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You'll be asked to list any assets you or your parents have, but what counts as an asset?
questions & answers

What Counts As An “Asset” On The FAFSA?

By College Raptor StaffLast updated on March 18, 2024
When filing the FAFSA, you and your parents have to report certain assets Your assets are used to calculate how much need-based federal aid you are eligible for The FAFSA will verify your assets before calculating your eligibility To qualify for federal financial aid for college, you have to fill out the FAFSA (Free Application …
Pile of 100 dollar bills.
questions & answers

Can You Apply For Too Many Scholarships?

By Hilary CairnsLast updated on January 22, 2024
You cannot apply to too many scholarships for college. While it is possible to win too many college scholarships, this issue is extremely rare. If you receive too many financial awards designed for tuition, students should reach out to their financial aid department and the scholarship provider regarding the next steps. Can You Apply to …
government loans
questions & answers

What Do You Do If You See an Error on Your FAFSA?

By Hilary CairnsLast updated on December 22, 2022
We all make mistakes. Thankfully, some of them are correctable! That’s true for a number of errors you may make on your FAFSA. If you notice any mistakes on your Free Application for Federal Student Aid after you’ve submitted it, here are some steps to take. Make a Correction Making corrections for your FAFSA is …
Coins super close-up.
questions & answers

Is There Any Way To Attend College Tuition-Free?

By College Raptor StaffLast updated on March 1, 2023
Tuition free education seems like a tall order, an impossible dream. Reading about student loan debt is common. The more you read about it, the more it seems like all students who attend college take huge loans and graduate with massive debt. Unfortunately, what goes unmentioned is the number of students who attend college tuition-free …
An extended repayment plan lets borrowers pay less every month and extend the time spent repaying.
questions & answers

What Is an Extended Repayment Plan?

By College Raptor StaffLast updated on August 14, 2024
The Federal government gives Federal student loan borrowers several different repayment options to make it easier for them to pay back their loans. One such option is the extended repayment plan. This plan allows borrowers to make lower payments every month by extending the tenure of the loan from the standard plan of 10 years …
Can you change your student loan servicer?
questions & answers

Can I Change My Student Loan Servicer?

By College Raptor StaffLast updated on December 22, 2022
First off, we should define what a servicer is. Many people use the terms servicer and lender interchangeably, but a servicer helps you manage the loan, while a lender is the one who gives you the loan and sets the terms. With that in mind, can you change your student loan servicer? What if your …
How do you tailor or personalize a scholarship essay
questions & answers

How Do You “Tailor” or “Personalize” a Scholarship Essay?

By Allison WignallLast updated on December 22, 2022
Many students look for scholarships to fund their college education. While researching scholarships and scholarship application tips, you may have come across the phrase “tailor your essays” or “personalize your application.” But what exactly does that mean, and how do you do tailor or personalize a scholarship essay? What are Tailored / Personalized Essays? “Tailor-made” …

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