Aug
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When going to college for your masters, will you sitll qualify for federal financial aid?
Financial Aid
ms.O asked:
A friend of mine has four children and is broke. She has a bachelor’s degree, but cannot find a job. If she goes for her master’s can she qualify for financial aid? She has never used it before.
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Tags: Bachelor, Federal Financial Aid, Going To College, Job, Masters
August 22nd, 2008 at 9:30 am
I do not know about grants but I am sure she would qualify for student loans. You do not have to start paying on them for six months after you get out of school. Have her do a FASFA application online and they should be able to tell her what she qualifies for.
August 23rd, 2008 at 2:15 pm
No she can’t get financial aid since she has already graduated.
August 23rd, 2008 at 2:33 pm
Yes she will get title four funding (Stafford Loans) but since she has a bachelor’s degree she will not qualify for the pell grant.
August 26th, 2008 at 9:00 pm
With a bachelors degree she is not eligilble for the Pell grant, but she may still qualify for state grants depending on where she lives and her income. She will be eligible for Federal Student loans.
August 27th, 2008 at 4:03 pm
She will not get grants but you can still get loans like stafford loans. After stafford loans (fixed 6.8% interst rate) your next best loan option is the Graduate PLUS loan fixed 8.5% interest rate. Keep in mind the stafford loans are need based for the sub part.
Have her check out these links there is a link for free money too!
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