Learning Library Quick Answers Financial Aid Planning

What costs are included in the total cost of attendance?


Answer: Tuition, fees, room and board, book and supplies, transportation, personal expenses, other special program fees, a compute....

What does "income earned from work" for each parent have to do with the EFC amount?


Scenario: What does "earnings by each parent" have to do with the EFC calculator? Is the EFC based off the AGI or off the earnings....

What does simplified EFC mean?


Answer: If a family's income is under $50,000 and they file a short tax form, they qualify for the Simplified EFC, meaning assets ....

What fee's are involved with the PLUS loan?


Answer: Yes, there is a 3%+ origination fee and up to a 1% guarantee fee. These fees will be deducted from the loan amount.....

What happens if my child drops out before the student loan is fully disbursed?


Answer: You can instruct the school to return or cancel any remaining disbursements.....