Sal asked:


I’ve heard that if i have an active bank account when applying for financial aid for college i may be limited on the amount of aid i get or denied all-together. Just wondering what i needed to know. And please provide valid sources, as this is an important matter.

Jimmy asked:


I’m in my late 20’s and have a home based business, I have a high gross, but my net is about only 25% of what my gross is, when applying for financial aid for college do they count the gross or net? My net is not very much, just enough to live on. Will I have to get a second job to help pay for school? or will I get enough financial aid to live on and I can just keep doing my home based business?

melissa asked:


How is financial aid for colleges awarded?
What is it based on?

If this helps:

deceased father, unemployed mother at the moment (gets widows/unemployment pension)

Is it based on actual money or like grades? I have no idea

shenna asked:


How does one obtain a scholarship? What is the process and requirements?

Same questions for the other forms of financial aid.

If you have any information about college financial aid, I would appreciate learning what you know. Thank you!

??Dee?? asked:


I am in a career institute right now and I am currently using financial aid. But I want to attend college at the same time and can’t pay out of pocket. So is it possible to use financial aid for college and a career institute at the same time?

Alyssa B asked:


A relative wants to put life insurance benefits from a deceased family member in my kids’ names. I’m worried that whatever amount it might be, it will interfere with their ability to receive financial aid for college later, which they certainly will need. Should I ask him to put it in my husbands’ and my names?

ascg11 asked:


I currently have 114 credits i didn’t complete my degree yet.I took a break this yr from college and I’m attending a different accredited institution. Can I use my financial aid this yr, while planing to complete my degree in the future.

elite2291 asked:


For instance, if you applied for financial aid for college and they give you enough for one year then you get a full time job and apply for financial aid next year does it drastically affect the amount of financial aid you are going to get? Is it better just to work part time rather than full time?

Poopsie asked:


I’ve contemplated moving out of my house several times but I’ve been deterred by several family members threatening me that i would not receive any financial aid as i do now and will have to rely on loans to continue my education. Is this true?

I just don’t want to spend a good chunk of my life paying off school loans and I don’t want to live at home either.

Jasm asked:


Besides filling out a fasfa, what r some other ways to get financial aid for college? Preferably not loans based on credit. Any info will be helpful. Thanks.