What Is Federal Seog Loan
I’m going to a new school and I need HELP on financial aid things, can someone tell ma what should I do?
ok, so I filled out my FAFSA for this school, the finacial aid they gave me looks like this:
Federal Pell Grant: $4731
Federal SEOG: $400
Stafford Loan: $3500
…but then it says that my Fed COA is $29720 (BTW, what’s the Fed COA?). What it used to say before was that the $29720 was like an estimate of the cost of the whole school year. I’ll be an out of state student. I wasn’t sure if I was attending to I’ve lost a lot of time. I can’t afford to pay all that by myself, classes start on August, I have no one to help me understand all this things and help me do all I have to do.
How do I get a college loan? how long does it take?
Will federal financial aid help me pay housing, books and with a meal plan???
I used to attend a com. college and financial aid paid it all for me even the books. My EFC is 0.
Where can I get some scholarships? (i’ve already tried some sites that were helpless).
Anyone attending University of Utah?
I’m so confussed =[
the COA stands for the Cost Of Attendance. This is an estimate of the cost it would be for an out-of-state student to attend that college for one year. Your ACTUAL cost may be more or less depending on your individual situation. Your school should have a chart available showing the breakdown of the COA and which categories they used to come up with that number.
With an EFC of 0 you show the most “need”. This means you are eligible for the maximum amount of financial aid.
The Stafford loan that you qualify for is a subsidized student loan. This means that as long as you are in school above half-time the government will pay the interest for you. After you leave school the interest on this loan will be 6.0%. As a first-time student loan borrower you will need to contact your school to find out what their loan application process is. It varries from school to school.
You may also qualify for an additional unsubsidized stafford loan. Ask your school about this option. Many schools don’t package these types of loans on the student’s award letter. You need to ask about them.
If you are still interested in scholarships check out these sites:
http://www.fastweb.com
http://www.scholarship.com
http://www.collegeboard.com
http://studentaid.ed.gov