How much money do students usually get from financal aid?

Question

How much money do students usually get from financal aid?

Answer 1

You do not leave us much to go on friend.  When you apply for the FAFSA you may be eligible for a Pell Grant.  If your EFC (calculated through the FAFSA) is below $4041 you should start seeing some Pell money.  It is set on a scale though, with the lower your EFC, the higher the amount of Pell you qualify for.

Most students qualify for Stafford loans.  First year undergrads are eligible for $3500 in their first year.  If they are independent (as per the FAFSA requirements) they can receive an additional Unsub Stafford for $4,000.  Currently there is a new bill brought into law that is raising some of these limits so you may also be eligible for an additional $2000 in Unsub Stafford.  

Your best bet is to apply and talk to your financial aid office.  They will be able to give you specifics.  The bottom line is most all students are eligible for some form of aid, even if it is only student loans.