|
VOCATIONAL GRADUATION ANNOUNCEMENTS, TECHNICAL SCHOOL GRADUATION INVITATIONS CARDS, FREE GRADUATION CARDS, PERSONALIZED GRADUATION ANNOUNCEMENTS FOR TRADE SCHOOL, VOCATIONAL, TECH, GED, PHYSICAL THERAPY, PHARMACY, COMPUTER, ADIMINSTRATIVE, PHLEBOTOMY, DAY CARE, VETERINARY, WORDING IDEAS & MORE!
|
 |
|
 |
|
|
| |
|
|
|
| |
|
|
|
|
|
How the Financial Aid Process Works
Once the application is submitted to the FAFSA, the Department of Education
(DOE) it is processed. They send a paper report, called a Student Aid
Report (SAR) to the applicant. It is important to review the SAR when
it is received to make sure all of the information is correct and to provide
any necessary corrections or additional information.
|
|
The DOE enters the applicant's information into a formula from the Higher
Education Act of 1965, and the result is the Expected Family Contribution
(EFC). This represents the amount you are expected to contribute towards
the cost of your education (although this amount may not exactly match the
amount you end up contributing). Then the DOE sends an electronic copy of
your information to all of the schools you listed on the application. The
schools use the EFC to prepare a financial aid package to help meet your
financial need.
|
|
Financial need is the difference between their EFC and the school's
cost of attendance (which can include living expenses), as determined by
the school. If you believe that you have special circumstances that should
be taken into account, such as unusual medical expenses or a significant
change in income from one year to the next, contact the financial aid administrator
at the schools to which they are applying.
|
|
Any financial aid you are eligible to receive will be paid to you through
your school. Typically, the school will first use the aid to pay tuition,
fees, and room and board (if provided by the school). Any remaining need
is paid to you for your other expenses. You cannot receive aid from more
than one school for the same period of enrollment.
|
| |
|
|
|
|
|
