Need-Based Aid

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 ?
SB 932 would extend Oregon Opportunity Grants - Oregon's only need-based aid program - to students who are eligible for tuition equity.
It awards additional need-based aid to those students and brings their scholarships on par with those of the higher yielding group.
Every student is automatically considered for merit and need-based aid (with a submitted FAFSA), and the institution also offers academic awards for the performing arts, community service, leadership, extracurricular activities, and more.
This, and the fact that more students are eligible for need-based aid, have reduced the real buying power of these scholarships.
average cost of attendance (sticker price minus average grant) for in-state students receiving need-based aid is $11,900.
After, the student may have his or her tuition reduced by federal grants, military education benefits or need-based aid.
The foundation supports them and their spouses (including widowed or divorced spouses), providing need-based aid to defray the cost of items such as home health care services, senior housing, long--term care insurance or other similar senior services.
Put another way, even though most of these students are receiving Pen Grants from the federal government, Denison is charging them such high tuition and offering them so little need-based aid that most must take on crippling debts to attend.
State, and he points out that his need-based aid will include housing, along with food and transportation, which has not been factored in at the community college.
As for the need to reconsider the financial aid process, Paredes noted that the state's main need-based aid program, known as TEXAS Grants, recently suffered a budget cut for the first time--immediately following an increase in higher ed enrollments last fall of 84,000, the second-largest in the state's history.
Also, many universities offer some sort of financial aid to prospective students that range from need-based aid, merit-based scholarships, family grants (if more than one child studies at the institution), discounts for good GPA scores.
As for the need to reconsider the financial aid process, Paredes noted that the state's main need-based aid program, known as TEXAS Grants, recently suffered a budget cut for the first time - immediately following an increase in higher ed enrollments last fall of 84,000, the second-largest in the state's history.