Saturday, May 16, 2020

do you receive financial aid if you are a part time student?

Verdie Wollen: I think your answer was provided.

Dulcie Edis: For the best answers, search on this site https://shorturl.im/avoWPyes. the detail of your financial aid depends on your school talk to someone from fin aid. ss

Valentine Willinger: Financial aid is available to part-time college students, but since the amount of aid is tied to your "Cost of Education", students who are taking less than a full load will qualify for less assistance.You must be registered as at least a 1/2 time student (generally 6 or more credit hours) to qualify for a Stafford loan, but students taking as few as 3 hours are eligible to receive a Pell Grant (if they otherwise qualify). Again, the Pell award for a part-time student would represent only a partial percentage of the award that would be provided for a full-time student.As for your question about income - your financial aid eligibility is based on your financial aid need. The Department of Education takes the student's inc! ome into consideration when evaluating that need. When you complete the FAFSA application, there are questions that ask about your income and assets, and the amount that you report is a component of the EFC formula.HOWEVER - if you are working a part-time job and making a couple of hundred dollars a month, this kind of small income is not going to have a significant effect on your eligibility to receive financial aid. Financial aid eligibility can be impaired when a student works a full-time job and makes a significant income.I hope that helped you - good luck!...Show more

Avis Brantner: This Site Might Help You.RE:do you receive financial aid if you are a part time student?i have a question. if you are taking 3 subjects which are 9 credits. will you receive financial aid(money) and if you do then how much? half? or what? and also if you are working and getting paid by checks does that affect your financial aid?...Show more

Inez Relihan: Part Time Financial Aid

Cassidy Pangrazio: Well first, fill out your fafsa with ! all the necessary financial information regarding yourself and your parents (if that applies to you). This will determine how much you are expected to pay out of your pocket for your school, and if you still need more money based on the cost of attendance of your school. If your expected contribution is zero or very little, you will get grants. The amount of grant money you actually get depends on the number of units you get. Most scholarships require that you go to school full time, so you might not get any scholarships. Loans don't really care how many units you take because it's up to you how much you want to borrow because you have to pay them back. For more funding options check out www.collegetipsntricks.com...Show more

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