Understanding Financial Aid The Entire College Process Webinar
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 Published On Sep 21, 2023

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The "College Aid Presentation" will cover the financial aid process and the important items to consider while applying to college during the pandemic. Also our new scholarship program.

-New Changes to the Fafsa form
-Changes to the Federal loans
-Loan Forgiveness
-The New NJ Garden State Grant Programs
-State Financial Aid Changes
-The Impact of Early Decision and Early Action on Financial Aid
-New Deadlines for the College Process

Grants
A grant is a form of financial aid that doesn’t have to be repaid (unless, for example, you withdraw from school and owe a refund, or you receive a TEACH Grant and don’t complete your service obligation). A variety of federal grants are available, including:
Pell Grants,
Federal Supplemental Educational Opportunity Grants (FSEOG),
Teacher Education Assistance for College and Higher Education (TEACH) Grants, and
Iraq and Afghanistan Service Grants.

Learn About Grants
Scholarships
Many nonprofit and private organizations offer scholarships to help students pay for college or career school. This type of free money, which is sometimes based on academic merit, talent, or a particular area of study, can make a real difference in helping you manage your education expenses.

Learn About Scholarships
Work-Study Jobs
The Federal Work-Study Program allows you to earn money to pay for school by working part-time. You’ll earn at least the current federal minimum wage. However, you may earn more depending on the type of work you do and the skills required for the position. Your total work-study award depends on
when you apply,
your level of financial need, and
your school’s funding level.

Learn About Work-Study
Loans
A loan is money you borrow and must pay back with interest. If you apply for financial aid, you may be offered loans as part of your school’s financial aid offer. When you receive a student loan, you are borrowing money to attend a college or career school. You must repay the loan as well as interest that accrues. It is important to understand your repayment options so you can successfully repay your loan.

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