What are the eligibility requirements for need-based financial aid for accounting degrees?
In general, to be considered eligible for federal financial aid, you must: •Be a United States citizen or eligible non-citizen •Be enrolled or accepted for enrollment in an accredited institution •Be making satisfactory academic progress in your course of study •Not be in default on any loan or owe a refund or repayment on any previous financial aid received at any institution attended •Be registered with the Selective Service, if you are required to do so Merit-Based Aid Merit-based aid is awarded to students who regardless of financial need. Students are given assistance because they have a special skill or ability, display a particular talent, have a certain grade point average, or are enrolled in a specific program. Occasionally, accounting scholarships are available and are rewarded based on merit, not need. Sources of Financial Aid There are several types of financial aid offered to help pay for educational expenses: •Grants •Loans •Student employment (work study) •Scholarships.
