March 2015 Newsletter

March 2014 Financial Aid News Shamrocks

Deciding Your Financial Aid Options

It’s March, and that means that students are starting to review their financial aid options for next school year. So, this month’s Financial Aid News is here with information about award letters, different types of loans, and even ideas to help you save money.

The Seven Scholarships

This monthly section of the Financial Aid Newsletter features an intriguing list of seven scholarships that share a common characteristic. We hope this section will make you smile and inspire you to apply for more scholarships.

Seven Scholarships for Accounting Majors

  1. Association of Government Accountants (AGA) Academic Scholarships
  2. Surety Industry Scholarship Program for Minority Students
  3. National Society of Accountants Scholarships
  4. Institute of Management Accountants (IMA) Scholarships
  5. Accounting and Financial Women’s Alliance Scholarships
  6. American Institute of CPAs Scholarships
  7. Teachers of Accounting at Two-Year Colleges Scholarships

Monthly Stat

19.3 Million

Total number of FAFSAs submitted during the first 12 months of the 2014-2015 application cycle (through 12/31/2014).

Source: Mark Kantrowitz 

Ask the Edvisor: Your Questions, Answered

Question:

Can we count our 23-year-old son as a member of the household on his sister’s FAFSA, even though he doesn’t live at home, works a small part-time job and isn’t claimed as an exemption on our federal income tax return? We do provide more than half of his support and will continue to provide more than half his support throughout the academic year.

Get the answer from the financial aid experts at Edvisors.

Twisdoms

If financial circumstances change mid-year, you can appeal for more aid. Contact your financial aid office ASAP.

Term of the Month

Federal Perkins Loan

The Federal Perkins Loan is a low-interest subsidized loan. Interest does not accrue during the in-school and grace periods and during other periods of authorized deferment. Federal Perkins Loans are awarded by the college or university financial aid office to undergraduate, graduate and professional students with exceptional financial need, as defined by the school.

See more terms in the Edvisors glossary.

Hot Money Tips

If you need help in filing the FAFSA, download our free guide.

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