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avatarAshley
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Do FAFSA cover cost of living?

IF you are eligable for the full amount to be given. What all could FAFSA pay for.

Question applies to ages: 17, 18

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avatarbeckyp@montcalm.edu
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Top 5 in: Financial Aid for College, Students' Civil RightsTop 5 in 2 Topics		 FAFSA is used to determine your need for aid at any college you wish to attend. The dollar amount will be different depending on which college you attend or indicate the FAFSA to be sent to. Once you submit your FAFSA each college will return an award letter to you indicating how much and what type of financial aid they will award you.

All the aid you receive is to be used for cost of educational expenses at the college you attend. The federal goverment allows costs to include, Tuition, Fees, Books and Supplies, Room and Board (on or off campus), transportation and other miscellaneous expenses. This means that if you have more aid than you have direct costs at the college you will receive a refund from the college to be used for expenses not charged by the college (such as room and board off campus).

Hope this answers your question.





References:
Financial Aid Director with 35 years of experience in the profession.
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avatarPatrick OConnor
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Top 5 in: Choosing College, SafetyTop 5 in 2 Topics		 I looked on the FAFSA Web site to answer this question, and it sounds like the amount of money you get is pretty much up to the colleges. Here's what the Web site said about the Expected Family Contribution, which is the amount your family can pay for college, based on the FAFSA:

" I have my EFC. How much money will I receive?

The financial aid office at your school will use your Expected Family Contribution (EFC) and other information to determine the amount of financial aid for which you are eligible. A financial aid award is determined by each school based on your eligibility and the cost of attendance for your program. "

This means the college can provide you financial aid for tuition, room and board, books, and other fees-- it's really up to each college, so you could be looking at getting a lot of financial help.

Be sure to ask this question when you visit any college campus, or talk with an admissions officer at a college.

(The information from FAFSA can be found at www.fafsa.ed.gov/faq003.htm#faq003_4 )

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College counselor for 25 years.
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