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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

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

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SUPREME

6:37 pm on Feb. 16, 2008 | Joined: May 2006 | Days Active: 601
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kaylaandchaseforever

Quality Control Engineer
Ad Free

if u do it right it will pay for everything

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for people do not sing when they are feeling sensible.
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6:38 pm on Feb. 16, 2008 | Joined: Oct. 2007 | Days Active: 52
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Go Steph Go

Soothsayer
Patron

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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It's a love story baby just say yes

6:38 pm on Feb. 16, 2008 | Joined: June 2007 | Days Active: 522
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HatesYou

Guru
Patron

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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Ohhh, my, my. Oh, hell, yes.

6:39 pm on Feb. 16, 2008 | Joined: May 2007 | Days Active: 343
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1984 Gold

Visionary
Sustainer

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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Chinga tu madre, hijo de puta.

6:39 pm on Feb. 16, 2008 | Joined: Oct. 2006 | Days Active: 236
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gotyooadicted

Visionary

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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Life is fine. Fine like wine.

6:39 pm on Feb. 16, 2008 | Joined: May 2007 | Days Active: 494
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echohillsgolf

Wealthy Hobo

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

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[]D [] []V[] []D

6:49 pm on Feb. 16, 2008 | Joined: Oct. 2007 | Days Active: 244
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PimpMyHoes

Connoisseur

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

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7:47 pm on Feb. 16, 2008 | Joined: Dec. 2007 | Days Active: 133
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klutzyduck

aka dreamweaver
Sustainer
Support Leader
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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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12:14 am on Feb. 17, 2008 | Joined: June 2004 | Days Active: 1,240
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foreign lauren woman

Novice

nothing apparently i'm not poor enough

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1:38 am on Feb. 18, 2008 | Joined: Feb. 2008 | Days Active: 29
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Whitelighter

Wealthy Hobo

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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and then I crashed into you
and I went up in FLAMES..

10:36 am on Feb. 18, 2008 | Joined: June 2005 | Days Active: 434
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PimpMyHoes

Connoisseur

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

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11:44 pm on Feb. 18, 2008 | Joined: Dec. 2007 | Days Active: 133
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ScholarshipExpert

Novice

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
The Scholarship Expert

10:12 am on Feb. 20, 2008 | Joined: Feb. 2008 | Days Active: 8
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sccrvettel82

Novice

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

1:31 pm on June 19, 2009 | Joined: June 2009 | Days Active: 1
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sccrvettel82

Novice

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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