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The UCM Short Term Loan Program is Available to Assist Students Who Need Financial Help $500 or Less Form
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People also ask
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What is a loan available to graduate and professional students to help pay for educational expense that exceed federal student loan program caps?
Graduate PLUS Loan: The Graduate PLUS loan is meant to supplement the funding from the Direct Stafford Loan program, and should only be requested if you have exhausted your Direct Stafford Loan eligibility for the year and still have remaining expenses/room in your Cost of Attendance budget.
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What is financial aid that's based on a student's financial need and usually doesn't need to be paid back?
A grant is a form of financial aid that doesn't have to be repaid (unless, for example, you withdraw from school and owe a refund, or you receive a TEACH Grant and don't complete your service obligation).
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What type of financial aid awarded based on need it is not required to be paid back?
Grants - Federal grants are sources of financial aid that generally do not have to be repaid unless your educational or financial situation changes. Learn about the types of student grants, eligibility, and when grants must be repaid.
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What federal aid does not have to be repaid?
A Federal Pell Grant, unlike a loan, does not have to be repaid, except under certain circumstances. Find out why you might have to repay all or part of a federal grant. You may not receive Federal Pell Grant funds from more than one school at a time.
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What type of loan is available to undergraduate students who demonstrate financial need?
Direct Subsidized Loans made to eligible undergraduate students who demonstrate financial need to help cover the costs of higher education at a college or career school.
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Which financial aid is based on a student's financial need and usually doesn't need to be paid back?
A grant is a form of financial aid that doesn't have to be repaid (unless, for example, you withdraw from school and owe a refund, or you receive a TEACH Grant and don't complete your service obligation).
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What provides loans to students with extreme financial need?
A Federal Supplemental Educational Opportunity Grant (FSEOG) is a grant for undergraduate students with exceptional financial need.
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What financial aid doesn't have to be paid back?
The Cal Grant is a California-specific financial aid allocation that does not need to be paid back. Cal Grant applicants must apply using the FAFSA or CA Dream Act Application by the deadline and meet all eligibility, financial, and minimum GPA requirements of either program.
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