Carol asks…How accurate is the fafsa on the web submission confirmation?My daughter applied for fafsa online and submission confirmation shows EFT =3489
a federal pell grant of up to $2100.
is this mean she will deffinitly get some amount of grants either $2100 or less?
Also, how often can she apply for fafsa? can she apply again in Janually 2011 for school year of 2010~2011?lisa answers:Careers.scienceontheweb.net – it has detailed info how to apply for financial aid and scholarships to get more cash.Nancy asks…What is the difference between Ford loans and FAFSA?I know they are both federal loans but what makes them different? I have already applied and recieved acceptance for my fafsa but will I get more money if I apply for a Ford Loan?
Also will the ford loan be more expensive than FAFSA?lisa answers:The FAFSA is merely a FORM from which the Department of Education assesses your eligibility for Federal Financial Aid. Yes, all FEDERAL and most STATE aid in the form of either grants or loans come from that form!
REPEAT: The FAFSA is a form that your FA Office will send to the DOE to see whether or not you are eligible for any grants or loans. Grants are NEED-BASED and never have to be paid back. Any LOANS you have to take out will go into repayment mode 6 months after you leave school or drop below 1/2 time.Michael asks…How long does it take for the school to recieve the FAFSA application?I filled out a FAFSA around two weeks ago and I listed the school I plan on attending. I checked my account for that school and it says “You do not have a current financial aid application on file.” and I have been frequently checking my email for messages from them. I’m just wondering approximately how long does it usually take for schools to recieve your FAFSA.
I’m currently a high school senior planning on attending in the fall 2011 semesterlisa answers:Depending on when you’re starting, like later in the fall, they haven’t put a package together for you.
A school usually gets the FAFSA report, if all signature requirements have been met, in 3-5 business days. Sometimes more, sometimes
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