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What Is Financial Aid And How Does It Work?

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What Is Financial Aid And How Does It Work?

Postby Wattesone » Thu Oct 19, 2017 8:44 am

is it to pay for tuition/ enrollment or is the tuition fee waivered/ already paid for from the financial aid? i asked the financial aid office and they weren't very clear. they told me its for living expenses like rent, gas,books, and food and that the tuition is waivered. so is the enrollment/ tuition fee excused/waivered?
Wattesone
 
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What Is Financial Aid And How Does It Work?

Postby Wulfsige » Thu Oct 19, 2017 9:13 am

Usually, when people say financial aid, they mean scholarships and grants, i.e. aid that you don't have to pay back. The average amount of this aid can be up to more than $40,000 per year at expensive colleges with a large endowment. In addition to that there are of course loans, which you do have to pay back.

If they told you that you don't have to pay tuition, then that is probably true. Each college you apply to should send you a detailed financial aid offer with your admissions offer.
Wulfsige
 
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