If a government grant me an expensive college like NYU?

In: Financial

5 Sep 2010




I live with my parents, but only one works. It is the provision of housing for their children (we are 3, 2 are at school / work), and his income is very low teens. Would FA be able to cover the cost of college for me? And I must repay?

Perhaps, but you must accept the fact that with the end loans. If you have a very low EFC, you can get grant money, but the maximum annual grant from the federal government is only 5550 (Any help is divided into two parts and divided between fall and spring, by the way). State subsidies are smaller. Work-study can help, but it’s like a regular job and is therefore not fail to pay the initial costs. These forms need not be repaid. Loans, on the other hand, will be refunded. You can also pay at the end to either your parents a loan, PLUS loan, the cost or a private loan, depending on whether you are suitable. You can apply anytime for a scholarship. But beware, many students, very low-income students, even at the end for a cheaper school if they can not find scholarships.





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