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What do I need to do to accept my award? You do not need to do anything to accept a grant (HELP, MTAG, MESG, LAW, NISS, or GUMS). To accept a forgivable loan for the first time, you must sign a contract and submit the self-certification form.
Your student aid offer will include directions on accepting aid. Follow those directions carefully. You might have to enter the amounts you're accepting in an online form and then submit the form. If you receive a paper aid offer, you might have to sign it and mail it back to the school.
INCOME REQUIREMENTS The combined income for student and parents must be $39,500 annually or less. The average adjusted gross income (AGI) increases by $5,000 for each additional sibling in the household under age 21.
Mississippi Eminent Scholars Grant (MESG) A grant of $2,500 per year is available to Mississippi residents who are entering freshmen and are designated as National Merit/Achievement Finalists/Semifinalists OR who achieve an ACT score of 29 or better (or comparable SAT score) and a 3.5 high-school grade-point average.
You can add or delete a school on your FAFSA form by following these steps: Go to the FAFSA® form. Select the "Log In? button and enter your FSA ID. Select your role. On the "My FAFSA? page, select ?Add/Change Schools,? then select "Continue.? Create a save key. Change your information. Submit your new information.
"The rule is: free money first (scholarships and grants), then earned money (work-study), then borrowed money (federal student loans)," the US Department of Education writes on its website, adding that private loans should be the last resort.
You do not need to do anything to accept a grant (HELP, MTAG, MESG, LAW, NISS, or GUMS). To accept a forgivable loan for the first time, you must sign a contract and submit the self-certification form.
Grants are the most attractive type of financial aid because they do not need to be repaid. Pell Grants, the main federal grants for college, are intended for students with "exceptional financial need." They are primarily awarded to undergraduates, but some teacher certification programs are also eligible.