Affording College An Introduction to Financial Aid

Table of Contents

Introduction

What is Financial Aid?

Types of Financial Aid

What is Need?

Need Analysis

Free Application for Federal Student Aid (FAFSA)

How the EFC is Calculated

Alternate Methods for Determining EFC

Types of Need-Based Aid

The Role of the Financial Aid Office

The Federal Pell Grant Program

Campus-Based Federal Aid Programs

Federal Supplemental Educational Opportunity Grant

Federal Work-Study

Federal Perkins Loan Program

Federal Family Education Loan Program

Federal Stafford Loan Program

Federal PLUS Loan Program

William D. Ford Federal Direct Loan Program (FDLP)

Health and Human Services Programs

Other Resources

Conclusion

Glossary

Adapted with permission from "Financing Education Beyond High School,"
a presentation by the National Association of Student Financial Aid Administrators.

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