----- quick financial aid summary
-----
summary: understand aid process
Quick review of the financial aid process
all summarized in 6 quick notes. 
 |
step1: become qualified view what's needed to qualify for student financial aid. Understand college costs, dependency status and expected family contribution (EFC). |
 |
step2: submit FAFSA form students (and parents) must submit the FAFSA to start the aid process. The FAFSA is used by colleges and agencies to determine eligible aid amounts. |
 |
step3: review the SAR the Student Aid Report (SAR) summarizes your FAFSA information and calculates EFC. Review it carefully for changes and corrections. |
 |
step4: get the award letter colleges will use the SAR to determine your eligible financial aid awards. Compare your award letters among colleges to determine best aid package. |
 |
step5: analyze aid options financial aid options include grants, scholarships, work-study, loans, state aid, community service, and other federal and private aid. View options. |
 |
step6: apply for and manage aid apply for scholarships, federal and private financial aid. Learn how to best budget and manage student funds to avoid getting into excessive debt. |
----- end of financial aid summary -----
