Well, the colleges or career schools you list on your Free Application for Federal Student Aid FAFSA form will use several pieces of information to calculate your aid.
I'm unclear on what non-need-based aid is, could you explain it?
Non - need - based aid is financial aid that is not based on your EFC. Your school determines how much non-need-based aid you can get by using the following formula:Cost of Attendance COA Financial Aid Awarded So Far * = Eligibility for Non-need-based Aid.
Would you like an example?
No I think I get it.
Are there any need-based Federal Aid programs?
Yes there are:Federal Perkins LoanFederal Pell GrantFederal Supplemental Educational Opportunity Grant FSEOGDirect Subsidized LoanFederal Work-Study
I'll be a full time student, how is my cost of attending school calculated?
Your cost of attending or COA is the estimate of your tuition and fees; the cost of room and board or living expenses for students who do not contract with the school for room and board; the cost of books, supplies , transportation, loan fees, and miscellaneous expenses including a reasonable amount for the documented cost of a personal computer.
Is it possible to get an interest free loan?