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Financial Aid Basics

Financial Aid Basics

Ready to master the basics of financial aid? Let's break it down together. We're here to help you sort through the maze of confusing financial aid terminology, so you can focus on what really matters—your education.

Student Aid Index Calculator

The Student Aid Index will replace the EFC (Expected Family Contribution) on the FAFSA beginning in 2024-2025. Use this calculator to figure out what your Student Aid Index will be. This number will determine how much need-based federal student aid you'll be eligible for!

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Common FAFSA Mistakes

Completing the FAFSA is an important step when applying for financial aid. Even small mistakes can slow down the process or create extra work later. The good news is that many FAFSA mistakes can be...

FAFSA Guide for Independent Students

Filling out the FAFSA is an important step when applying for financial aid. When you complete the form, you will be asked questions about yourself and your family. Your answers help decide whether you...

How Colleges Calculate Cost of Attendance

When comparing colleges, you may see a number called the Cost of Attendance (COA). Many students think this number is the same as their tuition bill, but that is not always the case. Cost of...

Annual Checkup: Preparing to Resubmit the FAFSA

Completing the FAFSA is not a one-time task for most students. If you plan to attend college next year and want to be considered for financial aid, you need to submit the FAFSA for each academic year...

How Your School Uses Your FAFSA

Everyone talks about the importance of the FAFSA and the different financial aid options you could have when you file. These options are provided by the federal government and are need-based, meaning...

Understanding the FAFSA

Video Transcript My name is Jonathan Rhodes, outreach Manager for South Carolina Student Loans. And I'm just here to help you understand the concept of the FAFSA. The FAFSA is simply the free...

Navigating your Financial Aid Package

Students will receive their financial aid award letters in the spring of the year before they arrive at school in the fall.

Evaluating the Cost of College

Video Transcript Hi, my name is Jonathan Rhodes, outreach Manager for South Carolina Student Loan Corporation, and I'm here just to help you evaluate the cost of attendance for college. Some students...

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