Hi everyone, I'm starting to look into colleges and financial aid options. I was just wondering how many years financial aid typically covers? Is it just for freshman year, or can you count on it for all four years of undergrad? Thanks in advance for any info!
Hello! It's great that you're exploring financial aid options for college. Generally, most financial aid awards, like grants, loans, and scholarships, cover a full academic year. However, you will often need to reapply each year to continue receiving aid. The good news is that for most types of aid, you can expect to receive support throughout your entire undergraduate program, as long as you maintain satisfactory academic progress and meet any other stated criteria.
Please keep in mind that the amounts could vary each year based on your family's financial situation, college costs, and changes in funding. It's also helpful to know about any specific requirements or deadlines for each type of aid you're receiving, so you don't miss out on valuable assistance.
For more information on financial aid, check out this CollegeVine blog post: How Does Financial Aid Work?
Good luck with your college planning!
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