Hey guys! I've recently added Longwood University to my list of choices. What's their financial aid like? Any recent applicants with experience in their process who could give me a heads up?
Longwood University, like many other colleges, uses the FAFSA (Free Application for Federal Student Aid) to determine financial aid packages. Applying for financial aid through this avenue encompasses federal grants, work-study opportunities, state-based aid, and loans.
A significant portion of financial aid at Longwood comes in the form of grants. Longwood has both institutional merit scholarships, for which all students are automatically considered when they apply, and need-based aid. You'll be able to see your potential merit scholarship amount once you receive your admissions decision.
For need-based aid, once you've completed your FAFSA, Longwood will provide a financial aid package detailing your eligibility for various types of aid, which may include federal and state grants like the Pell Grant or Virginia Tuition Assistance Grant. These grants are, as the name suggests, based on your family's demonstrated financial need, as determined by the FAFSA.
Work-study jobs on- and off-campus also form part of the financial aid package for many students. These are part-time jobs that will allow you to earn money to put towards your expenses.
Longwood also offers loans. If grants, scholarships, and work-study don't cover the entire cost, federal loans may be an option. There are several types of federal student loans, all with different interest rates and payback terms, so it's essential to fully understand these before accepting any loan offer.
Remember, this is just a general overview. Every student's financial aid package can be unique based on their financial situation. I would advise you to complete the FAFSA as early as possible to get the best aid package and reach out to the Longwood's financial aid office if you have specific questions or need clarification. They're there to help guide you through this process!
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