Need-Based Aid

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Need-Based Aid

Loans, grants, and scholarships available to post-secondary students who have an expected family contribution above zero, but who may not be able to pay that amount. Examples of need-based aid include Stafford loans and PLUS loans. To become eligible for federal need-based aid, one must file a FAFSA.
References in periodicals archive ?
Therefore it is a big disadvantage for families who are eligible for Need Based Aid, and that is the majority of college applicants.
Rather than directing these savings back to students through lower interest rates or additional need based aid, reconciliation will direct these subsidies out of the student loan programs.
Plus, need based aid from the federal and state governments and institutions has not kept pace with the cost of tuition.
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