Can I Get Financial Aid for One Semester Only?

January 25, 2011 | posted by Jeff Sheely.

financial-aid-one-semesterRecently, a student left a comment on my post at Skipping Breakfast, asking whether or not she can get financial aid for only one semester. It’s a great question and one that I think a lot of people wonder about. Below is her question and my reply. If you have any follow up questions about this, feel free to leave your comments in the reply box. Thanks!

 

“Hi Jeff, in regards to financial aid, I have a big question. Can you do financial aid for only a semester because I’m graduating at the end of December or is it easier to just not apply for financial aid since it’s only one semester? I don’t have to pay for Room and Board.”

You can absolutely do financial aid for only a semester, so you should definitely apply!

The FAFSA is much shorter and simpler than in the past, and you may be eligible for grants or scholarships that will help reduce your college costs even more. You’re not obligated to accept any aid, but the only way you’ll know what you might be able to get is to apply.

When you get your financial aid award package, you will be able to accept aid for just the semester that you need it.

Always make sure to maximize your grants, scholarships and work-study before applying for any loans, and if you do need to borrow, get your Federal loans first.

Click here to go to FAFSA.ed.gov and apply for financial aid.

Good luck!

Today’s question was provided by the student bloggers at Skipping Breakfast, a college readiness blog written primarily by students for students. Students will find stories, quizzes, tips and activities to help them get organized, set and reach goals, develop skills, find a dream career, and get into and pay for college when the time comes. If you’re a student, don’t wait until junior year of high school to prepare for college. Visit Skipping Breakfast for help getting started today.

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