With the new school year under way, parents of high school seniors are now seeing college on the not-too-distant horizon and realizing they will soon be faced with large tuition bills. “Will I qualify for financial aid?” they wonder. While the need-based aid calculations are fairly complicated, and based on each family’s individual financial circumstances, there is some federal student aid which is not need-based, that every student meeting basic criteria qualifies for. What are those basic criteria? Former Becker College and Anna Maria College financial aid officer, Laurie Peltier, breaks it down in the latest installment of the College Coach video series, Ask the College Finance Expert. Laurie answers the short, but surprisingly complex, question, “Who Qualifies for Financial Aid?”
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