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How can I get financial aid for college?

How much financial aid( FAFSA) can you get to go to a 4 yr college, is it more than at a 2 yr college?

  • For example if you go to a 2 yr college you only get a certain amount (800 a semester is how much some of the students I talked to got) but that doesn't seem like enough at all if you go to a 4 yr college? if it matters which state, lets say California or Colorado?

  • Answer:

    FAFSA is used to develop the financial package your school provides for you. There is no one-size fits all formula (like $800 a semester). It depends on financial need of the student. Also, financial aid breaks down to several categories: institutional and tuition grants, work-study, Perkins loans, Pell grants, unsubsidized or subsidized loans, etc. Schools use FAFSA to determine eligibility of a student for financial assistance. Once it is completed, schools then determine the allocation for each segment of the financial aid package.

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If you go to a 4 year school it will be much more, depending on the cost of the school and your financial status. I go to a pretty costly school (around $20,000 a year roughly), and I get about $4,500 from FAFSA in addition to my scholarships from the school. If your family is good financially and you're going to a fairly cheap school, then you will get less.

jjc927

generally 3500 Subsidized and 2000 un subsidized first year 4500 subsidized second and 5500 the last 2 years susbisizeed and I believe the amount can not go over 50k. But FAFSA has Pell grant and some others so fill it out and see what you get. If you need money go to www.fastweb.com talk to admissions and everything to get scholarships and stuff. If you make DEANS LIST the usually give you waivers and stuff like that for a certain amount of hours. There is a lot out there you just got to look my friend. Oh and un susbizised is 2k a year all 4 years

ru4thewwe

You can get UP TO the cost of attendance at any school. Two or four years, private, for profit, it doesn't matter. HOWEVER, there are limits on the loans a student can take out. Dependent freshman can only borrow up to 5,500 a year. Dependent sophomores 6,500 a year.... So if your school is more than this and you don't qualify for any state grants, federal grants or don't get any scholarships, then your parents would be offered the rest of your cost of attendance (minus your EFC) in a parent PLUS loan. If you are limiting yourself to grants and student loans (not parent loans) then the amount you will receive from the feds is usually the same at a two year school or a four year school.

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