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FAFSA
The Free Application for Federal Student Aid (FAFSA) is a form completed by current and prospective college students (undergraduate and graduate) in the United States to determine their eligibility for student financial aid. The FAFSA is different than CSS Profile (short for "College Scholarship Service Profile"), which is also required by some colleges (primarily private ones). The CSS is a fee-based product of the College Board (a private non-profit organization) and is used by the colleges to distribute their own institutional funds, rather than federal or state funding. Eligibility In order to receive federal student financial aid, students must meet the following criteria: * be registered with the Selective Service System (for Conscription in the United States), if male and between the ages of 18 and 25, if required to do so; * have maintained a Satisfactory Academic Progress (SAP); * be a U.S. citizen, a U.S. national, or an eligible non-citizen; * have a valid Soci ...
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FAFSA
The Free Application for Federal Student Aid (FAFSA) is a form completed by current and prospective college students (undergraduate and graduate) in the United States to determine their eligibility for student financial aid. The FAFSA is different than CSS Profile (short for "College Scholarship Service Profile"), which is also required by some colleges (primarily private ones). The CSS is a fee-based product of the College Board (a private non-profit organization) and is used by the colleges to distribute their own institutional funds, rather than federal or state funding. Eligibility In order to receive federal student financial aid, students must meet the following criteria: * be registered with the Selective Service System (for Conscription in the United States), if male and between the ages of 18 and 25, if required to do so; * have maintained a Satisfactory Academic Progress (SAP); * be a U.S. citizen, a U.S. national, or an eligible non-citizen; * have a valid Soci ...
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College Admissions In The United States
College admissions in the United States refers to the process of applying for entrance to institutions of higher education for undergraduate study at one of the nation's colleges or universities.Robin Mamlet and Christine VanDeVelde, College Admission: From Application to Acceptance, Step by Step, Three Rivers Press, 2011, Retrieved January 6, 2016 For those who intend to attend college immediately after high school, the college search usually begins in the eleventh grade with most activity taking place during the twelfth grade, although students at top high schools often begin the process during their tenth grade or earlier. In addition, there are considerable numbers of students who transfer from one college to another, as well as adults older than high school age who apply to college. Overview Millions of high school students apply to college each year. There were approximately 4.23 million in the high school graduating age group in 2018–19, with an estimated 3.68 mil ...
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Student Financial Aid (United States)
Student financial aid in the United States is funding that is available exclusively to students attending a post-secondary educational institution in the United States. This funding is used to assist in covering the many costs incurred in the pursuit of post-secondary education. Financial aid is available from federal and state governments, educational institutions, and private organizations. It can be awarded in the form of grants, loans, work-study, and scholarships. In order to apply for federal financial aid, students must first complete the Free Application for Federal Student Aid (FAFSA). The financial aid process has been criticized for its part in enrollment management, whereby students are awarded money not based on merit or need, but on what the maximum the student families will pay. Types of financial aid Grants In the United States, grants come from a wide range of government departments, colleges, universities or public and private trusts. Grant eligibility is ...
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FAFSA Position
The FAFSA position is a historical term in college admissions in the United States that referred to the position where a prospective college appeared on an applicant's FAFSA form. FAFSA permits an applicant to list up to ten colleges on the form, and the entire list was historically sent to each college. As a result, admissions officers could see which other colleges a student is applying to and the ''order'' in which the colleges were listed. The US Department of Education changed the FAFSA for the 2016–2017 academic year to prevent schools from viewing other schools that may be listed on the application. A higher FAFSA position had been interpreted by admissions officials and enrollment consultants as a sign of greater demonstrated interest. Accordingly, a college's FAFSA position may have affected decisions regarding whether a student was admitted to the college, waitlisted, or how much financial aid was offered.Liz Weston, Reuters, November 11, 2013, Daily FinanceColleges ...
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Edifi
Edifi, a name constructed from "''education''" and "''finance''", was a college financial aid services company located in Albany, New York, which operated nationally. Its legal name was CFAS (College Financial Aid Systems), LLC. Its central activity was filling out the Free Application for Federal Student Aid, best known as FAFSA, for parents of college applicants. At the time this was a paper form. Origins Edifi was founded by Larry Schechter in 1991; he remained its sole owner throughout (with a hiatus in 2002-2004). It started in Wellesley, Massachusetts, but with Schechter's relocation to the Albany, New York area, it moved along with him, and operated first from a bare one-room office on Union Street in Schenectady. Growth led it to move in 2001 to an office suite located at 409 New Karner Road in an unincorporated area of Albany county (mailing address Albany); further growth led it to move in 2003 to a larger office suite at 450 New Karner Road, where it ran a call center, ...
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Pell Grant
A Pell Grant is a subsidy the U.S. federal government provides for students who need it to pay for college. Federal Pell Grants are limited to students with financial need, who have not earned their first bachelor's degree, or who are enrolled in certain post-baccalaureate programs, through participating institutions. Originally known as a Basic Educational Opportunity Grant, it was renamed in 1980 in honor of Democratic U.S. Senator Claiborne Pell of Rhode Island. A Pell Grant is generally considered the foundation of a student's financial aid package, to which other forms of aid are added. The Federal Pell Grant program is administered by the United States Department of Education, which determines the student's financial need and through it, the student's Pell eligibility. The U.S. Department of Education uses a standard formula to evaluate financial information reported on the Free Application for Federal Student Aid (FAFSA) for determining the student's Expected Family Contr ...
