Financial Aid

Q&A

Top 10 Questions

Have question about you Financial Aid offers?

We strive to provide easy explanation through these resources with the hope of getting you familiarized with these items.

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Table of Contents

1) What is the FAFSA?

2) What is Federal Work-Study

3) Do I have to reapply for financial aid each year?

4) If I drop a course or withdraw, what will happen to my financial aid?

5) Can I use financial aid to pay for courses I repeat?

6) Do I have to be enrolled full-time to receive financial aid?

7) Can I receive a Pell Grant if I go to school year-round

8) How much financial aid can I receive in my lifetime?

9) Can I receive financial aid at more than one college?

10) Will I still get financial aid if I have been selected for Verification?

1) What is the FAFSA?

Short answer: The FAFSA is a free application to apply for grants, work-study, and student loans. It is available every year on October 1st.

1) What is the FAFSA_ _ Demo Comprehensive _ Ocelot.mp4

2) What is Federal Work-Study

Short answer: Federal Work-Study is a part-time job offered mainly on campus for students to earn money with a flexible schedule with their study.

2) What is Federal Work-Study_ _ Demo Comprehensive _ Ocelot.mp4

3) Do I have to reapply for financial aid each year?

Short answer: Yes, you need to reapply for financial aid each year by completing the FAFSA every year.

3) Do I have to reapply for financial aid each year_ _ Demo Comprehensive _ Ocelot.mp4

4) If I drop a course or withdraw, what will happen to my financial aid?

Short answer: You may be required to repay the award if you drop or withdraw from classes before completing 60% of the enrollment period, consult with your Financial Aid Office before dropping or withdrawing a class.

4) If I drop a course or withdraw, what will happen to my financial aid_ _ Demo Comprehensive _ Ocelot.mp4

5) Can I use financial aid to pay for courses I repeat?

Short answer: Yes in some cases, but make sure to check with the Financial Aid Office.

5) Can I use financial aid to pay for courses I repeat_ _ Demo Comprehensive _ Ocelot.mp4

6) Do I have to be enrolled full-time to receive financial aid?

Short answer: No, for most forms of financial aid. Check with the Financial Aid Office to verify enrollment requirements for the aid.

6) Do I have to be enrolled full-time to receive financial aid_ _ Demo Comprehensive _ Ocelot.mp4

7) Can I receive a Pell Grant if I go to school year-round

Short answer: Yes, if you meet the requirements.

7) Can I receive a Pell Grant if I go to school year-round_ _ Demo Comprehensive _ Ocelot.mp4

8) How much financial aid can I receive in my lifetime?

Short answer: The maximum you can receive is equivalent to roughly 6 years of 12 full-time semesters. You can check how much you have used on the Federal Student Aid website.

8) What is the Lifetime Eligibility Used (LEU) for Pell Grants_ _ Demo Comprehensive _ Ocelot.mp4

9) Can I receive financial aid at more than one college?

Short answer: No, you can only receive financial aid at one of the school.

9) Can I receive financial aid at more than one college_ _ Demo Comprehensive _ Ocelot.mp4

10) Will I still get financial aid if I have been selected for Verification?

Short answer: In most cases, no. You will have to complete verification for the award to be disbursed.

10) Will I still get my financial aid if I have been selected for Verification_ _ Demo Comprehensive _ Ocelot.mp4

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FAFSA®: Getting Started 2022-23 | Demo Comprehensive | Ocelot

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