There are many factors taken into account when packaging student aid, so the only way to know for sure whether or not you are eligible is to apply. For example, if you plan to attend school in the fall of 1997, you need to complete an application and mail it in as soon as possible after January 1, 1997. Call your school's financial aid office for specific information on how your school treats scholarships. Q. I plan to go to school part-time. Almost all aid programs are available to students who attend school at least half-time.
Some institutions give preference to full-time students.
Q. I am not living with my parents and receive no support from them. If you are under 24 years of age, you must file as a dependent student unless you meet certain criteria. Q. I have defaulted on a student loan. If you arrange a payment schedule with the holder of your defaulted loan and if you make the payments on time, you may regain eligibility for additional financial aid, which includes grant aid and loans. Interested borrowers should contact their school, lender, or guarantor to receive more information about these programs and their requirements.