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  LiveWire / College Forums / Financial Aid, Scholarships & Internships / Viewing Topic

how much does fafsa give you?
Replies: 14 — Last Post June 19 1:35pm by sccrvettel82
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( The Artery )


Omnipotent One
Patron 		Reply
does financial aid help pay for everything ? or is there a certain amount that they give you?

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kaylaandchaseforever

Quality Control Engineer
Ad Free 		Reply
if u do it right it will pay for everything

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Enlightened One
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I don't think it pays for everything.  It just depends on your financial situation but they'll give you a decent amount.

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HatesYou


Happy Turtle (:
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they only help you for certain things, for the books and other expenses, however, you're on your own. try looking up some scholarships that'll help you out with that.

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Precarious


Soothsayer
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Quote: from kaylaandchaseforever at 6:38 pm on Feb. 16, 2008
if u do it right it will pay for everything

no fucking way

yes!

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gotyooadicted


Visionary 		Reply
Quote: from kaylaandchaseforever at 9:38 pm on Feb. 16, 2008
if u do it right it will pay for everything

um no.
the amount of aid each school will give you is based on your's/your parents' tax returns

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echohillsgolf


Wealthy Hobo 		Reply
If you qualify, yes they the gov. will pay for everything but thats usally not the case.

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PimpMyHoes

Connoisseur 		Reply
it gives me like nothing. my school gives me about 30K a year though for being poor

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dreamweaver


Fight it...
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Support Leader
Tech Support Leader 		Reply
Very rarely does fin aid pay for everything... You would have to be one of the first to send it in and one of the most needed ones (in other words, your parents don't make much money).

For whatever reason- DO NOT LET YOUR FAMILY MEMBERS PAY FOR YOUR TUITION! I made that mistake but believe it or not, it has actually screwed up my financial aid rather badly. I could have been getting twice as much if my grandma didn't help pay for my tuition my freshman year. If your grandparents or whoever wants to help you, tell them they can help with books and supplies and such.

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foreign lauren woman

Novice 		Reply
nothing apparently i'm not poor enough      

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Whitelighter


Wealthy Hobo 		Reply
It depends on you and your family's financial situation. Some people will get a heaping load of money and others will get absolutely nothing. I'm probably not going to get anything because on paper, it looks like my parents make a lot of money and they expect every family to make a contribution.

But my family's not contributing so its all on me. No one said the system was perfect.

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PimpMyHoes

Connoisseur 		Reply
you guys should all get your parents to invest their money abroad

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ScholarshipExpert


Novice 		Reply
First of all, FAFSA is not financial aid in itself. It is a form through the government that determines your financial need. Depending upon your parents income (and yours), you may or may not qualify for federal grants (free money) and other scholarships.

Colleges use this form to determine how much financial aid you are qualified to receive. For example, Joe Student fills out the FAFSA and enrolls at UNF. His parents make $70,000 combined. His package may be around $16,000 for the school year (fall/spring). That means Joe cannot receive aid that totals more than $16,000. This includes loans, grants and scholarships.

If you do receive scholarships that total more than you need to pay for tuition, fees and other college funding, you may have to count the money as earned income and pay taxes on it.

It is possible to pay for your entire education through scholarships, but to avoid paying taxes, you must show the funds were used for school.

To learn more about scholarships and taxes, go to www.irs.gov

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Tamara
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sccrvettel82


Novice 		Reply
the FAFSA government grants total a maximum or $4,731.00 per academic year at the maximum.
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sccrvettel82


Novice 		Reply
Stafford Student loans can be up to 9,500 during year one, 10,500 during year 2, and 12,500 each year during years 3 and 4 of your education.
1:35 pm on June 19, 2009 | Joined: June 2009 | Days Active: 1
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