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Is there an income level cutoff to qualify for financial aid?

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Is there an income level cutoff to qualify for financial aid?

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Profile photo of LindseyMyer LindseyMyer

Income levels can affect grant eligibility. However, student and parent loans are offered to help finance a student’s education regardless of income level.

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No. There are many factors in addition to income which are used to determine eligibility for need-based aid. In addition to income, things such as family size, number of people in college, assets, and parents age are considered when determining a family’s ability to pay.

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