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ISL Education LendingClass of 2023 - Set Your College Budget

Check out  this free online tool - College Funding Forecaster - and estimate your total out-of-pocket expense for your degree, and the amount you and your family need to borrow to pay for it. Knowing more now will help you make more informed decisions about your future. Get Started

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Who Decides How Much Financial Aid I Receive?

Your college's financial aid office determines your financial aid package by using the information from your Free Application for Federal Student Aid (FAFSA). The FAFSA is a free form that may be completed without professional assistance via paper or electronic forms provided by the U.S. Department of Education.

The financial aid office will subtract your Expected Family Contribution (EFC) from the cost of attendance at the college, and that tells them your financial need. They'll try to meet your financial need with any funds that are available to you. These may include grants, scholarships, loans or work-study.

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