What is Financial Aid?

C

christina

New member
I know what it is but how does it work??? When are you surprose to pay the money back, like during the college years or after when you finish. I am going to college soon and I won't be able to pay for college so I am going to get FA so will they make me pay for it during the college years or when I finish???
 
Its a way to pay for school when you can't pay for its full accounted amount. The amount you pay all depends on how much classes you take and how much you choose to withdraw (I'm not familiar with the limits or what not). When you finish school, you have no choice but to pay it off (but it all depends on your payment plan and what kind of plans they have).
 
No financial aid you don't have to pay back. The most common is the pell grant. If you are young and living at home they will look at your parents income. If it is low enough you get to go to school for free. If they think your parents "make too much" then you will have to get a student loan. Pay it all back plus interest. Because your parents make too good of money.
 
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