What is the standard amount of annual income or the asset level for a student and his/her family that will make them eligible (or ineligible) for financial aid?
There is no specific income or asset level that determines a student’s eligibility for student financial aid programs. The need analysis methodology attempts to assess the ability to pay based on the family circumstances. Virtually every student qualifies for some type of financial assistance, even if it is in the form of a student loan.
Related Questions
- What is the cut off for family income to allow a student to be eligible for some need based scholarships or support? Is that level the same for all universities?
- What is the standard amount of annual income or the asset level for a student and his/her family that will make them eligible (or ineligible) for financial aid?
- What is the standard amount of annual income or the asset level for a family that will make them eligible (or ineligible) for financial aid?