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Federal Work-Study Program
The Federal Work-Study program originally called the College Work-Study Programhttp://www.ed.gov/programs/fws/index.html The Department of Education : Federal Work Study and in the United States frequently referred to as just "Work-study", is a federally-funded program in the United States that assists students with the costs of post-secondary education. The Federal Work-Study Program helps students earn financial funding through a part-time employment program. Approximately 3,400 institutions participate in the program. Program outline The Federal Work-Study Program provides a method for postsecondary education students to earn funds that are used toward their education. The program was formerly known as the College Work-Study Program. The FWS program helps students earn monetary awards towards their postsecondary education. The program is limited to students with financial need, whose Expected Family Contribution is less than the cost of attendance. Eligible college stude ...
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Expected Family Contribution
In the post-secondary education system of the United States, an expected family contribution (EFC) is an estimate of a student's, and for a dependent student, their parent(s)' or guardian(s)', ability to pay the costs of a year of post-secondary education. The EFC is used in the United States student financial aid process to determine an applicant's eligibility for need-based federal student aid. In most cases, the same estimate is also used for state and institutional (college-based) financial aid. The EFC is included on the Student Aid Report and Institutional Student Information Record, which are sent after filing a form called a Free Application for Federal Student Aid (FAFSA). There are a number of free calculators on the Web to help applicants estimate the EFC before filing the FAFSA. Recipients of need-based financial aid must reapply for each year by completing a new FAFSA. The term and concept of Expected Family Contribution will be replaced by the term Student Aid Index ...
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Federal Student Aid
Federal Student Aid (FSA), an office of the U.S. Department of Education, is the largest provider of student financial aid in the United States. Federal Student Aid provides student financial assistance in the form of grants, loans, and work-study funds. FSA is a Performance-Based Organization, and was the first PBO to be established in the US government. Federal Student Aid is also responsible for the development, distribution, and processing of the Free Application for Federal Student Aid (FAFSA), the fundamental qualifying form used for all federal student aid distribution programs, as well as for many state, regional, and private student aid programs. Each year Federal Student Aid's staff processes approximately 22 million FAFSAs. Additionally, Federal Student Aid is responsible for enforcing the financial aid rules and regulations required by the Higher Education Act of 1965 and the U.S. Department of Education and managing the outstanding federal student loan portfolio. M ...
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FSEOG
The Federal Supplemental Educational Opportunity Grant, more commonly known by its acronym SEOG, is a federal assistance grant reserved for college students with the greatest need for financial aid to attend school. To be eligible for this grant, applicants must meet all of the following criteria: #To be a United States citizen or eligible non-citizen, #To not have a bachelor's degree, #To not be in default of any federal student loan, #To not have a Federal Pell Grant overpayment, #To file their FAFSA The Free Application for Federal Student Aid (FAFSA) is a form completed by current and prospective college students (undergraduate and graduate) in the United States to determine their eligibility for student financial aid. The FAFSA is differe .... The maximum FSEOG is $4,000 a year and the amount applicants are eligible for is at the discretion of the college. To obtain the FSEOG, the student must accomplish and submit the Free Application for Federal Student Aid or FAFSA. ...
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Federal Supplemental Educational Opportunity Grant (FSEOG)
The Federal Supplemental Educational Opportunity Grant, more commonly known by its acronym SEOG, is a federal assistance grant reserved for college students with the greatest need for financial aid to attend school. To be eligible for this grant, applicants must meet all of the following criteria: #To be a United States citizen or eligible non-citizen, #To not have a bachelor's degree, #To not be in default of any federal student loan, #To not have a Federal Pell Grant overpayment, #To file their FAFSA The Free Application for Federal Student Aid (FAFSA) is a form completed by current and prospective college students (undergraduate and graduate) in the United States to determine their eligibility for student financial aid. The FAFSA is differ .... The maximum FSEOG is $4,000 a year and the amount applicants are eligible for is at the discretion of the college. To obtain the FSEOG, the student must accomplish and submit the Free Application for Federal Student Aid or FAFSA. ...
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Post-9/11 Veterans Educational Assistance Act Of 2008
The Post-9/11 Veterans Educational Assistance Act of 2008 is Title V of the Supplemental Appropriations Act of 2008, , , an Act of Congress which became law on June 30, 2008.https://georgewbush-whitehouse.archives.gov/news/releases/2008/06/20080630.html HR 2642 signed into law. The act amended Part III of Title 38, United States Code to include a new Chapter 33, which expands the educational benefits for military veterans who have served since September 11, 2001. At various times the new education benefits have been referred to as the Post-9/11 GI Bill, the 21st Century G.I. Bill of Rights, or the Webb G.I. Bill, with many current references calling it simply the new G.I. Bill. President George W. Bush signed into law on June 30, 2008. The law is an effort to pay for veterans' college expenses to a similar extent that the original G.I. Bill did after World War II. The main provisions of the act include funding 100% of a public four-year undergraduate education to a veteran who h ...
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