FAFSAs FAQ Page?
• What is financial need and how is it determined? What are eligibility requirements? How is the cost of attendance (COA) calculated? • Will scholarships and other resources impact my other financial aid awards? • How do 529 Plans affect financial aid? • How will I be notified after I have done my FAFSA or FAFSA corrections? • When and how will I get my money? • How should I report my financial aid and scholarships on my tax return? • Can I lose my eligibility for financial aid because of a low G.P.A. or too few credits? (What is Satisfactory Academic Progress?) • How much have I borrowed in student loans? • My mother and father don’t support me; can I be considered an independent student? • I will be getting married. How should I fill out my FAFSA? • My mother and father are divorced. Which parent’s income do I show? Scholarships • How do I apply for UI Scholarships? • What scholarships does the U of I offer? • Is there a limit to the amount of scholarships and grants I can receive? •