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Fundamentals of Financial Aid for 2024

Admissions.Blog

Let’s dive into some definitions and discuss fundamental financial aid terminology while introducing what’s new this aid cycle so you can successfully navigate the process of funding an undergraduate education as we approach 2024. Merit-based aid is often provided in the form of scholarships and grants.

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How does Financial Aid Work?

Solomon Admissions

Simply put, financial aid is money that helps you pay for college. For many students, financial aid is essential to making college affordable. An important key to understanding financial aid is to recognize the vernacular used by colleges, admission and financial aid officers, and financial aid award letters.

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Guide to Financial Aid Letters + Examples

StandOut College Prep

Congratulations on receiving your financial aid award letter! No matter where you are heading, your financial aid award letter is a crucial document that can make or break your decision to attend a particular college or university. So, let’s dive in and explore the different parts of your financial aid award letter!

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The Gates Scholarship

College Essay Guy

So, you’re probably thinking about financial aid, grants, work study, and any other way you can fund the next few years of your education (in which case, here's some great information for you ). This help often comes in the form of scholarships, and there are a few standout opportunities you can explore. Yes, indeed!)

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Scholarships to NYU

StandOut College Prep

That’s where scholarships come in! To receive a scholarship to NYU, you’ll need a high GPA and test scores , be actively involved in your school and community, and have a strong application, including general essays and your supplemental essay. Many scholarships at NYU for new students depend on grades and financial need.

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Georgia Scholarships

StandOut College Prep

Important Note: The purpose of this detailed listing is to help you plan your scholarship search throughout the year. Please find information below about scholarships for Georgia students. Scholarship deadlines are cyclical, so even if a deadline has passed, the website will likely be updated for the 2023-24 cycle.

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What Drives Graduate Student Enrollment Decisions?

Ruffaloni

This table reflects the percentage of students who said each factor was important or very important to them: Importance Factors in Enrollment Decisions Importance (Important and Very Important) Factor Not yet enrolled Enrolled Cost 77% 79% Future employment opportunities 70% 78% Flexible course options (online, evening, weekend, etc.)