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"What Is Financial Aid | NYSFAAA." What Is Financial Aid | NYSFAAA. N.p., n.d. Web. 27 Sept. 2016.

Http://www.usnews.com/education/blogs/student-loan-ranger/articles/2016-09-28/fill-out-the-fafsa-early. N.p., n.d. Web.

"Need-Based Aid vs. Merit-Based Aid." Test Prep. N.p., n.d. Web. 27 Sept. 2016.

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How do you compare financial aid packages from different colleges?  EFC and

coa.

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d.  How is eligibility of need-based aid determined?  The income of your family.

e.  How do you apply for financial aid? You apply for financial aid through FASFA

f.  What is FAFSA? When can you apply for this and what is the deadline? What

information is needed to complete the FASFA application?  form that can be prepared annually by current and prospective college students (undergraduate and graduate) in the United States to determine their eligibility for student financial aid. Deadline june 30th 2017.  You will need your parents income to complete fasfa

g.  What is a financial aid package?A financial aid package is a collection of different types of financial aid from multiple sources. It is intended to help you fill the gap between your ability to pay, your expected family contribution or EFC, and college costs, or the cost of attendance or COA.

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Gift -Aid - free money that a student get when they have some sort of special talents.

Self- help Aid- student loans and work study money.

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Need-based Aid

Federal student aid is need–based. That means it doesn't discriminate by any factor apart from financial need. Eligibility is based solely on the income of the student's family. Factors such as test scores or athletic ability have no bearing on any aid designated need-based.

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Merit-based Aid

On the other side of the coin is merit-based aid. Merit includes a variety of talents and interests: academic, artistic, athletic, and the list goes on. A student with extensive assets and income is just as entitled to a merit-based award as a student with limited assets and income.

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Check out this video to learn how the Free Application for Federal Student Aid (FAFSA) gives you access to grants, loans and work-study jobs that can help fund your education. Visit http://StudentAid.gov/FAFSA to learn more.

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If you need help paying for college or career school, the office of Federal Student Aid can assist you with getting the money you need. Check out this video to learn about grants, loans, and work-study jobs and how they can help fund your education. Visit http://StudentAid.gov to learn more.