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What is financial aid and how does it work?

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Author Topic: What is financial aid and how does it work?  (Read 71 times)
Begginer Mage
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« on: September 04, 2013, 08:17:28 am »

If I were to attend a university and apy for financial aid, how much do they usually give? How is it distributed? Does it last all 4 years?You have to apply for financial aid every year. I had an EFC of 0 which stands for estimated family contribution and I got a federal pell grant of 5350 which is for the entire year. I go to community college and it is barley enough to cover both of my semesters with books. I'm pretty sure if your looking to go to a university you might want to look into scholarships and you can also get low intrest loans that you pay off AFTER you graduate. Good luck with furthering you education...

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