Wondering if you are eligible for financial aid, if filling out the FAFSA will be helpful or not? We explain eligibility requirements for receiving financial aid.
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Home » Scholarships » Financial Aid
Financial Aid
Editors Picks for Financial Aid
Understand how and when to file the FAFSA, and get answers to the most common questions students and parents encounter when applying for federal financial aid.
If you did not receive enough financial aid, you can file an appeal. An appeal allows you to request an increase in financial aid. To file an appeal, you will first need to contact the financial aid office for your school.
You may be wondering how you can afford to go to college. Financial aid is a way for you to get money to help cover the cost of your education. Financial aid comes in different forms such as grants, scholarships, work-study programs, and loans. This money is provided to you to make college more affordable and accessible.
Popular Articles for Financial Aid
Merit vs Need-Based Financial Aid
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Financial aid can often be an important consideration for students and families managing the expenses of higher education. Financial aid can be broadly classified into two main categories: merit-based and need-based aid. Gaining a good understanding of these two types is vital for students and families looking to pay for college with the least amount of debt.
Student Aid Index
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Starting in the 2024-2025 year, the EFC will be replaced with the Student Aid Index or SAI. Your SAI is calculated based on the information provided in the FAFSA.
When filing the FAFSA® you will need to provide certain financial information, including income and tax information. Dependent students will also need to provide financial information for one or both parents depending on household status.
Do You Have to Pay Back Financial Aid
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Financial aid serves as an important resource for students looking to pursue higher education. A common question that arises when discussing financial aid is whether it needs to be paid back. This depends largely on the type of aid received.
How Does Financial Aid Work
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Financial aid is an important resource designed to help students and families manage the costs associated with higher education and is available in a variety of ways including grants, scholarships, work-study programs, and loans.
Financial Aid Options for Graduate Students
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Financial aid can play a big role in supporting graduate students as they look to advance their studies. Many graduate programs can be expensive, and financial aid, whether in the form of grants, scholarships, or loans, can make these programs more accessible to a diverse range of students.
How Much Financial Aid Can You Expect
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Financial aid is important for making higher education accessible to a broader range of students. Through grants, scholarships, work-study opportunities, and student loans, financial aid can significantly reduce the financial burden on students and their families.
Financial aid is money in the form of loans, scholarships, and grants that can help you pay for college. The most important action you can take when applying for financial aid is to file the FAFSA.
FAFSA Deadlines for 2025-2026
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FAFSA deadlines can vary. The FAFSA for the 2026-2027 academic year opens on October 1st and remains open until June 30, 2027. However to improve your chances of getting more aid, file as soon as you can and certainly well before any applicable deadlines noted below.
Financial Aid
The FAFSA application is used to determine a student’s eligibility for federal student aid, it’s free to complete and submit. Based on the information provided on the FAFSA, you may be offered a federal student loan, if accepted, you will have to repay the loan.
To qualify for federal, state, and college financial aid for graduate school, you have to submit the FAFSA (Free Application for Federal Student Aid). The FAFSA is required to receive federal and state grants and scholarships, as well as federal student loans, including Perkins Loans, Direct Unsubsidized Loans, and Grad PLUS Loans.
The main difference between subsidized loans and unsubsidized loans is that the federal government pays the interest on subsidized loans while you are in school at least half time, during the grace period, and during periods of authorized deferment. This makes subsidized loans a less-expensive option.
Gift-aid is a form of financial aid that typically does not need to be repaid. This is money you can use to help pay for school without the concern of repaying it, either while in school or upon graduation
Work-study is a federal financial aid program that arranges for students with financial needs to work on (and sometimes off) campus as a way to earn their financial aid.
Should you wait until you graduate to get married? Will you lose your need-based aid if you get married? You've got tricky questions. We've got easy answers. The Edvisor tackles this topic!
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