Financial
Aid
1.
How much Financial Aid will I receive?
Your
Financial Aid is initially determined by a formula developed by
the federal government. Basically, they take your expected amount
of contribution by you and your family and compare it to the cost
of the education you wish to seek. Financial aid awards are intended
to make up the difference. The amount of aid you receive is not
determined by the FAFSA results though. Your award amount will actually
vary because the final decision is made by the financial aid office
of each school. Aid will therefore vary from college to college
because costs differ for each school and program.
2.
When should I apply for Financial Aid?
You
should apply for Financial Aid as early as possible. Contact the
financial aid office of each school or program you want to apply
to and find out their deadlines and procedures. You can submit the
FAFSA form anytime between January 1st and June 30th for the school
year beginning in autumn. Some colleges and Washington state aid
sources however, have deadlines in January and February so the sooner
you apply, the more financial resources you will be considered for.
3.
What if my situation changes after I apply for aid?
Give
the new information to your school’s financial aid office
and they will determine if the change affects your amount award
or eligibility status.
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