Massachusetts Financial Package
Description
How to fill out Financial Package?
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FAQ
Find out about financial assistance programs offered in your state or territory. Child Care Financial Assistance. ... Temporary Assistance for Needy Families (TANF) ... Children's Health Insurance Program (CHIP) ... Women, Infants, and Children (WIC) ... Supplemental Nutritional Assistance Program (SNAP formerly Food Stamps)
MASSGrants are awarded for one academic year. Students must apply each year to receive consideration for grant assistance. To be eligible for a MASSGrant award, a student must: Not have received a prior Bachelor's Degree or its equivalent.
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.
Most families are eligible for some form of federal financial aid for college. Students with exceptional financial need may be eligible for federal grants and subsidized loans. Other students and parents may be eligible for non-need-based aid, such as unsubsidized federal loans.
Your eligibility depends on your Expected Family Contribution, your year in school, your enrollment status, and the cost of attendance at the school you will be attending. The financial aid office at your college or career school will determine how much financial aid you are eligible to receive.
A student's eligibility for MASSGrant and MASSGrant Plus is based on financial need determined by the Free Application for Federal Student Aid (FAFSA). The programs do not require a separate application. MASSGrant and MASSGrant Plus are awarded for one academic year.
If your EFC is high, it generally means that your family's income is high.
Eligibility ? permanent resident of at least one year who can demonstrate financial need and is enrolled in a Massachusetts public college or university for a minimum of three undergraduate credits. Awards ? up to the cost of tuition and fees. Amounts are determined by the FAFSA and the college financial aid office.