UNLV Student Financial Services uses the results of the Free Application for Federal Student Aid (FAFSA) to determine a student's eligibility for need-based federal and institutional financial aid. Although there is no maximum income limit for financial aid, students with a lower Expected Family Contribution (EFC) are typically eligible for more financial aid resources than students whose EFC is higher.

Income levels can affect grant eligibility. However, student and parent loans are offered to help finance a student's education regardless of income level.

There actually is not a clear-cut income limit. The financial aid process looks at many different variables besides income to determine eligibility. The only way we know if you are eligible is if you complete a FAFSA (Free Application for Federal Student Aid).

There is no income cut-off for financial aid. The amount of financial aid you will receive is determined by your family's financial need as calculated by your annual FAFSA.

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.

File the FAFSA between January 1st and March 2nd. By submitting the FAFSA before March 2nd, you are meeting the priority filing deadline date. You should also submit a G.P.A. Verification Form prior to the March 2nd deadline. You must reapply for aid every year!

The loan is usually broken down into two disbursements, one for each semester. Each disbursement totals $8,972.50. The maximum you are eligible to borrow for an academic year is $18,500.

Generally, the maximum amount of financial aid is governed by the student's total need, the student's enrollment level, financial aid program rules and Clark College financial aid policies. The amount varies from student to student.

Upon being accepted by Admissions and paying a tuition deposit, a financial aid packet, (including online FAFSA information) is mailed out to the student along with "time lines" to assist you in planning.

Since income is only one factor that is taken into consideration in determining eligibility for financial aid, there is no income cut-off. In addition to income, we take into consideration many factors, including parent and student assets, family size, tax liability, the number of students in college, business investments, rental property, and student earnings. The only way to determine eligibility for financial aid is to submit an application.

Some FAFSA questions ask for "other untaxed" income described in worksheets A, and B on page 8. Untaxed income is income received that is not subject to U.S. income taxes and is required to be reported on the FAFSA. It includes Social Security and veterans benefits, welfare, child support, pensions, military subsistence allowance, etc. Even if you filed a tax return, complete the untaxed income worksheets A and B on page 8 and transfer the totals to the appropriate FAFSA line number.

Yes. Student financial aid, including grants, scholarships, work study, waivers, and loans are incorporated in the student's monthly budget worksheet. The full amount of financial aid, minus the cost of tuition and books, is calculated by the student and counted as income. The child care committee strongly recommends that students apply for financial aid in order to be eligible for the Voucher program.

Income for financial aid purposes is generally determined based upon your previous year’s income tax situation. Therefore, in the years immediately prior to and during college, try to reduce your taxable income. Some ways to do this include: Reduce the income from your business. If you are the owner of your own business, you may be able to reduce your taxable income by taking a lower salary, deferring bonuses, etc.

Financial aid is characterized as either need based or non-need based. Our office determines if a student qualifies for aid that is based on need, i.e. the expected family contribution (student and/or parent contribution) is less than the cost of attendance at UCSB (estimated to be $25,067 in 2007-2008 for a California resident living in a UCSB residence hall).

Yes. Your maximum annual family income must not exceed 250% of poverty level. For example, to qualify, the current maximum allowed income for a single person household is $24,500 and $33,000 for a two-person household. These income guidelines are updated annually. To see a chart for larger families, visit the HealthyWoman Program here: http://www.dsf.health.state.pa.us/health/cwp/browse.