Kansas Financial Package
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FAQ
Filling Out the FAFSA® Form Creating an Account. Gathering the Documents Needed to Apply. Getting Help. Starting Your FAFSA® Form and Providing Your Basic Personal Information. Listing Colleges and/or Career Schools. Determining Your Dependency Status. Reporting Parents' Information. Providing Financial Information.
Your financial aid package is likely to include funds from the federal student aid programs but may also include funds from state and institutional aid programs. Note that not all colleges participate in all federal student aid programs.
University of Kansas costs $18,608 after scholarships and grants, with 42% of students receiving financial aid and an average aid package of $17,742. Financial aid applications are due February 1.
In most cases, your child's school will give you your loan money by crediting it to your child's school account to pay tuition, fees, room, board, and other authorized charges. If there is money left over, the school will pay it to you.
A financial aid package is the total amount of financial aid (federal and nonfederal) a student is offered by a college or career school. The school's financial aid staff combines various forms of aid into a "package" to help meet a student's education costs.
The financial aid staff starts by deciding upon your cost of attendance (COA) at that school. They then consider your Expected Family Contribution (EFC). They subtract your EFC from your COA to determine the amount of your financial need and therefore how much need-based aid you can get.
You may see three different types of financial aid listed on your financial aid offer?grants and scholarships, loans, and work-study. Scholarships and grants are the best types of financial aid because they do not have to be paid back. Loans are borrowed money that may accumulate interest and must be repaid.
Federal financial aid is awarded on a first-come, first-served basis, so apply as early as you can to maximize your financial aid. Step 3: Once your FAFSA is processed, you will receive a Student Aid Report.
