At What Income Level Is Financial Aid Game Over - College Grants & Scholarships

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  • เผยแพร่เมื่อ 5 ต.ค. 2024
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    In this video, At What Income Level Is Financial Aid Game Over - College Financial Aid & Admissions Basics we go over what income levels make it possible to get financial aid. In the video we discuss federal grants, state grants and college grant aid and at what income levels mean to grant aid. Income levels of up to 250,000 of adjusted gross incomes allow for college grant aid.
    A Federal Pell Grant, unlike a loan, does not have to be repaid, except under certain circumstances. Find out why you might have to repay all or part of a federal grant.
    You may not receive Federal Pell Grant funds from more than one school at a time.
    How to Apply
    You should start by submitting a Free Application for Federal Student Aid (FAFSA®) form. Schools use the information on the FAFSA® form to determine your eligibility for a Pell Grant, and if so, how much you’re eligible to receive. You will have to fill out the FAFSA form every year you’re in school to stay eligible for federal student aid, including Pell Grant awards.
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ความคิดเห็น • 15

  • @sivasubramanianvb7835
    @sivasubramanianvb7835 3 หลายเดือนก่อน

    Very excellent information. Thanks for providing this so clearly.

  • @malibuman8941
    @malibuman8941 3 หลายเดือนก่อน +2

    So you get no fed/state aid if you make >100k - < 150k.. even if you have 3 kids going to college ?

  • @robertneumeyer2329
    @robertneumeyer2329 3 หลายเดือนก่อน

    Thanks for the info, Ed!

  • @ReRe-hh5my
    @ReRe-hh5my วันที่ผ่านมา

    Hi. One income and one child. I make $84,000. We live In NY but have $400,000 equity in a 2nd home. How do they factor the equity into my financial need? Thanks! This video was very informative.

  • @Andocus1213
    @Andocus1213 3 หลายเดือนก่อน +2

    How do private or state colleges handle the situation of low income - high investment balance? For example $30k of w2 income + $10k dividents per year while having $500k invested in stocks in regular taxable accounts.
    Thank you

  • @StevenStulbaum-t9s
    @StevenStulbaum-t9s หลายเดือนก่อน

    The videos are great. Should I not fill out the FAFSA if the family income is over, $250k? Is there harm completing FAFSA? I keep hearing different answers. Question is not from me. Could I call you for a 5 minute call. Again, a lot of information in a short period of time. This is really helpful.

  • @davidt6060
    @davidt6060 2 หลายเดือนก่อน

    I just discovered your channel and am really enjoying it. Can you do a similar video for the max (reportable assets) for financial aid? Is it as straightforward as if 5.64% of assets > cost of one year college, then no financial aid.

  • @ReRe-hh5my
    @ReRe-hh5my หลายเดือนก่อน

    This was super helpful and to the point. Now that I know where I fall on the chart regarding my personal income? How does owning a rental house other than my residence factor in? I have $400,000 equity. How does that change my eligibility for financial aid?

  • @wandarella2024
    @wandarella2024 19 วันที่ผ่านมา

    Bubble burst! But I appreciate the information early on. - Hasbrouck Heights, NJ Class of 2025

  • @venturework
    @venturework 3 หลายเดือนก่อน

    Great info. Columbia HS '25

  • @leehashazam5796
    @leehashazam5796 3 หลายเดือนก่อน

    I have a quick question! does both parents need to create their own FSA ID? or just one of them need to create their own ID? Also, one parent must sign in the child's FAFSA form right?

  • @blackandgreendragonadventu5054
    @blackandgreendragonadventu5054 15 วันที่ผ่านมา

    Thanks for the details; West Morris Central High School 2025

  • @sivasubramanianvb7835
    @sivasubramanianvb7835 2 หลายเดือนก่อน

    Hi Ed, I find your videos very helpful. I have a question. I am financially supporting my aged parents (father is 85 years old, and mother is 78 years old). They have zero income and zero assets, so their entire financial support is on me. Is there any way to put this in FAFSA? My son is applying for Fall 2025 Graduate colleges. Pls give any guidance on this. Thanks much.

  • @sshkvr
    @sshkvr 3 หลายเดือนก่อน

    why does my FAFSA form still “in progress ” even though i submitted everything and provided signature, and also received two letters that my and my contributor part was completed.. FAFSA still in progress

  • @chris-zu6sf
    @chris-zu6sf 19 วันที่ผ่านมา

    No responses back with 13.1K subscribers? Please follow up.