Financial aid question?

Douglass Sarley: Not up front but they will include travel expenses in your cost of attendance, or budget (this includes tuition, room and board, fees, travel, and personal expenses). The total of this minus your EFC equals the amount of financial aid you need.. The college will then prepare and award for you with grants, student loans (staffords) and federal aid you qualify for to come up with that financial aid you need. If all the aid they offer you still is not enough to cover the cost of attendance then you will need to go and get a loan from a private source like a Charter One, Citi, Citzens etc. You will get awards from the colleges you listed on the FAFSA. They will be different. You will want to look them over so you get the least loans. As you plan to go instate that is good because tuition can more than double out of state making you need to get those private loans which are a last resort. After you accept the one you want, you wont get any of this aid! until a week before class, unless you filed late then it could be after which could cause troubles as colleges want their money. So you cant use it to relocate....Show more