Sentences with phrase «based financial aid»

For example, the Department of Education reports that for every dollar held in a 529 account in a parent's name, up to 5.6 cents will be subtracted from the family's federal need - based financial aid package.

The $ 1 - million endowment exists into perpetuity, and the interest earned from the gift is what goes into the financial aid pot, Carling explains, adding that the university's needs - based financial aid program is available for all law students whether or not they have indigenous heritage.

Despite the possibility of a switch to voluntary status, it's probably unlikely that law schools would abandon a test deemed so integral to the admissions process — it remains the best way to measure applications against one another and to evaluate merit - based financial aid.

With need - based financial aid, we have also been able to increase access to those who can least afford it, as shown by an increase in the proportion of students eligible for Federal Pell Grants.

Their conclusion was that proceeding without instituting tuition was fiscally untenable, though Lincer allowed that «we will set out to develop the resources that can allow us to increase student aid over time, augmenting need - based financial aid and ultimately perhaps even restoring the full tuition scholarship.»

As part of that long - term commitment, we will set out to develop the resources that can allow us to increase student aid over time, augmenting need - based financial aid and ultimately perhaps even restoring the full tuition scholarship.

First, we provide web based financial aid literacy tools to students and families across Indiana.

Commonly referred to as the family's «ability to pay,» the EFC is one component used to determine a student's need for federal student aid and / or school - based financial aid.

Every college and university has an outside scholarship policy that specifies what happens to your need - based financial aid package when you win a merit scholarship.

Rick Wilder, the director of student financial affairs at the University of Florida, mentions» Students who apply for need - based financial aid are required to report income and asset information on the FAFSA.»

The EFC affects the amount of need - based financial aid your beneficiary will receive; a higher EFC reduces the amount of financial aid and need - based scholarship money your beneficiary will qualify to receive.

While each educational institution may treat assets held in a 529 account differently, investing in a 529 plan will generally impact a student's eligibility to receive need - based financial aid.

You must file a Free Application for Federal Student Aid (FAFSA), which is used by the federal government and most college and universities to determine the eligibility of a student applying for non-merit based financial aid.

If the EFC is less than a college's COA, the student qualifies for need - based financial aid (COA — EFC = Need).

As a side note, many colleges give out their need - based financial aid based on the FAFSA application.

The Department of Education then adds a marginal percent to offset administrative costs such as subsidized interest and other needs - based financial aid.

«Many institutions have protocol in place to review need - based financial aid appeals,» Time author Vickie An writes.

Thus a good diversification strategy would be to include a prepaid tuition plan with your other college saving investments, if only prepaid tuition plans didn't have such a harmful impact on need - based financial aid.

The need - based financial aid treatment of family assets depends on whether they are owned by the student or the parent.

Section 529 college savings plans are tax - exempt college savings vehicles with a low impact on need - based financial aid eligibility.

The more a student's family can afford, the smaller the amount of need - based financial aid.

Students should research merit - based financial aid as early as possible.

It should only be considered if the family does not qualify for need - based financial aid and the annual gift tax exclusion is insufficient.

By filling out the FAFSA, you will have plenty access to various types of scholarships, campus - based financial aid, low - interest student loans as well as federal and state grants that you can benefit from.

(High enough so that the parents would not qualify for the American Opportunity Tax Credit and they can not deduct tuition on their tax returns and as we saw above, would likely not qualify for much need - based financial aid)

Non-need based financial aid includes Direct Unsubsidized Stafford Loans, Graduate PLUS Loans, Parent PLUS Loan s, and the Teacher Education Access for College and Higher Education (TEACH) Grant.

Fred Upton, a Republican House member, claims he is «a strong supporter of federal need - based financial aid programs,» and he backed that statement with his support for the College Cost Reduction Act of 2007.

For example, if a college has a tuition of $ 10,000 per year and a student can get need - based financial aid for $ 8,000, many students may believe that applying for a scholarship could reduce the amount of need - based aid the college is willing to offer.

If you are receiving private scholarships, they can have a negative impact on your needs - based financial aid.

For example, someone who wins a $ 2,000 scholarship to the college mentioned before may only get $ 6,000 in need - based financial aid.

Many students are afraid to compete for scholarship because they fear that the scholarship will decrease their need - based financial aid packages.

Out - of - Pocket Cost Out - of - Pocket cost is the difference between the cost of attendance and just the grants and scholarships and other gift aid in the need - based financial aid package.

Merit - based Financial aid that is merit - based depends on your academic, artistic or athletic merit or some other criteria, and does not depend on the existence of financial need.

The difference between the COA and the EFC is the student's financial need, and is used in determining the student's eligibility for need - based financial aid.

Net Cost Net cost is the difference between the cost of attendance and the need - based financial aid package.

Need - Based Financial aid that is need - based depends on your financial situation.

Perkins Loans are an especially important class of loans because they are only given out to students who qualify for need - based financial aid through the FAFSA.

This can have a severe negative impact on eligibility for need - based financial aid, reducing aid eligibility by up to half of the amount withdrawn.

Many of the factors leading to a low rating also translate into greater levels of needs - based financial aid.

Over the last decade, Kentucky's investment in need - based financial aid has not come close to keeping up with public tuition or with the cost of living.

An increasingly prevalent type of program designed to address college attainment gaps are state - based financial aid programs that offer low - income middle school students a promise of funding for college in exchange for making a pledge to do well in high school, be a good citizen and not be convicted of a felony, and apply for financial aid to college.

As many as 20 % of private school students receive some form of need - based financial aid, and this figure is as high as about 35 % at schools with large endowments.

The Catholic schools in the Archdiocese offer a variety of tuition assistance programs, including both academic scholarships and need - based financial aid.

As a part of our need - based financial aid program, the Pace Access Fund allocates funds in the amount of three half - tuitions for qualified Pre-First students annually.

She directs the Wisconsin Scholars Longitudinal Study, an experimental evaluation of the impact of need - based financial aid on college graduation.

The West Virginia Higher Education Grant is a need - based financial aid program.

Our foci with federal advocacy efforts are around the areas of FAFSA simplification, sustaining the purchasing power of federal need - based financial aid, and ensuring continued availability of federal college access and success programs.

In 2008, the Georgia General Assembly passed into law the creation of Student Scholarship Organizations (SSOs) and set aside $ 50 million or more annually in tax credits to be redirected to an independent school of a taxpayer's choice and to be used for need - based financial aid.

The school increases access for lower - income families through over $ 1 million in need - based financial aid provided to 75 % of the student body.

When need - based financial aid programs like the Pell Grant are evaluated, researchers tend to find that students reformers might not deem «college ready» obtain the greatest returns from the effort.