How Many Years Can You Get Financial Aid for College? DoNotPay Has the Answer!
Attending college is stressful enough on its own, and on top of that, you need to worry about paying for your tuition and other expenses that tag along. The good news is that you can apply for financial aid and relieve some of that anxiety!
How many years can you get financial aid, though? DoNotPay has an answer! We will explain the limits of receiving this aid and assist you in sending an appeal letter if the school refuses your application once you sign up!
The amount you will be able to get also varies depending on the school you are attending. Check out what some of the most popular universities offer:
The time during which you can receive financial aid for college is not unlimited. The exact period it will be available to you depends on the type of aid you are receiving. There are four forms of financial aid available to students in the U.S.:
- Student loans
- Work-study jobs
Grants are a federal student aid option that you don’t need to repay. There are several popular grants that students apply for. You can see the period you can receive help from them in the table below:
|Pell Grants||Six years (12 semesters)|
|Teacher Education Assistance for College and Higher Education (TEACH) Grants||Four years|
|Federal Supplemental Educational Opportunity Grants (FSEOG)||Six years (12 semesters)|
|Iraq and Afghanistan Service Grants||Six years (12 semesters)|
Students can get direct subsidized loans for 150% of the published length of the program. The limit is measured in academic years and based on the program you are a part of. If you are attending a four-year school, the loan will take care of your expenses for around six years.
There is a way to prolong the period—you will need to switch your current program for another one that has a longer eligibility limit.
For direct unsubsidized or Direct PLUS loans, you don’t have to worry about a time limit for receiving the aid because there is none.
The founder and the type of scholarship (private, school-based, niche, etc.) will decide for how long you can keep receiving scholarships. You will need to get the exact information about the availability period from the organization funding it.
The federal government is also in charge of funding work-study programs. There is no certainty that one such program will be a part of your financial aid each year. The availability period of this option will depend on the school you attend.
To be eligible for federal financial aid, you need to meet the following criteria:
- Have significant financial need
- Be a U.S. citizen or an eligible noncitizen
- Have a Social Security number
- Be registered with Selective Service (men)
- Have a recognized certificate or a high school diploma
- Be a part of or accepted for enrollment as a student in an eligible degree
- Proceed to have good academic progress in school
- Sign the certification statement on the Free Application for Federal Student Aid (FAFSA) form claiming that you:
- Don’t owe money on a federal grant or student loan
- Are going to use financial assistance only for education
Some schools require additional documentation—the CSS profile and/or IDOC—to help them determine who can apply for the financial aid programs offered. These documents are more detailed and contain a lot of questions compared to FAFSA.
It is still possible not to be granted financial aid or not to get a satisfying amount of money to help you go through the process. There is no need to stress—you can file an appeal and get more money with DoNotPay’s help!
It doesn't matter what the school that denied your application or made a lousy offer for financial aid is—DoNotPay can create an appeal letter for you! You can also save time by letting our app generate appeal letters to all the schools you applied for. The procedure is simple and consists of four steps:
- Sign up for DoNotPay
- Type Appeal for More Financial Aid in the search bar
- Include the amount of financial aid other schools offered you if you have multiple options
- Provide relevant info about your family’s current financial status
DoNotPay will make sure to create your letter as soon as possible and send it to the school’s financial aid office on your behalf!
DoNotPay also knows:
- When you should apply for financial aid
- How financial aid for graduate schools works
- When you will receive your financial award letter
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