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Originally Posted by Bizzymammabee  No Financial Aid are govt grants to pay for school. The amount you can qualify for is dependent on your income. You don't have to repay that. You are thinking about Subsidized and Unsubsidized Student Loans. Those are guaranteed by the govt and with subsidized you don't accrue interest until you graduate. There is a cap to that amount. Once you hit the cap you venture into the unsubsidized loans, which the minute you take the loan the interest starts accruing. |
You are right about that. I confused financial aid with loans because here we use them interchangeably. So you disagree with students who financially need assistance to get through college?
Anyways, regardless my point still stands. The state helps pay for students to enroll in college so that the future of tomorrow has a more educated workforce. I don't see anything wrong with that.