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Wealth-Based Pell Grant Could Reduce Student Debt and Racial Wealth Inequality

Diverse: Issues in Higher Education

Their research supports the creation of a wealth-based Pell Grant to supplement the traditional Pell Grant, which offers financial support to students from low-income backgrounds. The policy incorporates information already collected in the FAFSA form, which is used to distribute Pell Grants.

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Pell Grant Increase Will Help Low-Income Students, But More is Needed

Diverse: Issues in Higher Education

29, the new federal spending plan is set to increase the Pell Grant in 2023, allowing low-income students a chance to access up to $7,395 each year. Coupled with the $400 increase in the 2022 fiscal year, this is the largest two-year increase ever in the history of the grant. The total student loan debt reached $1.75

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Understanding Financial Aid: Loans, Grants, and Work-Study Explained

CFAA College Financial Aid Advisors

Heres a few key terms that you need to know when it comes to loans, grants, and work-study! Loans: Loans can be a tricky part of your financial aid package. You need to apply for federal student aid (FAFSA) to be considered for work-study. Its not guaranteed, so make sure to fill out your FAFSA form early.

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5 Common FAFSA Myths Debunked: How to Pay for College

CFAA College Financial Aid Advisors

The FAFSA is an important part of the college application process, but it can feel a little bit larger than life if youve never completed the paperwork. For some students, the application feels overwhelming and instead of figuring it out or asking for help, they skip submitting it. Myth: FAFSA is Only for Federal Aid.

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5 Big FAFSA Updates That Will Impact Your Financial Aid This Year

CFAA College Financial Aid Advisors

For students preparing to apply for financial aid, the Free Application for Federal Student Aid (FAFSA) is a crucial part of the process. With recent changes to the FAFSA process, it’s important to stay informed about whats going on. This can help to maximize your eligibility for aid and financial aid funding.

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Understanding the FAFSA Deadlines: Don’t Miss Out on Money for College!

CFAA College Financial Aid Advisors

If you’re planning on attending college and need financial aid, then filling out your Free Application for Federal Student Aid (FAFSA ) is an essential step. But its not just about submitting the FAFSA you need to be aware of the deadlines to make sure you dont miss out on the financial assistance you need.

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The Ultimate Checklist for Completing The FAFSA

CFAA College Financial Aid Advisors

High school seniors who are ready to unlock financial aid and take the next step toward your education, it’s time to file your FAFSA. Completing the FAFSA (Free Application for Federal Student Aid) is one of the most important tasks you’ll need to tackle as you prepare for college. You can sign electronically with your FSA ID.

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