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Skip Navigation LinksOffices & Services » Administrative & Fiscal Affairs » Financial Aid » Frequently Asked Questions

Frequently Asked Questions 

 

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Expand What is the Federal School Code for Paine College?What is the Federal School Code for Paine College?
Expand I probably don’t qualify for financial aid. Should I apply for financial aid anyway?I probably don’t qualify for financial aid. Should I apply for financial aid anyway?
Expand How do I apply for financial aid?How do I apply for financial aid?
Expand Do I have to apply for financial aid every year?Do I have to apply for financial aid every year?
Expand What are Direct Costs?What are Direct Costs?
Expand What are Indirect Costs?What are Indirect Costs?
Expand What is the 'Priority Consideration Deadline'?What is the 'Priority Consideration Deadline'?
Expand My parents will no longer help me with school nor do I live with my parents. Can I change my status to independent for financial aid purposes?My parents will no longer help me with school nor do I live with my parents. Can I change my status to independent for financial aid purposes?
Expand My parents are separated or divorced. Which parent is responsible for filling out the FAFSA?My parents are separated or divorced. Which parent is responsible for filling out the FAFSA?
Expand My parents are divorced, and the parent I am living with has remarried. Does my step-parent have to report his or her income and assets on the FAFSA?My parents are divorced, and the parent I am living with has remarried. Does my step-parent have to report his or her income and assets on the FAFSA?
Expand What is the Cost of Attendance?What is the Cost of Attendance?
Expand How is financial need determined?How is financial need determined?
Expand Am I eligible for the same awards each year?Am I eligible for the same awards each year?
Expand I received an outside scholarship. Should I report it to the Financial Aid Office?I received an outside scholarship. Should I report it to the Financial Aid Office?
Expand What if my financial aid is not enough to cover my bill?What if my financial aid is not enough to cover my bill?
Expand What happens to my financial aid eligibility if I withdraw from the semester?What happens to my financial aid eligibility if I withdraw from the semester?
Expand What happens if I fail to meet Satisfactory Academic Progress?What happens if I fail to meet Satisfactory Academic Progress?
Expand What is Verification?What is Verification?
Expand What is the Grade Level Loan Limit?What is the Grade Level Loan Limit?
Expand What are the federal annual Stafford loan limits?What are the federal annual Stafford loan limits?



 
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