Financial Aid is a wonderful program to help with the cost of college. It is a program that helps to supplement the cost of education and offers opportunities to those who otherwise may not have the means to further their education.
The first step to receiving financial aid is to filling out the free application for federal student aid. This is the agency that determines what the family contribution should be. The difference between the cost of attendance and expected contribution for a student, determines how much funds should be awarded based on need. There are some programs that are based on merit or are non-need based and can replace expected contributions from a family source.
By applying early, several funding sources for assistance can be considered. An eligible student with demonstrated need should not be denied the opportunity to attend college. Though the maze of financial aid can be intimidating, if it is taken on a step at a time it’s as easy as drawing a line from A to B.
Begin by determining your eligibility to participate in federal, state and local financial aid assistance. Once you have determined that you are a good candidate for eligibility, apply for and receive your financial aid. After your initial application for Federal Student Aid, the remainder of the process should be completed at your prospective college or university. The Financial Aid office can be very helpful with this process.
To ensure your success, plan a college education budget. Understand the policies and procedures that will affect your financial aid experience; and if a student loan is part of your budget be sure you understand all the repayment options. Another important financial aid opportunity that you can’t afford to overlook is the work-study program. Often you will be given a part time job within your college or university to help you with expenses. With proper planning, nearly anyone can obtain a good education.
James Hunt has spent 15 years as a professional writer and researcher covering stories that cover a whole spectrum of interest. Read more at http://www.financial-aid-central.info
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In late January or early February of each year, qualified students enrolled
at EvCC in the previous year receive a 1098T notification from Everett Community
College. This notification is related to the federal tax credit programs called
the Hope Scholarship or Lifetime Learning Tax Credit.
These tax credit programs may be claimed against federal income taxes for the
payment of qualified tuition and related expenses. It is the responsibility of
the student and/or individual tax payer to determine his or her eligibility and
the deductible amount of tuition/fees.p>
A A college cannot provide you with tax advice, so instead of calling us, you
may wish to find out if you might be eligible by reading information at these
websites:
You may also wish to consult the IRS or a tax accountant for assistance. Your
own check receipts, credit card statements, or your own copy of your receipt
showing tuition paid at the time you registered may support your claim.
Beginning at the end of January, you can review your previous year tuition
costs by generating your previous class schedules via the Student Kiosk function
on our
website. We strongly encourage you to do this in order to doublecheck the
dollar amount shown on the 1098T. We are aware that in some cases student loans
may not have been calculated properly when the 1098T was printed, so it is
important for you to doublecheck.
Click on “View My 1098-T Data”. You may need to scroll down to see all
the information. For each quarter on the list on the screen, you can click
on the quarter and see more detail.
NOTE: We strongly recommend that you change your PIN number to a secret code.
You can do this by selecting Student Pin Change on the menu in the left column
on the Student Kiosk page.
If you believe there is an error on your 1098T, and/or if you do not have
computer access you may request written information by submitting a written
inquiry (with your name, student ID number, address, phone number and signature)
to Administrative Services – Hope Scholarship, EvCC, 2000 Tower Street, Everett,
WA 98201.
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