled in the required units and have completed all required forms with the Financial Aid Office. Financial aid transactions are recorded on your student account as credits, just like a payment. Any pre-existing unpaid charges are paid by your aid, and any remaining aid will show as a credit balance.
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