How can i finance online college if i have been turned down by fasfa?
Question:
Answer:
Technically, you cannot be turned down by FAFSA. The FAFSA (Free Application for Federal Student Aid) is just a form used to determine aid eligibility in the form of a number called the Expected Family Contribution (EFC). Your EFC is at the end of your Student Aid Report (SAR) which the government would have sent you after your FAFSA was submitted and reviewed. The EFC is a number that translates roughly into a dollar amount you (and your family) are expected to your educational expenses. If the number is zero, then you are not expected to contribute anything toward your expenses.
The actual amount of aid a student is eligible for is determined by the college/university the student will be attending. If an institution is eligible to give federal financial aid, the institution must publish its student budgets each year. These budgets contain both real and anticipated expenses. To calculate how much aid a student is eligible for, subtract the EFC from the expected Cost of Attendance. The remainder is the student's Unmet Need. This is the amount for which a student is eligible in grants, loans, and need-based scholarships. You can find out more information at the U.S. Department of Education student aid website.
If your family is receiving federal assistance (welfare), then you probably do not have a very high income. Check to see what your EFC is. The lower the number, the less you will be expected to contribute.
The online college you are considering may not be eligible to give federal student aid. This can happen for a number of reasons. You should check to see if the college is accredited by a regional accrediting agency. The Council for Higher Education Accreditation website has information about accreditation and "degree mills".
You should consider starting your education at a state-supported community (or junior) college. The cost of attendance will be lower.
contact your bank. I bank with wells fargo, and you can apply for student loans over the webby going to www.wellsfargo.com
usually fasfa will at least offer loans
go to the school you are planning to attend and see what scholarships they offer for freshman undergrad students
http://www.daylon.com/scholarship/...
that might help
Try: http://www.myrichuncle.com/
i would suggest moving out on your own, i go to online college and fafsa pays for it but they dont cover everything.
you can also look into pell grants and other government grants.
id start by getting a job and trying to get some grants, otherwise if you are not black or from another country i highly doubt youll get college for free in this lifetime
-Maria
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