Q:

Can I get financial aid for living expenses while I go to school?

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Quick Answer

According to Student Financial Aid Services, students can receive financial aid for living expenses while going to school. The student is likely to receive a financial aid package that may include a combination of scholarships, grants, federal loans and private loans.

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Can I get financial aid for living expenses while I go to school?
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Full Answer

Typically, the tuition is covered by scholarships and need-based grants, while the rest of a student's living expenses can be covered through federal or private loans. However, scholarships and grants do not need to be paid back, and both federal and private loans do require repayment. Most often, if a student wishes to pay for living expenses, that money has to come from loans, as grants do not often cover more than tuition.

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Related Questions

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    What is a sample letter requesting college financial aid?

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    A sample letter requesting college financial aid is an example of how to write and list reasons why a student should receive funding to attend college. The sample letter may be needed to accompany online or paper-based financial aid applications and financial forms, such as tax returns and financial aid transcripts from previous education institutions.

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    How can you apply for financial aid for school?

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    Individuals can apply for financial aid for higher education by filing a Free Application for Federal Student Aid and completing applications for private scholarships, states the U.S. Department of Education. The FAFSA can be completed online or downloaded and printed from the U.S. Department of Education website.

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    How do you apply for financial aid?

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    To apply for financial aid, an applicant must complete the Free Application for Federal Student Aid through the U.S. Department of Education and complete an application for financial aid at the institution of higher learning where she desires to attend. Additional forms may be required by the college.

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    Is there an income limit required to get financial aid?

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    Income is one factor the U.S. government uses to determine financial aid, but there is no specific income level that disqualifies students and their families form financial aid, says Scott Weingold for The Huffington Post. Regardless of family income, all students should complete a Free Application for Federal Student Aid.

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