Whatisneed-basedfinancialaid?

Need-based financial aid is for students who might not have the means to pay for college on their own. It provides them with grants, scholarships, or work-study opportunities that don't need to be paid back. It's often given out based on a student's Student Aid Index (SAI) which is calculated when they submit the FAFSA. The calculation takes factors like income and the number of dependents in the household into account.

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