This guide will help you understand the FAFSA, everything you need to know to apply, and what to expect when you're done.
"They qualify for a Pell Grant each year, depending on their financial circumstances at that point in time. So a student may not be eligible for Pell one year, but they may qualify in future years." Pell Grant Aid Disbursement A college or university will distribute the Pell...
be high and unpredictable for many types of loans, but federal student loans offer fixed interest rates that can be more manageable than private student loans. Federal student loan rates are standardized across all borrowers, but they vary depending on the loan type and the date of disbursement....
Although Federal Direct PLUS loans previously entered repayment within 60 days of full disbursement, since 2008, borrowers have been able to defer repayment until six months after the student graduates or drops below half-time enrollment. Federal student loans offer a range of repayment options, and...
11. A Returning Borrower is a student applicant or a student applicant and cosigner combination with either (a) a prior application that is awaiting school certification, or (b) a prior loan that has a disbursement scheduled or completed. Income verification will be waived for Returning Borrowers...
(NSLDS):The NSLDS is an online database that provides information about your federal student loans. By creating an account on the NSLDS website and entering your personal information, you can access a comprehensive overview of your federal loan portfolio, including loan types, disbursement dates, ...
dependent undergraduates. The maximum PLUS loan amount you can receive is the cost of attendance – determined by the school – minus any other financial aid. These loans carry higher interest rates and a higher disbursement fee than subsidized and unsubsidized options, and they require...
Held that taxpayers have standing to sue to prevent the disbursement of federal funds in contravention of the specific constitutional prohibition against government support of religion. (Standing case) Cohens v. Virginia Held that state laws in opposition to national laws are void. The U.S...
“all activities related to obligation or disbursement of all Federal financial assistance, and other relevant agency activities that may be implicated by the executive orders, including, but not limited to, financial assistance for foreign aid, nongovernmental organizations, DEI, wo...