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Financial Aid Recipients - Student Financial Services - University of

Financial Aid Recipients - Student Financial Services - University of 2025

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The document provides essential information for financial aid recipients of the University of Pennsylvania's Class of 2017. It outlines the financial aid award process, including how financial need is determined, details on various types of grants and scholarships available, and instructions for finalizing financial aid awards. The document emphasizes Penn's no-loan policy, which ensures that eligible students receive loan-free aid packages. Additionally, it includes guidance on payment options, deadlines for applications, and resources for managing educational expenses.

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We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

Do parents who make $120000 still qualify for FAFSA?

Yes, you can still apply for FAFSA (Free Application for Federal Student Aid) even if your parents have a high income. However, the amount of financial aid you receive may be limited because FAFSA primarily considers your familys financial situation when determining your eligibility for need-based aid.

What salary is too high for FAFSA?

There is no set income limit for eligibility to qualify for financial aid through. Youll need to fill out the FAFSA every year to see what you qualify for at your college. Its important to make sure you fill out the FAFSA as quickly as possible once it opens for the following school year.

Can I get FAFSA if I make 80k?

There is no maximum income you can have for the FAFSA.

What is the highest income to qualify for FAFSA?

What are the FAFSA income limits? A common myth is that students from high-income families wont qualify for FAFSA funding. In reality, theres no maximum income cap that determines your eligibility for aid. Although your earnings are a factor on the FAFSA, only some programs are based on need.

Is 70k too much for FAFSA?

Technically, no income is too high for the FAFSA. The U.S. Department of Education recommends filling out the FAFSA yearly, regardless of income. However because FAFSA is needs-based aid, those from lower-income families with a greater financial need get access to more financial aid.

Is $70,000 too much for FAFSA?

There is no income that is too high to file a FAFSA. No matter how much you make, you can always submit a FAFSA. Eligibility for need-based financial aid increases as the cost of attendance increases, so even a wealthy student might qualify for financial aid at a higher-cost college.

Financial Aid Recipients - Student Financial Services - University of 2025

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