KIN 5804 Lecture Notes - Lecture 8: Fafsa
Document Summary
Full grant-in-aid (full scholarship: financial aid consisting of, tuition and required fees, room and board, course-related books, cost of attendance - relatively new, different for each institution, determined by the financial aid office. Institutional financial aid: other permissible financial aid - non-countable outside aid, financial aid from outside sources. *total may not exceed cost of attendance: a student-athlete is ineligible if he/she receives countable institutional aid that exceeds the value of the cost of attendance number for a full grant-in- aid for that institution. Elements of financial aid: permissible fees, a sa may be awarded financial aid that covers the payment of fees if the institution pays these same fees for other students. Institution may pay the sa an amount equal to the institution"s official on-campus room allowance, or the average room cost of all its students living on campus: off-campus board. Institutions may offer multi-year grants-in-aid provided the duration is between 1 and 5 years.