Essay about Information about Financial Aid - 1063 Words

Financial Aid Financial aid is money in the form of loans, grants and employment that is available to a student to help pay the cost of attending. Financial aid comes from the federal government, which is the largest provider of aid, as well as state government, the school and a variety of other public and private sources. If you think your educational expenses are more than you and your family can afford, you should apply for financial aid using the Free Application for Federal Student Aid (FAFSA). You will need to apply for financial aid every year by completing a FAFSA. The FAFSA includes all the information necessary to determine your eligibility and must be completed if you want to be considered for any of the federal programs†¦show more content†¦Ã¢â‚¬ ¢nbsp;nbsp;nbsp;nbsp;nbsp;Supplemental Educational Opportunity Grant (SEOG) - This grant is available only to undergraduates having the greatest financial need. Awarded on a first-come first-served basis by the Office of Financial Aid until all federally allocated funds are awarded. †¢nbsp;nbsp;nbsp;nbsp;nbsp;Oklahoma Tuition Aid Grant (OTAG) - OTAG is available to Oklahoma residents. Awards are made by the Oklahoma State Regents based on the information provided on the FAFSA. Recipients will receive an award notification from the Oklahoma Tuition Aid Grant Program. Early application, prior to April 15th is requested. For more information, please call the OTAG program directly at 405-234-4356. LOANS - borrowed money that has to be paid back over a period of time, after the student ceases to be less than a halftime student. Loans offered at: †¢nbsp;nbsp;nbsp;nbsp;nbsp;Subsidized Stafford Loan - (Formerly Guaranteed Student Loan) Federal Stafford Loan funds are borrowed from a lending institution (e.g., a bank or credit union). Eligibility for this low interest loan is based on financial need. Students must be enrolled at least halftime to receive a loan. The borrower should check with the organization that holds the loan for the interest rate. Repayment begins six months after enrollment drops below half time. The federal government pays the interest on this subsidized loan while the student is in school or in deferment.Show MoreRelatedOverview (Salinas):. Kean University Is A Public University1694 Words   |  7 PagesOffice of Financial Aid. The Office of Financial Aid is devoted to offering different services and information to students attending Kean. Located on first floor of the Administration Building, The Office of Financial Aid is open Monday through Saturday and offers phone hours Monday through Friday. S tudents can schedule an appointment, where they will have a chance to sit and speak with a financial counselor. Students who attend Kean, can follow updates from The Office of Financial Aid through theirRead MoreApplicants With Questions982 Words   |  4 Pagesmultiple areas for students to find information to answer their questions or concerns. If the student had questions concerning what to do before applying to college, there was a section that had information on how to choose a career or school, budgeting, how to be financially responsible, and etc. (U. S. Department of Education, n.d.-d). Under this section, there was also a link for other help options (U. S. Department of Education, n.d.-d). This area provided information where the student could find additionalRead MoreSoftwares Used by Kean University’s Offices702 Words   |  3 PagesKean University’s offices of Financial Aid, Registrar, and Student Accounting. In interviewing Scott Martin, in the office of Computer and Information Services, our group has gained insight into what the department does and how, along wit h how the procedures could be improved. We also interviewed Mukesh Patel, who is in oversees information system operations for the Office of Financial Aid. The main purpose of this paper is to discuss how Kean has used information systems and databases to improveRead MoreThe Cost Of A Higher Education958 Words   |  4 Pages2015, p. A14). According to new reports, 27.3% of student loans are delinquent and that on average a student’s loan debts is roughly a little over $20,000. (Investor’s Business, 2015, p. A14). Block (2014) says that about 40% of loan borrowers had a balance less than $10,000 and that about 3.7% had balances that were over $100,000. Although these numbers can seem daunting and a little disconcerting, with the right knowledge and education, students can obtain their degrees and have minimal debt toRead MoreEssay on Marketing Research Example1738 Words   |  7 PagesJoBDeK Research will perform research to collect and compile data regarding the Blackhawk Technical College Financial Aid Department’s service and favorability among current students. Our goal is to answer the question â€Å"What are students’ attitudes towards the Financial Aid Department at Blackhawk Technical College?† We will be looking for satisfaction and dissatisfaction with the Financial Aid Department at Blackhawk Technical College. We at JoBDeK have started the marketing research process byRead MoreCollege Is Not For College1486 Words   |  6 Pagesfor their college education. Early exposure to college provides a practical solution to this problem. While ninth grade is typically viewed as a good time to start thinking about college, it would be more beneficial to students if they started before then in middle school. Students would receive information about financial aid and admissions. They would be able to plan which classes to take and activities to join in high school in order to obtain scholarships and admission. Completing these actionsRead MoreCollege Enrollment Versus College Students Essay1596 Words   |  7 Pagesvarious articles related to academic undermatching, we found a variety of reasons. In what follows, we will explore—in relation to underrepresented students—the way different methods of conducting research may affect data, how access to information about financial aid affects college selection, the role of college-going culture in high schools, and issues related to student autonomy in choosing which college to attend. Ultimately, we find that academic undermatching is a complex issue that needs a definitiveRead MoreAvoiding Using Student Loan932 Words   |  4 Pagesthe problem is not solely about going to either a cheaper or expensive college, it is about building an effective financial plan towards whatever kind of college you choose. Financial aid is available for this course, but accepting student loans should be generally avoided. I believe college students need to be aware of the abundant means available to pay for college aside utilizing student loan; college students should regard accepting student loan as a last financial resort. Many people would acceptRead MoreCredit Union Case Study748 Words   |  3 Pagessecurity is paramount in notifying the membership of current trending phishing and other cyber-attacks to help protect the members as well as our financial stature. These three messages that the potential member will spend less, save more, and be secure are the prominent messages found throughout the credit union’s outreaches. (About PSECU, n.d.) As financial organizations are beginning to offer similar offerings, PSECU can edge out banks and many credit unions through its reduced rates and fees dueRead MoreShould College Be Necessary For A Decent Job?968 Words   |  4 Pagesactually need by misinforming and neglecting important information the students and their families. (Asher) According to â€Å"Student Debt State Policies leave Families with Few Good Options,† students are commonly pressured into requesting student loans that they do not actually need by corporations in the way of leaving families with few other options for financing college tuition except by obtaining scholarships, grants, and other financial aid which they convince students is very difficult to receive