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 ?
A spokesman for the University of Missouri on Tuesday said officials have decided to pull university-based financial aid if they are able to confirm the student "misrepresented their financial situation for the sole reason to get need-based aid when they otherwise would not be eligible."
Students can use need-based aid such as federal Pell Grants for books, transportation, child care and other expenses.
"The bulk of this book is how to position yourself in advance--not an appeal --to get more need-based aid and charts on which schools give more aid," Charlie complains.
At least $500,000 will pay for additional need-based aid for students.
Sweeny: There are more tools than ever to help families understand what need-based aid they are eligible to receive from colleges.
Students at UR on average, are simply more well-to-do than students at Roberts, where 100 percent of students are offered need-based aid. So UR students may not need to borrow as much money to get through college as Roberts students do.
As the article notes, the students who need-based aid programs target those with lower levels of knowledge about college and financial aid are the very ones who are denied the funding that would help them afford college.<br />States across the country know full well the consequences of their deliberate decisions to insufficiently fund their need-based aid programs.
That won't be necessary now that the Thompsons' 2018 income will help determine Mark's need-based aid in the 2020-21 school year.
Bill Galvano, the next Senate president, secured a serious boost for need-based aid programs, including $121 million for the Florida Student Assistance Grant.
The two major differences were in the proportion students getting need-based aid - 33 percent at UO, 43 percent at OSU - and early career average earnings, $44,900 for UO graduates and $48,600 for OSU graduates.
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.