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Part 2: No-Loan Colleges: Middle Class Families CAN Go to College for Free!

SSA Online College Prep

Comprehensive, updated (May 2023) list of no-loan colleges. 5500 is the loan cap most college access advisors recommend. Not all colleges include loans in your financial aid package. See a sample financial aid letter for a no-loan college ! See a sample financial aid letter for a no-loan college for an EFC of $0 !

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Fundamentals of Financial Aid for 2024

Admissions.Blog

Students with significant financial need may receive need-based aid in the form of grants, scholarships, work-study programs, and subsidized loans. Grants and scholarships do not need to be repaid, making them a form of “gift aid.” Merit-based aid is often provided in the form of scholarships and grants.

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NASFAA Rolls Out Recommendations for Pell Grant Expansion

BestColleges

Students who are incarcerated are set to regain access to Pell Grants nationwide in 2023. Education officials should step up communication about the Free Application for Federal Student Aid (FAFSA) process for incarcerated students to make sure the upcoming Pell Grant expansion is successful, according to a new report.

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Part 3: Middle Class Families CAN Go to College for Free!

SSA Online College Prep

Some schools have explicit capped loans policies - either only giving federally subsidized loans or limiting overall loan amount - which means more protection for your family. Some schools have student contribution policies , that explicitly limit student contribution and allow them to focus on school.

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Cheapest Ivy League School: Comparing Tuition, Fees, Aid, and More

AdmissionSight

For the 2024–2025 academic year, Princeton’s tuition, housing, and food costs total $82,650, but the estimated average grant for an aid student is around $72,000. Princeton meets 100% of demonstrated financial need with grant aid, often making it cheaper than your local state college or university.

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Unequal Distribution

Admitted

Financial aid discussions have centered on simplifying FAFSA and increasing federal Pell Grants – all important – but federal student aid policies are only one funding source for families trying to determine how to pay for college. However, the reality is these institutional grants are not fairly distributed.

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Colleges That Offer Complete Financial Aid

College Essay Guy

These schools ensure that your education costs are fully covered so you can focus on your studies without worrying about student loan debt. Some colleges even offer a "no-loan" policy. This means they replace loans with grants and scholarships. Grants Grants are financial awards that you don’t have to pay back.