DOUBT: financial aid question

thumper1
Sat, 12 Oct 2013 16:19:42 +0000

She needs to check EACH college.some schools do NOT allow students to apply for institutional need based aid in subsequent years if they do not apply as incoming freshmen. Note…the student doesn’t need to accept or qualify for aid, but they need to apply.

These very generous schools are giving their money to students…and they want to look at the four year financial expenditure. In other words, they want to avoid students who somehow cobble together enough money for freshman year, but then need full support for three subsequent years.

If your friend gets her green card, she would be eligible for federally funded need based aid. This would include the Direct Loan, and Pell Grant (Pell Grant would be income dependent…her parents incomes).

One more thing…the “tip” for not applying for aid is a very small one, even at need aware schools. If this student is a competitive candidate, she will be so whether or not she applies for aid. PLUS…how will she pay the $60,000 cost of attending college her freshman year?

If she needs aid, she should apply for aid. Getting accepted and not being a le to pay to attend not worth it.