Tuesday, December 15, 2020

FAFSA and Financial Aid Resources

 Some great financial aid resources are listed below:

  • Annual Student Loan Acknowledgment – For new and current borrowers, this tool helps students determine how much they will owe at the end of their degree and provides an estimate of their average expected salary.
  • Studentaid.gov – This website serves as a one-stop shop for students, families, and counselors seeking information about federal financial aid.
  • Aidan virtual assistant – This virtual assistant answers frequently asked FAFSA questions. Currently in a beta version, students who are part of the pilot program will be able to log into their account to access the Aidan owl icon.
  • myStudentAid – This mobile app allows students to submit their 2021-2022 FAFSA right from their phones, check for updates on their FAFSA status, and receive notifications.
  • Pell Grant funding updates – Grant levels for 2021-2022 are expected to be published by Feb. 1, contingent on a full-year appropriation and the FSA spending budget. As a reminder, the 2020-2021 maximum federal Pell Grant award is $6,345. On average, the Pell Grant covers 30 percent of the base cost of attending a public college (tuition, fees, room, and board).