potentially dumb question Forum
- goosey
- Posts: 1543
- Joined: Tue Aug 19, 2008 11:48 pm
potentially dumb question
is the need-based aid given by the school different than the financial aid given by the government? I am not sure how fafsa works for grad students, but does it basically just set you up with a financial aid package that is composed of loans or do they offer grants like they did in undergrad as well?
- Na_Swatch
- Posts: 467
- Joined: Sun Sep 20, 2009 4:40 pm
Re: potentially dumb question
Almost everyone gets 0 contribution from their FAFSA, setting them up for government loans (Subsidized Stafford and Unsubsidized). No grants from the government though.goosey wrote:is the need-based aid given by the school different than the financial aid given by the government? I am not sure how fafsa works for grad students, but does it basically just set you up with a financial aid package that is composed of loans or do they offer grants like they did in undergrad as well?
- goosey
- Posts: 1543
- Joined: Tue Aug 19, 2008 11:48 pm
Re: potentially dumb question
Na_Swatch wrote:Almost everyone gets 0 contribution from their FAFSA, setting them up for government loans (Subsidized Stafford and Unsubsidized). No grants from the government though.goosey wrote:is the need-based aid given by the school different than the financial aid given by the government? I am not sure how fafsa works for grad students, but does it basically just set you up with a financial aid package that is composed of loans or do they offer grants like they did in undergrad as well?
so the only free money one can count on is from the school itself? or outside scholarships
- Na_Swatch
- Posts: 467
- Joined: Sun Sep 20, 2009 4:40 pm
Re: potentially dumb question
yep. Although in a sense subsidized loans are free money, just not a lot of it.goosey wrote:Na_Swatch wrote:Almost everyone gets 0 contribution from their FAFSA, setting them up for government loans (Subsidized Stafford and Unsubsidized). No grants from the government though.goosey wrote:is the need-based aid given by the school different than the financial aid given by the government? I am not sure how fafsa works for grad students, but does it basically just set you up with a financial aid package that is composed of loans or do they offer grants like they did in undergrad as well?
so the only free money one can count on is from the school itself? or outside scholarships
- goosey
- Posts: 1543
- Joined: Tue Aug 19, 2008 11:48 pm
Re: potentially dumb question
Na_Swatch wrote:yep. Although in a sense subsidized loans are free money, just not a lot of it.goosey wrote:Na_Swatch wrote:Almost everyone gets 0 contribution from their FAFSA, setting them up for government loans (Subsidized Stafford and Unsubsidized). No grants from the government though.goosey wrote:is the need-based aid given by the school different than the financial aid given by the government? I am not sure how fafsa works for grad students, but does it basically just set you up with a financial aid package that is composed of loans or do they offer grants like they did in undergrad as well?
so the only free money one can count on is from the school itself? or outside scholarships
got it. thanks!
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