Comments on: How to Appeal for More Financial Aid http://www.educationgrant.com/2009/08/10/how-to-appeal-for-more-financial-aid/ Wed, 28 Jul 2010 17:26:32 -0400 http://wordpress.org/?v=2.8.4 hourly 1 By: TheEditor http://www.educationgrant.com/2009/08/10/how-to-appeal-for-more-financial-aid/comment-page-1/#comment-289 TheEditor Tue, 11 Aug 2009 19:46:08 +0000 http://www.educationgrant.com/?p=957#comment-289 Thanks for this super input, MissionMauve! The financial aid world can be so complicated, it's not easy to capture all the salient details... and therefore fabulous to have insight from students themselves. I think the point about work-hours driving up a student's EFC is a particularly valuable tip. Thanks again, and please come back to comment on and add to other EducationGrant posts. Regards, Lisa, EducationGrant Editor Thanks for this super input, MissionMauve! The financial aid world can be so complicated, it’s not easy to capture all the salient details… and therefore fabulous to have insight from students themselves. I think the point about work-hours driving up a student’s EFC is a particularly valuable tip. Thanks again, and please come back to comment on and add to other EducationGrant posts. Regards, Lisa, EducationGrant Editor

]]> By: missionmauve http://www.educationgrant.com/2009/08/10/how-to-appeal-for-more-financial-aid/comment-page-1/#comment-288 missionmauve Tue, 11 Aug 2009 18:32:59 +0000 http://www.educationgrant.com/?p=957#comment-288 Students may be able to be claimed as an independent student, which will allow them to have more aid. Also, if their parents are separated, and one makes more than another, students might be able to use the income of the parent who makes less as the basis for a financial aid award. Although independent sudents CAN get more aid than dependent students, the interest rate for supplemental loans is higher, and is dependent on the STUDENT'S credit score, so students shouldn't depend on that. Students need talk to a financial aid counselor at their college or university, and knowing their own credit score is a big plus! Students are sometimes wrong to believe that working a lot of hours is always beneficial. The more hours students work, the more their EFC (Estimated Family Contribution) is, so depending on other expenses you may have, you may become ineligible for Pell Grants or loans. It is possible, as stated above, to use income made for this year, rather than using last year's income (tax return) if circumstances this year have changed for you. If you (or your parents) recently lost a job or had hours cut in 2009, please fill out a form that you can get at your financial aid office, mentioning your "unusual circumstances" or financial difficulties. It can't hurt! Good luck! Students may be able to be claimed as an independent student, which will allow them to have more aid. Also, if their parents are separated, and one makes more than another, students might be able to use the income of the parent who makes less as the basis for a financial aid award. Although independent sudents CAN get more aid than dependent students, the interest rate for supplemental loans is higher, and is dependent on the STUDENT’S credit score, so students shouldn’t depend on that. Students need talk to a financial aid counselor at their college or university, and knowing their own credit score is a big plus!

Students are sometimes wrong to believe that working a lot of hours is always beneficial. The more hours students work, the more their EFC (Estimated Family Contribution) is, so depending on other expenses you may have, you may become ineligible for Pell Grants or loans. It is possible, as stated above, to use income made for this year, rather than using last year’s income (tax return) if circumstances this year have changed for you. If you (or your parents) recently lost a job or had hours cut in 2009, please fill out a form that you can get at your financial aid office, mentioning your “unusual circumstances” or financial difficulties. It can’t hurt! Good luck!

]]> By: Twitted by Bankruptcy_411 http://www.educationgrant.com/2009/08/10/how-to-appeal-for-more-financial-aid/comment-page-1/#comment-285 Twitted by Bankruptcy_411 Tue, 11 Aug 2009 03:21:03 +0000 http://www.educationgrant.com/?p=957#comment-285 [...] This post was Twitted by Bankruptcy_411 [...] [...] This post was Twitted by Bankruptcy_411 [...]

]]> By: Twitted by FafsaHelp http://www.educationgrant.com/2009/08/10/how-to-appeal-for-more-financial-aid/comment-page-1/#comment-284 Twitted by FafsaHelp Mon, 10 Aug 2009 23:15:58 +0000 http://www.educationgrant.com/?p=957#comment-284 [...] This post was Twitted by FafsaHelp [...] [...] This post was Twitted by FafsaHelp [...]

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